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The global paper industry is suffering due to a fall in prices. This has been caused by overcapacity, which is a result of over-investment during the 80's. The fluctuations in the currency markets have also damaged certain companies in the industry, particularly the depreciation of the US dollar and the devaluation of the Swedish krona. Many are trying to reduce costs which included reductions in environmental capital spending. This may not be sufficient to enable them to compete with low cost Asian producers, however.

Tokyo, March 27 (Jiji Press)--Hokuetsu Paper Mills Ltd. will acquire Kishu Paper Co. on Oct. 1, the two companies said Friday. Hokuetsu, which ranks sixth in the Japanese market, and [...]

Tokyo, Nov. 17 (Jiji Press)--Daio Paper Corp. said Monday that it will raise its monthly production capacity of copier paper products made 100 pct of recycled paper pulp to 8,000 [...]

Tokyo, Feb. 2 (Jiji Press)--Japan's Oji Paper Co. said Tuesday it will cut its domestic production capacity for printing paper by some 10 pct, or 290,000 tons annually. In March, [...]

Tokyo, Feb. 16 (Jiji Press)--Nippon Paper Group Inc. said Monday it has signed an agreement to acquire PaperlinX Ltd.'s Australian Paper unit for over 36 billion yen. The Japanese company's [...]

(From Jiji) Tokyo, Dec. 1 (Jiji Press)--Nippon Paper Group Inc. , Japan's second largest paper maker, and Hokuetsu Paper Mills Ltd. , the fifth largest, announced Friday that they have [...]

Tokyo, July 23 (Jiji Press)--Daio Paper Corp. said Friday that it will build a plant for paper diapers for babies in Thailand, aiming to launch operations in 2011. Investment will [...]

Yuen Foong Yu Paper Manufacturing Co., a major paper producer of Taiwan, said yesterday it is ready to supply more paper utensils, as the government stepped up its environmental regulations. [...]

Tokyo, Dec. 2 (Jiji Press)--Mitsubishi Paper Mills Ltd. and Hokuetsu Kishu Paper Co. said Wednesday that they will withdraw from a tree-planting project in Adelaide, southern Australia, as it is [...]

ADILABAD: Tension prevailed in front of the Sirpur Paper Mills (SPM) at Kagaznagar on Monday evening as police resorted to caning to disperse agitating workers who physically prevented paper being [...]

NALGONDA: Paper bundles and equipment worth lakhs of rupees were reduced to ashes in a major fire at a paper mill at Chimiryala village in Kodad mandal on Saturday night. [...]

Coimbatore: Paper manufacturers should maximise automation in their units to have competitive advantage, S.R. Rabinder, vice-president of Indian Agro and Recycled Paper Mills Association, said here on Friday. Inaugurating a [...]

COIMBATORE: Indian Agro and Recycled Paper Mills' Association has appealed to the Government to ensure adequate availability of bagasse to paper mills to be used as raw material. According to [...]

Tokyo, Feb. 5 (Jiji Press)--Five major Japanese paper makers suffered falls in group recurring profit in April-December due to a substantial fall in paper demand for advertisement. The five companies [...]

FORESTRY & PAPER Stora Enso, Europe's largest paper company, will lay off 5,000 workers and book a [euro]670m ($881m) impairment charge as the Nordic paper industry steels itself for another [...]

TORONTO -- Weyerhaeuser, the US forest products group, has agreed to merge its fine-paper business withMontreal-based Domtar, underscoring the North American paper industry's struggle against the impact of the internet [...]

BANGALORE: The Karnataka Paper Merchants and Stationers' Association (KPMSA) has appealed to the Paper Manufacturers' Association not to increase paper prices frequently. Addressing presspersons here on Monday, KPMSA secretary N.K. [...]

forestry & paper Finnish company's sale to ease liquidity M-real's rating put at negative outlook Sappi, the world's biggest producer of glossy paper, yesterday sidestepped the mayhem in global capital [...]

from THE JAKARTA POST -- THURSDAY, DECEMBER 23, 2010 -- PAGE 4 Activists have asked the government to monitor the use of raw materials for paper following a laboratory finding [...]

COIMBATORE: The Indian Agro and Recycled Paper Mills' Association has organised a three-day exhibition, Paperplus, at the CODISSIA Trade Fair Complex here. According to P.G. Mukundan, secretary general of the [...]

COIMBATORE: Economic and industrial development in the country and growth in the education sector are providing immense scope for the country's paper industry. Anil Kumar, Senior Vice-President of the Indian [...]

from THE JAKARTA POST -- TUESDAY, NOVEMBER 09, 2010 -- PAGE 14 JAKARTA: The Korean Trade Commission (KTC) has finally lifted anti- dumping import duties on paper products from Indonesia, [...]

RAJAHMUNDRY: Two workers died and two others were hospitalised when they tried to clean a storage tank in a paper mill near Rajanagaram, some 20 km from here. According to [...]

Lee & Man Paper Manufacturing (2314) is planning to boost annual production capacity by more than 50 percent within two years to meet growing domestic demand. The country's second largest [...]

Kochi: The 19th annual general meeting of Sree Sakthi Paper Mills, held here on Thursday, has come out with expansion plans. The meeting began with an introductory speech by company [...]

VIRUDHUNAGAR: A team of officials, led by the Collector, V.K. Shanmugam, on Thursday inspected a private paper mill at Sukkirawarpatti near Sivakasi, following a High Court direction. Pollution A section [...]

KOLLAM: Amidst thundering applause from a huge crowd, the siren of Punalur Paper Mills Limited (PPML) was heard by the people after a gap of 23 years at 6.50 p.m. [...]

KORAPUT: Chief Minister Naveen Patnaik formally launched the ambitious Rs. 1,500-crore expansion programme of JK Paper Mills Ltd at Rayagada on Wednesday. With this, the production capacity of the company [...]

KOCHI: The net profit of the Kochi-based Sree Sakthi Paper Mills went up by 42.67 per cent to touch Rs.146.58 lakh in the quarter ended June 30, 2010 against Rs. [...]

Tokyo, July 30 (Jiji Press)--Oji Paper Co. on Friday reported consolidated earnings growth for April-June, thanks mainly to cost cuts. Net profit for the first quarter of fiscal 2010 gained [...]

Profits at Samson Paper (0731) surged 2.25 times to HK$63 million in the last financial year thanks to a full year's contribution from its paper manufacturing business following the 2008 [...]

Greenpeace has accused Walmart, Tesco, Carrefour and other international companies of buying products from an Indonesian pulp and paper producer that it claims is destroying rainforests in violation of promises [...]

The controlling shareholder of Lee & Man Paper (2314) is selling a 12 percent stake to Nippon Paper Group for HK$3.55 billion. Chairman Patrick Lee Wan-keung and his family will [...]

Tokyo, June 22 (Jiji Press)--Japan's Nippon Paper Group Inc. said Tuesday that it has agreed to buy a 12 pct stake in Lee & Man Paper Manufacturing Ltd., the second [...]

Not LOOKING too good ON PAPER But this late-comer has had the opportunity to learn from the mistakes of others The performance of pulp and paper group Sappi within the [...]

COIMBATORE: The Tamil Nadu Master Printers' Federation has appealed to the Union Government to withdraw the import duty on papers and boards, according to the president of the federation, C.D. [...]

CHENNAI: Sandwiched between kraft paper mills and large consumers, the corrugated packaging industry is at dismal state of affairs again. Industry's major raw material, kraft paper, has been recently subjected [...]

ADILABAD: The Sirpur Paper Mills (SPM) Employees Sangh, headed by former Union Minister A. Narendra, was elected the recognised union in the factory at Kagaznagar following an election on Saturday. [...]

As creditors worldwide begin to close in on Asia Pulp and Paper Company, the debt-ridden forest products leader in non-Japan Asia, another group of predators is circling. Global paper industry [...]

Tokyo, May 26 (Jiji Press)--Oji Paper Co. and Japan Post Service Co. have jointly developed postcard paper with a recycle ratio of some 55 pct, Jiji Press learned Tuesday. Oji [...]

SHIMOGA: A Finland-based company has shown interest in modernisation of the Mysore Paper Mills (MPM) a Government of Karnataka undertaking at Bhadravati, 17 km from here. Two rounds of discussions [...]

FORESTRY & PAPER News analysis Over-capacity and weak prices take their toll, writes Robert Anderson When Stora Enso, Europe's biggest paper company, sold one of its mothballed Finnish mills to [...]

Tokyo, March 2 (Jiji Press)--Rengo Co. , Japan's top cardboard maker, said Monday that it has dissolved its two-year business partnership with Nippon Paper Group Inc. , the second-biggest paper [...]

(From Jiji) Tokyo, Oct. 27 (Jiji Press)--Daio Paper Corp. said Friday it has acquired shares in Hokuetsu Paper Mills Ltd. , as part of a move apparently designed to better [...]

(From Jiji) Tokyo, Sept. 19 (Jiji Press)--Oji Paper Co. said Tuesday it will invest 50 billion yen to install new paper production lines at its plant in Anan, in western [...]

(From Jiji) Tokyo, Sept. 12 (Jiji Press)--Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. said Tuesday they have signed a memorandum of agreement on a strategic alliance that the [...]

(From Jiji) Tokyo, Sept. 12 (Jiji Press)--Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. said Tuesday they will discuss forming a strategic alliance, aiming to conclude the talks by [...]

(From Jiji) Tokyo, Sept. 12 (Jiji Press)--Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. are expected to sign a basic tie-up agreement within this week, Hokuetsu President Masaaki Miwa [...]

(From Jiji) Tokyo, Sept. 5 (Jiji Press)--Japanese paper maker Oji Paper Co. said Tuesday its tender offer for smaller rival Hokuetsu Paper Mills Ltd. has ended in a failure. Oji [...]

(From Jiji) Tokyo, Aug. 28 (Jiji Press)--Hokuetsu Paper Mills Ltd. is considering forming a tie-up with South Korea's Kyesung Paper Co. group, a senior Hokuetsu official said Monday. Hokuetsu is [...]