Interfor Announces Temporary Production Curtailments in Q4’22

As a next step in the capacity development of Rottneros Mill, Rottneros’ Board has granted further investments in the CTMP line. The investment, CTMP Step 2, increases capacity by approximately 18,000 tonnes per year and is expected to be operational in the fall of 2018. The investment follows the strategic development plan Agenda 500, where a first capacity-enhancing investment in the CTMP line was made in 2016. Within Agenda 500, Rottneros Mill has put into operation a bio mass boiler in the third quarter of 2017 that replaces an oil-based boiler and made the mill practically fossil-free. The expansion of the purification plant is an ongoing investment that is expected to be put into operation in 2018. The Rottneros Mill has a strong position as a supplier of high yield pulp. With increased capacity, we ensure that Rottneros can be a reliable supplier of CTMP and an attractive partner for our customers, says Lennart Eberleh, President and CEO of Rottneros AB. Click Read More below for additional information.

Headquartered in Nova Scotia, Port Hawkesbury Paper (PHP) is the leading producer of supercalendered papers in North America, manufacturing SCA+ and SCA++ products for use in catalogs, magazines and retail inserts, as well as specialty papers. The company’s paper production capacity includes three thermomechanical (TMP) pulp lines that supply high-quality fiber to the papermaking process. PHP ships its products to customers throughout North America and around the world. “Port Hawkesbury Paper is pleased to support Two Sides North America because we share similar objectives when it comes to the long-term sustainability of our company, our industry and the resources that supply us,” says Port Hawkesbury Co-Manager Bevan Lock. “Our aim is to provide long-term ecological, social and cultural sustainability while managing and maintaining a sustainable wood supply and economic viability for our company, local wood suppliers and sawmills.”

Q3/2020 compared with Q3/2019 • Net sales decreased by 8.0% to EUR 654.5 million (711.3), mainly due an adverse currency effect and lower average selling prices • Comparable EBITDA decreased to EUR 78.9 million (83.6), representing 12.1% (11.7) of net sales, impacted by scheduled maintenance shutdowns • Operating result of EUR 32.9 million (34.3) • Net result EUR 15.5 million (12.0). Q1-Q3/2020 compared with Q1-Q3/2019 • Net sales decreased by 9.9% to EUR 1,994.1 million (2,214.1), mainly due to lower average selling prices and volumes as well as an adverse currency effect • Comparable EBITDA increased to EUR 244.7 million (242.4), representing 12.3% (10.9) of net sales, driven by lower variable costs, which more than offset lower selling prices and sales volumes • Operating result of EUR 132.5 million (87.2), including a capital gain of EUR 32.0 million from the sale of the fine art paper business • Net result EUR 71.2 million (30.9)