Market Share of Europe and MENA Pulp Industry
The Europe and MENA pulp market is partially consolidated, with the top five players having a significant position in the market and is expected to rise at a moderate rate, due to the well-performing industries starting from printing, consumer packaging, pharmaceutical, and construction, etc.
- In March 2020, Stora Enso launched a sustainable premium cardboard packaging box for pellets. With this new packaging, Stora Enso plays a pioneering role in the pellets industry and places sustainability, innovation, and customer orientation at the center of its developments.
- In August 2019, UPM made an investment decision to construct a 2.1 million ton greenfield eucalyptus pulp mill near Paso de Los Toros in central Uruguay. The highly competitive mill investment of USD 2.7 billion will grow UPM's current pulp capacity by more than 50%, resulting in a step-change in the scale of UPM's pulp business as well as in UPM's future earnings. Additionally, UPM will invest USD 350 million in port operations in Montevideo and local facilities in Paso de Los Toros. The mill is scheduled to start-up in the second half of 2022.
Europe and MENA Pulp Market Leaders
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Atrak Pulp and Paper Industries
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Middle East Paper Company (MEPCO)
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Stora Enso
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UPM
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SCA
*Disclaimer: Major Players sorted in no particular order
