Holmen and SCA evaluates a new sawmill in Rundvik

Solenis is expanding production at its Ankleshwar facility in India to manufacture its next-generation Pergafast™ 425 color developer for the thermal paper market. Part of Solenis’ imaging product line, the patented Pergafast™ 425 provides additional performance capabilities as compared to the company’s well-known Pergafast™ 201 color developer. Color developers are used in the formulation of the coating layer in thermal papers. They play a key role in developing the image on the paper when exposed to heat in the thermal printing process. Thermal paper is used in various applications, such as supermarket receipts and packaging labels. “With this new expansion, we intend to support our customers in their journey towards more sustainable products,” said Christophe Zebst, director, Product Management.

INTERFOR CORPORATION recorded net earnings in Q3’17 of $16.8 million, or $0.24 per share, compared to $24.5 million, or $0.35 per share in Q2’17 and $15.1 million, or $0.22 per share in Q3’16. Adjusted net earnings1 (which takes into account the effects of share-based compensation expense and non-recurring items) in Q3’17 were $20.0 million or $0.29 per share, compared to $28.7 million, or $0.41 per share in Q2’17 and $20.7 million, or $0.30 per share in Q3’16. Adjusted EBITDA1 for Q3’17 was $60.5 million (or $70.0 million excluding the impact from $9.4 million of softwood lumber duties expense), on sales of $489.2 million versus $77.4 million on sales of $511.4 million in Q2’17. Notable items in the quarter included: * Mixed Benchmark Lumber Prices and Stronger Canadian Dollar * Total lumber production was 645 million board feet, or 10 million board feet fewer than the prior quarter. Click Read More below for additional information.

Tembec Inc. (TSX: TMB) (“Tembec”) announced today that Institutional Shareholder Services (“ISS”) has recommended that shareholders of Tembec vote FOR the proposed plan of arrangement (the “Arrangement”) involving the acquisition by Rayonier Advanced Materials Inc. (“Rayonier AM”) of all of the outstanding shares of Tembec (the “Tembec Shares”). In connection with this recommendation, ISS noted that: "The proposed premium offer consideration provides shareholders with flexibility to participate in the growth opportunities associated with the combined business of increased size, scale and liquidity and/or to receive the consideration in the form of cash that provides immediate liquidity (subject to proration limits).