Italian paper manufacturer Fedrigoni has entered into a manufacturing partnership with Mohawk that could result in Fedrigoni taking over the Cohoes, New York-based paper maker.
Consumables-Paper - Offset
The Paperworkers' Union strike at UPM mills in Finland, which began January 1, 2022, will end immediately and employees will return to work.
The divestment intent is aligned with the group’s strategy to focus on long-term growth potential for its renewable products in packaging, building solutions, and biomaterials innovations.
The supply and demand curves have crossed, and the paper mills are in charge. While labor strikes and supply chain disruptions have shifted pricing leverage to the mills, one trend not likely to reverse is the conversion of papermaking machines from printing paper grades to packaging grades.
In a recent webinar, I.T. Strategies' Marco Boer and Midland Specialty Paper & Film's Mike Ratcliff discussed the state of the paper supply chain and how to face the problem head on.
The Finnish Paperworkers’ Union issued a new strike, which shut down Finland’s ports and brought paper production and transport to a complete standstill. As an agreement is yet to be settled, industries are at further risk of severe disruptions to their supply chains.
BillerudKorsnäs entered into a merger agreement to acquire Verso Corporation for a purchase price of approximately $825 million in cash. The acquisition is part of BillerudKorsnäs' strategy to drive profitable growth in paperboard and its ambition to expand into North America.
Though improvements to the current paper supply and delivery challenges are likely in 2022, that isn’t the same as a return to pre-COVID-19 business practices. It may be nearly impossible for printers looking to enter new markets to obtain paper inventory.
Though students have grown up in a digital world, more than 60% prefer printed texts to digital texts according to a new survey.
Hunter Bliss runs a small, innovative printing business based in Shenzhen, China, called Pebble Printing Group. It specializes in radical sustainability, with an emphasis on stone paper.