Over the Wire

Company has acquired two integrated paper-based packaging businesses, Industria de Embalagens Santana and Paema Embalagens, based in Brazil, for a total consideration of approximately EUR 186 million.

 

United Steelworkers responds to the U.S. Commerce Department's determination that dumping of coated paper is likely to continue or recur if existing tariffs are revoked and as the U.S. International Trade Commission today considers whether unfairly traded uncoated paper imports are injuring American industry, a determination that could lead to duties:

 

Earlier this week PayScale published the current average salaries for different types of workers involved in the production of pulp and paper as of the beginning of this year.

 

The contest theme for fall 2015 was "Animals," with entries ranging from a life-sized bronco to a complete underwater diorama. The winning Southfield students were inspired to build the creation to honor their school mascot (alligator) and represent the students' fierce determination to succeed.

 

The 2016 event will again feature the industry’s only peer-reviewed, non-commercial program exploring the latest advances in tissue making and converting technologies worldwide.

 

According to the latest market study (December 31), the Nanocellulose Market was valued at $54.9 million in 2014 and is now anticipated to reach $699.6 million in 2023, expanding at a CAGR of 33.8% between 2015 and 2023.

 

Report says the price of wood pulp is the dominant driving force in many types of packaging and over the next three years, it will increase at an annual rate of 1.3% after three prior years of annual 5.6% growth rates.

 

Consumer shipments of converted tissue products increased 1.3% y/y in November 2015 (+1.7% 10 mo. YTD), with toilet paper volumes up 1.3% y/y, towels ahead 1.8%, and facial volumes flat y/y.

 

Housing starts and higher consumer spending will drive anticipated operating income growth for the global paper and forest products industry 1%-3% in 2016, underpinning the current stable outlook for the sector for the next 12 months, according to a Moody's Investors Service report published this past month.

 

Growing awareness of pollution is expected to drive lignin market growth in dust control applications over the next few years. High market potential for lignin as a key intermediate to manufacturing carbon fibers, phenol, BTX, and vanillin is anticipated to provide tremendous growth opportunities over the forecast period.

 

In total, the timber content in China’s primary forest products imports in 2014 was equal to about 10% of the global production of industrial roundwood. By 2025 it will account for 12%-13% of global timber harvest.