Kruger Announces Newsprint/UGW price Increase

Interfor Corporation announced that its wholly owned subsidiary, Interfor East Ltd. , has acquired a total of 28,684,433 common shares in the capital of GreenFirst Forest Products Inc. (“GreenFirst”) from Rayonier A.M. Canada G.P., which represents approximately 16.2% of GreenFirst’s issued and outstanding common shares. The total cash consideration was approximately C$56 million, or C$1.94 per share, and certain price protection provisions will apply in limited circumstances during a defined period following the transaction. This acquisition was made for investment purposes and builds upon, and is complementary to, Interfor’s recent expansion into Eastern Canada through the acquisition of EACOM Timber Corporation in February 2022.

Kimberly-Clark’s plan to make deep cuts in its workforce involves hundreds of employees in Wisconsin. According to the consumer products giant, it plans to close the Neenah Nonwovens facility within…

KPLP Q2 2020 Business and Financial Highlights • Revenue increased by $21.1 million or 5.8% to $386.8 million in Q2 2020 compared to $365.7 million in Q2 2019. Excluding the divested Mexico business, Q2 2020 revenue increased by $46.5 million or 13.7%. • Adjusted EBITDA was $64.4 million in Q2 2020 compared to $31.5 million in Q2 2019, an increase of 104.6%. • TAD Sherbrooke site progressing on time and on budget despite the temporary shutdown in Q1 2020 due to the implementation of strict COVID-19 protocols. • Declared a quarterly dividend of $0.18 per share to be paid on October 15, 2020.