Due to insufficient results and the significant cost increases for pulp and other raw materials, chemicals and logistics Papierfabrik August Koehler SE is increasing its prices for all products by 7 – 12 % for deliveries from January 1st 2018 onwards.
https://www.koehlerpaper.com/en/service/news/meldungen/Price-increase-16-10-2017.php
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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. "
Norske Skog’s EBITDA in the third quarter of 2024 was NOK 91 million, a decrease from NOK 471 million in the second quarter of 2024. Norske Skog implemented price increases for both containerboard and newsprint during the quarter to mitigate continued cost increases. Norske Skog received excellent feedback from containerboard customers as deliveries continued to grow. Despite signs of positive market developments for Norske Skog in the publication and containerboard markets, these markets are still experiencing excess capacity, thus closures are still required. “We are receiving excellent feedback from our customers on the quality of our containerboard products, which bodes well for our plan to deliver a total of 760,000 tonnes of packaging paper from Bruck and Golbey to the market in the coming years. We are particularly pleased to have strengthened our position in the newsprint market by increasing our market share through higher sales volumes in the third quarter of 2024 compared to the same quarter last year, especially in a declining market for publication paper,” says Geir Drangsland, CEO of Norske Skog.
Sole Source Capital LLC, an industrial-focused private equity firm, announced today that its portfolio company, I.D. Images (“IDI”), a premier provider of product identification solutions, has made three significant acquisitions over the past five months. IDI’s acquisitions of Digital Printing Concepts, Multi-Action Communications, and Valley Forge Tape & Label Company have more than doubled the size of the company and extended its reach to several new markets across the U.S. and Canada since it became a Sole Source Capital portfolio company in August 2021. Terms of the transactions were not disclosed. IDI manufactures high-quality durable and graphic intensive labels that address a broad range of product identification needs for a variety of end markets. Digital Printing Concepts, founded in 2003 and based in East Providence, RI, is a manufacturer of custom durable variable data labels that are utilized in warehouse logistics. Headquartered in Quebec, Canada, Multi-Action Communications is a manufacturer of logistics, grocery, track-and-trace, and prime labels to customers throughout Canada and the United States. The company was founded in 1993 and operates out of three manufacturing facilities across Canada. Based in Exton, PA and founded in 1962, Valley Forge Tape & Label Company is a longstanding, full-service manufacturer of custom printed self-adhesive labels for the Food and Beverage, Healthcare, and Consumer Products industries.