Verso Announces Coated Paper Price Increase for July 2018

QUARTERLY DATA Net sales for the fourth quarter increased by 2% compared with the same quarter of the previous year, mainly as a result of improved selling prices. EBITDA was…

West Linn Paper Company today annouced that it is ceasing operations and will commence a winding up of its business supervised by its second lien lender. "We are deeply disappointed to end the mill’s 128 year history, the last twenty of which resulted from a major restructuring and restart when our current ownership took control of West Linn Paper Company. The commitment and support that we received from our employees, our lenders and our owners as we sought to adapt to structural changes in our markets has been remarkable. However, several unforeseeable events have led to a significant reduction in available pulp, making continued operations impossible. As a result we will wind up our operations as quickly and efficiently as possible, beginning immediately." states Brian Konen, Chief Operating Officer for West Linn Paper Company. Company officials said that orders for stock product will continue to be accepted. Orders that have been produced but not yet shipped will be shipped. Manufacturing orders that have been accepted, but not yet produced, will be reviewed and customers will be contacted shortly with confirmations as to whether those orders will be produced. The Company will not be accepting new manufacturing orders going forward.

Mactac® Distributor Products announces its OODLES multi-print wall media has earned UL 10b and 10c certification, meeting the latest compliance requirements for out-facing elevator door applications. Compliance is necessary for any elevator wraps being used in the healthcare industry, such as in hospitals and other care facilities. Earlier this year, The Joint Commission, a leading accreditation and regulating body in healthcare, changed the fire rating for elevator doors, requiring the UL 10b and 10c certification to apply graphics materials on outside-facing doors. Compliance is also recommended for outdoor elevator graphics in schools, universities, hotels, and other similar buildings and facilities. “Customers can now confidently apply Mactac OODLES media to elevator doors within these settings and have peace of mind knowing that they are in compliance with the required safety standards,” says Amanda Smith, Product Manager, Mactac Distributor Products. “The certification adds to the versatility OODLES media already delivers.”