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The expansions will make the company one of the leading producers of wood pulp and virgin fiber-based paper and board in China
Chinese softwood lumber imports increased 9% in the first quarter compared to the same three months in 2022
The fourth-largest tissue maker in North America will remove around 100,000 tons/yr of tissue capacity starting July 2023
Weak pulp market driven by poor demand and oversupply continue to drive down benchmark pulp prices in the US
Price plunges for pulp grades brought down fine paper and cartonboard prices while supply curtailment and paid off for recycled containerboard
Global pulp capacity gets a further boost with the addition of the 2.1 million tonne/yr bleached eucalyptus kraft mill
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