News

UPM to switch off PM 3 at Steyrermühl end of March

02 Feb 2017 − After the closure of PM 2 at the Augsburg site at year-end, UPM has now announced it would permanently shut down the PM 3 at the Steyrermühl mill at the end of March. Employee consultation processes at both mills have...» more

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Shortage of sawdust prompts increase in sawmill residue prices in Germany

01 Feb 2017 − Growing shortage is due to heavy demand from the pellet industry, a seasonally lower supply of residual wood and reduced cutting performance in the sawmilling industry.» more

French magazine paper prices slashed in January

31 Jan 2017 − Magazine prices tumble in the wake of lower overall demand. Newsprint contracts are mostly featuring unchanged prices compared to December.» more

Further mark-ups for ordinary RCP grades in Italy

31 Jan 2017 − Prices for ordinary recovered paper grades have edged higher in Italy echoing developments on the Far East export market where prices went up quite significantly in January. » more

Manufacturers announce price hike
for kraftliner as from March

30 Jan 2017 − After price increase announcements for recycled containerboard, paper mills are now also set to raise prices for kraftliner from 1 March. » more

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SCA proposing split of the group into two listed companies at AGM

26 Jan 2017 − SCA is going ahead with its plans to split the company into two listed companies "Hygiene" and "Forest Products". » more

Burgo announces decision to convert Avezzano fine paper mill to recycled containerboard production

24 Jan 2017 − Burgo has signed an agreement with local and regional authorities and the employee representatives regarding the planned restart of operations at the idled Avezzano paper mill in Italy's Abruzzo region.» more

West Rock to acquire MPS for $2.28bn

24 Jan 2017 − WestRock Company and Multi Packaging Solutions International Limited (MPS) have reached a definitive agreement for WestRock to acquire all of the outstanding shares of MPS for a total enterprise value of $2.28bn. » more