Brazil’s Suzano to buy controlling stake in Facepa paper factory

The Navigator Company announced today that it will increase tissue prices by 6 to 8% in all markets. This increase will be effective for all dispatches from 1st of April. The Company will inform its clients shortly about the details of the new prices to be applied. This decision was taken following the generalised and significant price hikes in many input cost, notably in commodities like chemical products, packaging products (plastics and containerboard), logistics, and pulp, being the latter the main cost factor for tissue production. The tissue industry has seen abrupt price increases of 15-20% or more in some of these input costs over the last 3 months, which made it impossible not to reflect these in its finished goods prices.

Monadnock announces line of RIT HP Indigo 3-Star Certified media made with 100 percent post-consumer waste (PCW) recycled fiber. The line includes uncoated and coated options under its flagship Astrolite PC 100® line of fine recycled printing papers. Astrolite PC 100 Digital+ for HP Indigo is available in weights ranging from 80 lb. text to 130 lb. double-thick cover. Astrolite PC 100 Velvet C2S with a universal coating optimized for HP Indigo (LEP), dry toner (EP) and offset lithography presses, available in weights ranging from 80 lb. text to 150 lb. cover. This single ply 150 lb. cover is unique to the industry. All products in the Astrolite PC 100 line have a matching shade. The surface is crafted using the best formulation chemistries for optimal LEP print performance. The Velvet coating provides an exquisite matte print surface that is unlike any other coated fine printing paper. The grades are available in a full range of sizes including 12×18” to 29.5×20.75” to accommodate the full portfolio of HP Indigo sheet fed digital presses.

2022 highlights • Sales increased by 19% to EUR 11,720 million (9,814 million in 2021) • Comparable EBIT increased by 42% to EUR 2,096 million (1,471 million), and was 17.9% (15.0%) of sales • Operating cash flow was EUR 508 million (1,250 million), impacted by cash outflows from energy hedges in highly exceptional energy markets • Net debt increased to EUR 2,374 million (647 million) and the net debt to EBITDA ratio was 0.94 (0.35). A significant part of the increase in net debt is temporary, due to the cash flow impacts of energy hedges and future energy generation • In April, UPM and the Paperworkers’ Union agreed on the first-ever business-specific collective labour agreements • In June, UPM announced the sale of the Steyrermühl site in Austria to secure competitiveness and adapt newsprint production to long-term market development • In September, UPM Raflatac completed the acquisition of AMC AG