In March, continental buyers of recycled containerboard made some unexpected headway in offsetting €10/tonne of the €20/tonne increase that took effect last Autumn. That increase was so small that there was virtually no attempt to ...
The gap between Kraft and Testliner prices had grown and hence a narrowing made sense. Foreign Kraft producers found the UK market increasingly attractive…which raised supply. There has been a further switch out of Kraft into the less ...
There is new recycled containerboard capacity scheduled to come on stream at the end of 2013. Blue Paper, a joint venture between VPK and Klingele Papierwerke (Germany), is in the final stages of converting a fine paper machine (from UPM ...
Tags: Recycled Price
The Western and Eastern European market is finding recycled containerboard in increasingly tight supply: The sun has been shining in much of Europe and demand is up…helping to bring the Eurozone out of a long recession. Testliner ...
The group also posted a 60% rise in underlying earnings per share (EPS) to €49.4 cents for the six months ended June 2013. Group revenue rose to €3.342bn from €2.819bn. Underlying operating profit was 35% higher at ...
Containerboard price rises are like buses…nothing for ages and then three come along in quick succession. If you're sat there scoffing at the seemingly incredulous prospect of three rounds of price rises this year, I'm afraid that ...
Tags: Recycled Containerboard, Packaging, Printing
In the corrugated giant's first half of the year statement published today (31 July), chief executive Gary McGann said the growth was the result of improved pricing, continued cost take-out and enhanced efficiency programmes. Revenue for ...
The main story in the UK corrugated industry remains that of material prices, although another seismic bit of industry restructuring may well be afoot (I may be able to say more next month). In the meantime, a gradual dilution in happiness ...
Spanish paper and packaging company Saica has announced the opening of its £300m PM11 recycled paper mill in Partington near Manchester, UK. The mill, which is part of a £0.5bn investment by the company in the UK, is expected ...
Tags: Saica, Recycled Paper Mill
The UK market was at its seasonal low in February, although one should avoid any undue gloom…demand was entirely in line with expectations. Indeed, it may surprise you to note that January was actually up some 8% up on the same month ...
Tags: Raj Bhardwaj, Recycled Containerboard Prices, Head of Steam
Whilst UK GDP growth stalled in the last quarter of 2012, we have a record high in the number of jobs and ultra-low interest rates…hence we're not witnessing the huge job losses and brutal levels of home repossessions that the ...
OCCG has operations in northern Mexico and the southern United States. OCCG employs 2,800 people (2,000 of whom are employed in Mexico), and is expected to generate $53m of earnings before interest, taxes, depreciation, and amortization ...
Tags: OCCG, acquire, packaging, recycled containerboard mill
The packaging group reported a 74% jump in operating profits to €354m in the first-half of the year, driven by a strong performance from its Europe and international division. In its corrugated division, Mondi said that underlying ...
Tags: profits, mill, packaging, packaging group