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USA introduces trade tariffs for imported uncoated paper

USA introduces trade tariffs for imported uncoated paper

The USA has now introduced tariffs of up to 193% on imported uncoated papers from China, Indonesia, Brazil, Australia and Portugal.Of the nations mentioned above, Brazil ...

Verso sees sales double but share price still falls

Verso sees sales double but share price still falls

Verso Corporation, which recently merged with NewPage, has announced that its paper sales have more than doubled since last year, following the acquisition of NewPage.The...

China implements tax breaks for paper manufacturers that meet environmental responsibilities

China implements tax breaks for paper manufacturers that meet environmental responsibilities

China has announced that in an effort to reduce pollution, the government will provide VAT breaks whenever papers are make with at least 70% recycled material.The regulat...

India's paper manufacturers struggle against imports

India's paper manufacturers struggle against imports

Indian manufacturer's including the recently purchased Andhra Paper, are having difficulty growing their business due to increasing imports from neighbouring southeast As...

Clearwater Paper sells five specialty paper mills

Clearwater Paper sells five specialty paper mills

Clearwater Paper has sold five of its specialty paper mills to Dunn Paper. The mills, which will not be closed or downsized at present, produce papers that are shipped to...

Finch Paper announces $20 million investment into its manufacturing facility

Finch Paper announces $20 million investment into its manufacturing facility

Finch has announced joint public and private funding into its business of up to $20 million.  This money will be used to ensure its facility remains modern and competitiv...

Verso to divest two mills to facilitate NewPage merger

Verso to divest two mills to facilitate NewPage merger

Verso will sell two mills in Maine and Wisconsin, USA, in order to satisfy the government that the merger with NewPage will not be anti-competitive. The mills are expecte...

Burgo to receive €300 million in additional funding

Burgo to receive €300 million in additional funding

Burgo, the Italian fine paper manufacturer, is to receive a total of €300 million in new funding from a number of banks. The money is aimed at improving Burgo's financial...

Indian mills suffer from low sales, large inventories

Indian mills suffer from low sales, large inventories

Large Indian paper mills are seeing significant build-ups of inventory as their products suffer from competition with imports in the printing and writing segment, slow sa...

India still receives 40-50% of its coated papers from China and Indonesia

India still receives 40-50% of its coated papers from China and Indonesia

JK Paper's V. Kumaraswamy believes that India currently imports 40-50% of its coated paper requirement from China and India, despite expansion in this area by some domest...

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