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 to SEK 4,925 million (5,391) and operating profit to SEK 93 million (512). For the […]
Monthly Archives: October 2020
Greif, Inc. on Oct. announced a price increase of 8% on all paper tubes, cores, and protective packaging products in the United States and Canada, effective starting with shipments on November 30, 2020. Greif said that the price increase “is in response to the rising cost of transportation, insurance, and labor in addition to direct […]
Domtar today announced it has signed an agreement with Voith to provide equipment and technical services to convert the paper machine at its Kingsport, Tennessee, mill from the production of uncoated freesheet to recycled containerboard, including high-performance lightweight packaging grades, as well as industry-standard grades. In August, Domtar also signed an agreement with Voith to […]
UPM Kymi paper mill has started full production on its fourth sheeting line, strengthening UPM’s position on the market for graphic fine paper sheets. “Investing in new equipment shows that fine paper production remains an important part of UPM’s operations,” said Matti Laaksonen, General Manager, UPM Kymi and Kaukas Paper Mills. “The sheeter will help […]
WCP Solutions announced the promotion of Amy Swanson to Chief Operating Officer, effective Oct. 1. Swanson joined the company in 1999. After graduating from Pacific Lutheran University in Tacoma, Swanson started her accounting career at Weyerhaeuser Company and now has 21 years of experience in the paper and packaging industry. Swanson began her career at […]
A scaled-back crew of employees continues to work at Columbia Pulp near Starbuck, Washington, while the business seeks an infusion of cash for its wheat straw pulp factory. The company temporarily stopped pulp manufacturing in March because of the coronavirus pandemic and had hoped to restart in July after using the downtime to perfect its […]
In a recent statement, Russian President Vladimir Putin ordered the government to strictly control the exportation of Roundwood and low-value forest products and to clamp down on the illegal trade of logs (in his terms: “hard-hitting decriminalization of the industry”). He also requested a “complete ban on shipments of unprocessed or roughly processed conifer and […]
The Heart of Wisconsin Chamber of Commerce on Oct. in a written statement said that Verso Corporation’s Board of Directors released new information on the selling of the Wisconsin Rapids Mill. Verso closed the Wisconsin Rapids mill in July 2020, ceasing production of paper at the location and putting the mill up for sale. A […]
Verso Corporation notified customers that it is increasing the transaction price of all pulp products by $30 per metric tonne, effective with all orders shipping on or after November 1, 2020. This increase includes but is not limited to, Quinnesec® Hi-Maple BHK Pulp. Verso produces a high-quality Northern Bleached Hardwood Kraft (NBHK) Maple pulp at […]
Swedish market pulp producer Rottneros said that although the COVID-19 pandemic has not had any negative effect on production, it has weakened demand resulting in lower pricing. The list price for NBSK pulp was 8% lower in USD and 15% lower in SEK compared with the third quarter of 2019. Compared with the second quarter […]