Production disruptions impact profit negatively at BillerudKorsnas

According to the July 2017 Printing-Writing Monthly report from the American Forest & Paper Association, total printing-writing paper shipments decreased five percent in July compared to July 2016. This is the eleventh consecutive year-over-year decrease following a modest fractional increase in August 2016. All four printing-writing grade categories posted year-over-year shipment declines in July. Total printing-writing paper inventory levels increased two percent from June 2017. •July uncoated free sheet (UFS) paper shipments decreased year-over-year at the lowest rate since the last increase in August 2016. Imports of UFS decreased by 22% year-over-year in June while exports of UFS papers increased 41% year-over-year in June. The 68,200 tons exported in June was the highest level of UFS exports since March 2015. •Shipments of uncoated mechanical (UM) papers decreased year-over-year in June for the 13th consecutive month. Imports of UM increased 8% year-over-year in June while exports of UM decreased 14% year-over-year in June. •July shipments of coated free sheet (CFS) papers declined for the second consecutive month following the only year-over-year increase in 2017. Shipments of coated one-side free sheet papers decreased three percent year-over-year in July but remain flat for the year-to-date. U.S. imports of CFS papers increased 8% year-over-year in June while exports of CFS papers decreased 4% year-over-year in June. •Coated mechanical (CM) paper shipments declined year-over-year in July, the second consecutive decline. Imports of CM decreased in June, down 5% compared to June 2016 while exports of CM increased 12% in June.

Tronox Holdings plc, the world’s leading integrated manufacturer of titanium dioxide pigment, announced that its Board of Directors appointed John D. Romano, Executive Vice President, Chief Commercial and Strategy Officer, and Jean-François Turgeon, Executive Vice President and Chief Operating Officer, as co-Chief Executive Officers on an interim basis, effective immediately. In addition, Ilan Kaufthal, Lead Independent Director, has been elected Chairman of the Board on an interim basis, effective immediately. Chairman and Chief Executive Officer Jeffry N. Quinn will take a leave of absence, effective immediately. On December 24, 2020, Mr. Quinn alerted the Board that he had been referenced as an unnamed individual in a Securities and Exchange Commission civil complaint and related criminal complaint regarding alleged insider trading by the defendant named in the complaints in the shares of Ferro Corporation in February and March of 2016.

Ahlstrom-Munksjö reinforces its leading position in high performance solutions for durable applications, by launching Ahlstrom-Munksjö FibRoc®. The Fibroc® platform will bring together a wide range of high performance products under the same brand, making it easier for business partners to recognize and understand the offering across the value chain. “Thanks to its unique know-how and very wide technological platform, Ahlstrom-Munksjö has been able to create, throughout the years, an extensive range of high performance solutions specifically designed for durable applications,” says Daniele Borlatto, Executive Vice President, Filtration & Performance. “As the demand of high performance media for durable applications continues to grow, including in the building industry, we saw a need to create a new product platform to simplify our product offering and make it easier for the major stakeholders along the value chain to understand our offering,” he adds.