News and Events
You will find news and events from the paper and chemical industry from across the globe. Covalent Polymers gets featured on various platforms and we also wish to bring latest updates from the industry to keep people well-informed.
Latest News
Kraft Paper Market Insights: Domestic Prices, Input Cost Analysis, and Emerging Trends by Mr. Pankaj Mishra
The article is written by Mr. Pankaj Mishra, Head of Sales & Marketing of Vamshadhara Paper Mills Ltd (Sennars), specializes in kraft paper (both lower and higher GSM) and newsprint paper for diverse applications like packaging, printing, and publishing.
The Indian Kraft Paper Market has been facing challenges in FY 2024. The primary issues include an oversupply due to high production capacity and low consumption. Additionally, the availability of domestic raw materials has been inconsistent, and the fluctuating prices of Kraft paper have added to the difficulties. As a result, nearly all paper mills are struggling to sustain operations…
Wood prices, pulp prices, and a depreciating INR have exerted substantial upward pressure on paper prices; paper mills increase prices amid these challenges
The Indian Rupee (INR) has experienced notable depreciation, leading to a considerable rise in the cost of all imported raw materials. The depreciation of the INR has also impacted the wood/woodchips import program, posing challenges for integrated players as they struggle to manage raw material supply issues.
Bilt Graphic Paper Products Limited (BGPPL) informed all channel partners and dealers in its circular dated January 20, 2025, that with the New Year, there has been a rise in pulp prices in China…
ITC-Paper Division Profit Drops and a Surge in Wood Prices by The Pulp and Paper Times
ITC’s Paperboards and Specialty Papers Division (ITC-PSPD) has disclosed its financial results for the third quarter of FY24-25, revealing a 3.1% year-on-year increase in revenue, totaling INR 2,144 crore. Competitive pressures from low-priced Chinese supplies in global markets, sluggish domestic demand, and rising wood costs are creating a challenging environment for the paper sector, ITC said in its media release.
Despite these hurdles, the company exhibited resilience, with segment revenue increasing by 3.1% year-on-year, driven by strong export growth…
JK Paper, TNPL, and West Coast Paper’s Q3 FY25 revenue Drops by The Pulp and Paper Times
India’s paper industry faced a challenging quarter (Q3FY25) amid rising raw material costs, increased imports, and declining market prices. Leading players, including JK Paper Ltd., Tamil Nadu Newsprint and Papers Ltd. (TNPL), and West Coast Paper Mills Ltd., reported mixed financial performances, with profits under pressure due to higher wood costs and lower realizations. espite these challenges, companies continue to focus on operational efficiencies, sustainability initiatives, and strategic growth measures to navigate the evolving market landscape…
Paper and paperboard imports hit 1.76 million tonnes in nine months of FY24-25, worrying domestic manufacturers
Indian Paper Manufacturers Association (IPMA) has raised concern over the imports of paper and paperboard, which surged to an all-time high, reaching 1.76 million tonnes during the April-December 2024-25 period, registering a 20 per cent rise in volume terms.
Quoting latest data released by the Commerce Department, IPMA said these imports are valued at Rs. 11,196 crore ($1.3 billion), marking the first time that paper and paperboard imports have crossed Rs. 10,000 crore within a nine-month period…
