Orient Paper announced that it will temporarily suspend all of its production lines due to mandated restriction/suspension of natural gas supply for all natural gas consumption industries, including the paper manufacturing industry in order to secure adequate natural gas to households uses in urban and rural areas in Hebei Province.
WestRock Co agreed to buy smaller rival KapStone Paper and Packaging Corp for about $3.5 billion as it looks to make the most of strong demand for packaging products in a growing U.S. economy and a booming ecommerce market.
