News

Business on recycled corrugated case material market in Germany begins to stall

10 Feb 2015 − The German market for recycled corrugated case material was weaker at the beginning of February than it had been in the previous month. Although there have not yet been any price concessions, it seems that the plans for...» more

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Staples to acquire Office Depot in a $6.3bn deal

05 Feb 2015 − Office Depot will become a wholly owned subsidiary of Staples and boost Staples' annual sales to $39bn.» more

Coated woodfree paper prices lose more ground in Italy

03 Feb 2015 − With prices in decline, coated and uncoated fine paper suppliers are following the trend in pulp costs with concern and complaining about US-dollar gaining strength against the euro.» more

Voith restructuring: massive cutbacks for paper division

03 Feb 2015 − The engineering group Voith has announced an extensive restructuring project that will see the firm shed 1,600 jobs around the globe and sell one of its four divisions between now and the end of 2016. » more

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May+Spies and German private consortium buy Papierfabrik Reflex

02 Feb 2015 − Buyers have finally been found for Papierfabrik Reflex, which has been under insolvency proceedings since October 2013. A group of investors, consisting of May+Spies and an unnamed private family consortium have taken...» more

UK government presses ahead with plain cigarette packaging

29 Jan 2015 − Cigarettes and hand rolling tobacco might be sold in standardised packs in the UK from May 2016.» more

Spanish competition authority levies €98m in fines

28 Jan 2015 − Spain's competition authority CNMC (Comisión Nacional de Mercados y la Competencia) has imposed fines totalling €98.2m on 39 waste management and recovered paper companies and three trade associations. » more

Producer announces reduced NBSK pulp prices from February

27 Jan 2015 − In the fourth week of January, a pulp manufacturer gave his European customers notification of price cuts for NBSK pulp. He said that this move was attributable to the continued weakening of the Euro against the US...» more