6 INDUSTRY NEWS


Pulp Paper & Logistics


Downgrade for global paper and forest industry from Moody’s


  


T


  North American paper packaging producers over the next 12-18  


from North American paper packaging companies will be  have already realized most of the paperboard price increases announced in late 2012 and     


he fortunes of the global paper and forest products industry have been downgraded in


growth for North American paper    and forest product companies that it rates globally to increase by two to four per cent over the next 12  


performance of North American companies typically drives its global outlook as these companies account for almost three-quarters of the global rated industry’s  with 13 per cent from European producers and 14 per cent   to four per cent for the North   to four per cent for European producers over the next year, as


Spain’s Mirolan acquired by Saica


   corrugated board market with    based at Alcobendas near   is said to reinforce the Saica’s aim to develop the niche for high-quality design and printed packaging in the high-added-      Italy, Portugal, United Kingdom


March 2014


and Ireland employing around   


Ramón Alejandro, president of Saica, commented: “High  is becoming a basic ally to our  their products to their end-  on furthering our engagement towards our customers and the  us to complete our range of products in the Iberian market, not only by means of its state-  but also through its knowledge, 


      and wood product companies, fuelled by higher demand from   paper machine closures will result in a modest increase in uncoated freesheet prices in 2014, which  paper decline as tablets and   in paper demand in Europe, which is more oversupplied than North America, will result in  European producers over the next  also cause European uncoated


freesheet prices to fall, while recent coated freesheet capacity closures will lead to modestly  Packaging volume should grow as  “This packaging volume growth      American issuers will be slightly  capacity and local currency   ramp up of several new eucalyptus pulp mills will temporarily oversupply the market and put    


Valmet: ‘operating environment in 2013 was challenging’


  division that was demerged      million.  Laine said that the company’s focus was on improving 


of change: a new, independent Valmet was created as a result    2013 was challenging due to the  and changes on the bioenergy   Our services business remained stable and it will play an 


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