Pulp and paper industry

Corrugated Board Market To Be Valued At $149.7 Billion By 2028, Increased Adoption Of Eco-friendly Packaging Solutions To Drive Growth AT 6.5% CAGR | Grand View Research, Inc.

Retrieved on: 
Monday, June 21, 2021

Increasing penetration of the e-commerce industry in emerging economies with a rising trend of m-commerce is expected to fuel the market growth.

Key Points: 
  • Increasing penetration of the e-commerce industry in emerging economies with a rising trend of m-commerce is expected to fuel the market growth.
  • Boxes made up of corrugated boards provide cost-effective and sustainable transportation of the goods, which drives their demand in the packaging industry.
  • Therefore, increasing paperboard demand with rising production capacity would favor the growth of the market growth in the region.
  • Grand View Research has segmented the global corrugated board market based on flute type, board style, and region:
    Corrugated Board Flute Type Outlook (Volume, Million Tons; Revenue, USD Million, 2017 - 2028)

Corrugated Board Market To Be Valued At $149.7 Billion By 2028, Increased Adoption Of Eco-friendly Packaging Solutions To Drive Growth AT 6.5% CAGR | Grand View Research, Inc.

Retrieved on: 
Monday, June 21, 2021

Increasing penetration of the e-commerce industry in emerging economies with a rising trend of m-commerce is expected to fuel the market growth.

Key Points: 
  • Increasing penetration of the e-commerce industry in emerging economies with a rising trend of m-commerce is expected to fuel the market growth.
  • Boxes made up of corrugated boards provide cost-effective and sustainable transportation of the goods, which drives their demand in the packaging industry.
  • Therefore, increasing paperboard demand with rising production capacity would favor the growth of the market growth in the region.
  • Grand View Research has segmented the global corrugated board market based on flute type, board style, and region:
    Corrugated Board Flute Type Outlook (Volume, Million Tons; Revenue, USD Million, 2017 - 2028)

Fastmarkets successfully completes IOSCO assurance review for its NBSK CIF China price

Retrieved on: 
Friday, June 18, 2021

LONDON, June 18, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announcethe successful completion of an external assurance review of its NBSK CIF China assessment.

Key Points: 
  • LONDON, June 18, 2021 /PRNewswire/ --Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announcethe successful completion of an external assurance review of its NBSK CIF China assessment.
  • This milestoneconfirmsits alignment to the standards defined by the International Organization of Securities Commission (IOSCO) within the Principles for Oil Price Reporting Agencies.
  • "Fastmarketsis delighted toaddthe NBSK CIF China assessment to the list of our prices thathave successfully completed an assurance review,"said Fastmarkets CEO Raju Daswani.
  • Fastmarkets is the industry-leading Price Reporting Agency (PRA) for global commodities, providing price data, news, analytics, and events for the metals and mining, forest products, and agriculture markets.

Stora Enso completes co-determination negotiations at Veitsiluoto site

Retrieved on: 
Thursday, June 17, 2021

HELSINKI, Finland, June 17, 2021 /PRNewswire/ --Stora Enso has completed the co-determination negotiations concerning closing down the pulp and paper production at its Veitsiluoto site in Finland.

Key Points: 
  • HELSINKI, Finland, June 17, 2021 /PRNewswire/ --Stora Enso has completed the co-determination negotiations concerning closing down the pulp and paper production at its Veitsiluoto site in Finland.
  • In April 2021, Stora Enso announced a plan to permanently close down pulp and paper production at its Kvarnsveden and Veitsiluoto sites due to the declining paper market.
  • Stora Enso has initiated a project to find future options for the Veitsiluoto site.
  • Stora Enso continues to produce woodfree uncoated (WFU) office papers at the Nymlla site in Sweden.

Canfor Corporation and Canfor Pulp Products Inc. Announces Appointment of Sandra Stuart to their Board of Directors

Retrieved on: 
Tuesday, June 15, 2021

VANCOUVER, BC, June 15, 2021 /CNW/ - Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) are pleased to announce the appointment of the companies' newest board member, Sandra Stuart.

Key Points: 
  • VANCOUVER, BC, June 15, 2021 /CNW/ - Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) are pleased to announce the appointment of the companies' newest board member, Sandra Stuart.
  • "We welcome Sandra to both Canfor and Canfor Pulp's boards and are excited about the knowledge and diverse background Sandra will bring to our teams," said Don Kayne, CEO of Canfor Corporation and Canfor Pulp.
  • About Canfor Pulp Products Inc.
    Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization.
  • Canfor Pulp is the largest North American and one of the largest global producers of market northern softwood kraft pulp.

Canfor Corporation and Canfor Pulp Products Inc. Announces Appointment of Sandra Stuart to their Board of Directors

Retrieved on: 
Tuesday, June 15, 2021

VANCOUVER, BC, June 15, 2021 /CNW/ -Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) are pleased to announce the appointment of the companies' newest board member, Sandra Stuart.

Key Points: 
  • VANCOUVER, BC, June 15, 2021 /CNW/ -Canfor Corporation (TSX: CFP) and Canfor Pulp Products Inc. (TSX: CFX) are pleased to announce the appointment of the companies' newest board member, Sandra Stuart.
  • "We welcome Sandra to both Canfor and Canfor Pulp's boards and are excited about the knowledge and diverse background Sandra will bring to our teams," said Don Kayne, CEO of Canfor Corporation and Canfor Pulp.
  • About Canfor Pulp Products Inc.
    Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization.
  • Canfor Pulp is the largest North American and one of the largest global producers of market northern softwood kraft pulp.

Red Leaf Pulp Selects Regina as Location for $350 Million Wheat Straw Pulp Mill

Retrieved on: 
Tuesday, June 1, 2021

The initial plant will have the capacity to produce approximately 182,000 tonnes of market pulp annually from waste wheat straw collected and aggregated from local producers.

Key Points: 
  • The initial plant will have the capacity to produce approximately 182,000 tonnes of market pulp annually from waste wheat straw collected and aggregated from local producers.
  • "Red Leaf is delighted to be locating in Regina and we look forward to working with the community, local businesses and the region's growers.
  • "I am very pleased Red Leaf has chosen to locate Canada's first non-wood pulp mill in Regina.
  • About Red Leaf Pulp Ltd.
    Red Leaf Pulp is developing the first non-wood pulp mill in Canada, producing a unique unbleached product demanded by the USD$350 Billion paper and packaging market.

NOREXECO launches China softwood and hardwood pulp futures based on Fastmarkets prices

Retrieved on: 
Tuesday, June 1, 2021

LONDON, June 1, 2021 /PRNewswire/ --NOREXECO ASA, the international pulp and paper exchange, launched two cash-settled China pulp futures contracts on June 1 based on Fastmarkets' prices to meet growing demand for hedging in the international pulp market.

Key Points: 
  • LONDON, June 1, 2021 /PRNewswire/ --NOREXECO ASA, the international pulp and paper exchange, launched two cash-settled China pulp futures contracts on June 1 based on Fastmarkets' prices to meet growing demand for hedging in the international pulp market.
  • The contracts, one for softwood pulp and one for hardwood pulp, are settled against the monthly averages of Fastmarkets RISI's NBSK CIF China assessment and Fastmarkets FOEX' PIX China BHKP Net index.
  • NOREXECO already lists contracts for hardwood and softwood pulp delivered to Europe, as well as for recycled paper.
  • "The two new contracts enable anyone with exposure to pulp delivered to China to hedge out unwanted risk," said Stein O. Larsen, chief executive officer at NOREXECO.

Global trade of wood chips increased by almost 50% from 2009 to 2020, driven by substantial demand for hardwood fiber by Chinese pulpmills

Retrieved on: 
Wednesday, May 19, 2021

Subsequently, trade declined for two consecutive years to reach just over 30 million tons in 2020.

Key Points: 
  • Subsequently, trade declined for two consecutive years to reach just over 30 million tons in 2020.
  • Significant investments in new pulp capacity in China combined with a lack of domestic wood fiber have been driving practically all of the global increase in wood chip trade during the past decade.
  • From 2012 to 2017, the HYF share of total imports dramatically increased from 11% to 47% of the total import volume.
  • The publication tracks prices for sawlog, pulpwood, lumber & pelletsand reports on trade and wood market developments in most key regions worldwide.

Domtar Expanding to Become a Leading Airlaid Nonwovens Provider

Retrieved on: 
Monday, May 17, 2021

The project will play an integral role in helping the company grow its position as a leading global absorbent materials and technology business offering fluff pulp and airlaid nonwoven materials.\nThis press release features multimedia.

Key Points: 
  • The project will play an integral role in helping the company grow its position as a leading global absorbent materials and technology business offering fluff pulp and airlaid nonwoven materials.\nThis press release features multimedia.
  • This expansion project will add a large scale Dan-Web airlaid production line to the facility.
  • The machine will be fully operational in 2022, enhancing Domtar\'s ability to supply both domestic and global customers with unique absorbent materials solutions.\nDomtar is a leading provider of a wide variety of fiber-based products including communication, specialty and packaging papers, market pulp and airlaid nonwovens.
  • Domtar\xe2\x80\x99s annual sales are approximately $3.7 billion, and its common stock is traded on the New York and Toronto Stock Exchanges.