www.pulp-paperworld.com - Financial News
Wednesday, 14 April 2021 09:15
Sappi Europe announces price rise for all Coated & Uncoated paper grades in Europe by 7-10%
Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 – 10 % effective 1. June 2021 for all markets in Europe. This is in addition to the previously announced and implemented…
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Friday, 09 April 2021 10:12
Sappi Europe announces price rise for all graphical paper grades for export markets by 8-11%
Sappi Europe announces a price increase for all its mechanical coated, woodfree coated and woodfree uncoated paper grades by 8 – 11 % with immediate effect as contracts permit for its export markets. This is in addition to the previously…
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Thursday, 14 January 2021 08:46
Sappi Europe announces a price increase for Fine Paper grades by US$ 50/ton for all Overseas markets.
The decrease in consumption caused by the Covid-19 pandemic continues to place strong pressure on prices. In combination with cost increases in paper production and transport this has continued to lead to unsustainable profitability levels, especially felt in our overseas…
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Friday, 08 January 2021 09:23
SCA to increase Kraftliner price by €50 per tonne
SCA will increase the price of White and Brown Kraftliner by €50 per tonne. The new price is valid for deliveries from February 1, 2021. “The market is characterized by a very strong demand for Kraftliner” says Mikael Frölander, Vice…
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Thursday, 22 October 2020 09:01
Södra delivers stable result in current market condition
The current market conditions had a significant impact on Södra’s operating profit in the third quarter. Despite higher year-on-year delivery volumes for Södra’s core products, the price formation for market pulp was weaker. For the third quarter, Södra’s sales amounted…
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Thursday, 15 October 2020 07:40
Valmet has completed the acquisition of PMP Group, a provider of technologies and services for the paper industry
Valmet has completed the acquisition of PMP Group in Poland following the agreement that was announced on September 11. PMP Group is a provider of technologies and services for the paper industry. The enterprise value of the acquisition is approximately…
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Monday, 12 October 2020 07:02
WRI’s Hardwood Fiber Price Index fell to a 16-year low in the 2Q/20
WRI’s Hardwood Fiber Price Index fell to a 16-year low in the 2Q/20, driven by lower pulplog prices in Brazil, Russia and Eastern Canada Wood raw-material costs fell for most pulp manufacturers throughout the world in the 2Q/20, reducing WRI’s…
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Friday, 04 September 2020 08:02
Södra to raise price of NBSK by USD 40 to USD 880/tonne
Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe by $40/tonne to $880, effective 1 October. “We do recognize the challenges presented in the wake of Covid-19. Nevertheless, demand for our NBSK in Europe…
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Wednesday, 26 August 2020 09:33
Hardwood Chip Trade in the Pacific Rim in the 2Q/2020
Demand for imported hardwood chips in China and Japan plummeted in the 2Q/20 as a result of reduced consumption of pulp and paper in the two countries The world’s two largest purchasers of wood chips China and Japan drastically reduced…
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Wednesday, 26 August 2020 08:11
Stora Enso’s remuneration policy ranked the best in Finland
Stora Enso’s remuneration policy, published in January 2020, has been ranked the best for Large Cap companies in Finland. The members of the ranking committee include representatives from the pension insurance company Varma, the Directors’ Institute of Finland, and Nasdaq.…
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Wednesday, 22 July 2020 08:12
Valmet’s comment on Alfa Laval’s tender offer for Neles’ shareholders
Valmet has become aware of Alfa Laval’s announcement on public cash tender offer for all shares in Neles. Valmet completed 14.88 percent share acquisition of Neles’ shares from Solidium Oy on July 1, 2020. “Neles is a good quality company…
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Tuesday, 21 July 2020 08:00
New harvesting plan confirmed Increased harvesting level and higher cash flow
SCA has confirmed a new harvesting plan which shows that the harvesting level in the own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased…
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Friday, 17 July 2020 08:21
Södra posts a stable result but the outlook remains unclear
Södra’s operating profit during Q2 was stable given current market conditions. Deliveries were higher year-on-year, but prices for Södra’s core products were considerably weaker than in 2019. For the first half of 2020, operating profit totalled SEK 449 million (2,009), return on capital employed was 4 per cent…
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Thursday, 23 April 2020 18:47
Essity interim Report First Quarter 2020
The Group’s net sales increased 10.0% in the first quarter of 2020 compared with the corresponding period a year ago. Organic net sales increased 7.8%, of which volume accounted for 5.9% and price/mix for 1.9%. In mature markets, organic net…
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Thursday, 23 April 2020 18:33
Södra result in line with expectations but the future is difficult to predict
Despite dramatically changed conditions in the wake of the COVID-19 pandemic, production rates at Södra’s facilities remained high and stable in the first quarter. Sales amounted to SEK 5,576 million (6,318). Operating profit for the quarter totalled SEK 227 million…
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