Paper industry news
Nine Dragons announces another 54,000 tonnes’ worth of P&B downtime in China
All 16 P&B machines at the Dongguan mill, representing a total capacity of 5.85 million tonnes/yr, have gone offline alternately since late July.
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Japan’s Chuetsu Pulp & Paper to raise wall base paper prices from November 1
The price revision is needed to counterbalance the soaring costs of raw materials and fuels, the company said.
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Russia’s Segezha considers establishing paper packaging production in Vietnam
Russia’s Segezha Group is mulling the possibility of setting up paper packaging production Vietnam with the prospect of deliveries to the markets of the Association of Southeast Asian Countries (ASEAN), a company representative confirmed to Fastmarkets RISI. The cost of such a project is estimated at around $50 million.
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Japan’s NPI announces price hikes for certain cartonboard coated paper from October 1
Japan's Nippon Paper Industries (NPI) has announced price hikes of at least 15% for some of its cartonboard and coated paper products, starting with October 1 shipments.
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In India shut at Andhra Paper Rajahmundry mill to cut output by 5,050 tonnes
West Coast Paper Mills subsidiary Andhra Paper has announced a 10-day maintenance shut of its Rajahmundry mill in Andhra Pradesh, wrapping up this week.
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Nine Dragons starts containerboard machine at new mill in Hubei China
Nine Dragons Paper (Holdings) has begun trial production on a new 600,000-tonne/yr containerboard machine at a greenfield mill in Jingzhou city, China’s central province of Hubei.
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APP Indonesia announces $50/tonne hike for all fine paper products domestically and overseas
Asia Pulp & Paper (APP) Indonesia has announced an immediate hike of $50/tonne in the price of its various fine paper grade products in the domestic market and overseas.
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Pricing Rationale: NBSK CIF China
The Chinese industry is wary of the contraction in economy stemming from stringent anti-COVID-19 measures that lasted for a long time, which might tip the country into a recession.
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Japan's Oji Paper hikes prices for entire range of printing, writing paper by 15% from July
The price increase is applicable to all coated, lightweight coated and uncoated paper as well as copy paper.
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Sellers and buyers hit a stalemate in Asian RCP market due to their divided outlook
Prices talks for recovered paper (RCP) imports in Asia have hit a stalemate, with sellers and buyers having opposite views on the market.
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Prices for BHK imports are up in China, but customers fear deep slump
A Brazilan contact admitted that the Chinese market has been in a bizarre world where pulp is more expensive than paper and board (P&B).
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