Sylvamo Reports First Quarter 2023 Results

Mondi launches IQ EXTRALIGHT. The new opaque paper solution is produced at Mondi Neusiedler, Austria, and targets the uncoated premium segment in opaque paper for inserts of medications and cosmetics, operating manuals, catalogues, directories or legal text application. IQ EXTRALIGHT offers an excellent printability, folding performance and is developed for both web and sheet-fed offset printing. Mondi’s new paper solution is FSC™ certified and optionally available as carbon neutral to support customers in improving their CO2 balance. It is part of Green Range, Mondi´s umbrella trademark for sustainable paper solutions, and produced in compliance with the FSC™ certification scheme as well as with EC regulation 1935/2004 on materials and articles intended to come into contact with food. The new IQ EXTRALIGHT paper is now available in folio and reels in 40, 45, 50 and 60 g/m² across Europe. Thanks to its excellent printability and runnability, IQ EXTRALIGHT offers high productivity print runs. The optimised folding performance of Mondi’s new opaque paper further ensures trouble-free processing due to its excellent folding properties and high stiffness including a high luminescence factor for automatic scanning. These attributes make IQ EXTRALIGHT the ideal solution for clients requiring a high standard in both web and offset printing. The high opacity of IQ EXTRALIGHT guarantees excellent readability, supporting the automated quality control by its outstanding sheet formation.

Brazilian pulp and paper producer Suzano shut operations throughout Brazil over the weekend in response to an ongoing strike by truck drivers over diesel fuel prices, a company spokesman said Tuesday. Rafael Mastrocola, head of investor relations for Suzano, told S&P Global Platts the company already had reduced output, since Friday took it further and "as of now we have halted pretty much all of our sites." Click Read More below for additional information.

The American Forest & Paper Association (AF&PA) has released its October 2022 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 4% in October compared to October 2021. U.S. purchases of total printing-writing papers increased 6% in October compared to the same month last year. Total printing-writing paper inventory levels increased 1% when compared to September 2022. U.S. purchases of uncoated free sheet (UFS) papers in October increased 7% compared to last October, while the inventory level increased 1% compared to September 2022. UFS imports increased 41% while exports decreased 12% in September 2022. Coated free sheet (CFS) paper shipments increased 1% compared to October 2021 while the inventory level decreased 4% compared to September 2022. CFS imports and exports both increased compared to September 2021, up 62% and 16% respectively. U.S. purchases of coated mechanical (CM) papers in October remained essentially flat (0.1%) compared to last October while the inventory level increased 3% compared to September 2022. CM imports increased 31% while exports decreased 12% in September 2022. Uncoated mechanical (UM) paper shipments decreased 22% compared to October 2021 while the inventory level increased 33% compared to September 2022. UM imports and exports both decreased compared to September 2021, down 11% and 38% respectively.