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International News

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Japan-Based Rengo Announces Start of New Capacity at Joint Paper Mill in Vietnam

Japan-Based Rengo Announces Start of New Capacity at Joint Paper Mill in Vietnam

With investments worth USD 130 Mn, the new and second machine with production volume 220,000 tonnes will produce containerboard (corrugating medium). November 18, 2016 Rengo Co., Ltd., Osaka, Japan announces the successful start of the second paper production line at Vina Kraft... (Continue reading)

International Paper Finalizes Acquisition of Weyerhaeuser’s Cellulose Fibers Business

International Paper Finalizes Acquisition of Weyerhaeuser’s Cellulose Fibers Business

IP expects to save about USD 175 million annually in “synergies” by the end of 2018. December 2, 2016 International Paper (IP) and Weyerhaeuser have finalized the announced purchase and sale agreement for Weyerhaeuser’s Cellulose Fibers division. The deal worth USD 2.2bn... (Continue reading)

US Continues With Antidumping and Countervailing Duties on Coated Paper Imports From China and Indonesia

US Continues With Antidumping and Countervailing Duties on Coated Paper Imports From China and Indonesia

USITC determined that material injury to the domestic industry was likely to continue or recur after revocation of the existing ADD and CVD orders. December 7, 2016 There is no end to punitive tariffs on coated paper imports from China and Indonesia... (Continue reading)

Suzano to Purchase 75,000 Hectares of Forest Assets in Brazil

Suzano to Purchase 75,000 Hectares of Forest Assets in Brazil

The USD 245 million move intends to meet the demand from the expansion in pulp production at Imperatriz Unit. November 08, 2016 Suzano Papel E Celulose S.A. entered into with Companhia Siderúrgica Vale do Pindaré and with COSIMA – Siderúrgica do Maranhão... (Continue reading)

Verso Announces Plans to Temporarily Idle 200,000 Tonnes of Annual Production Capacity at Androscoggin Mill

Verso Announces Plans to Temporarily Idle 200,000 Tonnes of Annual Production Capacity at Androscoggin Mill

The idling of the No. 3 paper machine will result in the layoff of about 190 employees at the Androscoggin Mill. November 1, 2016 Verso Corporation announced plans to temporarily idle the No. 3 paper machine at its Androscoggin Mill in Jay,... (Continue reading)

Chinese Pulp and Paper Producers Plans to Consolidate, Invest Overseas Amid Economic Slowdown

Chinese Pulp and Paper Producers Plans to Consolidate, Invest Overseas Amid Economic Slowdown

China Pulp and Paper Factbook, a new publication from RISI, provides much-needed detail about this vital sector is the November 7, 2016 As China’s economic boom has slowed in recent years, its pulp and paper sector has responded with significant shifts in... (Continue reading)

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Asia Pulp & Paper Commits USD 50 Million on Indonesian Coated Paper Imports into US

Asia Pulp & Paper Commits USD 50 Million on Indonesian Coated Paper Imports into US

The company requests ITC lift Indonesian duties so it may resume limited importation of specific coated paper products into the United States market. November 3, 2016 Asia Pulp & Paper Group (APP), the global pulp, paper, packaging and tissue manufacturing company has... (Continue reading)

Valmet to Supply for Sun Paper’s New Dissolving Pulp Mill in Laos

Valmet to Supply for Sun Paper's New Dissolving Pulp Mill in Laos

The mill in Laos is Sun Paper’s first international investment outside China; the value of the order is around EUR 20 million. December 21, 2016 Valmet will deliver key technology for a new green field dissolving pulp mill to Sun Paper`s new... (Continue reading)

UPM Paper ENA to Cut Down 305,000 tonnes of Graphic Paper Capacity in Europe

UPM Paper ENA to Cut Down 305,000 tonnes of Graphic Paper Capacity in Europe

The slackening SC paper demand and adverse market conditions are the reasons behind the permaner closure of some machines November 3, 2016 UPM is planning to permanently reduce its graphic paper capacity in Europe by 305,000 tonnes. The capacity reductions are planned... (Continue reading)

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Schumacher Packaging to Spend EUR 100m on Capacity Expansion in Poland

Schumacher Packaging to Spend EUR 100m on Capacity Expansion in Poland

Schumacher Packaging has acquired the entire Fabryka Papieru Myszków site and will rebuild the former newsprint PM to recycled containerboard production, startup scheduled for 2019. December 5, 2016 Germany’s corrugated packaging company Schumacher Packaging is going on with its capacity expansion plans... (Continue reading)

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