Le Lézard
Classified in: Environment, Science and technology
Subject: PDT

Fisher International, a ResourceWise Company, Introduces Recycled Fiber 360, a Transaction-Based Recycled Fiber Price Benchmark

The new recycled fiber price benchmark provides reliable and transparent information on price movements in recycled fiber markets in all US regions

STOCKHOLM, Oct. 6, 2022 /PRNewswire/ -- Fisher International, a ResourceWise company and global provider of data solutions for the pulp & paper supply chains, has launched Recycled Fiber 360, which brings a never-before-seen level of transparency to recycled fiber markets. Recycled Fiber 360 is unique in the industry in three ways:

This new service solves an ongoing industry-wide problem. Traditionally, when large purchasers and suppliers of OCC and other wastepaper grades have compared the available reference price to their own transaction records, they have seen wide discrepancies that erode their faith in the quality of the data in the index. These discrepancies make it extremely difficult for buyers, sellers, and traders to make confident business decisions that could have expensive consequences. They want ? and need ? reliable, actionable data.

Fisher International, in collaboration with Forest2Market, another ResourceWise company, has designed and built a transaction-based recycled fiber price benchmark specifically to help the industry reduce volatility and uncertainty. Recycled Fiber 360 provides visibility and accessibility to pricing metrics, which is key for developing meaningful decision-making criteria and bringing stability to the market.

The new benchmark can help participants across the recycled fiber value chain make confident forward-looking business decisions based on actual transactional sales data. Recycled Fiber 360 provides interactive maps, charts and tables that offer: 

In addition to the market transparency this service provides, companies can use the benchmarking capabilities to understand their competitiveness of the purchasing or sourcing strategy as well.

This can drive insights into increased performance, opportunities for negotiations regarding base price, transportation, and other strategic advantages.

"We are really excited to introduce Recycled Fiber 360 to our customers and partners across the recycled fiber value chain, especially with OCC price volatility being such a pain point for so many of our customers," said Matt Elhardt, VP of Global Sales, ResourceWise. "Forest2Market has been providing transaction-based pricing data to wood fiber feedstock markets since 2000. The OCC market is similar to these markets. In our years of experience developing precise and meaningful benchmarks for participants across the forest value chain, we've seen the benefits of reliable data based on actual market transactions in these markets."

Currently, Recycled Fiber 360 covers OCC in US markets by region and is expected to expand to other recycled wastepaper grades over time. It is available on Forest2Market's SilvaStat360 business analytics platform, a flexible, customizable digital environment that provides the datasets and analytical tools that are most important to participants across the forest value chain, including market pricing, benchmarks, and macroeconomic, forest inventory, precipitation, and forest carbon data.

Suz-Anne Kinney       
Vice President, Marketing & Communications at ResourceWise
[email protected]com
+1 (980) 233-4021

This information was brought to you by Cision http://news.cision.com


SOURCE ResourceWise

These press releases may also interest you

at 02:20
Stora Enso has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group, announced in September 2022. Closure of the transaction is still ongoing and expected to be finalised at the beginning of...

at 02:05
Boyd, a world-leading innovator of technologies in engineered materials and thermal management, announced expanded presence in Europe with a newly built facility strategically located in Gliwice, Poland. Boyd's newest high volume European production...

at 02:01
Independent, clean, British brand Floral Street has shaken things up again in the world of fragrance with their innovative Scentschooltm in a box. With fragrance reported as the most popular gift in beauty and 'gift experiences' being the fastest...

at 02:00

at 01:00
European Bioplastics (EUBP) welcomes the proposed new rules on packaging and bioplastics adopted today by the European Commission. "We appreciate the Commission's first comprehensive policy framework on innovative bioplastic materials, acknowledging...

at 00:00
Zara, the global fashion brand and part of Inditex group, has tapped textile innovations company Evrnu to supply its breakthrough recycled waste material, NuCycl Lyocell, for a new capsule collection. Comprising two oversized collared shirts and...

News published on 6 october 2022 at 11:33 and distributed by: