Industry News
Industry updates and frequently asked questions
- Klabin invests BRL 40 million in on-machine direct barrier coating2021-08-25Industry News
Klabin has announced that it will invest BRL 40 million at its MonteAlegre paper mill in Paraná, Brazil, to develop and apply dispersion barrier technology that enables barrier coating to be applied directly on the plant's paperboard production line. The investment will be used to modernize the coater at the MonteAlegre unit, after which its annual capacity will rise to 60,000 tonnes. The main feature of this technology solution is dispersion barrier, which can help paperboard
- International Paper to Spin Off Global Printing Paper Business as Independent Public Company2021-08-24Industry News
International Paper (IP)'s plan to spin off and list its global paper business has made new progress: the new name of the spun-off company has been set as "Sylvamo Corporation", with its headquarters planned in Memphis, Tennessee, USA. The spin-off plan was first announced in December 2020, with plans to spin off its global printing paper business into an independent public company by the end of 2021, in order to focus on industrial packaging and absorbent cellulose fibers
- Pregis invests $14 million in new packaging paper plant in Atlanta, US2021-08-24Industry News
Pregis, a packaging paper company, will invest more than $14 million to build a new packaging paper plant in the Atlanta area to support the packaging demand brought by e-commerce growth in the southeastern region. The new packaging paper plant is located in McDonough, covers about 298,000 ft2 and will mainly produce paper-based protective packaging. Recently, as demand for packaging paper has grown, Pregis has been making frequent moves, having just announced the establishment of two in Texas
- Suzhou Packaging Plant Erupts in Flames: Blaze Rages for Over 10 Hours, Imported Corrugating Line Severely Damaged2021-08-24Industry News
In the early hours of August 23, a paper-plastic packaging plant in Xiangcheng District, Suzhou, Jiangsu Province suddenly caught fire. Video footage showed thick smoke billowing at the scene, with flames leaping high across the entire plant area. It is reported that the local fire department dispatched more than 30 fire engines to the scene and fought the blaze for over ten hours. Nearby residents said the company mainly produces paper-plastic and other highly flammable products, and that the fire was fierce and burned for a long time. The company involved is Suzhou Hengshun Paper-Plastic Co., Ltd., and information from Tianyancha shows that the company
- Zhejiang Moves to Fully Implement Green Product Certification System for Express Packaging2021-08-23Industry News
Recently, Zhejiang Province held an on-site meeting to advance green product certification for express packaging. It was noted at the meeting that Zhejiang will fully promote the implementation of the green product certification system for express packaging, with the goal of fully establishing supporting standards and an implementation and supervision system for green packaging in the express delivery industry by the end of 2023. According to an official in charge of the Zhejiang Provincial Market Supervision Administration, the province's express delivery industry has grown rapidly in recent years, with its express delivery volume and business revenue both ranking second nationwide. Statistics from the State Post Bureau show that 20
- Peak Demand Season Arrives in the Second Half: How Profitable Is the Corrugated Paper Industry?2021-08-23Industry News
This year's Mid-Autumn Festival falls on September 21, and downstream packaging plants stock up at least about two months in advance, so late July through August is precisely the peak season for Mid-Autumn orders. Since early August, the increase in corrugated paper prices has widened further — so what are profit levels in the corrugated paper industry, exactly? 1. Analysis of corrugated paper price trends. 2019-2021 corrugated paper price trend chart. From January to August, corrugated paper prices showed a "V"-shaped trend. From January to August (as of August 19), corrugated
- European and American Carton Giants See Market Values Soar as COVID-19 Transforms the Global Carton Industry2021-08-20Industry News
Generally speaking, the packaging industry never suddenly picks up its pace, but the COVID-19 pandemic has clearly brought about an incredible transformation in the carton industry, which holds an important position within the packaging sector. Over the past 18 months, city lockdowns of varying degrees have forced millions of people to shift from offline consumption to online purchasing. This outcome has also brightened the outlook for the $350 billion paper packaging industry at the core of the e-commerce economy. According to data from the consulting firm Smithers
- Digital-Intelligent Transformation of the Packaging Industry Underway as China Digital-Intelligent Packaging Expo Opens in Wuhan2021-08-20Industry News
Today, as once-in-a-century changes intertwine and overlap with the pandemic, world economic development urgently needs new momentum and new space, and making the digital-intelligent economy bigger and stronger is of great significance and far-reaching impact. All industries should keep abreast of the times, change their entrenched thinking, transform their business and management models, integrate digital intelligence with their industries, achieve digital-intelligent transformation, and contribute to the digital-intelligent upgrading of Chinese industry. On November 11-13, 2021, Chinese Coding Network will hold in Wuhan the "2021 China Coding
- Taiwan's Big Three Paper Companies Post Half-Year Results: Who Profited the Most2021-08-20Industry News
Recently, Taiwan's three paper giants — Yuen Foong Yu Paper, Long Chen Paper and Cheng Loong Paper — released their business results for the first half of the year and for July respectively. According to the reports, Yuen Foong Yu Paper remains the leader in revenue, with first-half revenue of about RMB 10.205 billion, followed by Long Chen Paper and Cheng Loong Paper with RMB 5.868 billion and RMB 5.079 billion respectively. In terms of net profit, Yuen Foong Yu, with RMB 757 million, ranked
- 1,500 Employees Work Overtime to Keep Production Rolling as Jinjia Packaging's Annual Output Value Looks Set to Reach 1 Billion Yuan!2021-08-19Industry News
The paper feeder runs at full speed, printing 18,000 sheets an hour, and a stack of paper more than a meter high is all "taken care of" in just three minutes in front of this fully automatic printing machine… On August 17, in the printing workshop of Hubei Jinjia Packaging Co., Ltd. in the industrial park northwest of the city, the reporter saw two workers placing stacks of white paper in the feeding area; once the paper feeder was started, the white paper ran through as smoothly as flowing water and turned into beautifully printed semi-finished packaging cartons. Hubei Jinjia Pack
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