Mercer International Inc. reports second quarter and first half 2021 results

Continuing its leadership in sustainability, the American Forest & Paper Association announced Better Practices, Better Planet 2030: Sustainable Products for a Sustainable Future, a new set of sustainability goals for the paper and wood products industry. “We have been and will continue to be a leader in sustainability,” said AF&PA President and CEO Heidi Brock. “The paper and wood products industry was one of the first U.S. manufacturing industries to adopt quantifiable sustainability goals back in 2011, and today these new ambitious goals will build upon that success in the decade ahead.” Better Practices, Better Planet 2030 advances the industry’s comprehensive sustainability record over the last decade and includes a transparent reporting process for achieving each goal. “Sustainable practices are at the foundation of this industry, which manufactures essential and innovative products used by millions of Americans each day, from renewable resources,” said Graphic Packaging President and Chief Executive Officer and AF&PA Board Chair Mike Doss. “We have a strong track record of delivering on sustainability commitments and these goals will guide our progress further into the future.”

Highlights first 9 months 2017 (vs. first 9 months 2016): * Paper volume hits new record level of 1 158 thousand tons (up 3 thousand tons), with average price still lower than last year * Turnover up +5% with strong performance in pulp, energy and tissue business: − Pulp sales grow 32% in value, with volume and price both rising − Power sales up 16%, reflecting successful operation of power generation assets − Tissue sales grow by 11% in volume and value * EBITDA of € 300 million in line with previous year and EBITDA/sales margin of 25% (vs. 26%). Click Read More below for additional information.

GT2 Redevelopment LLC, a Joint Venture of New Mill Capital Holdings, Infinity Asset Solutions and Camjay LLC, has acquired the assets of Pixelle Specialty Solutions in Jay, ME. The acquisition includes the real estate of the main paper mill site as well as all mill equipment and the adjacent cogeneration power plant. “We are thrilled to have acquired the Jay mill and plan on making a significant investment to bring economic life back to the property,” said Tony McDonald, President of Camjay. “The site’s heavy infrastructure can be repurposed for a variety of industrial uses, and we have already started the process of identifying potential new users for the property.”