Paper industry news
No casualties were reported, but a recycled containerboard machine at the facility, PM 1, was affected, a source at the company said.
No casualties were reported, but a recycled containerboard machine at the facility, PM 1, was affected, a source at the company said.
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China temporarily drops import tariffs on recycled containerboard, boxboard, and fine paper
China has lowered import taxes on 1,020 commodities, including 67 kinds of paper and paper converting products, effective January 1.
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Stora Enso completes acquisition of Netherland-based De Jong Packaging Group for Euro 1.02 billion
The acquisition will significantly strengthen Stora Enso’s presence in European packaging markets and provide an entry into the corrugated packaging market in the Netherlands, Belgium, Germany and the UK
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Shin Tokai Paper to build 70t/h biomass boiler at Shimada mill in Japan
The new boiler, which involves a total investment of approximately ¥12.5 billion ($90 million), will be fuelled with wood biomass and will be capable of generating 70 tonnes of steam per hour, the company said.
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Maintenance at Nine Dragons' Fujian, Tianjin mills to reduce containerboard output by 41,000 tonnes
Nine Dragons Paper Holdings is putting two of its Chinese mills under maintenance, which will result in a decrease in containerboard output of 41,000 tonnes.
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KRAFTPAL SETS FOR DECISIVE ROLL OUT OF RECYCLABLE CORRUGATED PALLETS IN US MARKETPALLETS
KraftPal is a manufacturer of durable, lightweight and recyclable corrugated pallets. The company is excited to offer its customers up to 80% carbon footprint reduction, undeniable cost savings, and the luxury of a single point of contact for global operations.
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Prices for OCC imports continue to slump with the European brown grade falling the fastest
The excess of old corrugated containers (OCC) tonnage available for export from Europe and the USA has continued to weigh on the Asian market, driving prices for brown grades down to new lows. European OCC 95/5 levels have dropped $20/tonne over the past two weeks and clocked in at $115-130/tonne in Southeast Asia (SEA).
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