Frauke Schmidt

1 week ago | euwid-paper.com | Frauke Schmidt

Austria-based Rondo Ganahl AG has sold its corrugated packaging plant in Istanbul, Turkey, to a local packaging producer. The decision marks the company’s complete withdrawal from the Turkish market. The Istanbul site was originally acquired by Rondo in February 2013 under the name MKB Oluklu Mukavva Kutu ve Ambalaj and had contributed positively to the group’s performance over the years.

1 week ago | euwid-paper.com | Frauke Schmidt

Metsä Board has discontinued production at its Tako paperboard mill in Finland with the shutdown of paper machine BM 1 on 17 June. In January 2025, Metsä Board announced that it would close the board mill, citing continued weak profitability and the desire to improve competitiveness as the reasons for the decision.

1 week ago | euwid-paper.com | Frauke Schmidt

Swedish ports are currently experiencing significant operational disruptions as a result of an ongoing labour conflict between the Swedish Dockworkers’ Union (Hamnarbetarförbundet, HF) and the employer association Ports of Sweden. The dispute centres on unresolved issues regarding union rights, protections for elected officials, and working conditions for temporary staff, despite a sector-wide agreement having already been reached with the Swedish Transport Workers’ Union.

1 week ago | euwid-paper.com | Frauke Schmidt

The downward trend in recovered paper prices that began tentatively in May has gained significant momentum in June. Prices for mixed paper and board (grade 1.02) and supermarket corrugated paper and board (grade 1.04) fell sharply this month, following initial slight declines observed in the second half of May. Market players attribute the price collapse to a marked drop in demand from the paper industry.

1 week ago | euwid-paper.com | Frauke Schmidt

Saudi packaging group Obeikan is shutting down its corrugated packaging plant in Canet d'en Berenguer near Valencia, Spain. The company has announced a collective redundancy procedure (ERE) and full closure of the site, affecting more than 100 employees, according to a statement by trade union CCOO del Hàbitat del País Valencià. According to Spanish press reports, the Valencia plant – which once employed up to 175 people – had seen its workforce reduced in recent years.