The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe. “In response we announced on 6 July 2023 the start of a consultation process on the possible closure of Stockstadt Mill. We have […]
Tag Archives: Belgium paper industry
Saica Group has reached an agreement to acquire a minority share of Pacapime, the Belgian corrugated cardboard company. Pacapime generated revenues of Euro 61 million in 2022, and provides direct employment to 109 people. The company also shares Saica’s focus on sustainability, with a heavy use of recycled paper, its own solar panels that cover a […]
Paper Excellence participated in the “Wood you find it?” event hosted by FSC International in Brussels to discuss the EU Deforestation Regulation (EUDR), approved in April by the European Parliament. Representatives of the European Commission responsible for the approved text, public policy makers, companies, NGOs and FSC leaders discussed together what are the biggest challenges […]