Sappi Europe increases price for dye sublimation and large format inkjet papers

One of Susan Gionet’s favourite days of the year? Delivering new books for young students at Glen Falls school in Saint John. The books go to Glen Falls School Literacy Night, hosted annually for parents and students. “We have family-friendly, fun activities for parents and students planned,” said Jill Nylen, Community Schools Coordinator at Glen Falls. “With the help of Irving Paper and their donation of books and prizes, this will help our students build their home libraries.” “We are always thankful for our partnership with our Irving Paper PALS,” she said. “Their willingness to support our students and our school is overwhelming. It’s nice to have a partnership where our students benefit greatly.” Click Read More below for additional information.

Mativ Holdings, Inc. announced two appointments to its executive leadership team. Mark W. Johnson will succeed Ricardo Nuñez as chief legal officer, general counsel and secretary for the ~$3 billion specialty materials company. Johnson will assume the leadership of the company’s legal team on September 1, 2023, from Nuñez, who will be departing the company the same day. Additionally, Rajeev Kapur has been named Mativ’s new chief information officer, effective immediately. Both Kapur and Johnson will report directly to Mativ chief executive officer Julie Schertell.

• First quarter 2018 net income of $24 million and EBITDA of $86 million • Diluted earnings per share of $0.38; 153 percent increase from prior year • Pulp contributed significant EBITDA; Forest Products delivered solid profitability despite duties on U.S. sales; High Purity Cellulose impacted by production issues in two facilities and a spike in energy costs • Integration of Tembec progressing as planned with significant contributions to first quarter profitability • $7 million of transformation and synergy savings achieved; on track to meet 2018 target of $40 million. Click Read More below for additional information.