Nekoosa discontinues MagneCote®

While the merger of Domtar and Paper Excellence has been approved by the Competition Bureau of Canada, part of the approval means the Kamloops pulp mill must be sold to a third party. On May 11, 2021, Paper Excellence and Domtar, based on Montreal and Fort Mill, S.C., entered reached an agreement for Richmond-based Paper Excellence to purchase Domtar for $55.50 per share, a deal worth about $3 billion in United States currency.
The merger agreement had a provision that limited the obligation to divest assets to no greater than 410,000 dried metric tons of softwood kraft pulp. The Domtar pulp mill in kamloops has 408,000 tons of production and is the company’s only kraft pulp mill in B.C. that is part of the deal. The Competition Bureau of Canada has concluded that the merger would likely lessen competition substantially for the purchase of wood fibre — a key input in the manufacture of pulp — from the Thompson/Okanagan region.

UPM Raflatac, one of the world's leading suppliers of self-adhesive label materials, has completed its acquisition of the assets of Irving, Texas-based Southwest Label Stock. Both parties have agreed not to disclose the purchase price or other transaction details. This acquisition will allow UPM Raflatac to expand its reach in the Texas and the Southwestern U.S. label markets by being highly responsive and offering a wider range of its high-quality products with fast turnaround. UPM Raflatac is also excited to announce a continuation and expansion of Southwest Label Stock's well-known small roll service. With this service, UPM Raflatac customers will be able to purchase single rolls of laminate trimless at 2,500 feet, shipped in boxes throughout North America. Click Read More below for additional detail.

January–December 2022 compared with January–December 2021 *The carrying amount of SCA’s forest assets increased to SEK 97.9bn (84.5) as of December 31, 2022 due to continued increase in transaction prices for forest assets in Northern Sweden. *Net sales increased 10% to SEK 20,794m (18,822), which mainly related to higher selling prices in containerboard and pulp. *EBITDA increased 12% to SEK 10,194m (9,109). The increase was mainly attributable to higher selling prices. Cost increases were largely offset through control over SCA’s own value chain with a high degree of self-sufficiency in wood, energy, and logistics. EBITDA margin was 49.0% (48.4). *Operating profit increased to SEK 8,642m (7,634). *Operating cash flow was SEK 5,685m (5,216) and fully financed ongoing strategic capital expenditures.