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Paper: SCGP to invest in new production base in northern Vietnam
SCGP is pursuing an expansion plan to establish a new production complex in northern Vietnam and establish a packaging paper production base within the complex with a total investment of over 11,793 million baht. Commercial start-up is planned for early 2024 to...
DS Smith sells De Hoop paper mill in the Netherlands
DS Smith is to sell its De Hoop paper mill in the Netherlands to De Jong Packaging for €50m in cash. The deal is expected to take place in the second quarter of fiscal 2022. As part of the deal, DS Smith will continue to purchase and supply the mill with a certain...
Pulp production: ANDRITZ successfully launches ‘STAR’ project in Bracell, Brazil
ANDRITZ has successfully started key production for the first of two environmentally friendly hardwood pulp production lines supplied for Bracell's "STAR" project in Lençóis Paulista, São Paulo. The second line is due to be commissioned by the end of September. The...
Copper price: one-month lows as Evergrande crisis intensifies
Copper prices fell to one-month lows on Monday as traders plotted the risk of contagion from the Evergrande debt crisis, which is fuelling fresh fears about China's growth path. Benchmark copper on the London Metal Exchange touched $8,975 a tonne, the lowest since...