Burgo Group S.p.A., one of the main European producers of graphical and special papers, announces the start of the reconversion plan of Line 2 of the Avezzano (AQ) paper mill, from graphical paper to container board, with a view to making the mill a true national centre of excellence for cardboard production. The operation is part of the Group's diversification strategy which foresees entry into the cardboard market, ranging from publishing and towards packaging, from printing paper to paper for corrugators. In particular, the operation foresees a revamping of the paper machine (PM2), changing the machine head and a new pulp preparation, as well as works on the building where the machine is located. click Read More below for additional detail
Irving Paper received notification from the U.S. Department of Commerce (DOC) of a preliminary determination of 7.99% duty on exports of SC paper to the United States. At this time we are awaiting receipt of the DOC’s report which details the reasons for this duty calculation. We are disappointed in the decision made by DOC. Although this is a significant improvement from the current rate of more than 18.85% we had expected our rate to be significantly lower than 7.99%. We will need to review Commerce’s written decision to understand the basis of the decision.
This preliminary determination does not immediately change the current rate of 18.85% which Irving Paper is paying on shipments into the U.S.
Between February and April of 2017 the U.S. Department of Commerce will issue the final rate.