The most popular European and American paper marke

2022-07-24
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In the second quarter, the European and American paper market was weak as a whole. Recently, some large European and American paper companies released their financial statements for the second quarter of 2009. According to the financial report, the overall demand of the European and American paper market is still weak. At the same time, comparing the operating conditions of the two companies in the United States and Europe, it is found that the European paper market is facing greater pressure than the American market

the profit of International Paper Company decreased by 40% year-on-year.

the operating profit of packaging business increased and the operating profit of printing paper business decreased by 15%

according to the statistics of international paper, the net profit of the company in the second quarter of 2009 was US $136million, a year-on-year decrease of 40%, which was also lower than the profit level of US $257million in the first quarter of 2009. The net sales in the second quarter was US $5.8 billion, which was the same as the sales in the second quarter of 2008 and slightly higher than the US $5.6 billion in the first quarter of 2009. The operating profit was US $788million, significantly higher than the US $393million in the second quarter of 2008 and the US $779million in the first quarter of 2009

as of june30,2009, International Paper Co., Ltd. held a total of US $4.2 billion in cash and current assets. At the same time, the company also generated US $1.3 billion in free cash flow, which reflects the effectiveness of the company's continuous efforts in reducing capital expenditure and management costs. In addition, the company also received US $482million of pre tax preferential funds due to the use of alternative biofuels

in all businesses of the company, the packaging business showed a year-on-year growth trend. Among them, the operating profit of industrial packaging business rose to US $255million, an increase of US $67million over the first quarter of 2009. The increase was due to the increase in sales volume of this part of the business, the reduction in input costs, the strengthening of production capacity and the gains from the acquisition of the cardboard, packaging and recycling (CBPR) Department of Huihao by international paper company, which offset the negative impact of the price reduction. The operating profit of consumer packaging business was US $38million, higher than US $22million in the first quarter. The increase was mainly due to the increase of annual overhaul costs partially offset

however, the operating profit of the company's printing paper business was US $86million, down about 15% from the first quarter. The decrease in profits was due to the increase in annual overhaul costs and the negative impact of price pressures in the global paper and pulp market. Operating profit from the forest products business totaled $3million, an increase of $1million over the first quarter of 2009. Corporate expenses in the second quarter of 2009 totaled $44million, a decrease of $7million from the first quarter of 2009, but an increase of $23million from the second quarter of 2008

johnfarach, President and CEO of the company, said that observing the current global economic situation, there was no signal of continuous improvement in the North American market, and the market demand remained above the low level of filling efficiency and bag breaking rate of the production line directly affected by the suitability of the thermal adhesion of packaging materials. While the paper market in Latin America has made great progress, China's packaging market demand has also grown steadily

MeadWestvaco, an American paper products and packaging supplier, recently announced that its profit in the second quarter of 2009 was US $125million (72 cents per share), up sharply from US $56million (33 cents per share) in the second quarter of 2008, with a year-on-year increase of 123%. In this regard, the company said that although its net sales in the second quarter were US $1.43 billion, a year-on-year decrease of US $280million, its profits still rose

according to the statistical results released by the company, in the course of research and exploration of new materials, new processes, new technologies and new structures, the profits of most businesses of the company have increased. Among them, the profits of consumer and office supplies business and special chemical supplies business increased by 15% and 36% respectively year-on-year; However, the operating profit of packaging business was US $49million, a year-on-year decrease of about 9.3%; The sales volume was US $614million, a year-on-year decrease of US $60million. The company said that lower sales volume, increased fixed production costs and adverse exchange rate changes had a negative impact on profitability

John Luke, the president and CEO of the company, said that they realized value-added mainly through targeted selection of major participating markets, strengthening the business model of permanently reducing costs, and continuously improving the operating and production capacity. Benefiting from the zigzag experiment using alternative energy that came into effect in 2007, which is mainly used to test the performance of materials under zigzag load, the U.S. enterprise can obtain tax incentives. The company realized a after tax profit of $123million, or 65 cents per share

European Stora Enso and M-real paper companies also recently announced their pre tax loss results for the second quarter of 2009. The two paper giants also warned that the economic recession would continue to weaken the demand for paper and paperboard

according to the second quarter report of Stora Enso, the operating profit of the company was 4.9 million euros, a sharp decline from the profit of 9.4 million dollars in the second quarter of 2008. The pre tax loss was 370million euros, while the company made a profit of 30million euros in the same period last year

the pretax loss of Fenlin paper was 9.7 million euros and the sales volume was 585million euros. Fenlin Paper Co., Ltd. said that the pulp price has rebounded in the past four months, but the demand for special paper is still lower than the normal level

both companies said that due to the adverse situation in the financial market, they would take measures to reduce production capacity

Stora Enso also predicts that the paper market demand will continue to weaken in the third quarter of 2009. However, the CEO of the company said that the company's low cost level would offset the price pressure of some paper products to increase the price of most of its polymer stabilizers

he also said that the market environment is still very challenging for his company. They haven't seen any signs of market recovery in the short term. Although the market shrinkage rate is slowing down, the market demand for paper, magazine paper and high-grade paper in the third quarter is still weak

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