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Published in issue 43/2020
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UPM has concluded statutory employee negotiations on the closure of the Kaipola publication paper mill in Finland. According to UPM, operations at the mill will be permanently closed by mid-December, affecting a total of 448...
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Published in issue 37/2020
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Schönfelder group has completed the acquisition of insolvent German recycled paper producer Kübler & Niethammer Papierfabrik Kriebstein AG (K&N Paper). The district court of Chemnitz ruled on 4 September 2020 to release the...
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Published in issue 32/2020
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The German market for fine paper is characterised by weak demand and falling prices. Following a slight rebound, the market has now slipped into a pronounced summer slump. Prices for magazine paper also declined in July amidst...
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Published in issue 27/2020
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The planned takeover of insolvent German recycled paper producer Kübler & Niethammer Papierfabrik Kriebstein AG (K&N Paper) by the Schönfelder Group is progressing. The companies continue to work intensely on finding a...
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Published in issue 16/2020
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UPM is reducing its paper production in response to the current decline in demand in the printing and writing paper market. The company told EUWID that it had taken preparations to reduce production at its mills at short notice...
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Published in issue 16/2020
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On 1 April the Chemnitz District Court in Germany opened insolvency proceedings on German paper producer Kübler & Niethammer Papierfabrik Kriebstein (K&N Paper). The company confirmed that the process of recruiting an investor...
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Published in issue 5/2020
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Germany’s recycled paper manufacturer Kübler & Niethammer Papierfabrik Kriebstein AG (K&N Paper) is facing financial difficulties once again. The company filed for insolvency for the second time in two years. The local court in...
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Published in issue 4/2020
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US-based Verso Corporation could soon be producing more packaging paper at its Duluth mill than it had previously announced. In a regulatory filing about its corporate strategy, the company said it was planning to manufacture up...
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Published in issue 44/2019
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Succumbing to the price pressure felt for all corrugated case material grades, price quotes for brown and white kraftliner slid further in October. Demand in Germany, which is traditionally high in the fourth quarter, is currently...
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Published in issue 30/2019
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Negotiations to hash out publication paper prices for the third quarter or entire second half of 2019 have been put to bed in the UK and yielded comparatively strong price reductions for newsprint and SC paper. Producers had to...
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