The Russian pulp and paper industry is facing an acute crisis in product sales. The main reasons for this difficult situation are sanctions and a severe lack of demand in the Chinese market, exacerbated by exorbitant export logistics costs. Pulp and paper mills, have been forced to cut down production volumes. In the first half […]
Tag Archives: Chinese market prices
Shandong Jinthiane Paper Industry Co., Ltd signed a contract with A.Celli Paper marked the beginning of the business relationship between the two realities. The new E-WIND® P100 paper rewinder object of the supply will be used to process jumbo rolls of 170-400 gsm white coated board with a diameter of 4000 mm and a width […]
China’s economy recovered and showed sound momentum in the 3Q, notably better than the 2Q. The production and demands continued to improve, and employment and prices were generally stable. The national economy was generally performing within an appropriate range, according to the National Bureau of Statistics of China. According to preliminary estimates, the gross domestic […]
Paper Excellence announced the indefinite curtailment of its paper operations at the Catalyst Crofton facility on Vancouver Island in British Columbia, starting in early December 2022. Paper Excellence explained that paper markets in China served by the mill have significantly weakened while there have been substantial cost escalations for chemicals, energy, and wood fiber used […]
The Chinese paper manufacturer Shanying Suzhou Paper commissioned Voith to supply two XcelLine paper machines with comprehensive digitalization and automation solutions as well as services and spare parts packages for its new site in Zhongying, Anhui Province, China. Voith will supply the entire lines. With a design speed of 1,300 m/min and a wire width […]
In September, the Purchasing Manager Index (PMI) of China’s manufacturing industry was 50.1%, increase 0.7 percentage points from the previous month, moving into the expansion range. In terms of enterprise size, the PMI of large enterprises was 51.1%, increase 0.6 percentage points from the previous month, higher than the threshold; the PMI of medium-sized and […]
Chinese Greatview recently announced that it has entered into an agreement to acquire the assets of Alternapak Production srl at San Pietro in Gu, Italy. The facility in Italy ceased production earlier this year after having established a solid track record as a key supplier of aseptic cartons to leading players in the liquid food […]
In 2021, the world’s shipments of wood chips reached almost 35 million m3, close to the highest on record. Significant expansion of pulp capacity in China combined with a lack of domestic wood fiber has driven the global increase in traded wood chips over the past decade (see chart). About four-fifths of the trade was […]
Ilim Group has signed two trilateral strategic partnership agreements with Shanghai High Hope Pulp and Paper, with the third parties to these agreements being Hengan Group and Mudanjiang Heng Feng Paper, which consume Ilim’s pulp and paperboard to produce their own P&P products. The largest service operator Shanghai High Hope Pulp and Paper Corporation has […]
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with the steady recovery from the ongoing challenges of the Covid-19 pandemic. EBITDA continued to improve quarter-on-quarter from a low of US$26m in our third quarter of 2020 through US$98m in the previous quarter to US$112 for the current quarter, […]