Unplanned Shutdown of Rottneros Vallvik Mill has a Negative Impact on Production

The mill, which began operating in 1928, quickly established itself as a leading supplier of kraftliner in France and then extended its reach throughout Europe. The Cellulose du Pin mill produces kraftliner from local maritime pine and recycled fibres and has a strategic location in the heart of the Aquitaine Forest beside a major transport route connecting Madrid, Bordeaux and Paris. The plant produces 500,000 tonnes of kraft annually. Click Read More below for additional information.

Neenah, Inc. announced that on November 19, 2020, its Board of Directors renewed the Company’s share repurchase plan for up to $25 million of its outstanding common stock effective January 2021. The current share repurchase plan remains in effect through December 31, 2020. Purchases by the Company under the program would be made from time to time in the open market or in privately negotiated transactions in accordance with the requirements of applicable law. The timing and amount of any purchases will depend on share price, market conditions and other factors. The program does not require the Company to purchase any specific number of shares and may be suspended or discontinued at any time.

Due to the increase of costs for raw materials, especially for pulp, and for chemicals and logistics, Papierfabrik Koehler will raise its prices for reacto® carbonless paper in Latin America. The increase will be 8 – 12% and will be effective for deliveries ex mill from Mai 1st, 2018 onwards.