Seaman Paper grows printing and converting capacity with the acquisition of Eagle Tissue LLC

According to the report, total printing-writing paper shipments decreased 29 percent in February compared to February 2020. U.S. purchases of total printing-writing papers decreased 24 percent in February compared to the same month last year. Total printing-writing paper inventory levels decreased one percent when compared to January 2021. U.S. purchases of uncoated free sheet (UFS) papers in February decreased 19 percent compared to last February while the inventory level remained essentially flat (-0.1 percent) compared to January 2021. UFS imports increased 39 percent while exports decreased 32 percent in January 2021. Coated free sheet (CFS) paper shipments decreased 32 percent compared to February 2020 while the inventory level decreased two percent compared to January 2021. CFS imports and exports both decreased compared to January 2020, down 26 percent and three percent respectively. U.S. purchases of coated mechanical (CM) papers in February decreased 38 percent compared to last February while the inventory level decreased three percent compared to January 2021. CM imports decreased 22 percent while exports increased 24 percent in January 2021. Uncoated mechanical (UM) paper shipments decreased 31 percent compared to February 2020 while the inventory level decreased six percent compared to January 2021. UM imports and exports both decreased compared to January 2020, down 14 percent and 47 percent respectively.

Comments to Results of Operations - Comparison of Three Months Ended December 31, 2017 to Three Months Ended December 31, 2016: • Net sales for the fourth quarter of 2017 decreased by $7 million compared to the fourth quarter of 2016. The sales decline was primarily attributable to a decrease in total sales volume due to the general softening of demand for coated papers and our capacity reductions at our Androscoggin Mill. • Gross margin, excluding depreciation, amortization and depletion expenses, decreased from 16.6% of net sales in the fourth quarter of 2016 to 13.3% in the fourth quarter of 2017. Comments to Results of Operations - Comparison of 12 Months Ended December 31, 2017 to 12 Months Ended December 31, 2016: • Net sales for the 12 months of 2017 decreased by $180 million compared to the 12 months of 2016. The sales decline was attributable to a decrease in total sales volume and a decrease in pricing, partially offset by improvement in product mix. The decrease in volume and pricing were driven by general softening of demand for coated papers and our capacity reductions at the Androscoggin Mill. • Gross margin, excluding depreciation, amortization and depletion expenses, decreased from 11.1% of net sales in the 12 months of 2016 to 9.1% in the 12 months of 2017. Gross margin was favorably impacted in 2016 by $22 million and in 2017 by $4 million as a result of gains included in cost of products sold, associated with the elimination of certain postretirement benefit costs. Click Read More below for additional information.

Lecta is pleased to announce the launch of its new ​Termax range of high substance thermal papers, designed specifically for ticketing applications. This new product offering is designed to meet the growing demands for quality and durability for a wide range of applications in admission and access control ticketing for events, transportation tickets, boarding passes, parking lot tickets, data carrier tags for product identification and tracking in the supply chain and logistics and supermarket shelf labels, among others. The new Termax products include Termax TFX (phenol-free) and Termax TFS (BPA-free) papers, available from 105 to 130 g/m2, and the top coated Termax TC30X (phenol-free) paper, available from 115 to 135 g/m2. These papers are characterized by their excellent pre-printing on both sides, and their high thermal image stability and durability.