NORPAC Announces Price Increase for Newsprint grades

Kruger has announced a US$40/MT (45 gsm) newsprint price increase effective on all shipments made on or after June 1, 2018. The transaction price for all other basis weights and other Uncoated Groundwood products (Krubook and Krubrite) will be adjusted accordingly.

Billerud's North America President, Robert Kreizenbeck, is leaving the company. “I would like to express a big thank you to Robert for his contributions during Billerud's startup phase in North America. He has been a key person in the integration work. I wish him all the best for the future”, says Christoph Michalski, Billerud’s President and Chief Executive Officer. Robert Kreizenbeck will be leaving Billerud later in March. A successor for the role will be announced in due course.

Schweitzer-Mauduit International, Inc. and Neenah, Inc. announced the future name of the combined company upon completing the pending all-stock merger of equals. Each company’s shareholders are scheduled to vote on the transaction on June 29, 2022. The transaction is expected to close on or around July 1, 2022, subject to Neenah and SWM shareholder approval, approval by antitrust authorities in Poland, and other customary closing conditions. Upon close, the new company name will be Mativ, Inc. (“Mativ”) and its shares will begin trading on the NYSE under the ticker symbol "MATV." The "SWM" and "NP" ticker symbols will be deactivated.