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

Resolute Forest Products Inc. expressed praise for Wednesday's filing by the Government of Canada at the World Trade Organization (WTO). Canada launched a wide-ranging complaint against the United States, challenging a host of measures inconsistent with its WTO obligations. Resolute applauds the Canadian action, standing up for Canadian jobs and families, the company's customers and business partners in the United States, and the international rule of law. "Resolute has been a victim of this pattern of behavior by the United States Department of Commerce. We are repeatedly confronting the same discredited protectionist policies when we fairly sell paper and lumber to American consumers who need and want these products," stated Richard Garneau, president and chief executive officer. Click Read More below for additional information.

Highlights: * Q4, 2017 adjusted operating income of $190.8 million, aided by improved lumber unit sales realizations and record-high pulp and paper earnings; operating income of $598.5 million and record-high sales of $4.66 billion in 2017 * Adjusted net income of $114.8 million, or $0.89 per share; $363.4 million, or $2.77 per share, for 2017 * CVD/ADD duty deposit rate reduced from 27.98% to 20.52% following final determination by US Department of Commerce; combined duty expense of 14.34% recorded in fourth quarter of 2017 to reflect impact of updated sales and cost data on ADD rate in 2017 * Net debt of $97.5 million, or 4.6% net debt to total capitalization, at December 31, 2017 * Construction of new state-of-the-art US$120 million greenfield sawmill in Georgia approved by Board of Directors: 275 million board feet of high-value dimension Southern Yellow Pine lumber. Click Read More below for additional information.

After 16 years of pulp production, the 10 millionth tonne of pulp rolled off the production line at the Arneburg Mercer Stendal pulp mill on October 14, 2020. It is an expression of 18 years of successful work at the Arneburg site and marks a remarkable milestone in the development of the company. After the short 2-year construction phase of the Mercer Stendal mill, which went according to plan, the first pulp rolled off the production line in July 2004. In the following years, the company succeeded in establishing itself successfully in the market. With products of high quality and high reliability, Mercer Stendal has succeeded in developing stable customer relationships in Europe and Asia. In some areas, the Arneburg mill has set new standards in global pulp production. With the operation of the largest biomass power plant in Germany with high energy and plant efficiency, the plant is also symbolic of the energy turnaround.