Tag Archives: analysis

Higher wood fiber costs for pulp mills worldwide in 2023

Global pulp prices have fallen steadily since late 2022, when they reached record highs. The most significant decline has been for hardwood pulp, traded at a substantial discount to softwood pulp. Global pulp inventories were down during the summer, and there were signs that the market tightened, and pulp producers were starting to see opportunities […]

WestRock Co (WRK) Reports Fiscal Fourth Quarter and Full Year 2023 Results

WestRock Co (NYSE:WRK) announces a net income of $110 million for Q4, with adjusted net income at $210 million. Net sales reached $5.0 billion in Q4, despite a 7.7% decline from the previous year. Full-year 2023 net loss reported at $1.6 billion, with adjusted net income of $778 million and consolidated adjusted EBITDA of $3.0 […]

Sustainable packaging fuels growth and innovation in specialty papers, new Smithers data reveal

Demand for more greener packaging is aligning with innovation in industrial applications to future drive sales of specialty papers, according to the latest Smithers research. Data from its new study – The Future of Specialty Papers to 2028 – show  production of these engineered premium paper grades will reach 26.52 million  tons in 2023, up […]

EETC secures Nine Dragons Paper Jingzhou ESP Project

Enelco Environmental Technology Co., Ltd. (EETC) today announced that it has been selected to supply electrostatic precipitators (ESPs) to Nine Dragons Paper (Hubei) Co., Ltd. The contract includes delivery of a 4,600 tds/d recovery boiler ESP and a 700 t/d lime kiln ESP as part of Nine Dragons’ Phase III expansion for chemical pulp production. The contract is […]

Iberpapel Gestión reports a net profit of €34.96 million

Iberpapel reported operating profit of €13.77 million in the first nine months of the year, compared to €6.2 million in the same period of 2022. Having successfully defended its sales prices and margins, the company managed to eke out growth of 122% in a complicated environment marked by slowing demand in Europe and growing imports […]

Spain’s paper and paperboard imports decline slightly to $1.1M in July 2023

In July 2023, after two months of growth, there was significant decline in purchases abroad of paper and paperboard (creped, crinkled, embossed or perforated), when their volume decreased by -15.6% to 380 tons. In general, total imports indicated a pronounced increase from July 2022 to July 2023: its volume increased at an average monthly rate […]

Smithers announces P&P 2023 conference agenda

In Amsterdam, across the 12-13 December 2023 the Plastics and Paper in Contact with Foodstuffs 2023 conference promises to be an exceptional gathering of the whole food contact supply chain, who look to address all topical concerns in the food contact industry and develop their knowledge on how to best comply with all the latest […]

US printing-writing paper shipments down 25% in July

Total U.S. printing-writing paper shipments decreased 25% in July 2023 compared to July 2022. U.S. purchases of total printing-writing papers decreased 32% in July compared to the same month last year. Total printing-writing paper inventory levels remained essentially flat (-0.2%) when compared to June 2023, according to the American Forest & Paper Association. U.S. shipments […]

Rayonier Advanced Materials reports Q2 net loss of $17 million

Rayonier Advanced Materials Inc. (RYAM) reported a net loss of $17 million, or $(0.26) per diluted share, for the quarter ended July 1, 2023, compared to a net loss of $23 million, or $(0.36) per diluted share, for the prior year quarter. Loss from continuing operations for the quarter ended July 1, 2023 was $16 million, or $(0.24) per diluted share, compared to a loss from continuing operations […]

U.S. boxboard production down 11% in Q2

U.S. boxboard production in Q2 2023 decreased 11% compared to Q2 2022. The boxboard operating rate was 86.6%, down 7.6 points from Q2, as the American Forest & Paper Association reports. Solid Bl. Plate, Dish & Tray–Domestic production decreased 6.4% compared to Q2 2022 and increased 0.7% for the year-to-date. Recycled Boxboard–Coated production was down 3% when […]