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RBC takes positive view on IP's agreement to acquire DS Smith, targeting US$514M of pre-tax annual synergies; IP would become largest containerboard producer in North America post-acquisition and world's third largest if Smurfit-WestRock deal is completed
Published: April 19, 2024 by RBC Capital Markets LLC
Poland's paper and board markets see early positive signs, as prices have risen or stabilized in many segments during Q1; EC funding, increased minimum wage, child benefits help to boost consumer spending, which may offset weak market performance in 2023
Published: April 19, 2024 by Industry Intelligence Inc.
At Palm paper mill in Aalen, Germany, PM5's Valmet OptiWin Pro winder wins title of world's fastest winder; PM5 started up in 2021and is world's widest high-capacity containerboard line with an annual capacity of 750,000 tons, design speed of 2,000 m/min
Published: April 19, 2024 by Valmet Corp.
Norske Skog Q1 loss widens to NOK -382M from NOK -148M a year ago, while EBITDA drops to NOK76M from NOK675M; publication paper demand stabilizing, but more capacity closures are needed, while containerboard demand picking up but still has excess capacity
Published: April 19, 2024 by Norske Skogindustrier ASA (Norske Skog)
Saica to invest €101.5M to decarbonize recycled paper process at El Burgo de Ebro mill in Zaragoza, Spain; projects--which include new biomass energy plant, biogas boiler--aim to reduce 53% of Scope 1 CO2 emissions, will also generate 440 jobs
Published: April 17, 2024 by CE Noticias Financieras

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