EuroGraph Publishes Monthly Statistics of the European Graphic Papers Industry

Sappi Maastricht and the Belvédère Wijkontwikkelingsmaatschappij (Neighborhood Development Company, WOM) of the Municipality of Maastricht have signed an agreement that will finalize the sale of the southwestern part of the Maastricht paper mill site to the WOM. The sale and subsequent purchase of this land creates a win-win situation for both parties as well as to the local area and will have no negative impact on employment at the Sappi site. In order to survive in this shrinking market and to guarantee continuity and employment, Sappi Maastricht started three years ago with the transition into luxury packaging board. This activity mainly takes place on the north side of the company site. The southwestern part is therefore less intensively used and was eligible for sale to the WOM. Ferdinand Koster, director of Sappi Maastricht commented: "This sale makes it possible for us to invest in the future of Sappi Maastricht. We will use the resources to improve internal logistics and additionally improve the sustainability of our production processes. "

KPLP Q3 2022 Business and Financial Highlights • Revenue was $427.0 million in Q3 2022 compared to $391.4 million in Q3 2021, an increase of $35.6 million or 9.1%. • Net loss was $38.8 million in Q3 2022 compared to $9.3 million in Q3 2021, a decrease of $29.5 million. • Declared a quarterly dividend of $0.18 per share to be paid on January 16, 2023.

Domtar Corporation announced that President and CEO John Williams’ retirement date will be June 30, 2023. Williams has planned to leave the company after fourteen years in his leadership role; however, he will continue as a part-time advisor regarding strategic growth opportunities. Additionally, to continue Domtar’s forward momentum, Steve Henry, currently Senior Vice President of Packaging, has been appointed to the role of Executive Vice President (EVP) and Chief Operating Officer (COO) effective immediately. As EVP and COO, Henry will lead the pulp, paper and packaging operations and commercial functions at Domtar, while Williams will continue to lead all corporate functions until his retirement. “On behalf of Domtar and the Management Committee, I want to thank John for his leadership and commitment to our employees, customers and communities over the past fourteen years,” said Henry. “He joined the company during a recession and has navigated ever-changing industry dynamics and economic fluctuations to transform Domtar into the strong pulp, paper and packaging company that it is today. I am honored to build on his legacy and continue serving our stakeholders.”