China Pulp & Paper
Over the past few years, in addition to receiving market feedback from the Chinese branch, Ismo Nousiainen (Chinese name: Nuo Yi), CEO of Metsä Fibre, has frequently traveled from Finland to China to conduct further market research and engage with customers.
The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed creation of a joint venture between UPM-Kymmene Corporation ('UPM') and Sappi Limited ('Sappi'). The Commission is concerned that the transaction may reduce competition in certain markets for the production and supply of communication paper and specialty paper in the European Economic Area ('EEA') and result in higher prices, less choice or reduced quality.
BRUSSELS, April 28 (Reuters) - A proposed paper joint venture between Finnish forestry group UPM-Kymmene (UPM.HE) and South African-listed wood fibre producer Sappi (SAPJ.J) may reduce competition and lead to price hikes, EU antitrust regulators warned on Tuesday as they opened an investigation into the deal.
Against the backdrop of overcapacity in the paper industry—where per-ton profit margins for most paper grades have long remained at low levels—new pulp production capacity in China continues to come online. This seemingly contradictory expansion behavior is underpinned by a clear industrial logic: it is not merely a simple expansion of scale, but rather a strategic transformation by industry leaders, shifting from a pure "paper-making" model to one of "pulp-paper integration."
Sappi Europe has announced an additional price increase of EUR 65 per ton for its Packaging & Speciality products, effective April 15. This is in addition to the company's recent price increase for Packaging & Speciality products of EUR 50-70 per ton (depending on the grade) that takes effect on deliveries as of April 1.
Wuzhou Special Paper (Jiangxi) Co. Ltd., a Chinese paper producer, has selected international technology group ANDRITZ as the main supplier of key technologies and equipment for a new greenfield pulp mill in Hukou County, Jiujiang City, Jiangxi Province, China.
Xuan Mai Paper has started up its second deinking pulp (DIP) line supplied by international technology group ANDRITZ at its mill in Ho Chi Minh City, strengthening its capacity for high-quality recycled tissue production.
On March 6, 2026, Anhui Linping Circular Development successfully started up its new OptiConcept M board making line PM 8. As the first complete board production line supplied by Valmet to Anhui Linping, the investment advances its capacity expansion and sustainability goals and supports the circular economy ambitions by enabling the use of recycled fiber in high-quality board grades.
Koro Viet Nam Tissue Paper Joint Stock Company has awarded international technology group ANDRITZ a contract to supply two tissue production lines for its mill in Thanh Hoa Province, Vietnam, supporting the company’s entry into the tissue market.
The material solutions company UPM has entered into a collaboration with international technology group ANDRITZ to recycle its paper machine clothing.
Valmet will supply three IntelliTissue 1600 tissue machines to Yusen Group for its mills located in Tai’an, Liaoning Province, and Chongxin, Gansu Province, China. The new order represents the fourth consecutive contract awarded by Yusen to Valmet and further consolidates a collaboration that has already resulted in nine successful IntelliTissue machine start-ups at Yusen’s Liaoning and Gansu sites.
Indah Kiat Pulp & Paper TBK, a member of Asia Pulp & Paper (APP), has successfully started up its new OCC (Old Corrugated Containers) line and reject treatment system supplied by international technology group ANDRITZ at its Karawang mill in Jawa Barat, Indonesia.
Dong Tien-Long An Paper JSC has successfully started up a recycled fiber line at its board production mill in Tay Ninh Province, Vietnam.
This new OCC (old corrugated containers) line, the third supplied by international technology group ANDRITZ, is designed to process 330 t/d of mixed OCC for the production of high-quality testliner serving both domestic and export markets.
On January 19th, Minfeng Special Paper (600235.SH), known as the "first listed company in specialty paper," released its earnings forecast, stating that it expects to achieve a net profit attributable to the parent company of approximately 15.7 million yuan in 2025, a year-on-year decrease of 78%; and a net profit attributable to the parent company excluding non-recurring items of approximately 6 million yuan, a year-on-year decrease of 92%.
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