News

ADVERTISEMENT

Cascades to invest in two energy efficiency projects

22 Feb 2017 − Canadian paper and packaging group Cascades will invest CAD11.3 million in the upgrade of two biomass boilers at its Cabano plant in Témiscouata-sur-le-Lac. The investment is aimed at decreasing heavy-fuel consumption...» more

Recovered paper prices continue upward trend on the UK market in February

21 Feb 2017 − In February, prices for all recovered paper grades increased in the UK amid low collection volumes, high demand and an expected sea container shortage in March. Shipping rates are also poised to go up, but experts...» more

Papyrus takes over Procurator

20 Feb 2017 − Papyrus continues to restructure. After announcements that it was acquiring Inapa's Swiss business and selling its French operations to Inapa, the company now finalised the takeover of industrial safety products...» more

Stora Enso to shut down SC paper machine in Sweden

16 Feb 2017 − More SC paper capacities are to be taken from the European market. After UPM and Heinzel, Stora Enso has now also announced plans to cut capacities by closing a PM at Kvarnsveden with a capacity of 100,000 tpy. This...» more

ADVERTISEMENT

Sequana files for creditor protection, plans to float Antalis and divest Arjowiggins Security division

15 Feb 2017 − Antalis-IPO and the sale of Arjowiggins Security are part of Sequana's strategic plan that should secure financial means necessary to meet the company's obligations and enable it to exit creditor protection with two to...» more

CEPI countries produce 91 million t
of paper and board in 2016

15 Feb 2017 − CEPI has announced preliminary production figures for 2016. The decline in output of graphic grades in CEPI countries persists while production of packaging grades continues to rise.» more

Recycled containerboard prices are on the rise in Germany

14 Feb 2017 − Manufacturers are having no doubts about the success of their price plans for February and do not exclude further price hikes for March deliveries. » more

Sequana to appeal ruling in legal dispute with BAT

14 Feb 2017 − High Court of Justice determined that Sequana had to pay $138m in remedy to British American Tobacco but granted the company a stay of execution on the first instance order. » more