Sappi Europe to increase prices on LWC and MWC grades by 6-8% from January 1st 2018

Stora Enso has signed an agreement to divest its Nymölla paper production site in Sweden, and all related assets to Sylvamo, a US-based global producer of uncoated paper. The enterprise value is EUR 150 million. Closing is expected in the beginning of 2023, subject to regulatory approvals. The Nymölla site’s capacity is 485,000 metric tonnes of woodfree uncoated office papers, with Multicopy as the leading paper brand. Based on the 2021 figures, the divestment is expected to reduce Stora Enso’s annual sales by approximately EUR 290 million. Stora Enso will, at closing, book a one-time disposal loss of approximately EUR 20 million in its IFRS operating profit, as an item affecting comparability, subject to closing date adjustments.

We’ve heard it a few times: Of the many products we manufacture each day, Cougar® paper is one of our employees’ favorites — and it’s a favorite of printers and designers who choose the brand for memorable projects. But did you know Cougar paper may also be one of the coolest things made in Wisconsin? From greeting cards and bestsellers to tour posters and luxury-brand marketing materials, Cougar paper is used every day to help people, artists and brands make their mark. We’ve improved the Cougar paper line over the years by adding Cougar Natural and Cougar Digital Color Copy to the assortment and adjusting its shade from green-white to blue-white to its beloved, balanced white shade. Cougar’s extensive line includes three finishes, two shades, an expanded digital offering and a vast array of sizes and weights, ensuring our customers can bring creativity to life and create a memorable story.

We are announcing a US$70/MT (45 gsm) newsprint price increase to be phased in over two months. The price will increase by US35/MT (45 gsm) effective with shipments on or after April 1, 2018 and a second US$35/MT (45 gsm) will be implemented on shipments on or after May 1, 2018. The transaction price for all other basis weights and other Uncoated Groundwood products (Krubook and Krubrite) will be adjusted accordingly.