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The carrier is expanding its MGA partnerships and has invested in its marine team. [ABSTRACT FROM AUTHOR]

The financing by Lecta - a leading European manufacturer and distributor of paper - of a refuse-derived fuel (RDF) boiler on its Condat paper mill in France wins the IJGlobal ESG Award 2023 for energy from waste (EfW) in Europe. By enhancing its environmental performance through this CSR boiler project, Lecta can strengthen its market position and build a competitive advantage in the paper manufacturing industry. The boiler project is based on circular economy, as it will collect from local sources the waste with high biogenic content that will be used as fuel. [Extracted from the article]

A research paper published by Japan Exchange Group (JPX) has shown that the new Japanese risk-free rate derivatives, known as TONA futures, allow traders to hedge interest rate hikes more precisely. The paper suggests that uncollateralized overnight call transactions used to formulate the Tokyo Overnight Average Rate (TONA) are a better instrument for traders to position themselves for possible rate changes. The Osaka Exchange (OSE), a subsidiary of JPX, launched its three-month TONA future in May last year, competing with the Tokyo Financial Exchange (TFX). The paper also discusses the increased daily volume of the underlying transactions that make up the rate. [Extracted from the article]

Demand is sufficient to meet deal deluge, but executions are slow and esoteric trades may struggle [ABSTRACT FROM AUTHOR]

The carrier is expanding its MGA partnerships and has invested in its marine team. [ABSTRACT FROM AUTHOR]

Eletrobras and pulp and paper manufacturer Suzano have signed a memorandum of understanding to develop green hydrogen and synthetic fuels initiatives in Brazil. [ABSTRACT FROM AUTHOR]

The agreement will cover onshore windfarms, primarily in Sweden. [ABSTRACT FROM AUTHOR]

Paper markets may be changing but the minerals used within them are still being used in the same way. Ian Wilson takes a look at precipitated calcium carbonate (PCC) and discusses producer developments in 2019. [ABSTRACT FROM AUTHOR]

Sebastián Mardones Silva has been appointed as the executive director for investment banking at BTG Pactual Chile, with a focus on project finance transactions in Latin America. Mardones has been with BTG Chile for over 6 years and has experience in M&A, ECM, and DCM transactions in the energy, transport, and telecommunication sectors. Prior to joining BTG, he worked as a management analyst at Chilean pulp and paper firm Cmpc. Mardones holds a degree in civil engineering from Pontificia Universidad Católica de Chile. In other news, Chile's ministry of transport and telecommunications has announced plans to tender parts of Santiago's public transport system, Red Movilidad, in the second half of 2024. The project will involve a 10-year concession period for fleet operation and 14-year contracts to modernize associated infrastructure. [Extracted from the article]

The London Metal Exchange is making moves to solve an issue blown up by the coronavirus pandemic, namely that its system for allocating metal bought and sold around the world is still managed through pieces of paper. [ABSTRACT FROM AUTHOR]

The London Metal Exchange has issued a discussion paper on the introduction of an electronic warranting process, a step that would remove the physical component to LME warranting after more than two decades, the exchange said on Monday June 15. [ABSTRACT FROM AUTHOR]

A research paper released by Coalition Greenwich suggests that Securities and Exchange Commission (SEC) chair Gary Gensler may become more aggressive in his reforms if President Joe Biden looks set to lose the US presidential election. The report suggests that Gensler, a divisive figure in the US financial markets, would likely be replaced if Biden loses. Conversely, Gensler may ease up on his regulatory agenda if he believes Biden will win a second term. The extent to which Gensler feels pressure to act quickly or slow his pace will depend on his assessment of his own political future. [Extracted from the article]

CNA has been part of Euclid's panel in EMEA since early 2022. [ABSTRACT FROM AUTHOR]

Paper company Verso Corp. has agreed to sell two cogeneration plants as part of a deal to offload associated paper mill assets. [ABSTRACT FROM AUTHOR]

The deal will see HIG purchase Pixelle Specialty Solutions, a specialty solutions paper producer which owns and operates 2 gas-fired cogeneration plants and 2 gas-fired combined heat and power facilities in the US. HIG Capital, an alternative investment firm, has agreed to purchase a paper producing portfolio company of Lindsay Goldberg, including the outfit's 433MW portfolio of thermal plants spread across Pennsylvania, Ohio, Maine and Wisconsin. Lindsay Goldberg, a private investment firm, sold the company to HIG after mandating Credit Suisse on a sale process, with Houlihan Lokey also acting as financial adviser to the firm. [Extracted from the article]

Investors keen, but worried spread rally may not last [ABSTRACT FROM AUTHOR]

Stonepeak portfolio companies Digital Edge (Singapore) Holdings and Peak Energy Investments have formed a partnership to pursue renewable energy projects in Asia Pacific. The collaboration aims to develop 500MW of operating capacity for data centers over a 3-year period. Peak Energy will focus on solar, wind, and storage technologies in countries where Digital Edge is expanding, including Japan, Korea, Indonesia, India, and the Philippines. The projects will support the decarbonization of up to 1GW of power and generate over 1,300 GWh per year. This partnership will help both companies achieve their business and sustainability goals in the region. [Extracted from the article]

Digitization is continuing to drive change across many sectors worldwide, fueling a steady decline in writing and printing paper with the rise of e-readers, smart phones and calls for paperless offices. Although this has caused consolidation in the paper industry among some of the largest producing regions, there are still growth opportunities for paper manufacturers and their raw materials suppliers in less mature markets and in packaging products. [ABSTRACT FROM AUTHOR]

The article explores the increasing role of minerals in papermaking with the latest advancements in technologies such as nanotechnology. It presents a brief history of papermaking which is believed to have been attempted by Ts'ai Lun of China in 105 AD. Information is also presented on the role of talc as a functional filler, as well as the development of coated paper.

◆ Investors prefer senior preferred paper ◆ Rich non-preferred still a good option for issuers despite lower demand [ABSTRACT FROM AUTHOR]

The article reports on the decision of the Patent Court in the Hague, the Netherlands that Vialli contributorily infringed the Dutch part of the SCA's European Patent 1 799 083 B1 concerning a toilet paper dispenser containing a roll of pre-cut toilet paper.

"The LME confirms that the issuance of a market-wide Discussion Paper is an option currently under active consideration", the Hong Kong Exchanges and Clearing-owned venue said in an update. The London Metal Exchange (LME) has said it is considering a paper to poll clients on whether metals from Russia should continue to be allowed in its physical market. [Extracted from the article]

The London Metal Exchange said on Thursday September 29, that issuing a market-wide discussion paper on the 'ongoing warrantability' of Russian origin metal is an option currently under "active consideration." [ABSTRACT FROM AUTHOR]

◆ Ireland's Permanent TSB Bank has 'reasonable credit story' ◆ Italian BFF offering 'could be interesting test' ◆ Rates volatility and reduced liquidity could pose challenges [ABSTRACT FROM AUTHOR]

In reality, there are three credible buyers for the ~EUR200mn-book-value Darag - Riverstone, Enstar or Premia. [ABSTRACT FROM AUTHOR]

A working paper published by the World Federation of Exchange (WFE) suggests that lower computing power negatively affects the market quality and trading costs of cryptocurrencies such as Bitcoin, Ether, and Litecoin. The research tracked the correlation between computing capacity and market quality factors on Coinbase, FTX, and Kraken between January and June 2021. The paper concludes that action should be taken to protect participants on these exchanges and ensure that market structure evolves to allow traders to make informed decisions. The WFE emphasizes the need for awareness of market quality considerations in the growing crypto trading sector. [Extracted from the article]

The article provides information on impact of lowered prices for hot-rolled coil in China on paper market including poor demand for the same in market. Topics discussed include export offer prices from Tangshan Iron and Steel; stimulation among buyers for investment; and improvement in buying interest.

China’s domestic prices for hot-rolled coil (HRC) increased for a third consecutive day on Wednesday November 29 as the paper market strengthened throughout the session. [ABSTRACT FROM AUTHOR]

The jurisdiction's proposed regulations are consistent with the Basel Committee's global standards [ABSTRACT FROM AUTHOR]

The article reports on the move of the U.S. Federal Reserve's Commercial Paper Funding Facility (CPFF) to reinvest one-third of its 90-day paper maturing between January 27 and Feb 3, 2009. The CPFF was reportedly created to serve as a liquidity backstop for U.S. commercial paper issuers. This facility started its operation on October 27, 2008.

Physical iron ore traded at much higher prices on Thursday April 19 following a surge in the paper market. [ABSTRACT FROM AUTHOR]

China’s domestic rebar prices saw sharp declines on Monday December 25 as the paper market took a nosedive during the day's trading session. [ABSTRACT FROM AUTHOR]

China's hot rolled coil prices increased on Friday April 20 after two days of increases in the paper market as well as gains in that for billet. [ABSTRACT FROM AUTHOR]

◆ Magic number of 105bp hit again ◆ 'Good outcome' after senior market flooded on Monday ◆ Signs of consolidation but RBI 'has not rattled market' [ABSTRACT FROM AUTHOR]

The article discusses the market outlook for the industrial minerals, ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC) for 2010. It notes that the transition from an acid-based process to an alkaline will make GCC and PCC as ideal alternatives to wood pulp and other pigments in the paper manufacturing process. A discussion on the implication of the emergence of China as the world's leading paper and board producer is detailed. Also tackled are the benefits of water-washed kaolin.

The article discusses the story of the financial collapse, recovery and rapid expansion of Asia Pulp & Paper (APP) in Indonesia. Topics cited include the driving factors behind APP's profitability in the PP industry, the environmental allegations it faced and their implications for creditors and investors and the extent of fund-raising activities by the Widjaja family.

A US regional bank is selling around $1.8bn ABS and CLO and will shift exposure towards MBS [ABSTRACT FROM AUTHOR]

In this round-up, the Chinese central bank releases the first white paper for its digital currency, regulators led by the Cyberspace Administration of China conduct an on-site inspection at Didi Chuxing Technology, and the takeover period of nine financial firms linked to beleaguered conglomerate Tomorrow Holding has been extended. [ABSTRACT FROM AUTHOR]

Trade body the Investment Industry Association of Canada (IIAC) has recommended the application of risk mitigants such as repo haircuts in the Canadian repurchase agreement market. Trade body weighs haircuts in Canadian repo market - paper RBC Investor & Treasury Services announced this month it is rebranding as RBC Investor Services to cater to the Canadian market. [Extracted from the article]

Seaborne iron ore prices continued to fall on Tuesday June 14 with buying interest in the seaborne market waning in response to paper market fluctuations and an uncertain demand outlook for physical cargoes due to rising Covid infection numbers in Beijing and Shanghai, sources told Fastmarkets. [ABSTRACT FROM AUTHOR]

China's spot hot rolled coil prices edged up ahead of the weekend following a sharp rise in the paper market. [ABSTRACT FROM AUTHOR]

China's spot hot rolled coil prices rose sharply on Wednesday December 7, as the paper market ascended for the third consecutive day. [ABSTRACT FROM AUTHOR]

The chair of the US Commodity Futures Trading Commission (CTFC) has expressed support for proposed carbon credit reforms by the US Treasury, stating that they are crucial for rebuilding the credibility of voluntary carbon markets (VCMs). The reforms aim to ensure credit integrity, credible credit use, and market-level integrity in VCMs. The chair praised the Biden administration's approach to developing consistent policy for VCMs and emphasized the importance of international cooperation. The CTFC plans to finalize regulatory guidance for VCM markets in the coming months. [Extracted from the article]