The article reports on the announcement by several paper chemical suppliers of price increases and/or surcharges, amid higher energy, freight and raw material costs in 2006. Nalco says it has increased paper sizing chemical prices by 20% and silicone-based products by 10% in the Americas and Europe, effective on January 1, 2006. Akzo Nobel's Eka Chemicals says it will also increase certain paper chemical prices in Europe.
Focuses on the European paper chemicals industry which experienced some consolidation in 1997 as a result of a drop in the demand for paper and pulp in 1995 and 1996. Trend in the market as reported by the Confederation of European Paper Industries; Countries which experienced the strongest increase in paper production in Europe; Sales growth in Eka Chemicals and Degussa. INSET: Legislators push for environmental improvements.
The article discusses a project by the Eka Chemicals subsidiary of coatings company AkzoNobel to build a pulp and paper chemicals facility in Imperatriz, Brazil.
The article presents updates on the paper chemical sector. Akzo Nobel's Eka Chemicals opened a new facility at Guangzhou, China last November that will serve the Chinese paper industry. Hercules acquired the 40% remaining interest in Shanghai Hercules Chemicals Co., a paper chemicals joint venture, last year from its partner Shanghai Chlor-Alkali Chemical for an undisclosed sum.
*CORPORATE growth, *PAPER chemicals industry, *INTERNATIONAL business enterprises
Abstract
The article reports that Akzo Nobel NV's pulp and paper chemicals business, Eka Chemicals AB, has opened a new site in Guangzhou, Guangdong province, south-eastern China. The facility represents the latest milestone in Akzo's growth strategy for the rapidly expanding Chinese paper industry. Goteberg, Sweden-based Eka Chemicals is a global leader in bleaching technology and paper chemistry.
The article reports that Akzo Nobel’s pulp and paper chemicals business Eka Chemicals AB has invested about $67 million in a deal with a Brazilian papermaker. The company has signed a 15-year agreement to supply, store and handle chemicals for a novel eucalyptus-based pulp mill being constructed in Tres Lagoas by Votorantim Celulose e Papel SA.
Published
2007
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