Moody’s Corporation, bond credit rating business Moody’s Investors Service, has released a report which has changed the outlook for the global paper and forest products industry to ‘positive’ from ‘stable’, reflecting higher prices and lower recycled fibre costs across most subsectors of the industry in most regions. The outlook report has projected consolidated operating income growth in the mid-single digits in the next 12 to 18 months. Among regions, the ratings agency has changed the outlooks for the North American, European and Latin American paper and forest products industries ...
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