Crown Van Gelder & Eneco

Domtar Corporation announced that it has entered into a definitive agreement to sell its Personal Care business to American Industrial Partners (AIP) for $920 million. The sale of Domtar’s Personal Care business represents the culmination of a process announced on August 7, 2020, during which the Company undertook a comprehensive strategic review of value-creating alternatives for the business. With this sale, Domtar is reinforcing its focus on building an industry-leading Paper, Pulp and Packaging company to deliver long-term shareholder value. “This transaction represents a milestone in Domtar’s ongoing portfolio transformation and further advances our strategic initiatives that will position Domtar for a sustainable and successful future,” said John D. Williams, President and Chief Executive Officer of Domtar.

Total European shipments of graphic papers for July 2022 were down 12.0% vs. July 2021 and were down 10.5% year-to-date. Total European shipments of newsprint for July 2022 were down 11.0% vs. July 2021 and were down 7.4% year-to-date. Total European shipments of sc-magazine for July 2022 were down 27.5% vs. July 2021 and were down 13.6% year-to-date. Total European shipments of coated mechanical reels for July 2022 were down 14.8% vs. July 2021 and were down 20.2% year-to-date. Total European shipments of uncoated mechanical (improved & others) for July 2022 were down 19.7% vs. July 2021 and were down 13.3% year-to-date. Total European shipments of coated woodfree for July 2022 were down 5.7% vs. July 2021 and were down 0.3% year-to-date. Total European shipments of uncoated woodfree for July 2022 were down 5.8% vs. July 2021 and were down 11.0% year-to-date.

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.