Lenzing welcomes new core shareholder Suzano S/A

The Combined Locks paper mill formerly home to Appleton Coated will begin doing business under the name “Midwest Paper Group”. The new entity was established by Industrial Assets and Maynards after their October 2017 purchase of substantially all the assets of Appleton Coated LLC. The company restarted the facility in December. After the purchase, Industrial Assets took note of the highly experienced and dedicated workforce and focused on upgrading the mill’s production capabilities and fiber handling systems. “We have a made a significant investment in this mill and community. We are grateful for our customers, vendors and the team onsite which has allowed the company to continue its tradition of producing some of the highest quality paper in the industry.” said Steve Mattes, CEO of Industrial Assets Corp. Click Read More below for additional information.

Climate change requires everyone to use natural resources more efficiently, and more and more consumers demand sustainable products. The numbers relating to increased eco-awareness are quite substantial: over a third of consumers are prepared to pay up to 25 percent more for a more sustainable option and 85 percent of people indicate having shifted their purchase behaviour towards more sustainable options. Sustainability is becoming an important purchase criterion and 60 percent of consumers already consider it as such. Stora Enso’s pulp customers are getting more and more questions about their products’ sustainability and if these products are compostable. As responsibility lies at the heart of Stora Enso, we initiated a project to certify all our paper pulp grades as compostable. This means that Stora Enso’s paper pulp grades must fulfill specific compostability criteria according to EN 13432 standard; these are measured by an independent external party.

According to the report, total printing-writing paper shipments decreased 35 percent in May compared to May 2019. U.S. purchases of total printing-writing papers decreased 30 percent in May compared to the same month last year. Total printing-writing paper inventory levels decreased three percent when compared to April 2020. *Uncoated free sheet (UFS) paper shipments decreased 34 percent compared to May 2019, while the inventory level decreased four percent compared to April 2020. UFS imports and exports both decreased compared to April 2019, down 28 percent and 29 percent respectively. *U.S. purchases of coated free sheet (CFS) papers in May decreased 31 percent compared to last May, while the inventory level decreased two percent compared to April 2020. CFS imports and exports both decreased compared to April 2019, down two percent and 25 percent respectively. *Coated mechanical (CM) paper shipments decreased 36 percent compared to May 2019, while the inventory level decreased three percent compared to April 2020. CM imports and exports both decreased compared to April 2019, down 32 percent and 13 percent respectively. *U.S. purchases of uncoated mechanical (UM) papers in May decreased eight percent compared to last May while, the inventory level decreased three percent compared to April 2020. UM imports and exports both decreased compared to April 2019, down 27 percent and 42 percent respectively.