www.pulp-paperworld.com - Financial News
Wednesday, 13 December 2023 10:38
Voith continues its growth path in a difficult market environment: Sales and earnings targets met
The Voith Group performed satisfactorily in a challenging environment over the 2022/23 fiscal year (October 1, 2022 to September 30, 2023). Both in terms of operating business and financially, Voith remains in a robust position. The Company increased all key…
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Monday, 18 September 2023 10:23
Stora Enso begins trading on the OTCQX market
Stora Enso Oyj has upgraded the trading of its American Depository Receipts (ADRs) and Ordinary Shares to the OTCQX® Best Market from the Pink® market. Stora Enso begins trading today on OTCQX under the symbols “SEOAY, SEOFF, SEOJF”. Upgrading to…
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Monday, 19 June 2023 10:03
European Commission closes its investigation into the wood pulp sector
STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 June 2023 at 15:00 EEST As announced by Stora Enso on 12 October 2021, it was included in the European Commission's inspection of the wood pulp sector and subject to inspections at its…
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Wednesday, 01 February 2023 09:05
Michigan governor signs legislation granting Billerud investment support for Escanaba Mill transformation
As previously announced, Michigan State legislatures have approved legislation to grant Billerud investment support of up to USD 200 million in funding to support Billerud’s investment plans. Today, Michigan Governor Gretchen Whitmer signed the legislation, approving the Michigan Economic Development…
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Monday, 19 December 2022 10:22
Valmet's climate work recognized in CDP's climate listing
Valmet has been recognized for its climate work by receiving A- rating and reaching a leadership level in CDP's Climate ranking. CDP's evaluation is based on the company's disclosure about its strategy, targets, governance, risks and opportunities, risk management and…
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Monday, 19 December 2022 10:04
Valmet retains its position in the Dow Jones Sustainability Index among the world's sustainability leaders
Valmet has been included in the Dow Jones Sustainability Index (DJSI) for the ninth consecutive year. The company was listed again both in the Dow Jones Sustainability World and Europe indices. The Dow Jones Sustainability Index evaluates companies’ ESG (Environmental,…
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Wednesday, 03 August 2022 11:31
Sappi Europe announces price rises for its Woodfree Coated and Uncoated papers, and Paperboard by 8-10 % from 12 September
Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe will increase its prices to its European customers by 8-10% on its range of Woodfree Coated and Uncoated papers, and Paperboard from 12 September. This…
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Monday, 18 July 2022 11:08
Södra delivers robust result in uncertain times
Södra posted a robust result for the second quarter of 2022. The result reflects the sustained strong market for Södra’s core products in pulp and sawn timber, but the market outlook is highly uncertain. In the second quarter of 2022,…
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Friday, 06 May 2022 10:19
Sappi Europe announces price rises for its Coated Mechanical Reel products by 8% from 15 May
Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe will be forced to increase its prices to its European customers by 8% from 15 May. This is in addition to previously communicated increases. Sappi’s…
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Thursday, 07 April 2022 09:19
Sappi Europe announces price rises for its Woodfree paper grades
Sappi Europe continues to face increasing costs to its Graphic Paper business, related to energy costs as well as raw material cost rises due to availability challenges. It is forecast that this volatile environment will persist for now due to…
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Monday, 21 March 2022 08:50
Metsä Group donates nearly one million euros in total to six universities
Metsä Group has made donations of EUR 160,000 to Aalto University, LUT University, Tampere University, Åbo Akademi, University of Jyväskylä and University of Eastern Finland. Depending on the university, the donations will be allocated to the fields of technology, natural…
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Monday, 14 March 2022 09:57
Kemira increases prices for AKD based products in the APAC region
Kemira will implement a price increase of 10-30% for selected AKD (alkyl ketene dimer) wax based sizing products in APAC. The price adjustment will be effective immediately or as the existing AKD contracts allow. The decision is triggered by continuous…
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Wednesday, 23 February 2022 10:29
Sawlog supply in US South is tightening, opportunities for pulp and wood pellet expansion
The US South’s softwood industry has enormous potential for a variety of reasons. The region has a significant forest resource with room for expansion, low and stable wood costs, and a thriving lumber and pellet manufacturing sector. The local forest…
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Monday, 21 February 2022 17:38
Sappi Europe announces price rises for its Graphic Paper and Board products
Sappi Europe will increase prices for its Graphic Paper and Board products (Coated and Uncoated Fine paper, Coated Mechanical paper and Paperboard) by approximately 8% effective on deliveries from 1 April. This is in addition to price increases implemented during…
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Friday, 18 February 2022 13:51
Sappi Europe announces further price increases for its Speciality Papers
Sappi Europe informs customers of further unavoidable price adjustments to its Speciality Paper grades due to the continued and unprecedented high level of raw material, chemical and logistics costs in combination with highly volatile and unpredictable energy prices. Therefore, further…
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