IP announces Jan. 1 US$20/tonne pulp price increases, with plans to raise southern bleached hardwood kraft in global markets and southern bleached softwood kraft in North America
December 30, 2013
– International Paper Co. (IP) on Dec. 23 announced its plans to raise pulp prices US$20/tonne on Jan. 1, according to an informed source.
It is increasing its southern bleached hardwood kraft (SBHK) globally while its southern bleached softwood kraft (SBSK) price plan is for North America. (Note: the acronyms in the original posting were inaccurate and are now correct as shown.)
IP did not specify the new prices in its announcement.
Other major North American producers of these grades, Resolute Forest Products Inc. and Domtar Corp., have also announced Jan. 1 price hikes for North America. They said their new prices would be $870/tonne for SBHK and $970/tonne for SBSK.
Neither Resolute nor Domtar named the amounts of their changes for SBHK pulp pricing in January. Resolute did not name the amount of its SBSK increase, but its new price is up $20/tonne from its previously announced prices, while Domtar said its SBSK price is up $20/tonne.
Some major northern bleached hardwood kraft (NBHK) and bleached eucalyptus kraft pulp (BEKP) producers also have announced global and/or regional Jan. 1 price increases.
IP sells more than one million tonnes/year of pulp, according to the company website.
This includes fluff pulp, northern bleached softwood kraft (NBSK), SBSK, NBHK, SBHK, BEKP, and bleached chemi-thermomechanical pulp (BCTMP).
IP’s SBSK and SBHK are produced in Riegelwood, North Carolina, in Eastover, South Carolina, and in Saillat, France.
Its other pulps are produced in mills located overseas: BEKP at mills in Mogi Guacu, Brazil, and Luiz Antionio, Brazil; NBSK and NBHK in Kwidzyn, Poland, and BCTMP in Svetogorsk, Russia.