Midwest Paper Group Announces Price Increase on UFR Grades

*Second quarter 2020 net earnings of $0.34 per share; earnings before items1 of $0.36 per share *Announces significant cost savings program with expected annual savings of $200 million *Execution of asset repurposing plan with conversion of Kingsport, TN and Ashdown, AR *Commences review of strategic alternatives for Personal Care Division - click read more below for details

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.

Resolute Forest Products announces production cuts to their paper business in Calhoun. The company will close paper machines #3 & #5 at the Calhoun plant. That will cost 222 jobs to the operation on the Hiwassee River at the McMinn/Bradley line. The company says they are still committed to the remaining operations at the plant. 491 workers will remain. Resolute has recently expanded operations there, investing in a tissue machine and converting operation, and a continuous pulp digester. Both will remain in operation. Click Read More below for more of the story.