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Published in issue 6/2023
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Despite the structural and crisis-related decline in printing and writing paper deliveries, a strike at its Finnish mills from January to April and significantly increased costs, UPM achieved record sales and profits last year....
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Published in issue 5/2023
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In comments about its semi-annual market survey, FINAT, the European association representing the self-adhesive label industry, reported a sharp downswing in European consumption of self-adhesive labelstock in the fourth quarter...
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Published in issue 5/2023
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International Paper Company (IP) has entered into an agreement to sell its 50 per cent interest in Ilim SA to its joint venture (JV) partners for an equity value of $484m. The sale was subject to regulatory approvals in Russia,...
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Published in issue 3/2023
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The British Government will continue to support British businesses that have to pay high energy prices beyond 31 March 2023. Businesses in sectors with particularly high levels of energy use and trade intensity will receive a...
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Published in issue 3/2023
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Paper and cartonboard manufacturers and their customers in Poland are starting the new year with a great deal of uncertainty. There is relatively broad consensus throughout the market that at least the first three months are...
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Published in issue 51/2022
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Mayr-Melnhof (MM) is divesting its Russian assets. The company informs that it received approval from Russian authorities to sell its two Russian packaging sites to Russian real estate company Granelle. The Moscow-based company...
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Published in issue 50/2022
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The German corrugated industry association (VDW) reports receding deliveries in an interim report for 2022. Rising average sales revenues have not even come remotely close to offsetting high containerboard and energy costs, VDW...
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Published in issue 50/2022
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It is unhappy faces all around on Germany’s printing and writing paper market. Business is currently “driving with the hand brake on,” insiders report, and the outlook for next year is not exactly rosy, either. Demand for fine...
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Published in issue 49/2022
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Following a slight recovery in 2021, many printing companies in Germany now expect profits to shrink, leaving fewer companies who will still post profit growth in 2022. The annual industry-wide survey of the German association of...
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Published in issue 49/2022
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2022 has been a turbulent year for Italian packaging and tissue group Pro-Gest, characterised by high energy costs, inflation and volatile demand. From a consolidated view, however, the company’s financial results for the first...
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