Industry News
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Analysts say: the U.S. cardboard industry has a serious inventory overhang, and the situation is likely to worsen until 2023
Jefferies analyst Philip Ng downgraded International Paper (IP.US) and Packaging Corporation of America (PKG.US) from “hold” to “reduce” and lowered their price targets to $31 and $112, respectively, WisdomTree has learned. (PKG.US) from “Hold” to “Reduce...Read more -
Rising costs, German toilet paper producers start producing from coffee grounds!
Due to a sharp rise in costs, Germany’s leading toilet paper producer Harkler began to produce with coffee grounds as raw material to ease the difficult situation. Dihui Paper Cup Fan The European food industry produces a large amount of coffee grounds every year, and Hackler has found a wa...Read more -
The European paper industry in the energy crisis
Rising raw material and energy prices have left parts of the European paper industry vulnerable, exacerbating recent mill closures and potentially having a profound impact on related industries. Yibin jumbo rolls Gazprom’s reduced gas supplies have led to problems replenishing gas reserves ...Read more -
The Port of Hamburg warns the German government not to block COSCO Shipping’s investment!
Political resistance from Berlin, Germany is causing anxiety for the Port of Hamburg, according to German foreign media. The German port of Hamburg said it would be a “disaster” if the German government prevented COSCO Shipping from becoming a co-owner of the port’s container te...Read more -
European Paper Association and other petition to the EU: more mills to stop production in the future
On September 6, local time, the Confederation of European Paper Industries (CEPI) and other industry associations, such as the European Fertilizer Association, the Glass Association, the Cement Association, the Mining Association, the Chemical Industry Council, the Iron and Steel Association, a t...Read more -
New Zealand is also short of toilet paper, the only local toilet paper factory has not allowed workers to work
Recently, the “paper shortage tide” once again spread in the European Union, by the impact of the Russian-Ukrainian conflict, the EU energy prices soared, some paper enterprises had to stop production, even Germany such as the EU countries have issued a “paper shortage” wa...Read more -
Spiraling energy prices in Europe, production line shutdowns may lead to tissue shortage in Finland
Finnish paper company Finnlin Household Paper says soaring energy prices in Europe have led it to curtail production of paper products in recent weeks. Papercupfans According to the Finnish Broadcasting Corporation on 26, Finlin Household Paper warned that further production line shutdowns could ...Read more -
German paper industry association: Germany may face a shortage of toilet paper
BERLIN (Sputnik) – The crisis in the gas market could cause a sharp drop in the production of toilet paper in Germany, said Martin Krengel, chairman of the German Paper Industry Association. paper cup raw material On the occasion of World Toilet Paper Day on August 26, Krengel said: “...Read more -
Liners start operating as freight rates fall and demand drops
The summer is coming to an end and traditionally this would have been the peak season for trans-Pacific services, which would have meant the start of active container ship transactions. However, there are a series of conflicting signals and different interpretations in the market, but there is a ...Read more -
After the first major port strike shutdown, the second major port may join, European supply chain to “stop”!
One wave has not subsided yet, European ports are in a wave of strikes. The last time negotiations broke down, the UK’s first major port of Felixstowe announced an eight-day strike on August 21 (this Sunday). This week, Liverpool, the UK’s second largest container port, may also join ...Read more -
Mondi sells Russian Syktyvkar paper mill for €1.5 billion
On August 15, Mondi plc announced that it has transferred two subsidiary entities (together, ” Syktyvkar “) to Augment Investments Limited for a consideration of 95 billion rubles (approximately €1.5 billion at current exchange rates), payable in cash on completion. Paper Cup Fan 6oz ...Read more -
The heat wave strikes, the power cuts swept again, and the Chinese shipbuilding industry encounters force majeure
In the height of summer 2022, a super heat wave swept the world. As of August, 71 national weather stations in the country have recorded maximum temperatures that have exceeded historical extremes, with some areas in the south experiencing maximum temperatures between 40 degrees Celsius and 42 de...Read more