The unprecedented collapse in demand for woodfree coated and uncoated paper in Europe seen in 2023 has resulted in significant excess capacity in the market. Despite more adjustments to production capacities in the second half of the year, there is still a gap of more than 3 million t between the potential capacity and the expected demand. Now in the fourth quarter, companies in the paper industry face the difficult task of adapting their machine capacities to the current and future demand trends....
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