Clearwater Paper Suspends Idaho Operations Due to Regional Natural Gas Pipeline Incident

Billerud has appointed Doug Schwartz as President Billerud North America and member of the company’s Group Management Team, effective 30 September. Doug Schwartz has extensive experience in the U.S. forest and paper industry, including serving in key leadership roles at companies such as Sonoco Products Company (Sonoco), International Paper and Champion International Corporation. He most recently held the position of Vice President and General Manager, Rigid Paper Containers at Sonoco. “I am very happy that Doug, with his proven track record, will now lead our North America operations, which are integral to Billerud’s business and growth strategy. Together with our competent American team, he will continue our commitment to serve our customers by delivering our core products—graphic paper, specialty papers, and pulp, as well as cartonboard and other packaging materials. At the same time, he will lead the team in identifying strategic product development initiatives to diversify and expand our product portfolio," says Ivar Vatne, Billerud CEO and President.

Rayonier Advanced Materials Inc. and Tembec Inc. announced that they have received notification of clearance from Germany's Federal Cartel Office in connection with the previously announced proposed statutory arrangement under Section 192 of the Canada Business Corporations Act involving the acquisition by Rayonier AM of all of the outstanding shares of Tembec. Subject to obtaining the approvals of the holders of Tembec Shares and the Québec Superior Court and other necessary approvals and clearances, as well as the satisfaction or waiver of the conditions to the Transaction, it is expected that the Transaction will be completed by the end of 2017.

Total European shipments of graphic papers in February 2022 were down 6.2% vs. February 2021 and are down 5.0% year-to-date. Total European shipments of newsprint in February 2022 were down 2.9% vs. February 2021 and are down 2.0% year-to-date. Total European shipments of sc-magazine in February 2022 were down 11.7% vs. February 2021 and are down 4.2% year-to-date. Total European shipments of coated mechanical reels in February 2022 were down 15.0% vs. February 2021 and are down 13.9% year-to-date. Total European shipments of uncoated mechanical (improved & others) in February 2022 were down 10.1% vs. February 2021 and are down 6.8% year-to-date. Total European shipments of coated woodfree in February 2022 were UP 6.7% vs. February 2021 and are UP 8.0% year-to-date. Total European shipments of uncoated woodfree in February 2022 were down 7.5% vs. February 2021 and are down 9.4% year-to-date.