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Paper Packaging

Lee & Man to start production at new Vietnamese paper packaging plant

Lee & Man to start production at new Vietnamese paper packaging plant
VIETNAM –
Lee & Man Paper Manufacturing Ltd has constructed a new paper manufacturing plant in Vietnam. Test runs are expected to be conducted in June 2016, with operations commencing by August.

Indian packaging converter gains new investment funds for growth

Indian packaging converter gains new investment funds for growth
INDIA –
Disposable paper cup and packaging material manufacturer Bollant Industries Ltd has received funding that will help the Indian company in its ambitious expansion plans, including the current construction of its largest plant in Sri City, Andhra Pradesh.

AR Packaging expands folding carton business into Indonesia

AR Packaging expands folding carton business into Indonesia
INDONESIA –
Swedish folding carton and flexible packaging company AR Packaging Group AB has entered the Indonesian market with the signing of a strategic partnership agreement with PT Maju Jaya Sarana Grafika, a paper packaging company based in Jakarta.

Stora Enso increases stake in Chinese subsidiary for EUR46m

Stora Enso increases stake in Chinese subsidiary for EUR46m
CHINA -
Stora Enso is increasing its stake in its Chinese subsidiary Stora Enso Inpac Packaging Co Ltd, so it will have more control over business growth strategies and operations.

Singapore retailers withdraw APP products in haze fallout

Singapore retailers withdraw APP products in haze fallout
SINGAPORE –
Three local retailers have withdrawn paper products originally from Indonesia from its shelves, as the hazy conditions that have affected Singapore over the past weeks look set to continue into November.

China Sustainable Paper Alliance to promote responsibly sourced pulp and paper

China Sustainable Paper Alliance
CHINA -
The World Wide Fund for Nature (WWF), The Chinese Forestry Industry Association and the leading producers and buyers of paper and pulp products have established The China Sustainable Paper Alliance (CSPA) to promote the development of responsible sourcing and sustainable forest operations within the forest industry in China.

China Sustainable Paper Alliance to promote responsibly sourced pulp and paper

China Sustainable Paper Alliance
CHINA -
The World Wide Fund for Nature (WWF), The Chinese Forestry Industry Association and the leading producers and buyers of paper and pulp products have established The China Sustainable Paper Alliance (CSPA) to promote the development of responsible sourcing and sustainable forest operations within the forest industry in China.

Adding value: the key to Japan’s US$46.61 billion packaging materials industry

japan on asia map
JAPAN -
Japan’s containers and packaging materials sector is on the upturn with a 2.1% increase in shipment values for the Japanese FY April 2014 to March 2015 period over the previous year. Converted at current exchange rates, shipments of packaging for last year increased to US$46.61 billion (¥ 5,607.8 billion) – a full US$95 million increase over the 2013/14 value of US$45.66 billion (¥5,494.4 billion).

Adding value: the key to Japan’s US$46.61 billion packaging materials industry

japan on asia map
JAPAN -
Japan’s containers and packaging materials sector is on the upturn with a 2.1% increase in shipment values for the Japanese FY April 2014 to March 2015 period over the previous year. Converted at current exchange rates, shipments of packaging for last year increased to US$46.61 billion (¥ 5,607.8 billion) – a full US$95 million increase over the 2013/14 value of US$45.66 billion (¥5,494.4 billion).

Nissha Printing takes over AR Metallizing for EUR120m

AR Metallizing
JAPAN/US -
Nissha Printing Co Ltd has acquired AR Metallizing from the British investment company HIG Capital for EUR 120 million.

Nissha Printing takes over AR Metallizing for EUR120m

AR Metallizing
JAPAN/US -
Nissha Printing Co Ltd has acquired AR Metallizing from the British investment company HIG Capital for EUR 120 million.

BASF combines all pigments activities into new global business unit

BASF combines all pigments activities into new global business unit
GLOBAL -
BASF intends to consolidate all of its pigments activities into a new global business unit (GBU) effective January 2016. Following that, BASF intends to carve out its pigments business and establish separate legal entities in the second half of 2016.

Xerium invests US$60m to refocus its Asian business in China

Xerium’s new press felt plant in Kunshan, China.
CHINA –
Xerium Technologies Inc has completed the US$60 million restructuring of its Chinese business, which includes the construction and revamp of two plants, new headquarters shift, and a new supply chain; enhancing its ability to locally serve customers in China, Asia, and also export certain products globally.

Iggesund adds paperboard packaging services in Asia

Iggesund's warehouse in Taiwan
TAIWAN –
Swedish paper and paperboard material and packaging manufacturer Iggesund Paperboard is enhancing its distribution service in Asia to shorten lead times and thereby provide Asian customers with better service.

China adopts new forest certification regulation

China adopts new forest certification regulation
CHINA -
The China Forest Certification Council (CFCC) has announced that the Chinese Government has passed and is enacting immediately its new national forest certification regulations, which set out the scope, framework, and requirements for all forest certifications operating in China.

Potential US import duties could adversely impact on Chinese and Indonesian paper sales

Potential US import duties could adversely impact on Chinese and Indonesian paper sales
CHINA/INDONESIA/USA –
Duties to offset subsidies could result in Chinese and Indonesian paper imports into the US costing more than twice as much, according to initial estimates by the US Department of Commerce (DoC).

SCG Paper realigns growth strategy to focus on Southeast Asian packaging markets

SCG Paper realigns growth strategy to focus on Southeast Asian packaging markets
THAILAND –
Siam Cement PLC, one of Thailand’s largest industrial conglomerates, estimates 5-10% sales growth from its paper and packaging business SCG Paper this year as higher demand from Southeast Asian markets help offset slow growth at home. It is reorganizing SCG Paper to focus more on the packaging business.

APRIL announces a halt to Indonesian deforestation

APRIL forests
INDONESIA –
APRIL (Asia Pacific Resources International) says it will no longer develop forested land or forested peatland, putting a stop to deforestation.

SCG-Rengo joint venture invests US$126m in Vietnam paper packaging plant expansion

VKPC's plant in Vietnam
VIETNAM –
Vina Kraft Paper Co Ltd (VKPC), a joint venture between Thailand’s Siam Kraft Industry Co Ltd under SCG Group and Japan’s Rengo Co Ltd, is investing an additional US$126 million (VND 2.75 trillion) to expand its packaging paper factory in Binh Duong Province, Vietnam.

Report: Market Drivers and Latest Technology Innovations behind Japan’s US$59.4 billion Packaging industry 2012-14

Zen & The Technology of Japanese Packaging Design 2012-14
JAPAN –
Valued at US$59.4 billion annually, Japan’s packaging technology sector is being challenged by the demands of a new consumer demographic landscape and the need for increasingly competitive brand product differentiation, according to the latest market report by EP Resources Pte Ltd - Zen & The Technology of Japanese Packaging Design 2012-14.