Mercer International Inc. reports fourth quarter and year end 2020 results

Fortress Paper Ltd. announces that its wholly-owned subsidiary, Landqart AG, has received notices from one of its significant international customers cancelling that portion of purchase orders which were scheduled for production and delivery by the Landqart Mill in the fourth quarter of 2017 and in fiscal 2018. The cancelled purchase orders represent approximately 16% of the budgeted order book at the Landqart Mill for fiscal 2017 and 30% for fiscal 2018. Despite other suppliers experiencing similar cancellations, Landqart continues to have dialogue with the customer to potentially reinstate all or a portion of the cancelled orders over an extended period of time within fiscal 2018. There are no assurances that any reinstatement will be forthcoming. Management is seeking to fill the production void caused by the cancellations and is deploying various strategies, including: (a) pulling forward existing purchase orders, (b) seeking new orders from existing and new customers, and (c) requesting special one-time supplemental orders from existing customers for immediate production. Click Read More below for additional information.

Three Domtar facilities were among a group of nearly 150 South Carolina-based companies recognized for outstanding workplace safety at the South Carolina Chamber of Commerce’s annual safety awards ceremony. The Marlboro Mill, Tatum Converting Center and Rock Hill Converting Center received the award based on their lost workday case rate during the calendar year. “When you talk to businesses throughout the state, one of the biggest issues you hear about is the importance of keeping workplaces and employees safe,” says South Carolina Chamber Interim CEO Swati Patel. “We are proud to recognize the companies on this list for taking steps in 2020 to make safety a top priority.” While 2020 brought many challenges to our operations, we established new processes and guidelines to ensure we were doing everything we could to protect employees’ health and safety. Throughout the year, we adapted our work to keep employees and our communities safe.

The Navigator Company announced today that it will increase tissue prices by 8 to 10% in the Iberian markets and above 10% outside Iberia. This increase will be effective for all dispatches from 1st of December. The Company will inform its clients shortly about the details of the new prices to be applied. This decision was taken following the generalised and very significant price hikes in many input cost, notably in commodities like chemical products, packaging products (plastics and containerboard), logistics, and pulp, being the latter the main cost factor for tissue production. The world index for pulp increased, to this date, 78% since January. Electricity costs are 3,6 times higher than in 2020 in Portugal; natural gas is 5,8 times higher. Similar trend is verified across all European countries.