www.pulp-paperworld.com - Financial News
Kemira, a global chemicals company serving customers in the pulp and paper industry, announces price increases for AKD technologies in the Asia Pacific region. The adjustment will be effective immediately or as contracts allow and as follows: FennoWax AKD wax…
Mitsubishi HiTec Paper is forced to raise the prices for its coated specialty papers again. The reason for this is the recently continued rise in prices for energy and raw materials. The price adjustments of up to 10% apply to…
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with the steady recovery from the ongoing challenges of the Covid-19 pandemic. EBITDA continued to improve quarter-on-quarter from a low of US$26m in our third…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
Page 3 of 55