Rebuild of Palm Paper’s PM 7 to reshape newsprint and RCCM markets

The conversion of Palm Paper’s PM 7 at the King’s Lynn mill in the UK from newsprint to containerboard production, which was announced in mid-July, marks a noticeable turning point for the European newsprint market. At the same time, the recycled containerboard market will gain substantial new capacity in very lightweight grammages, a move the company believes will leave it strategically well placed. However, this new capacity also coincides with the start-up of Eren Paper’s expansion at Shotton, tipping the UK decisively into becoming a net exporter of corrugated case material....