Canfor Curtailing Operations in Sweden

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the North American launch of its new Drytac Polar Blockout UV opaque printable block out film. Joining the Drytac Zero range of products, Polar Blockout UV is a 2.0 mil (50μ) highly opaque layered white PET film with a matte finish. It is coated with a white pressure-sensitive, permanent aqueous acrylic adhesive which is protected by a 50# siliconized PE coated release paper. It is the ideal solution for two-sided window graphics and other block out layer requirements. The film’s high opacity prevents graphics from showing through on the other side when being used as a cover up graphic, offering a highly effective solution to customers seeking to produce bold and impactful applications.

Consistent with our June 1, 2017 letter, prices for Supercalendered Web grades listed in that letter are increasing by $2.00/cwt USD/$2.70/cwt CAD. To the extent not already implemented, the pricing will apply to all new and existing orders with confirmed delivery dates of October 1, 2017 or later. Additionally, in reference to our July 27, 2017 letter for #4 Web grades, we are changing the implementation dates and amount of increase to read as follows: Effective with all new and existing orders with confirmed delivery dates of October 1, 2017 or later, Verso Corporation is increasing the transaction price of all #4 Web Grades by $1.00/cwt USD/$1.26/cwt CAD, including but not limited to: Liberty® web; Balance® web; New Era® Matte; New Era® ThinBulk. The increase applies to all basis weights, bulks, finishes and related private label grades.

Canfor Corporation is pleased to announce it will invest approximately $210 million USD to build a new, state-of-the-art sawmill complex in southern Alabama. Using leading technology, the new sawmill will have an annual production capacity of 250 million board feet on a two-shift basis and will provide a new, modern work environment for the approximately 130 people who will be employed directly, in addition to supporting significant indirect jobs. In alignment with our sustainability goals and decarbonization targets, the facility design includes investment in a biomass-fueled lumber drying system. Startup of the facility is anticipated in the third quarter of 2024. “Building on Canfor’s proud operating history in Alabama, we are excited to invest in a new world-class facility that will ensure our long-term ability to operate competitively. In addition, the facility’s versatility and flexibility will enhance our ability to more closely align our production of high-quality products with market demand,” said Don Kayne, President and CEO, Canfor.