Cascades inaugurated its newest and most modern containerboard packaging plant, a US$76 million investment in state-of-the-art equipment. Located in Piscataway, New Jersey, the new plant is 450,000 sq. ft. With 170 employees, the facility has an annual production capacity of 2.4 billion square feet. The operation will allow Cascades to…
In the first quarter of 2019, the prices for packaging timber dropped significantly in Germany. This is shown by the HPE index of the Federal Association of Wood Packaging, Pallets, Export Packaging eV (HPE). The index values for wood-based materials fell much more sharply than those for solid wood. Solid wood for…
Economic growth in the euro area will be weak this year. After 0.2% in the first quarter of 2019, it will only reach 0.3% in the following quarters. This is stated by the three institutes Ifo from Munich, KOF from Zurich and the Istat from Rome. Industrial production will stagnate in the…
