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Paper Prices Continue to Rise in China Due to Higher Cost of Raw Materials


Paper Prices Continue to Rise in China Due to Higher Cost of Raw Materials
Paper prices have taken a sharp rise in China recently, with some companies upping prices five times in a month. The soaring price has become a most searched topic on China’s Internet.
Major printing paper companies and traders issued a number of notices of price adjustments in May after the price of printing paper increased by approximately $31.34 per ton. The increase for white cardboard was even higher.
Nine Dragons Paper, a leader in the packaging paper industry, raised prices five times in May. The price adjustments became more frequent in the second half of the month, with increases on May 17, 19, and 24. More than 40 paper companies in Hebei, Henan, and Shandong provinces followed suit immediately. ....

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Valmet to deliver key pulp technology to Nine Dragons in China


Valmet to deliver key pulp technology to Nine Dragons in China
HELSINKI, March 9, 2021 /PRNewswire/ Valmet has received several pulp technology orders from Nine Dragons to its pulp mills in China. The deliveries include fiberlines and core components for recovery boilers and lime kilns. The deliveries will be done in phases and the start-ups are scheduled for 2022 and 2023.
The value of the order will not be disclosed. However, a project of this size and scope is typically valued at around EUR 100 million. The order was included in Valmet s orders received of the fourth quarter 2020.
We at Nine Dragons are developing our production portfolio and building pulp mills to support our new and existing paper machines with high quality raw material. We chose Valmet based on our good previous experiences and the capability to meet our requirements, says ....

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