Since the outbreak of the Russia-Ukraine conflict, some Western countries have imposed severe sanctions on Russia, including freezing the assets of Russian elites and enterprises in these countries.The Russian government will freeze the assets of individuals and companies from "unfriendly countries and regions" in response to Western sanctions, According to Russian media.
 
In the packaging sector, Messe Dusseldorf has suspended its business in Russia because of the war with Ukraine. So has Elopak, a Norwegian carton company, which has suspended its activities in Russia and temporarily closed its factory in Ukraine. At the same time, Stora Enso, UPN, Finlin Paper, Mondi Group, American International paper and other paper giants have also suspended or reduced their operations in Russia.
 
The Zago family, the group owner of Pro-Gest, Italy's most important paper group, has announced the closure of six of its paper mills, amid a growing number of negative events that have overwhelmed businesses as energy costs rise.The company, Italy's biggest and most important paper producer, suspended production because of rising energy costs and high transport costs.The group mainly produces corrugated paper, napkins and so on.
 The company's explanation for the shutdown is that the normal selling price of the paper is about 680 euros per ton, but now the energy cost alone will cost about 750 euros. not only this paper mill, but also more and more paper mills have been forced to stop production. Across italy, there are about 150 paper mills that will produce more than 9.6 million tonnes in 2021 and have a turnover of 8.18 billion, but by 2022 this figure will begin to deteriorate continuously.
 
Industry sources revealed that the energy rise in december last year, italian paper mills paid 5 times the cost of natural gas, and now, the average cost has increased by 10 times, and the highest peak has increased by 15 times.
 
Please attend the 18th guangzhou international paper exhibition in 2022 and Guangzhou international paper generation plastic and pulp molding exhibition, to pay attention to the international paper industry situation. More than 30 industry experts, analysts, and senior executives of famous enterprises focus on the dynamics of the paper industry at home and abroad, analyze the paper industry situation, discuss market trends, help paper industry people seize the development opportunity, and create a new future for the paper industry.
  
From July 20th to 22nd, the 18th Guangzhou International Paper Exhibition & Guangzhou International Paper For Plastic and Pulp Molding Exhibition will be held in Hall 2, Pazhou Poly World Trade Expo, seeking new opportunities in paper industry together with colleagues in paper industry!


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