Kruger Announces Newsprint Price Increases
Please note that our Standard 45g Newsprint price will increase by $20/MT for shipments on or after January 1st, 2021, and will increase by an additional $20/MT for shipments on or after February 1st, 2021. Prices for all other basis weights and uncoated mechanical publishing grades will be adjusted accordingly.
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Euro-Graph Reports June 2022 Statistics of the European Graphic Papers Industry
Total European shipments of graphic papers in June 2022 were down 16.4% vs. 2021 and are down 10.2% year-to-date. Total European shipments of newsprint in June 2022 were down 10.7% vs. 2021 and are down 6.9% year-to-date. Total European shipments of sc-magazine in June 2022 were down 20.2% vs. 2021 and are down 11.2% year-to-date. Total European shipments of coated mechanical reels in June 2022 were down 28.1% vs. 2021 and are down 21.0% year-to-date. Total European shipments of uncoated mechanical (improved & others) in June 2022 were down 22.2% vs. 2021 and are down 12.3% year-to-date. Total European shipments of coated woodfree in June 2022 were down 8.8% vs. 2021 and are UP 0.6% year-to-date. Total European shipments of uncoated woodfree in June 2022 were down 14.8% vs. 2021 and are down 11.8% year-to-date.
Sofidel Selects Its Inola, OK Facility for $775 Million Tissue Capacity Expansion in the U.S.
Sofidel has finalized the details of the tissue capacity expansion plan announced last October to further strengthen the company's production capacity in the United States.
The expansion will take place at the company's integrated facility in Inola, Oklahoma.
The plan includes the construction of a new building to house the previously announced 75,000 tonnes per year Valmet Through-Air-Drying (TAD) tissue machine, along with the installation of converting lines with matching capacity for the production of finished goods.
The project also includes the expansion of the pulp and parent reel warehouse, and the construction of a fully automated finished goods warehouse — developed using E80 technology — with 100,000 pallet positions. The new buildings will cover a total area of approximately 1,000,000 square feet (90,000 square meters).
The total investment amounts to $775 million.