Euro-Graph Publishes Monthly Statistics of the European Graphic Papers Industry

Twin Rivers Paper Company LLC announced that it completed the acquisition of the paper mill located in Pine Bluff, Arkansas. Twin Rivers, headquartered in Madawaska, Maine, produces specialty packaging, label, publishing, and technical specialty papers as well as dimensional lumber. It is owned jointly by Atlas Holdings LLC and Blue Wolf Capital. The mill acquired under this agreement produces Multiwall, Converting and Bag grade unbleached kraft papers serving a variety of food, agricultural, and industrial applications. With basis weights between 40# and 78#, the mill has a capacity in excess of 140,000 US short tons. This acquisition marks Twin Rivers’ second investment in packaging and technical markets in recent years, following the purchase of the paper manufacturing assets of the Burrows Corporation in 2016. Click Read More below for additional information.

UPM has been recognised by the global environmental non-profit organisation CDP for its leadership in corporate transparency and performance on climate change and forests, securing a place on the annual 'A List'. Based on data reported through CDP's 2023 Climate Change and Forests questionnaires, UPM is one of a small number of companies to achieve a double 'A' out of more than 21,000 companies assessed. For the water questionnaire, UPM received an A-, which is also a leadership position. "In today's world, all three aspects of the CDP are very important for all of us," says Sami Lundgren, Vice President, Responsibility, UPM.

In response to the announcement by the Department of Commerce regarding preliminary anti-dumping duties on Canadian imports of Uncoated Groundwood (UGW) Paper, Printing Industries of America President and CEO Michael Makin made the following statement: “Yesterday, the Department of Commerce announced preliminary anti-dumping duties of up to 22.16 percent on Canadian imports of Uncoated Groundwood (UGW) Paper. This is compounded by preliminary countervailing duties averaging 6.5 percent on the same product announced in January. These tariffs will negatively impact paper used for newsprint, directories, book publishing, and advertising circulars, raising costs for production and, ultimately, print customers. In an industry in which it is difficult to absorb forced cost increases, the effect will likely be less production, fewer pages printed, a faster shift to digital content of news and books, and more diversion of advertising from print to electronic platforms. All of this havoc has been caused by one company in the paper industry filing a trade remedy case alleging unfair trade practices by Canada. The majority of U.S. newsprint manufacturers, the trade associations representing the industry, and U.S. customers oppose the trade petition on UGW paper. Click Read More below for additional information.