RISI VIEWPOINT: Evolution or revolution for the Italian containerboard market?
By Gleb Sinavskis, Economist, European Paper Packaging, RISI
Containerboard demand growth in Europe accelerated last year, and with prices being high and paper availability low, many companies across Europe moved forward with announcements about upcoming capacity additions in the next five years. This is something that often happens in the commodity markets at the top of the business cycle—and we all know what comes afterward. It is worth mentioning that this is a stark contrast with the developments we saw in Europe less than a decade ago.
Italy has attracted most of the attention. There are at least six projects targeting capacity ...