GLG News by Fine Paper Experts (NA)

Coated paper capacity shutdowns, in combination with the recently imposed duties on Chinese coated paper imports to USA, could help obtain price increases in coated papers and and positively impact the earnings of some North American paper companies in both the coated and uncoated sectors.

Global demand is expected to grow by at least 3.5% in the next 12 months with very little new tonnage coming on stream to meet this demand. China's total fiber demand is expected to grow to 81-90 million mt by 2010.  This year they expect to import 7.5mmt of virgin pulp. Tissue machines are being...

Any discussion on the restriction of Free Trade is important in this Global economy. The more the USA imposes tariffs restrictions the more the rest of the world will simply retaliate. Through sensible and considered negotiations. most trade problems can be resolved to the benefit of both counties....

For the second year in a row pulp prices have increased across the board with NBSK now at US$810/admt and going up again in June/July. Bleached Eucalyptus is the highest priced hardwood at US$715. China will is expected to purchase 7.5 million mt this year and their appetite continues to grow as new...

International Paper continues to expand its presence outside the USIP and Ilim have created a dynamic enterprise in Russia that brings together IP's considerable wealth with Ilim's 4 pulp mills and extensive logging permits to harvest millions of acres of Pine, Spruce and Larch treesRussia's domestic...

China's fiber (both virgin market pulp and recycled) is growing at a faster pace than anyone could have predicted.Their major companies, Nine Dragons Paper for example, are planning enormous new paper mills of massive proportions which will require huge amounts of OCC. Their proposed Chongquing mill...

 The past decade saw 9 US & Canadian pulp mills shut down...a total of 2.5 million mt/year as being unable to operate profitably.Government and labor's significant concessions have made it viable for foreign companies to restart these mills.  These concessions were not available...

1. IP makes major move to increase Fluff Pulp production2. IP, GP and Weyerhaeuser all increase their capacities to increase the US's already dominant position if global Fluff Pulp market.3. New 1Q list price of US$790/admt makes fluff one of the highest priced market pulps which helps improve producers'...

Russia has vast untapped natural resources - woodlands plus fresh water. Ilim Pulp has four older soviet era mills in need of a large cash infusion.  Outside investors were understandably reluctant to risk up to a half billion dollars.  Ilim produces 60% of Russia's market pulp which goes...

Weyerhaeuser is #1 in Fluff Pulp sales and the US has 95% of the world's business - which is growing by 5%/year. They now can concentrate on getting Port Wentworth, GA (acquired from Smurfit-Stone) fully up to speed on Fluff Pulp.Domtar may be #1 in UCF (uncoated free sheet) but this business is...