Consumables-Paper - Offset
The American Forest & Paper Association (AF&PA) has released its October 2022 Printing-Writing Paper Monthly report, detailing total printing-writing paper shipments, purchases, and inventory levels.
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.