News & Insights
Industry updates and frequently asked questions
- Dezhou Paper and Printing Industry Development Alliance Officially Unveiled2021-09-18Industry News
To implement the spirit of the citywide conference on united front work in the private economy and the entrepreneurs symposium, a bulk raw material procurement alliance was formed to ease the pressure on enterprises in production and operations. On September 16, the founding conference of the Dezhou Paper and Printing Industry Development Alliance was convened. Xin Zhicai, vice chairman of the Municipal CPPCC and chain chief of the city's paper and printing industry chain, attended the event and unveiled the alliance. At the founding conference, the Municipal Bureau of Industry and Information Technology dispatched a Chief Government Service Officer (CGO) to the industry alliance for the first time, exploring the "CGO + industry alliance
- Why Is the Folding Carton Packaging Market "Leading the Pack"?2021-09-17Industry News
Over the past 10 years, global folding carton packaging consumption has been rising at a rate of 3%-6% every year. Judging from demand across the international folding carton packaging industry as a whole, growth rates in those international markets with large demand are gradually slowing, but China's market growth rate is climbing rapidly. China's folding carton packaging market can be said to be "leading the pack," having become the fastest-growing market, with a growth rate reaching 15%-20%, a pace that is truly exhilarating. So what makes folding carton packaging
- Consumer Association Urges Shoppers to Choose Simply Packaged Mooncakes and Embrace Low-Carbon Consumption2021-09-17Industry News
As the Mid-Autumn Festival approaches, the mooncake consumer market is gradually heating up, and mooncake products with elaborate packaging are pouring onto the market. The Qinghai Provincial Consumers Association recently issued an initiative, calling on consumers to actively practice a green, low-carbon consumption philosophy when choosing mooncakes and to buy more simply packaged and lightly packaged mooncakes. In recent years, under the call to practice strict economy and oppose waste, Mid-Autumn mooncakes have gradually returned to their nature as food. But reporters found in interviews that the phenomenon of excessive packaging, in which some mooncake products pursue a luxurious appearance, still exists, and
- Pandemic Continues to Spur Demand for Packaging Paper in Russia2021-09-16Industry News
According to Russian local media reports, the ongoing pandemic and ecological issues have further created conditions for Russia's paper packaging market, stimulating continuous growth in demand for packaging paper. According to data from the Russian Papermakers Association (Bumprom), Russia's industrial paper production increased significantly in 2020, with packaging paper output growing fastest, up 20% year-on-year. Among packaging papers, paper bag paper grew 36%, and bleached paperboard for corrugated packaging increased 83%. This
- Hubei Adds Two Packaging Projects: One with RMB 100 Million Investment, One with RMB 50 Million2021-09-16Industry News
On August 28, Huanggang City in Hubei Province held a centralized groundbreaking event for major projects in August. A total of 28 projects each valued at over RMB 50 million broke ground, with combined investment of RMB 5.19 billion; of these, 5 projects are in Wuxue, with total investment of RMB 830 million. Our editors found that two of the projects breaking ground this time are related to the packaging industry. ➤ Jinglong Packaging Color Printing Project: total investment of RMB 50 million, land area of 26 mu, and total floor area of 25,600 square meters. The project
- Japan's New Banknotes Officially Go to Print, Packed with Cutting-Edge Tech2021-09-15Industry News
According to Japanese media reports, Japan's new banknotes, scheduled to enter circulation in 2024, officially began printing on September 1 at the National Printing Bureau's Tokyo plant. This marks the first change to Japanese banknote designs since 2004, and the actual new 10,000-yen note was unveiled to the public for the first time that day. The new 10,000-yen note features the portrait of entrepreneur Eiichi Shibusawa, known as the father of Japanese capitalism, and is the world's first banknote to employ 3D image rotating hologram technology
- The Path to Digital Transformation in the Printing Industry2021-09-15Industry News
Song Huazhen, Technical Communication Manager at B&R Industrial Automation (China) Co., Ltd. Digital Challenges and Needs in the Printing Industry Generally speaking, printing does not exist in isolation; it also encompasses the requirements of complete production lines for post-press processes such as flexible packaging, books and periodicals, and color cartons. This involves digital design (graphics and image processing), printing and packaging equipment, and information integration. The industry as a whole encompasses digitalization across multiple dimensions as well as collaborative needs. The panorama of the printing industry is shown in Figure 1. Figure 1 Full view of the printing industry
- Corrugated and Containerboard Markets See Sporadic 50 Yuan/Tonne Discounts2021-09-15Industry News
According to Longzhong Information, on September 14 mainstream prices in the corrugated and containerboard market were largely stable, with sporadic paper mills in various regions implementing preferential policies. Affected by public health incidents, transport in the Putian, Quanzhou and Xiamen areas of Fujian was disrupted and the flow of goods was slow, and a small number of paper mills in Fujian offered a discount of 50 yuan/tonne on order prices for corrugated paper and containerboard. In addition, sporadic paper mills in East China and North China shipped goods at a discount. Upstream procurement prices for waste yellow board paper fell across the board, weakening cost-side support for paper mills. Downstream
- Pulp: Fourth Round of Overseas Softwood Price Cuts; Delayed School Opening at Home; Beware of Seasonal Demand Being Disproved in the Paper Industry2021-09-15Industry News
Delivery Game: The 2109 contract is constrained by the volume of deliverable warehouse receipts, with funds notably propping up prices during the delivery month. In the recent spot market, among the 12 delivery brands on the Shanghai Futures Exchange, most prices remained unchanged, but suppliers of several other brands cut prices by USD 20-30 per tonne. Fourth round of Canadian softwood price cuts: the price of northern bleached softwood kraft (NBSK) is USD 820-860 per tonne, and the price of Nordic NBSK is per tonne
- Cultural Paper Market Sees a "Weak Peak Season," But Paper Industry's Full-Year Results Still Worth Anticipating2021-09-15Industry News
As the back-to-school season and the Mid-Autumn Festival and National Day holidays arrive one after another, the "cultural paper peak season" that the paper industry has been looking forward to has officially begun. Although the industry has just collectively delivered very impressive half-year results, the slump in cultural paper prices that began in the second quarter, together with the downturn and the bottoming-out of prices that even joint efforts by the industry could hardly reverse for a time, have imperceptibly cast a shadow of concern over this traditional peak season, and a strong wait-and-see mood prevails in the industry. "Against the backdrop of the 'double reduction' policy and other factors, this year's peak season performance will be slightly weaker than in previous years
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