Irving Paper Price Increase Announcement

GreenFirst Forest Products Inc. is pleased to announce that its subsidiary, GreenFirst Forest Products (QC) Inc. has entered into an agreement to sell its interest in approximately 203,000 acres of private forest land to Perimeter Forest Limited Partnership for cash consideration totaling $49.25 million. The Property is located in the boreal forest south of Kapuskasing, Ontario. “The sale of these lands will allow Perimeter to foster long term ecosystem benefits on the Property and unlocks hidden value for GreenFirst shareholders.” Daniel Andres, Perimeter’s Chief Operating Officer noted that “GreenFirst’s legacy of good stewardship of the land combined with its attractive ecological features were value drivers for Perimeter”.

Fortress Paper Ltd. reported 2017 third quarter operating EBITDA of $0.2 million, a decrease of $7.4 million relative to the comparative prior year period and a decrease of $4.1 million over the previous quarter. The Security Paper Products Segment generated operating EBITDA of $1.8 million, the Dissolving Pulp Segment generated operating EBITDA loss of $0.5 million, and corporate costs were $1.1 million in the third quarter of 2017. Click Read More below for additional information.

Lecta expands its offering of Adestor self-adhesive products for the healthcare industry with the launch of Adestor Laser 60 LB DfE. Hospitals and laboratories handle chemical samples and tests that require a high degree of traceability to ensure the monitoring of all the coded data on test tubes. The identification of the containers, through variable labeling, requires label integrity, both in terms of adhesion and data legibility. The new Adestor Laser 60 LB DfE facestock, with greater environmental efficiency, provides excellent performance for all small-diameter labeling applications used in the most frequently performed analysis processes in laboratories. This new product is also ideally suited to different variable data printing technologies.