Lecta Increases Prices of Thermal and Carbonless Papers for New Orders

“We delivered a strong third quarter with strong earnings growth, above expectations, driven by higher volume and productivity gains,” said Deon Stander, president and CEO. “Both our Materials and Solutions Groups delivered strong bottom-line growth. “In Intelligent Labels, we are delivering another year of strong growth and continue to see significant opportunity ahead. Adoption of our solutions in new categories is increasing, particularly in Food, as the value of our technology in helping address key industry challenges continues to resonate with customers. “We have raised our full-year outlook for adjusted earnings per share. We continue to remain confident that the consistent execution of our strategies will enable us to meet our long-term goals for superior value creation for all our stakeholders,” added Stander. “Once again, I want to thank our entire team for their continued resilience, focus on excellence and commitment to addressing the challenges at hand.”

Tom Pazdera has been named the new Vice President and General Manager of ND Paper’s Rumford Division. Pazdera brings three decades of experience with internationally recognized companies including International Paper, MeadWestvaco, Boise Paper and, most recently, as President and Unit Head of AV Terrace Bay, in Ontario, Canada, where he oversaw day-to-day operations of an 1,100 tons per day NBSK plant. “Tom brings incredible knowledge and industry experience that will prove instrumental in helping us create a new era of growth and success at our Rumford Division,” said ND Paper CEO Ken Liu. “Because beyond operations and management of our largest facility, Tom will also be critical in helping us execute the continued capital transformation program for the division and the company.” In addition to his background as a project engineer, Pazdera has guided business operations and management teams at several largescale paper manufacturing sites across the country during crucial turning points. “Tom is a proven leader of transformational organizations, because he brings the personable leadership as well as the technical knowledge to advance our operations during a critical time,” confirmed Michael LaVerdiere, ND Paper Executive Vice President and COO.

Domtar Corporation announced it will restart a paper machine at its Ashdown, Arkansas, mill to add the capacity necessary for the company to meet increasing customer demand. After a period of time to ramp up production, the machine is expected to resume full operation in January 2022, allowing Domtar to add 185,000 tons of uncoated freesheet capacity to its manufacturing network. The strategic initiative will help the company maintain its leadership position in the North American uncoated freesheet paper market and deliver the service and quality its customers expect. The company estimates the restart will cost approximately $10 million. A portion of the increased paper capacity may be utilized to increase thermal coated paper capacity at Domtar's West Carrolton, Ohio, facility to meet improving demand for its thermal point of sale paper.