The American Forest & Paper Association (AF&PA) published the October 2023 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 15% in October compared to October 2022. U.S. purchases of total printing-writing papers decreased 30% in September compared to the same month last year. Total printing-writing paper inventory levels decreased 2% when […]
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Andritz has successfully started up a complete, innovative reject handling line as well as key stock preparation equipment at Sun Paper Savannakhet, Savannakhet Province, Laos. ANDRITZ’s scope of supply includes a compete reject handling line that processes rejects from the mill’s two OCC lines and the pulp drying line on site and has a design […]
Increase in trade and insufficient transport capacities exacerbates raw material situation. Koehler Paper uses long-term raw material planning to safeguard its delivery commitments. Focus on supply chain management. The coronavirus pandemic caused global disruption to raw material production and also to international shipping. After just six months, global trade had recovered, resulting in a […]
Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. As part of the transaction, Solenis is expected […]
Valmet Oyj and Neles Corporation announce that their respective Boards of Directors have today signed a combination agreement and a merger plan to combine the two companies through a merger. Transaction highlights: – The Combined Company will be a leading company with a unique offering for process industries globally with illustrative combined net sales for […]
Red Leaf Pulp Ltd., developer of a proprietary wheat straw-based pulp mill, announced the company will locate its initial facility in Regina, Saskatchewan, Canada. The Company has secured properties on the west side of the City of Regina and will commence construction of the $350 Million facility in early 2022. The initial plant will have […]
China’s paper market seems to have gone crazy with runaway price increases on almost all grades and towards all-time heights! By early March, the list price of fully coated paper came close to RMB6,500/mt, rebounding +44% from May 2020 when the market was battered to the bottom by the pandemic! For tissue paper, the price […]
Supply and demand realities for key curbside materials are evolving fast, impacted by the coronavirus pandemic, domestic processing capacity increases, and other key trends, according to two experts. Bill Moore of Moore & Associates and Stephanie Baker of KW Plastics last week described the factors impacting recycled material end markets. They spoke during a session […]
Verso Corporation (NYSE: VRS) today reported financial results for the third quarter of 2020 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending December 31, 2020, in the amount of $0.10 per each outstanding share of Verso’s Class A common stock. The quarterly cash dividend is payable […]
The American Forest & Paper Association (AF&PA) has released its September 2020 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 21 percent in September compared to September 2019. U.S. purchases of total printing-writing papers decreased 20 percent in September compared to the same month last year. Total printing-writing paper inventory levels […]