Kruger Announces Newsprint Price Increases

BillerudKorsnäs today announces that negotiations with labour unions over a proposal for new organisation will be initiated within short. The proposal contains a full profit and loss responsibility in three divisions. “During my first months with BillerudKorsnäs, it has become clear to me that we have great conditions for profitable growth. In order for us to take maximum advantage out of these conditions, we need to become faster and clarify accountability within the company. This we now want to accomplish through a new organisation in three divisions with full profit and loss responsibility”, says Petra Einarsson, President and CEO of BillerudKorsnäs. Click Read More below for additional information.

The Group's comparable net sales growth was 5% with all segments making good progress. Comparable growth in emerging markets was 8%. In absolute terms growth was strongest in Eastern Europe, India, and Middle East and Africa. The Group's reported net sales declined and were EUR 725 million (EUR 739 million). The Group's reported earnings declined but in comparable currencies the Group's earnings improved slightly compared to the previous year. Foodservice Europe-Asia-Oceania segment's earnings increased significantly as a result of sales growth and operational efficiency. Fiber Packaging segment's earnings grew as well, while earnings in Flexible Packaging and North America segments declined. Click Read More below for additional information.

Sappi North America announces a transactional price increase on new and unconfirmed orders that book with confirmed delivery dates on or after Monday, January 15, 2018 on the following products: A $2.00 per CWT US$/$2.56 per CWT CAD$ increase on: Flo Folio Sheets, Digital Sheets and Sheeter Rolls – all basis weights, all finishes, EuroArt Folio Sheets and Digital Sheets – all basis weights, all finishes. Standard differentials and upcharges apply. This price increase includes all private label programs.