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UPM to permanently close Hurth newsprint mill, shut down PM3 fine paper machine at Nordland Papier, both in Germany, reducing annual capacity by 330,000 tonnes of newsprint, 280,000 tonnes of uncoated fine paper; closures would affect 345 positions total

German papermaker Papierfabrik Palm will raise newsprint prices by €60-80/t, depending on the base level, effective July 1; Palm produces newsprint at its mills in Eltmann, Germany, and King's Lynn, UK, with a combined capacity of 950,000 tpy

Stora Enso postpones decision to possibly convert one PM at its Langerbrugge paper site in Belgium to containerboard production; study on market opportunity was positive, but availability of recycled containerboard in Europe currently meets market needs

Global newsprint demand resumes long-trending decline in March, falling 7.4%, with all regions down, but only Western Europe and North America suffer double-digit drops; April prices slip in all monitored markets but Asia, where price jumps US$20: EMGE

Japan's domestic paper shipments in fiscal 2023 fell below 10 million tons for first time since 1988--nearly half of 2007 peak--as demand declines; FY23 domestic shipments of paper for tissue, printing, newspapers down 9% from 2022 to 9.48 million tons

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