Remaining informed about the latest developments in the pulp and paper industry is essential for paper suppliers like us. By staying up to date with industry trends, market dynamics, and innovative advancements, we acquire valuable insights that empower us to make well-informed decisions, capitalize on emerging opportunities, and sustain our competitive advantage. Below are several noteworthy updates from recent days that highlight the industry’s current landscape:
Positive Outlook for Mativ Holdings:
Mativ Holdings, a key player in the industry, expects improved performance in the second half of 2023. Despite challenges faced in the first quarter, including customer de-stocking and operational inefficiencies, Mativ Holdings anticipates a return to normalized volume activity. Their commitment to better manufacturing performance and overcoming temporary headwinds positions them for a strong trajectory towards achieving US$100 million EBITDA quarters by the end of the year.
Modernization Plans for Dynäs Kraft Paper Mill:
Mondi, a leading paper and packaging company, has announced a modernization program for its Dynäs pulp and paper mill in Sweden. This strategic initiative aims to enhance efficiency and further improve the mill’s environmental performance. With a focus on meeting the increasing demand for sustainable paper and paper- based packaging solutions, Mondi’s upgrade of the Dynäs mill will strengthen their position in the market.
Sustainable Wrapping Solution by Billerud:
UPM, a prominent forest products company, has revised its outlook for 2023 due to ongoing challenges in delivery recovery and a significant decline in pulp prices.
Slower-than-expected volume recovery, influenced by destocking in various value chains, and the rapid fall in pulp prices have led to a revised forecast of decreased comparable EBIT for the first half of 2023. UPM remains focused on margin management during this period of adjustment.
Acquisition of Columbus Paper Company by Imperial Dade:
Imperial Dade, a leading distributor of foodservice packaging supplies and janitorial supplies, has recently acquired Columbus Paper Company, Inc. This acquisition allows Imperial Dade to expand its offerings and enhance customized services, benefiting customers of Columbus Paper Company with an even broader range of products and solutions.
Capacity Expansion by Atlas Web Technologies:
Atlas Web Technologies, known for their commitment to sustainability, is set to increase capacity at their paper mills in Meridian, MS, and Franklin, OH. These investments will result in a significant capacity boost of approximately 30% over the next two years. Atlas Web Technologies’ focus on 100% recycled paper and coated glass flexible facers aligns with the growing demand in the polyiso and gypsum building materials markets.
Keeping abreast of industry news and developments empowers Coniferous to navigate the dynamic pulp and paper landscape. By embracing new opportunities, leveraging sustainable solutions, and maintaining a keen eye on market trends, we continue to provide our clients with the highest quality paper products and exceptional service.