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  • 3.07 Million Recycled in Three Years as Shanghai's Milk Carton Recycling Green Campaign Goes National
    2021-09-26Industry News

    At this year's Flower Expo, the 156-meter-long "Shanghai's longest flower-viewing bench," 78 meters long on one side, became an internet sensation, drawing crowds of visitors who lined up to take photos. The bench is made from recycled milk cartons. It uses 5.027 million recycled Tetra Pak packages in all — a full 52 tonnes of milk cartons — making it the largest eco-friendly bench made from recycled milk cartons in the country. In fact, this is a microcosm of Shanghai's milk carton recycling achievements. Since 2019

  • SHFE to Push Ahead with Listing of Corrugated Base Paper and Other Futures Contracts
    2021-09-26Industry News

    On September 23, the papermaking sector of the A-share market surged across the board, setting off a wave of limit-ups. So what are the future development trends of the global paper industry? Li Wei, China general manager of Fastmarkets RISI, believes that entering 2021 and beyond, demand for paper and paperboard will grow at an accelerating pace, but given the market's decline in recent years, in reality it will only maintain low-level, steady development; developing countries are the main source of future demand growth, and packaging paper and paper

  • Nine Dragons, Shanying, Lee & Man, Liansheng Paper and Other Mills Raise Prices in Unison
    2021-09-26Industry News

    Amid the "dual control of energy consumption," the impact on the papermaking and packaging industries keeps widening. Hit by rising costs and machine shutdowns, Nine Dragons, Shanying and other paper mills have issued price increase notices one after another, and domestic recovered paper, base paper and paperboard are all rising sharply across the board! Several Nine Dragons bases announced at the same time today that base paper prices would be raised by up to 150 yuan! At Dongguan Nine Dragons, all kraft liner and corrugated medium are up 100 yuan in both RMB and HKD, including white-top kraft liner and coated kraft liner. Nine Dragons brand white board paper, Hailong brand white board paper, and Di

  • US Paper Industry and Paper Recycling Stay Resilient During the Pandemic
    2021-09-24Industry News

    Members of the American Forest & Paper Association (AF&PA) remain resilient in meeting the challenges brought on by the ongoing pandemic. They continue to work safely and diligently, creating sustainable and innovative paper products for the circular economy. "Like all sectors of the economy, papermakers are responding to the challenges of the ongoing pandemic. These include global and domestic supply chain problems, such as ocean shipping bottlenecks and limited truck availability. "Nevertheless, there have still been noteworthy

  • Is Coal-to-Gas Conversion Becoming a Trend? How Can Paper Companies Survive
    2021-09-24Industry News

    According to information released by the National Center for Biotechnology Information (NCBI) at the National Library of Medicine, coal has long been the fundamental fuel for China's economic growth and for delivering electricity to the population nationwide. The NCBI report states, "China is now the world's largest coal producer and consumer, consuming half of the world's coal output, and in 2018 20% of global coal trade was imported by China; at the same time, China is also the world's main international financing mechanism for building new coal-fired power plants

  • Spain's corrugated giant to invest $800 million over next five years in US market expansion
    2021-09-23Industry News

    Spanish paper and packaging group Saica is preparing for further growth in the US market. The company announced it will invest $800 million over the next five years to expand its operations. According to the company, the money will be used for "strategic acquisitions or new plant construction." Saica is currently building its first production base in the US, a corrugated board plant in Hamilton, Ohio, scheduled to open in early 2022. Saica US said it will initially create 64

  • 5 Batches of Mooncake Gift Boxes Suspected of Excessive Packaging
    2021-09-23Industry News

    According to a September 19 message on the official WeChat account of "Shanghai Market Regulation," the Shanghai Municipal Administration for Market Regulation conducted on-site enforcement inspections and supervisory spot checks on excessive packaging of mooncake gift boxes, and found a total of 5 batches of mooncake gift box packaging samples with unqualified void ratios, suspected of excessive packaging, involving brands such as GOVIDA, Venchi, Chua Lam, Gui Man Long and Member's Mark. The Shanghai municipal and district-level market regulation authorities mainly targeted certain popular

  • Action Plan for Plastic Pollution Control During the 14th Five-Year Plan Period Unveiled
    2021-09-23Industry News

    Single-use plastic products being used more and more? Layer upon layer of plastic on express delivery packages? Plastic waste difficult to collect? These long-standing problems will become the focus of plastic pollution control during the 14th Five-Year Plan period. Recently, the National Development and Reform Commission and the Ministry of Ecology and Environment jointly issued the Action Plan for Plastic Pollution Control During the 14th Five-Year Plan Period, stressing the need to carry out full-chain governance of plastic pollution and to build one "dam" after another to prevent plastic from leaking into the environment. Plastic, as an important base

  • CAGR of 77.5%: How Can Brands Break Through in the Price-War Cotton Soft Towel Market
    2021-09-23Industry News

    In recent years, new maternal and infant subcategories have continuously won consumer favor. For traditional categories, sensory innovation is difficult, while brands on emerging niche tracks where new technologies, new materials and new concepts are still to be developed find it easier to overtake on the bend. Among them, cotton soft towels, as a subcategory with potential, are favored by many companies. According to data from Liding Industry Research Institute, China's demand for cotton soft towels grew from 2.35 billion sheets in 2015 to 233

  • CCTV Follow-up Investigation: Corrugated Paper Priced Up 4 Times in 20 Days, Who Bears the Cost
    2021-09-23Industry News

    Since August, many paper companies have issued multiple price increase notices, announcing hikes to the ex-factory price of corrugated paper. Why have paper prices suddenly risen? What exactly is the current market situation for corrugated paper? Costs keep climbing: corrugated paper priced up 4 times in 20 days. Li Zonghui is the head of a paper company in Shandong. He told reporters that since August this year, the corrugated paper they produce has seen four consecutive price increases in less than 20 days. The ex-factory price per ton rose directly from 3680 yuan to nearly 4000 yuan. Shandong

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