Igor Dugandzic
Business Editor at EUWID Pulp and Paper
Business journalist/editor at EUWID Pulp and Paper @euwidpaper. Yes, all views are my own.
Articles
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3 weeks ago |
euwid-paper.com | Igor Dugandzic
Metsä Fibre, part of Metsä Group, is preparing for a temporary production shutdown at its Joutseno NBSK pulp mill in response to weak market situation. Accoding to Metsä Fibre, the production shutdown at the Joutseno pulp mill will enable to company to adjust its pulp inventory levels and match output to the low order volumes from Asia and the uncertain market situation. The commercial downtime will start on 9 June and production will be shut down until further notice.
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1 month ago |
euwid-paper.com | Igor Dugandzic
Finnish pulp and wod products manufacturer Metsä Fibre, a member of the Metsä Group, has completed the statutory change negotiations with employee representatives on the possible temporary layoffs at the company's facilities in Rauma and Joutseno. The agreement will give Metsä Fibre the possibililty to layoff the staff of the Joutseno and Rauma pulp mills and the Rauma sawmill for up to 90 days in the second half of the year. The change negotiations involved a total of approximately 465 people.
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1 month ago |
euwid-paper.com | Igor Dugandzic
The balance of power in Europe's pulp market has clearly shifted toward buyers. Amid sluggish demand in China, weak European paper and cartonboard markets, and broader geopolitical tensions, pulp suppliers are facing increasing pressure. Since mid-April, Europe's pulp market has faced mounting challenges due to weak global demand - particularly from China - and ongoing geopolitical tensions. These pressures have weakened suppliers' pricing power, shifting the market in favour of buyers.
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1 month ago |
euwid-paper.com | Igor Dugandzic
Spurred by high prices for ordinary recovered paper grades, recycled corrugated case material and white-lined chipboard producers raised their selling prices in April. Their cost burden remains high, though, which is especially true for GD board producers that have so far only managed to implement smaller price hikes.
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1 month ago |
euwid-paper.com | Igor Dugandzic
International paper and packaging group Smurfit Westrock is closing facilities in the US and Europe to match capacities to future market needs. Smurfit Westrock today announced it will permanently close its coated recycled board (CRB) mill in St. Paul, Minnesota and will discontinue production at its containerboard mill in Forney, Texas. The closures will reduce the group's containerboard and CRB capacity by over 500,000 tons.
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Sweden's Elof Hansson Group acquires 100 per cent of Italy's Dede Paper & Board to expand its presence in Italy and surrounding markets. #ElofHanssonTrade #pulp #paper #forestproducts https://t.co/TtNsjkjKbh
#Suzano terminates negotiations and backs away from potential acquisition of #InternationalPaper as it believes to have reached "the maximum price for the transaction to generate value for Suzano." #pulp #corrugated #containerboard #fibre #takeover https://t.co/WpITcUTyPT
"According to its strategy of diversifying its production mix and strengthening its market position in the world of packaging", #BurgoGroup has officially launched a range of folding boxboard and foodservice board products under the brand name Sun. #Burgo https://t.co/EfYr5uvRxD
