Sappi increases prices for its LWC and MWC grades prices by 6-8% from July 1st 2018 for all markets due to continued cost increases and strong demand. This follows previous announcements made for its woodfree coated and woodfree uncoated grades.
https://www.sappi.com/sappi-increase-lwc-and-mwc-grade-prices
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The collection, presented under the slogan "Creaset ENDLESS POSSIBILITIES", comes in two unique A5 envelopes printed on CreatorSilk 300 g/m2 coated semi-matte paper. Each envelope contains printed samples of all the papers in the collection together with images of the final applications illustrating the numerous label and packaging possibilities that the Creaset range offers. The entire Creaset range is manufactured with ECF woodfree pulp and is produced in accordance with ISO 14001 and EMAS environmental management standards, ISO 50001 energy management standard, ISO 9001 quality management standard and OHAS 18001 occupational safety and health management standard. In addition, it is all available with PEFCTM and FSC® Chain-of-Custody forest certifications upon request.
Norske Skog’s EBITDA in the third quarter of 2023 was NOK 327 million, a decrease from NOK 380 million in the second quarter of 2023. The main driver for the lower third quarter EBITDA was lower publication paper sales prices. The cash flow from operations in the quarter was NOK 173 million. Deliveries of packaging paper increased according to ramp-up plans, and Norske Skog Bruck received favourable quality feedback from customers. The Norwegian government proposed to increase the quota price floor for receiving CO2-compensation. “We are very pleased by the positive feedback from our containerboard customers, and that we are well underway to become one of the leading independent supplier of recycled containerboard in Europe. At the same time, we are maneuvering our mills to be as cost effective as possible. By the end of the fourth quarter 2023, Saugbrugs PM5, in addition to PM4, will produce and deliver quality SC magazine paper to our customers,” says Geir Drangsland, CEO of Norske Skog. Cash flow from operations was NOK 173 million in the quarter compared to NOK 353 million in the previous quarter, mainly due to lower EBITDA, receivable insurance compensation, and increased working capital. Operating earnings in the third quarter of 2023 were NOK 36 million compared to operating earnings in the second quarter of 2023 of NOK 146 million.
• 2023 operating loss of $128 million; net loss of $96 million • Q4 2023 operating loss of $15 million; net loss of $13 million • Moderate uplift in global pulp market fundamentals through the fourth quarter driven by a slight increase in demand and purchasing activity in most major regions • 20% increase in pulp production in the fourth quarter reflecting improved operating performance at both the Northwood and Intercontinental NBSK pulp mills • Persistent challenges associated with the availability of economic fibre in British Columbia