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Frequent news of production cuts and shutdowns has surged costs, and the outlook for paper companies in Q2 is bleak
“Due to the sharp rise in pulp board prices, our costs have increased dramatically. At the same time, it was difficult to raise prices in the finished product market, and the company suffered unprecedented losses and decided to stop production and maintenance of the No. 1 and No. 2 paper machines.” Recently, several household paper companies in Hebei issued shutdown notices.
Zhongtai Securities: Pulp price inflection point at the end of Q2 or paper companies currently focusing on good price and cost control capabilities
According to a research report released by Zhongtai Securities, the core driver of this round of pulp growth is European demand restoration+low inventories+capacity maintenance.
Integrated Waste Solutions Unit Buys Minority Stake in Chinese Integrated Supply Chain Solutions Provider
Integrated Waste Solutions Group Holdings' (HKG:0923) unit Integrated Waste Solutions Services has completed the purchase of a 13.2% stake in Chinese integrated supply chain solutions provider An Jie
Comprehensive Environmental Protection Group (00923) completed the acquisition of approximately 13.16% of Guangdong Anjie Supply Chain Management Co., Ltd.
Zhitong Finance App News, Comprehensive Environmental Protection Group (00923) issued an announcement on matters relating to the Group's proposed acquisition of sales shares of about 13.16% of the total shares of the target company Guangdong Anjie Supply Chain Management Co., Ltd. (870009). Following the agreement, all the preconditions contained in the agreement have been fulfilled, and completion occurred on January 19, 2024 in accordance with the terms of the agreement. After completion, since the Group has a significant impact on the daily management and operation of the target company, the target company will be treated as an associated company of the Group, and the Group's financial statements will use equity accounting.
A crazy price? With a production capacity of over 5 million tons this year, the paper supply peak suddenly reached |Industry Watch
Finance Association, January 11 (Reporter Luo Yichen) Expectations of a recovery in demand have repeatedly failed, forcing the market to re-examine supply-side pressure in the paper industry.
Integrated Waste Solutions Further Extends Long Stop Date of Stake Acquisition Deal
Integrated Waste Solutions Group Holdings' (HKG:0923) unit, Integrated Waste Solutions Services, further agreed to extend to Jan. 31 the longstop date for the acquisition of 13.2% of An Jie Supply Cha
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