The first quarter of 2023 has seen a year-on-year decrease of 4.5% in China’s newsprint imports, which totalled 103.1 thousand tons. The value of these imports has fallen by 18.4%, settling at $57.1 million. This contraction correlates with the average price of newsprint, which also witnessed a 14.5% decrease to $554.1 per ton. Despite the […]
Tag Archives: Russian newsprint
Sylvamo announced it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received approximately $390 million in cash proceeds. “We made a principle-based decision to exit Russia and believe Pulp Invest is the best option […]
Ilim Group is finalizing the construction of the largest kraftliner mill (KLB Mill) in Ust-Ilimsk, Russia. It is the first mill in the Russian pulp and paper industry to use a two-stage biological wastewater treatment system. The Ust-Ilimsk Mill will be the largest kraftliner production site in Russia with the output of 600 thousand tons of finished products […]
Industry proposal As Russia’s invasion of Ukraine continues to impact on the country’s economy, Russian food industry players have requested the country’s authorities to approve new standards for food packaging which would reduce the required sizes of labels, and increase the sizes of packaging for particular products. The proposed changes are designed to help food […]
Konecranes condemns the war in Ukraine. We are saddened and upset by the war and deeply concerned for our over 400 Ukrainian employees and their families. Their safety and well-being are number one priority for Konecranes as a company, and the Konecranes community is supporting them and their compatriots through local and global efforts. Konecranes […]
ARKHBUM-UPAK LLC, which is part of the Austrian group of companies Pulp Mill Holding GmbH, increased the production of bags from paper by 162% up to 71 million units in 2021, which became one of the record figures for the market. The company has also expanded its export range, while its share in the overall […]
Kemira to increase prices for all product lines in Pulp & Paper, Americas effective March 15, 2022. Costs for all main raw materials, energy (direct and indirect), packaging materials and freight have massively increased during recent months and continue to rise. Significant price increases in the range of 15% to 30% are necessary and will […]
Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions by Europe, North America, and major markets in Asia halted shipments from Russia and Belarus. In addition, exports from Ukraine were also disrupted. The total lumber exports from the three countries in the war zone […]
Selenginsky pulp and paper mill (SCCC), one of Russia’s largest paper mills, located in Buryatia Republic will be modernized with the cost of the project more than RUB2 billion (US$26 million), according to press service of the government of the republic. The main purpose of the planned modernization is to improve the quality of finished […]
A viewpoint from Alejandro Mata, Director of European Packaging and Graphic Paper It has been almost a week since the start of the Russian invasion of Ukraine. For many of us, the sheer shock of what is happening makes us realize how fragile our way of living is, and how fast things can change. Without minimizing the suffering […]