Norske Skog apoints new CEO

The dominant trends continued to shape the German market for newsprint in May. Paper consumption is declining and paper mills continue to have thin order books. The downward price spiral for newsprint continues. The relatively high paper prices and the growth prospects in the digital segment are prompting investments...

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Low capacity utilisation and price pressure have increased the woes of newsprint producers. UPM’s announcement of further capacity cuts landed in the middle of ongoing negotiations for prices in the second quarter or for April a bolt from the blue. Paper sellers hope that it will help the publication paper market to...