GLG News by Paper Packaging Experts in GLG Member Programs (US)

Just two years ago Tembec announced the permanent closing of their 1000mt/day NBSK mill at Smooth Rock Fall,Ontario because they had been unable to find a buyer anywhere. Now they’ve announced the indefinite closure of their 325,000st/year coated freesheet mill in St. Francisville, LA. They had purchased...

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...

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...

•The remaining plastics assets at Owens-Illinois have been high profit businesses. •The company is looking to extract a premium – the successful buyer must insure that they acquire and retain all of the key assets and have a strategy to grow a plastic packaging business from the expensive...

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...

This can become a win/win opportunity if we use our knowledge and creativity instead of a conflict between farmers and consumers. Increased income in the agricultural industry will lead to more research into energy production as well as protein production of milk, meat and eggs. Everyone needs to...

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'...