ANDRITZ to deliver a complete OCC line including a reject treatment system to Indah Kiat, Indonesia

Due to continuing cost increases of pulp and other raw materials, Sappi reports that it is increasing its Dye Sublimation and Large Format Inkjet paper prices as from 1 May 2018. The increase will be five to eight percent for all Dye Sublimation grades and six to nine percent for the Large Format Inkjet papers. The price rise will apply to all European and Overseas markets.

Key highlights Q3: Strong organic* and currency neutral sales growth of 20%; Record underlying EBITDA performance; Price and mix management more than offset cost inflation; Excellent cash delivery and all-time low leverage. Quarterly data Q3: Net sales increased by 82% to SEK 11,814 million (6,494), whereof Billerud North America accounted for SEK 3,718 million; Operating profit was SEK 1,536 million (639); Net profit was SEK 1,347 million (477)

Resolute Forest Products Inc. reported net income of $268 million for the quarter ended June 30, compared to net income of $6 million in the same period in 2020. Sales were $1,140 million in the quarter, an increase of $528 million from the year-ago period. Excluding special items, the company reported net income of $300 million, or $3.74 per diluted share, compared to a net loss of $22 million, or $0.25 per share, in the second quarter of 2020. The company reported operating income of $406 million in the second quarter, compared to operating income of $6 million in the second quarter of 2020. The improvement reflects higher selling prices ($500 million) in the wood products, pulp and paper segments, offset by the stronger Canadian dollar ($39 million), higher fiber costs ($27 million), and maintenance ($14 million). At $445 million, adjusted EBITDA in the second quarter was $408 million higher than the second quarter of 2020.