Catalyst Announces Price Increases on Newsprint and Directory Papers Effective 7/1/18.

First Quarter 2022 Financial Highlights: *Produced revenue of $965 million, an increase of 8% compared to the prior year, primarily driven by higher revenue from TiO2 and pig iron *Generated income from operations of $69 million and net income of $16 million, inclusive of a one-time fee regarding the settlement agreement reached with Venator totaling $85 million including the break fee and related negotiated interest *Achieved GAAP diluted EPS of $0.10; adjusted diluted EPS of $0.60 (non-GAAP) primarily due to the settlement *Invested $103 million in capital expenditures and generated free cash flow of $86 million

Finland's industrial, logistics and electrical workers have agreed to extend strikes in protest against planned labour market reforms to a fourth week, the head of trade union association SAK said on Wednesday. The workers have been on strike since March 11, targeting exports, imports and cargo transportation. "The strikes will continue from Monday morning onwards for a week," SAK President Jarkko Eloranta told Reuters. "We are trying to negotiate and compromise with the government but unfortunately there has been no response to these efforts." Several of Finland's largest companies have said the strikes, which are disrupting ports and the rail system, are negatively affecting their operations.

Summary: *Operating profit for January–March was SEK 849 million (January–March 2020: 628). The increase in earnings can be attributed to higher prices and volumes for wood products, as well as lower production costs in paperboard. *Compared with the fourth quarter, operating profit increased by SEK 254 million due to rising prices for wood products and seasonally higher earnings from hydro power, as well as the negative impact on the previous quarter of a major maintenance shutdown in paperboard. *Profit after tax for January–March amounted to SEK 675 million (491), which corresponds to earnings per share of SEK 4.2 (3.0).