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Published in issue 11/2022
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International Paper (IP) is reacting to Russia’s invasion of Ukraine. The US company is thinking about possible measures to be taken concerning the Ilim Group in Russia, in which it has a 50 per cent joint venture interest."We are...
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Published in issue 10/2022
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Facing inadequate supplies of critical raw materials, Sylvamo may curtail or temporarily shut down pulp and paper production at its Svetogorsk, Russia, mill later this week. The mill is currently operating while the company takes...
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Published in issue 9/2022
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Stora Enso is considering to rebuild the idle woodfree coated paper machine (PM 6) at its Oulu mill in Finland to produce folding boxboard (FBB), coated unbleached kraft (CUK) and liner grades. The company said that it was...
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Stora Enso wants to respond to strong consumer demand to replace plastic in packaging and considers a new conversion project in Oulu. 750,000 tpy of new board capacities could be added to the market. Stora Enso is considering to...
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Restricted supply and energy cost explosion put enormous upward pressure on publication paper and fine paper prices. January has seen a massive upsurge in prices for most of the publication and fine paper grades in Europe. Against...
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Published in issue 51/2021
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Swedish board and packaging paper producer Billerud Korsnäs has announced its acquisition of US publication and fine paper producer Verso Corporation for a purchase price totalling around $825m. Following completion of the...
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Published in issue 47/2021
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Portuguese pulp and paper producer The Navigator Company (TNC) registered a strong business performance in the first three quarters of 2021. Sales rose by 7 per cent to €1.12bn, and the operating result grew by 57 per cent to...
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Published in issue 42/2021
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VPK Group announced that it would carry out the rebuild of the existing fine paper machine at the Double A Alizay mill in France in the second half of next year. The company ordered with Valmet the conversion of the existing line...
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Published in issue 41/2021
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Stora Enso has closed paper production at the Veitsiluoto and Kvarnsveden mills according to plan. All five paper machines ceased production by the end of Q3.In Kvarnsveden, production on the PM 10 was definitely stopped on 29...
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Published in issue 36/2021
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Finnish company Stora Enso has now concluded all negotiations with trade unions on the forthcoming closure of pulp and paper production at its Kvarnsveden mill in Sweden. The mill is to be permanently closed down from 30 September...
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