Stora Enso completes co-determination negotiations at Hylte Mill in Sweden

Executive Summary ◦Second quarter 2017 net sales of $4.6 billion decreased 1 percent compared to the year-ago period, as organic sales were down 1 percent. Organic sales fell 2 percent in North American consumer products, reflecting category softness, less promotion shipments and competitive activity. Outside North America, organic sales declined 3 percent in developed markets and rose 2 percent in developing and emerging markets. ◦Diluted net income per share for the second quarter was $1.49 in 2017 and $1.56 in 2016. Results were impacted by lower sales and input cost inflation, while the comparison benefited from cost savings. Second quarter adjusted earnings per share were $1.53 in 2016, which excludes items described later in this release. ◦Full-year 2017 net sales and organic sales are expected to be similar, or up slightly, year-on-year. The company's previous estimate was for sales and organic sales to be up 1 to 2 percent. ◦The company anticipates full-year 2017 earnings per share will be at the low end of its target range of $6.20 to $6.35. Click Read More below for additional details.

Expera Coated Products announced today a new brand of liners used in the manufacture of Advanced Composites. AeroBak™ liners are designed with specific properties and performance characteristics to meet the extreme challenges encountered during the manufacture and delivery of prepreg. These properties represent years of development of both the base sheet and the coatings. “Expera Coated Products’ AeroBak™ liners deliver solutions to the market using unique technologies that extend our products beyond traditional release liners,” explained Harry Challender, Vice President of Expera Coated Products. “Through collaboration, our team leverages the depth of experience we have in both paper and coating technologies to provide a distinct product to address individual requirements. Expera Coated Products is committed to this industry as witnessed by our recent investment in capacity designed around the unique needs of the composite market.” Click Read More below for additional information.

Our Kingsport Mill was named the 2024 Business Recycler of the Year by the Tennessee Recycling Coalition (TRC) during the organization’s annual Tennessee Sustainability Conference. The award is given annually to businesses that practice outstanding leadership in recycling and waste prevention. The Kingsport Mill award recognizes Project Smoky — the conversion of the facility’s uncoated freesheet paper machine into the company’s first 100-percent recycled containerboard facility. The mill, which resumed operations in January 2023, is home to the second-largest recycled containerboard machine in North America and is the largest recycled manufacturer in the state of Tennessee. Kingsport Mill now produces approximately 600,000 tons of high-quality recycled linerboard and corrugated medium every year.