Due to continuing input cost increases Sappi is forced to continue passing on this cost inflation by increasing its LWC and MWC grades prices by 6-8% from January 1st 2018 for all markets. This follows previous announcements made for its woodfree coated and woodfree uncoated grades. Despite strong order books margins continue to be depressed by this severe input cost inflation. Sappi’s sales representatives will be in touch with their customers to agree on the specifics over the following weeks.

Following improved global market balance as well as improved demand for printing paper, SCA announce a price increase in Europe of € 40 per ton for Coated Mechanical reels and Uncoated Mechanical reels, valid for deliveries from January 1 2018.

The U.S. Department of Commerce announced Thursday it will impose countervailing and antidumping import duties on several Canadian softwood lumber firms. Commerce Secretary Wilbur Ross said the department determined Canada is providing unfair subsidies to its producers of softwood lumber at rates from 3.34 percent to 18.19 percent and has sold softwood lumber to the United States at 3.20 percent to 8.89 percent less than fair value. "While I am disappointed that a negotiated agreement could not be made between domestic and Canadian softwood producers, the United States is committed to free, fair and reciprocal trade with Canada," Ross said. As a result of the findings, Commerce instructed U.S. Customs and Border Protection to collect import duties averaging 20.83 percentt on Canadian lumber imports. Click Read More below for additional information.

Forest Products Association of Canada (FPAC) is disappointed with the U. S. Commerce Department’s announcement of final duties on Canadian softwood lumber. These are unwarranted duties that the U.S. is levying against our industry and it will result in Americans paying more to build and renovate their homes. FPAC will continue to work alongside the federal government, provincial governments and our provincial forest products association partners to ensure that Canada’s forest products sector remains competitive and innovative in the face of these protectionist measures. "We appreciate that the federal government has pledged its continued support to defend our sector and our workers against these tariffs which are completely without merit,” said Derek Nighbor, CEO of Forest Products Association of Canada.

Norske Skog has over the last few days made meaningful progress with the holders of the EUR 100 million NSF facility and the majority holder of the 2115 Perpetual Notes towards find a mutual acceptable solution where these financial instruments are included in the consensual recapitalization of the Norske Skog group. If a solution is achieved, Norske Skog will have received indicative support from the requisite majority of all relevant financial instruments in the Norske Skog capital structure. Due to the need to include a solution for the NSF facility and the Perpetual Notes in the overall recapitalization proposal, a new consent solicitation to the secured and unsecured noteholders will need to be launched. It is not anticipated that the updated consent solicitation will include any material changes to the terms set out in the current consent solicitation statement. As a new consent solicitation will have to be launched, the current consent solicitation will not be extended and will therefore expire on 3 November 2017 at 17:00 CET. Click Read More below for additional information.

Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, today announced the acquisition of Nekoosa, a leading manufacturer of specialty paper and film products used in the graphics and commercial print markets. Terms of the deal were not disclosed. Headquartered in Nekoosa, Wisconsin, Nekoosa produces a comprehensive suite of specialty engineered materials in four key product areas: application and pressure sensitive tapes used to protect and transfer graphics onto surfaces such as store windows and commercial vehicles; specialty synthetic papers that offer a digitally printable tear-and-water-proof alternative to lamination; sheeted digital and offset grade carbonless paper; and extruded film products used in wall panel, credit card, and lighting applications. Through a network of more than 1,000 global distributor partners, Nekoosa serves a highly-diverse base of more than 70,000 commercial print and graphics shops in 65 countries. Click Read More below for additional information.

Fortress Paper Ltd. announces that its wholly-owned subsidiary, Landqart AG, has received notices from one of its significant international customers cancelling that portion of purchase orders which were scheduled for production and delivery by the Landqart Mill in the fourth quarter of 2017 and in fiscal 2018. The cancelled purchase orders represent approximately 16% of the budgeted order book at the Landqart Mill for fiscal 2017 and 30% for fiscal 2018. Despite other suppliers experiencing similar cancellations, Landqart continues to have dialogue with the customer to potentially reinstate all or a portion of the cancelled orders over an extended period of time within fiscal 2018. There are no assurances that any reinstatement will be forthcoming. Management is seeking to fill the production void caused by the cancellations and is deploying various strategies, including: (a) pulling forward existing purchase orders, (b) seeking new orders from existing and new customers, and (c) requesting special one-time supplemental orders from existing customers for immediate production. Click Read More below for additional information.

INTERFOR CORPORATION recorded net earnings in Q3’17 of $16.8 million, or $0.24 per share, compared to $24.5 million, or $0.35 per share in Q2’17 and $15.1 million, or $0.22 per share in Q3’16. Adjusted net earnings1 (which takes into account the effects of share-based compensation expense and non-recurring items) in Q3’17 were $20.0 million or $0.29 per share, compared to $28.7 million, or $0.41 per share in Q2’17 and $20.7 million, or $0.30 per share in Q3’16. Adjusted EBITDA1 for Q3’17 was $60.5 million (or $70.0 million excluding the impact from $9.4 million of softwood lumber duties expense), on sales of $489.2 million versus $77.4 million on sales of $511.4 million in Q2’17. Notable items in the quarter included: * Mixed Benchmark Lumber Prices and Stronger Canadian Dollar * Total lumber production was 645 million board feet, or 10 million board feet fewer than the prior quarter. Click Read More below for additional information.

Zhenyong Liu, Chairman and Chief Executive Officer of Orient Paper, commented, "Our third quarter results largely reflected the impact of a government mandated temporary restriction on production volume that has been in place since November 2016. Total revenue decreased by 10.6% year over year to $33.5 million on the back of a 36.1% drop in overall volume that more than offset the increase in blended average selling prices. Looking ahead, we expect the newly elected Communist Party of China leaders to continue to promulgate rules and regulations on environmental protection that could lead to government-mandated temporary restriction or suspension on paper production from time-to-time, leading to significant changes in pricing and supply/demand balances." Click Read More below for additional information.

Neenah Paper, Inc. announced that it had completed the previously announced purchase of the outstanding equity of W.A. Sanders Coldenhove Holding B.V. Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital transfer media and other technical products. Upon closing, the Company made a cash payment of approximately $45 million. The payment was financed through almost $14 million of available cash on hand, with the balance from incremental borrowing against the Company's existing global revolving credit facility. Interest rates on the additional short term debt were under two percent.

The company recorded operating income of $48 million in the quarter, an improvement of $95 million compared to the second quarter of 2017, as adjusted EBITDA increased to $118 million from $83 million in the previous quarter. The company's operating results were positively impacted by increases in sales of market pulp and wood products, where shipments and pricing improved compared to the previous quarter. Profitability was also supported by lower manufacturing costs and savings derived from the closure of a high cost machine in our specialty papers segment, resulting in operating margin improvements that offset volume declines. Click Read More below for additional information.

In the spirit of the holiday season, Boise Paper and Box Tops for Education™ launched the "Give the Gift of Box Tops" Sweepstakes today, giving three winners the chance to help their local schools. Through November 30, 2017, U.S. residents can enter the sweepstakes daily for the chance to win 10,000 Bonus Box Tops and 400 reams of Boise Paper products for the participating school of their choice. "Boise Paper is proud to support America's schools as a partner of General Mills' Box Tops for Education program," said Paul LeBlanc, vice president of Boise Paper. "We love seeing first-hand how Box Tops make a difference for schools throughout the country, and we are excited that this sweepstakes will give three lucky winners the chance to truly make a difference with an unexpected gift for the holidays." Click Read More below for additional information.

Rayonier Inc. reported third quarter net income attributable to Rayonier of $24.7 million, or $0.19 per share, on revenues of $177.9 million. This compares to net income attributable to Rayonier of $39.4 million, or $0.32 per share, on revenues of $171.4 million in the prior year quarter. The prior year third quarter results included $1.2 million of costs related to shareholder litigation.1 Excluding this item, pro forma net income2 was $40.6 million, or $0.33 per share, in the prior year period. Third quarter operating income was $39.3 million versus $49.7 million in the prior year period. Prior year third quarter operating income included $1.2 million of costs related to shareholder litigation.1 Excluding this item, pro forma operating income2 was $50.9 million in the prior year period. Third quarter Adjusted EBITDA2 was $69.9 million versus $87.2 million in the prior year period. The decline in Adjusted EBITDA2 relative to the prior year period was primarily due to lower real estate results, as the prior year period included a $48.3 million sale comprised of 17,772 acres in Georgia. Click Read More below for additional information.

Sappi North America, a leading producer and supplier of diversified paper and packaging products, has revealed its newest promotional resource for brand managers, “The Five Second Rule”. With only five seconds to convince a customer to read a piece of direct mail, first impressions are critical. Printed on Sappi’s multiple web cover grades, Opus and Somerset, the kits come in a stunning exterior envelope, designed to illustrate direct mail’s ability to instantly stand out and create a memorable experience so that consumers are driven to take action. Inside, readers will find inspiration for making collateral that resonates with four unique direct mail examples. Direct mail is the preferred method of brand communications for consumers aged 18-34[i], with marketing representing more than half of the total mail volume in the U.S.[ii] Together, these figures illustrate the immense need for businesses to employ thoughtful, targeted and high-quality direct mail campaigns that will stand out. Click Read More below for additional information.

Stora Enso has divested 100% of its shares in the Finnish Puumerkki Oy and the Estonian Puumerkki AS to Mimir Invest AB, a global investment firm. Puumerkki is a specialised wholesaler of wooden building materials and was 100% owned by Stora Enso. This divestment supports Stora Enso’s Wood Products division in focusing on its growth strategy and further build on the strength of the premium portfolio of products and services. Puumerkki’s wholesale business does not belong to Stora Enso’s core business. The new owner is in a better position to give Puumerkki the attention it deserves and ensure its long-term development. Puumerkki will continue to be a key customer for Stora Enso’s renewable building materials also going forward. Click Read More below for additional information.

January–September 2017 (1–9/2016) • Sales were EUR 3,712 million (3,483). • Operating result was EUR 397 million (333). Comparable operating result was EUR 381 million (332). • Result before tax was EUR 345 million (275). Comparable result before tax was EUR 330 million (275). • Comparable return on capital employed was 11.2 per cent (10.5). Comparable return on capital employed excluding investments related to the bioproduct mill was 14.0 per cent (11.9). • Cash flow from operations was EUR 611 million (298). July–September 2017 (7–9/2016) • Sales were EUR 1,260 million (1,143). • Operating result was EUR 143 million (107). Comparable operating result was EUR 134 million (103). • Result before tax was EUR 109 million (89). Comparable result before tax was EUR 100 million (85). • Comparable return on capital employed was 10.8 per cent (9.8). Comparable return on capital employed excluding investments related to the bioproduct mill was 13.7 per cent (11.1). • Cash flow from operations was EUR 420 million (177). Click Read More below for additional information.

Norske Skog has so far received support from a clear majority of both the secured and the unsecured noteholders for the proposed recapitalization solution. Norske Skog has now likely surpassed the thresholds required to implement the transaction by way of Schemes of Arrangement. However, the transaction is also contingent upon support from the majority holder of the EUR 100 million NSF and the 2115 Perpetual Notes. The consent solicitation deadline is extended until Friday 3 November at 17:00 CET to allow sufficient time to allow for further discussions with the holders of NSF and Perpetual Notes. Click Read More below for additional information.

KaMin LLC announced that it will increase prices for kaolin clay products for the global paper and packaging industry 5 percent effective Jan. 1, 2018, or as contracts allow. "This price increase is necessary to ensure our long-term sustainability," stated Mark Gillespie, Vice President of Commercial. "KaMin has continued to invest to meet regulatory requirements, as well as continued increases in labor, energy and freight/logistics costs." KaMin LLC also announces that its energy surcharge policy will remain unchanged. The threshold of $5/MMBTU and incremental surcharges by product type will remain the same. This policy applies to all slurry, spray-dried hydrous and calcined kaolin grades sold to the paper industry globally.

The Board of Directors of BillerudKorsnäs has appointed Petra Einarsson new President and CEO of the company. Petra succeeds Per Lindberg who is, after 12 successful years, leaving BillerudKorsnäs on his own request for a new assignment. Petra Einarsson will assume her new position at the turn of the year 2017-2018. ”I am very glad to present Petra Einarsson as new President and CEO of BillerudKorsnäs”, says Lennart Holm, Chairman of the Board. “Petra is a highly experienced and competent leader. She has during her years as President of Sandvik Materials Technology shown her capability to successfully develop a complex process industry in a competitive environment. With Petra as new CEO, I am convinced we will succeed in our ambitions to further develop BillerudKorsnäs to new levels.” Click Read More below for additional information.

Glatfelter reported net income of $12.1 million, or $0.27 per diluted share for the third quarter of 2017 compared with net income of $19.6 million, or $0.44 per diluted share in the third quarter of 2016. Adjusted earnings for the third quarter of 2017 was $21.9 million, or $0.50 per diluted share compared with $24.0 million, or $0.54 per diluted share, for the same period a year ago. On an adjusted basis, earnings before interest, taxes, depreciation and amortization and excluding pension expense (“Adjusted EBITDA”) for the three months ended September 30, 2017 and 2016, totaled $50.6 million and $49.1 million, respectively, an increase of 3.1%. Adjusted earnings and Adjusted EBITDA are non-GAAP financials measures for which reconciliations to the nearest GAAP-based measure are provided within this release. Consolidated net sales totaled $413.3 million and $405.3 million for the three months ended September 30, 2017 and 2016, respectively. In the Composite Fibers and Advanced Airlaid Materials business units, net sales increased by 5.0% and 6.6%, respectively, on a constant currency basis. Specialty Papers’ net sales declined 4.0% in the quarter-over-quarter comparison. Click Read More below for additional information.

JANUARY 1 – SEPTEMBER 30, 2017 (compared with the year-earlier period, continuing operations): •Net sales increased 9% to SEK 12,422m (11,434) •Adjusted EBITDA improved 10% to SEK 2,683m (2,443) •The adjusted EBITDA margin was 21.6% (21.4) •Adjusted operating profit was SEK 1,838m (1,616) •Operating profit totaled SEK 1,725m (1,739) •Net profit for the period totaled SEK 1,278m (1,358). Click Read More below for additional information.

The Georgia Minority Supplier Development Council (GMSDC) recognized supplier diversity champions at the 35th Spirit of Alliance Awards, held on August 25, at the Atlanta Marriott Marquis hotel. The Spirit of Alliance Gala honors the corporations, Minority Business Enterprises (MBEs) and supplier diversity advocates that are setting the standard for small business development and creating opportunities for minority-owned businesses in Georgia. The Spirit of Alliance Awards honors corporations', Minority Business Enterprises (MBEs) and supplier diversity advocates that are setting the standard for small business development and creating opportunities for minority-owned businesses in Georgia. Click Read More below for additional information.

Please be advised we plan to increase the price of our 30# (48.8 gsm.) standard newsprint by $30.00 per metric ton. This increase will go into effect in two stages; $15.00 on December 1, 2017 and $15.00 on January 1, 2018. Prices for other newsprint basis weights will increase proportionally as per past practices.

Due to rising costs pulp, raw materials and transportation, Moorim announces a $2.00/cwt increase on all C1S label basis weights in both sheets and rolls, effective from orders received on and after November 1, 2017.

Wisconsin has lost about one-third of its paper mills in the last two decades. More companies are nearly bankrupt or are exploring the possibility of selling their mills. This fall, Industrial Assets Corp., a Los Angeles-based used machinery dealer, bought the Appleton Coated paper mill in Combined Locks, Wisconsin. In addition, Verso Corp. formed a committee to explore the potential sale of some of its mills. The company operates mills in both Duluth and Stevens Point. Jeff Landin, president of the Wisconsin Paper Council, said Wisconsin’s paper industry is doing well overall, but some mills are struggling. "You’ve seen some of that in the Appleton Coated issue where they’ve gone through receivership, but it’s really a byproduct of what they produce. It’s the coated paper market that’s challenged," he said. But, Landin said tissue, packaging and specialty papers make up more than 90 percent of products in Wisconsin’s paper industry. Click Read More below for additional information.

Effective with all new and existing orders with confirmed delivery dates of November 20, 2017 or later, Verso Corporation is increasing the transaction price of all Coated One Side (C1S) sheet and roll products by $2.00/cwt USD/$2.50/cwt CAD. This includes, but is not limited to: Sterling® Ultra C1S; Sterling® Litho C1S; Aspect®; OptiLabel™; UniSil™. The increase applies to all basis weights, bulks, finishes and related private label grades. Should you have any questions, please contact your Verso professional sales representative. Thank you for your continued support.

Total European shipments of graphic papers were UP 0.3% vs. August 2016 and are down 0.4% year-to-date. Total European shipments of newsprint were down 1.0% vs. August 2016 and are down 3.1% year-to-date. Total European shipments of sc-magazine were down 0.8% vs. August 2016 and are UP 1.7% year-to-date. Total European shipments of coated mechanical reels were down 0.6% vs. August 2016 and are down 1.0% year-to-date. Total European shipments of uncoated mechanical were UP 2.3% vs. August 2016 and are UP 2.0% year-to-date. Total European shipments of coated woodfree were UP 2.6% vs. August 2016 and are UP 1.6% year-to-date. Total European shipments of uncoated woodfree were UP 0.8% vs. August 2016 and are down 0.3% year-to-date. Click Read More below for additional information.

Domtar Corporation reported net earnings of $70 million ($1.11 per share) for the third quarter of 2017 compared to net earnings of $38 million ($0.61 per share) for the second quarter of 2017 and net earnings of $59 million ($0.94 per share) for the third quarter of 2016. Sales for the third quarter of 2017 were $1.3 billion. Operating income was $89 million in the third quarter of 2017 compared to operating income of $64 million in the second quarter of 2017. Depreciation and amortization totaled $80 million in the third quarter of 2017. The increase in operating income in the third quarter of 2017 was the result of higher volume and average selling prices, favorable productivity, and lower maintenance and raw material costs. These factors were partially offset by unfavorable exchange rates and higher selling, general and administrative expenses. Click Read More below for additional information.

Mercer International Inc. reported strong results for the third quarter ended September 30, 2017 as Operating EBITDA* increased by 34% to $64.0 million from $47.9 million in the same quarter of 2016 and by 64% from $39.1 million in the prior quarter. In the current quarter, net income increased to $21.1 million, or $0.33 per basic and $0.32 per diluted share, compared to net income of $11.9 million, or $0.18 per basic and diluted share, in the comparative quarter and a net loss of $2.1 million in the prior quarter. Mr. David M. Gandossi, the Chief Executive Officer, stated: "In the third quarter of 2017, pulp prices in Europe and North America increased as a result of continued steady demand and were generally flat in China compared to the prior quarter of 2017. Overall our average pulp sales realizations were approximately 2% higher in the third quarter of 2017 compared to the prior quarter of 2017. " Click Read More below for additional information.

Norbord Inc. reported Adjusted EBITDA of $200 million for the third quarter of 2017 versus $115 million in the third quarter of 2016 and $165 million in the second quarter of 2017. The improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment volumes. North American operations generated Adjusted EBITDA of $184 million compared to $106 million in the same quarter last year and $157 million in the prior quarter. European operations delivered Adjusted EBITDA of $14 million versus $10 million in the same quarter last year and $9 million in the prior quarter. "Our third quarter performance continued to accelerate and we delivered our best Adjusted EBITDA result in 13 years," said Peter Wijnbergen, Norbord's President and CEO. "In North America, our shipment volumes increased 5% and benchmark OSB prices were 36% higher year-over-year due to already strong OSB demand that was pushed even further by the hurricanes in the US south. In Europe, our financial performance is back on track as improved panel prices outpaced the currency translation headwind from the weaker Pound Sterling and the negative impact of higher resin prices." Click Read More below for additional information.

The increase in the Company's cost and expense structure has lagged inflation due to productivity gains and the focus on cost discipline. Our commitment to financial discipline is reinforced by the reductions in both gross and net debt, as well as by significant lengthening of our amortization profile (from 62 to 80 months). The leverage ratio remains at a healthy level (2.3x Net Debt/Adjusted EBITDA) and the total average debt cost remains competitive (4.4% p.a. in USD). The Adjusted EBITDA² of R$1.041/ton and strong Cash Generation¹ of R$795/ton were other metrics in which we outperformed the overall industry. The ROIC of 13.0% reflects the positive impact from pulp prices, as well as from cost and expense discipline and the margin recovery in the paper segment. Click Read More below for additional information.

Glatfelter announced that its Advanced Airlaid Materials Business Unit (AMBU) was recently recognized for exemplary core values and excellent service by Rockline Industries during their annual State of Rockline strategic supplier event in Sheboygan, Wisconsin on October 4, 2017. The Supply RRITE Award recognizes the supplier that best demonstrates the Rockline core values of Renew, Respect, Integrity, Teamwork and Excellence. Rockline is one of the world’s largest private-label manufacturers of coffee filters and consumer, medical and commercial wet wipes. Glatfelter supplies Rockline with airlaid materials manufactured at its facility in Gatineau, Quebec, Canada. Glatfelter also manufactures airlaid materials in its Falkenhagen, Germany facility, and is planning to be operational with its first U.S. airlaid facility in Fort Smith, Arkansas by early 2018. Click Read More below for additional information.

Highlights first 9 months 2017 (vs. first 9 months 2016): * Paper volume hits new record level of 1 158 thousand tons (up 3 thousand tons), with average price still lower than last year * Turnover up +5% with strong performance in pulp, energy and tissue business: − Pulp sales grow 32% in value, with volume and price both rising − Power sales up 16%, reflecting successful operation of power generation assets − Tissue sales grow by 11% in volume and value * EBITDA of € 300 million in line with previous year and EBITDA/sales margin of 25% (vs. 26%). Click Read More below for additional information.

We are pleased that practically all stakeholders targeted in the consent solicitation process are supporting for a consensual recapitalization of the current Norske Skog group. We will now spend time to ensure the registration and documentation of formal support for the recapitalization occurs. Equally important, we will do our outmost to obtain the support to the recapitalization from the holders of the NSF and the 2115 Perpetual Notes holders," said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA. Regardless of the outcome of the recapitalization process, the business operations at our seven paper mills will continue as normal. Click Read More below for additional information.

Monadnock Paper Mills announced that Dawn Soucek has joined the company's sales and marketing team as a Senior Technical Sales Manager. Soucek is a proven business development professional with extensive experience in technical/specialty papermaking. For over 11 years, she was responsible for developments in specialty barriers and packaging at Verso Specialty Papers. “Dawn will represent Monadnock from her home base in Stevens Point, Wisconsin. We are looking forward to growing our presence in the mid-west region of the United States where there are significant growth opportunities for Monadnock's technical/specialty papers,” said Brendan Lesch, vice president of sales and marketing at Monadnock. “Dawn's background in packaging, chemistry and applied sciences will help us accelerate the development and customization of new products.”

Mohawk is announcing a price increase of approximately 2.0% on Fine Papers effective with orders taken on December 4, 2017. Please see the attached list for grade specific details. All Fine Paper envelopes will increase by approximately 1.5%. This price increase applies to all contracts and promotions, within agreed upon terms, which have grades included in this announcement. Also note that manufacturing orders for these papers on file with Mohawk prior to December 4, but shipping after that date, will retain the agreed upon price.

We are announcing a US$30/metric tonne (for 48.8 gsm) newsprint price increase to be phased in over two months. The price will increase US$15/metric tonne (for 48.8 gsm) effective with shipments on or after December 1, 2017 and a second US$15/metric tonne (for 48.8 gsm) increase will be implemented with shipments on or after January 1, 2018. Other basis weights will be adjusted accordingly. Please note that this price increase does not apply to Ponderay Newsprint Company.

Sappi North America announces a US$2.00/cwt transactional price increase on new and unconfirmed orders that book with confirmed delivery dates on or after Monday, November 20, 2017 on the following packaging products: LusterCote (all basis weights). Please note that all new orders must be confirmed a minimum of 10 days prior to the commencement of the production run.

We delivered a strong quarter, with earnings above our expectations,” said Mitch Butier, Avery Dennison President and CEO. “LGM’s organic growth rate rebounded, as expected, and margin remained strong; RBIS delivered another great quarter, with continued strong sales growth and margin expansion; and IHM delivered solid organic sales growth while integrating two recently completed acquisitions. “We raised our guidance for full-year earnings per share, reflecting our better than expected operating results,” said Butier. “The effective execution of our strategies continues to enhance our competitive advantage, driving profitable growth and higher returns.” Click Read More below for additional information.

Q3/2017 (year-on-year): Sales of EUR 2 509 (EUR 2 393) million increased 4.8%: the third consecutive quarter of sales growth. Sales excluding the paper business increased 11.1%. Operational EBIT increased 32.4% to EUR 290 (EUR 219) million. This was mainly due to favourable sales prices and increased volumes from the recent strategic investments, and good cost management. The ramp-up of Beihai Mill continues to proceed ahead of plan, and it is expected to reach full production during the first half of 2018, and operational EBITDA break-even in Q4/2017. Q1–Q3/2017 (year-on-year): Sales at EUR 7 534 (EUR 7 364) million increased 2.3%. Sales excluding the paper business increased 9.2%. Operational EBIT at EUR 724 (EUR 693) million increased 4.5%, mainly due to higher volumes. Click Read More below for additional information.

CEO comments, Jan Åström: “We achieved strong organic growth of over five percent in the quarter and were able to maintain our operational result despite the accelerated cost inflation in some of our key raw materials. Our performance was once again led by excellent results in the Filtration & Performance, and Industrial Solutions business areas. We will continue to work on our pricing to mitigate the cost pressure and address the challenges in the coated one-sided papers business. The integration work following the merger is gaining momentum as we achieved an annual run rate of about EUR 17 million in synergy benefits by the end of the quarter. We are now fully comfortable that we can exceed the original target of EUR 35 million and estimate that annual synergy benefits of above EUR 40 million can be reached by the second quarter of 2019. Click Read More below for additional information.

Please be advised we will be increasing the US market price of our newsprint on a 45 gsm basis by $US 32/MT effective with shipments December 1, 2017. 43 gsm and 40 gsm Marathon lite newsprint will be increased according to past practice.

In light of the global market situation for graphic papers, and to sustain its competitiveness and leading position in the market, UPM Paper ENA plans to: • optimize operations at its UPM Nordland Papier and UPM NorService units in Dörpen, Germany, Europe's biggest fine paper site. Streamlining internal processes and investing in automation will enable a sustainable improvement of the fixed cost structure. • permanently close paper machine 5 at UPM Blandin in Minnesota, United States, reducing the annual capacity by approximately 128,000 tons of coated magazine paper in response to overcapacities in the North American paper market. The closure is expected to be completed by end of Q1 2018 the latest. Paper production related to paper machine 6 is planned to continue at the Blandin site. In total 223 positions are estimated to be affected by these plans in Dörpen at UPM Nordland Papier and UPM NorService. At UPM Blandin, it is estimated that 150 positions will be affected by the plans. Click Read More below for additional information.

Q3 2017 highlights: •Comparable EBIT increased by 12% to EUR 351 million (314 million in Q3 2016). •Good growth in deliveries and strong operational efficiency with no significant maintenance activity. •Strong operating cash flow at EUR 486 million (506 million). •Net debt decreased to EUR 623 million (1,479 million). •UPM announced a new focused growth project at the UPM Chudovo plywood mill in Russia. •UPM announced the next step towards entering a new sustainable biochemicals business. Q1-Q3 2017 highlights: •Comparable EBIT increased by 8% to EUR 926 million (859 million in Q1-Q3 2016). •Solid profit performance continued through a turn in input cost environment. Click Read More below for additional information.

UPM moves forward with the development of biochemicals business by evaluating the potential of building a biorefinery in the Chemical Park Frankfurt-Höchst in Germany. The new-to-the-world biorefinery would combine novel technologies and utilize sustainable wood raw material in an innovative way. This opportunity is the outcome of more than five years of extensive technology development and piloting. The planned industrial scale biorefinery would convert wood into bio-monoethylene glycol (bMEG), bio-monopropylene glycol (bMPG) and lignin up to 150,000 metric tons per year. Production would be based on hardwood from sustainably managed forests in Central Europe. Application areas for bio-monoethylene glycol include textiles, bottles, packaging and deicing fluids. Click Read More below for additional information.

UPM further strengthens its position as the leading plywood manufacturer in Europe. Following successful growth investments in Finland and Estonia over the past few years, UPM expands its Chudovo plywood mill in Russia by investing EUR 50 million. The project will increase the mill's production capacity by 45,000 to 155,000 m3 while also broadening the mill's product portfolio. In addition to the production capacity growth, a new bio heat boiler will be built at the mill site. "The expansion of the Chudovo mill is an important step in executing our strategy. Our goal is to further strengthen our leading position in priority end-use segments. New competitive birch plywood capacity improves our ability to respond to growing demand in our key markets, while delivering industry-leading quality and reliability," says Mika Sillanpää, Executive Vice President of UPM Plywood. Click Read More below for additional information.

Ahlstrom-Munksjö, a global leader in fiber-based materials, announces the launch of Ahlstrom-Munksjö PureArmor™, a breathable impervious fabric for blood borne pathogen and cleanroom apparel protection. “PureArmor™ eliminates the need to choose between comfort and protection. It offers the highest possible level of protection for sensitive environments without sacrificing the wearer's comfort, which is unique when compared to fabrics frequently used in cleanroom apparel,” said Lionel Bonte, Vice President, Medical, Ahlstrom-Munksjö. The new PureArmor™ fabric is a next generation tri-laminate nonwoven that has extremely low lint, making it suitable for applications that are sensitive to particle contamination. Click Read More below for additional information.

Operating profit for January–September 2017 was SEK 1 745 million (January–September 2016: SEK 1 583 million excluding items affecting comparability). The improvement in earnings was due to higher wood product prices and better earnings from forests. Compared with the second quarter, operating profit increased by SEK 68 million to SEK 593 million, mainly because second-quarter earnings were negatively affected by a maintenance shutdown. Profit after tax for January–September amounted to SEK 1 336 million (982), which corresponds to earnings per share of SEK 15.9 (11.7). Return on capital employed increased to 9.4 (8.4) per cent. Cash flow was strong during the year. A dividend of SEK 1 008 million has been paid while net financial debt decreased by SEK 360 million.

Neenah announces the highly anticipated relaunch of Touché Papers. With new color additions to the line, Neenah now has a complete portfolio of the best-selling soft touch papers on the market. The name Touché, which comes from the French verb toucher, meaning, “to touch,” depicts the essence of these papers. “Soft touch papers are ideal for projects that are meant to get noticed. Handing someone a business card that not only looks beautiful, but also feels unique is guaranteed to make an impression. An elegant book cover with this soft, subtle texture instantly invites the consumer to reach out and touch it. These papers are elegant and sophisticated, are known for their on-press performance, and offer a luxurious touch like no other paper can,” says Auburne Gahlman, Marketing Manager, Neenah. Click Read More below for additional information.

According to the September 2017 Printing-Writing Monthly report from the American Forest & Paper Association, total printing-writing paper shipments decreased five percent in September compared to September 2016. All four of the major printing-writing grades posted year-over-year shipment declines. U.S. purchases of printing-writing papers also decreased, down six percent in September. Total printing-writing paper inventory levels increased one-half of one percent from August. •September uncoated free sheet (UFS) paper shipments decreased year-over-year following the year-over-year increase in August. Imports of UFS decreased by 18% year-over-year in August – this follows two consecutive decreases of 20% or more. Meanwhile, exports of UFS papers increased 17% year-over-year in August, which follows three consecutive increases of 20% or more. •Operating rate for coated free sheet (CFS) paper producers in September hits highest level since September 2016. U.S. imports of CFS papers decreased 9% year-over-year in August, the second consecutive year-over-year decline. Exports of CFS papers increased 6% year-over-year in August, the sixth increase in the past eight months. •Coated mechanical (CM) paper shipments declined year-over-year in September for the fourth consecutive month. Imports of CM increased in August, up 7% compared to August 2016. Exports of CM also increased, up 28% in August to 35,700 tons – the highest level since November 2016. •Shipments of uncoated mechanical (UM) papers have declined year-over-year in every month when compared to the same month in 2016. Imports of UM decreased 11% year-over-year in August while exports of UM increased 1% year-over-year in August – the fifth year-over-year increase in the first eight months of 2017.

Canfor Corporation reported net income attributable to shareholders (“shareholder net income”) of $66.2 million, or $0.51 per share, for the third quarter of 2017, compared to shareholder net income of $81.3 million, or $0.61 per share, for the second quarter of 2017 and net income attributable to shareholders of $50.9 million, or $0.38 per share, for the third quarter of 2016. For the nine months ended September 30, 2017, shareholder net income was $213.6 million, or $1.62 per share, compared to $112.9 million, or $0.85 per share, for the nine months ended September 30, 2016. The Company reported operating income of $105.4 million for the third quarter of 2017, down $25.6 million from reported operating income of $131.0 million for the second quarter of 2017, with the decline reflecting lower operating earnings in both the lumber and pulp and paper segments. Lumber segment results were impacted by a decline in Southern Yellow Pine (“SYP”) lumber prices, a 5 cent, or 7%, stronger Canadian dollar, as well as increased log costs in Western Canada, the latter reflecting continued weather-related challenges and the effects of the worst fire season in recorded history in the BC Interior. Click Read More below for additional information.

Canfor Pulp Products Inc. reported net income of $12.6 million, or $0.19 per share, for the third quarter of 2017, compared to $20.2 million, or $0.31 per share, for the second quarter of 2017 and $22.4 million, or $0.34 per share, for the third quarter of 2016. For the nine months ended September 30, 2017, the Company’s net income was $56.9 million, or $0.86 per share, compared to $47.7 million, or $0.70 per share, for the nine months ended September 30, 2016. The Company reported operating income of $21.1 million for the third quarter of 2017, down $10.4 million from the $31.5 million reported for the second quarter of 2017. While pulp shipments and production were both up quarter-over-quarter, the related increase in operating income was more than offset by the impact on unit pulp and paper sales realizations of a significantly stronger Canadian dollar. Pulp shipments and production volumes were up 10% and 11%, respectively, from the previous quarter, principally reflecting a decline in scheduled maintenance outages. Click Read More below for additional information.

Executive Summary: ◦Third quarter 2017 net sales of $4.6 billion increased 1 percent compared to the year-ago period. Changes in foreign currency exchange rates benefited sales by nearly 1 percent and organic sales rose slightly. Organic sales were similar in North American consumer products. Outside North America, organic sales increased 3 percent in developing and emerging markets and fell 3 percent in developed markets. ◦Diluted net income per share for the third quarter was $1.60 in 2017 and $1.52 in 2016. Results benefited from volume growth, cost savings and reduced marketing, research and general spending, while performance was impacted by lower net selling prices and input cost inflation. ◦The company continues to expect that full-year 2017 net sales and organic sales will be similar, or up slightly, year-on-year. The company also continues to anticipate that full-year 2017 earnings per share will be at the low end of its target range of $6.20 to $6.35. Click Read More below for additional information.

Effective immediately, the temporary order moratorium on CFS Web, Economy Sheets, and C1S has been lifted. Please work with your Midland Paper, Packaging & Supplies Sales Representative if you have any questions.

All the major shareholder groups of Norske Skogindustrier ASA have indicated their strong support for the consensual recapitalization solution between the Unsecured Committee and the Senior Secured Noteholder Committee reached yesterday. Among the 20 largest shareholders, who control about 38 % of the total number of shares in Norske Skogindustrier ASA, there are already over 75 % support for the recapitalization proposal. At the last general meetings, there have been about 35 - 40 % attendance from the shareholders, where the largest shareholders would constitute more than 90 % of the votes. The transaction will need the support of existing shareholders of Norske Skogindustrier ASA, with a 2/3 majority in an extraordinary general meeting. Among the 20 largest shareholders, there are some nominee accounts, where the shareholder is not known to the public or the company. Such nominee accounts represent almost 20 % of the total number of shares controlled by the 20 largest shareholders, and their vote is therefore unknown to the company. "We are pleased to see that all known major shareholders will support the recapitalization transaction. As repeatedly stated, all alternatives to a consensual solution will entail significantly less value for all parties and rather complicated insolvency processes. If the proposal is successful, the transaction will reduce the group's gross debt from approximately NOK 9 billion to approximately NOK 3 billion and reduce annual cash interest costs from approximately NOK 600 to 200 million", says Mr. Christen Sveaas, chairman and the largest shareholder of Norske Skogindustrier ASA. Click Read More below for additional information.

The price increase for both product ranges will be from 8 to 10% depending on format and country. This price movement is essential in order to offset the continuous increase in manufacturing and distribution costs. Lecta sales teams are at our customers' disposal to provide specific information on how the price increase will be applied by product on a country by country basis.

Steven Mattes, CEO of Industrial Assets Corp., states the site has over a billion USD of investment capital put into the infrastructure and equipment at the site. The workforce is determined to keep the mill in operation with a high level of technical knowledge and work ethic. Industrial Assets and its partner, Maynards Industries, are uniquely suited to find the perfect strategic buyer, most likely in the growing packaging grade sector. This mill's infrastructure is very desirable, featuring a 50 MW Cogeneration system, which will provide low cost energy, the site includes rail service, all permits in place for an immediate restart for a domestic or foreign buyer. This 55-acre site with 1.2 million sq. ft. is ideal for running containerboard grades. The (3) paper machines have trim widths ideal to serve the corrugator converters with a customer base ready to enter into production output agreements. The Jagenberg off-machine coater laminator provides the distinct advantage to produce linerboard to the growing demand of the high end graphics segment of commodity packaging. "We have a combined ability to provide direct financing and leasing program for all size companies to take advantage of this very unique opportunity," said Taso Sofikitis, CEO/President of Maynards. Click Read More below for additional information.

RISI reports that LEIPA will increase the transaction price of all coated mechanical reels by 30 Euros per ton for all grades in all markets.

For a variety of reasons we haven’t been able to reach our targeted output when running 70# Orca. Now with the new two machine scenario coming we have a new scenario and we can’t continue making all current grades. Even though we run the risk (small) of losing some 50 & 60# Orca offset we have come to the conclusion that 70# Orca Offset needs to be discontinued. Therefore we have no future blocks of this grade in our production planning. If you do get inquiries from the market kindly inform customers that we have discontinued production of 70# Orca Offset.