Nekoosa Exiting Digital Coated Category

Envi 96 Label is a high performance, brilliant white, Forest Stewardship Council Certified, wet strength label stock ideal for beverage and other consumer packaged goods labeling applications. Envi 96 Label is engineered to withstand the rigors of print and post-press processes, through the bottling line, onto the shelf or cooler, and finally into an ice bucket. Envi 96 is suitable for embossing, foil stamping and intricate die cutting and the brilliant white surface will make labels pop on a crowded store shelf. Click Read More below for additional information.

Designed for year-round use, including cold weather applications, REBEL® Removable multi-print media from Mactac® increases business opportunities for print service providers (PSPs). Rated for 32-degrees Fahrenheit and higher, Mactac’s REBEL Removable 500 series is known for its printability on multiple print platforms, including UV and solvent screen printing, solvent, eco-solvent and latex printing, UV inkjet and offset printing. It is available in bright white, matte, and clear finishes and comes with a 90# Superflat™ liner. It is ideal for point-of-purchase and promotional signage, decals, windows, indoor floor applications and more, and has a 2-year removability after application on most surfaces. The series’ high-performance films, including the popular matte white RB528R, offer 99-percent opacity built into the facestock, eliminating pigment interference to ensure pure adhesion to the application substrate.

The group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets, leading to a reduction in EBITDA to US$106 million for the quarter ended June 2023. Specifically, the paper businesses experienced a significant downstream destocking cycle. Customers reduced their inventories in anticipation of lower prices, thereby affecting demand. In response, we proactively curtailed excess production in Europe and North America, implemented various cost-saving initiatives across our operations, and applied measures to optimise working capital. The profitability of  the South African business was more stable, bolstered by the dissolving pulp business. Despite the challenging economic environment, we generated cash in the quarter and liquidity in the group remained strong.