For the 12-month period, Producer Price Index (PPI) increased by 1.6% y-o-y, the highest level since September 2023.
印刷&书写纸
Drewsen Spezialpapiere to invest Euro 4.5 million for expansion of warehouse capacity. Construction is due to commence in autumn 2024.
Elliott Baxter has acquired 100% of the shares. The acquisition will generate combined group turnover in Ireland of circa Euro 50 million.
UPM's businesses and the Paper Workers’ Union have been negotiating for the last two years of the contract period. The business environment has changed significantly since the agreements were signed in 2022, said UPM.
The change negotiations cover approximately 820 persons in UPM Pulp Finland's operations, approximately 340 persons in UPM Timber sawmills and approximately 1,100 persons in UPM Communication Papers Finnish mills.
Iberpapel reported a profit of Euro 47.13 million in 2023, growth of 197.58% from 2022. That figure includes the gain on the sale of forest assets in Uruguay in 2023 of Euro 20.98 million.
Mondi broadens product offering with a special focus on printing, envelope and other converting papers.
For the Q4 2023, Canfor Corporation reported an operating loss of $191.3 million, compared to an operating loss of $65.1 million for the Q3 2023.
Imports of wood increased by 5% compared to the monthly average for the year 2022. The most important source of imported wood in December 2023 was Estonia (42%).
The American Forest & Paper Association (AF&PA) introduced Sonoco President and CEO Howard Coker as AF&PA’s Board Chair.
Antalis has acquired Tecnoprimaf, specialised in the manufacturing and distribution of wooden packaging and anti-corrosion solutions for industrial business customers.
The annual capacity of the rebuilt PM 11 can be increased from 400,000 to 520,000 tons.
In January, the unemployment rate was 3.7% for the third month in a row, and the number of unemployed people was little changed at 6.1 million.
Q4 2023 net earnings (loss) were $(284) million ($(0.82) per diluted share).
FY 2023 net sales were SEK 22 795 million ($2.2 billion), compared to SEK 23 952 million ($2.3 billion) in 2022.
Lars Lundin, presently head of the Holmen Paper business area, will manage Holmen Board & Paper’s operations. Johan Nellbeck, who is presently head of the Holmen Iggesund Paperboard business area, will leave Holmen once when the business combination has been fulfilled.
This decision affects approximately 75 employees.
Delivery will take place this year, which means that commissioning of the machine is planned for January 2024.
Two Sides North America announced that Kathi Rowzie will retire as its president effective February 1.
Total printing-writing paper inventory levels increased 3% when compared to November 2023.