Twin Rivers Paper Announces Price Increase

UPM Raflatac announces Soprema as its main partner in label waste recycling in the EMEIA region. Soprema, one of the world's leading companies in waterproofing and a specialist in roofing and insulation, will transform the label waste collected through RafCycle™ by UPM Raflatac recycling service into new construction and insulation materials. Soprema is a key player in the construction sector. With a presence of 123 manufacturing sites and over 120 subsidiaries worldwide, Soprema is known for its commitment to sustainable construction solutions and investment in innovation. The collaboration with UPM Raflatac further underlines Soprema's dedication to sustainability. UPM Raflatac’s RafCycle service is committed to liner waste recycling. With this innovative partnership, label waste is converted into insulation solutions, supporting the use of renewable sources in the construction industry at Soprema’s site in France.

After many years of advocacy by Domtar, our industry partners, customers and consumers, Congress passed legislation in favor of U.S. postal reform in March. In early April, President Joe Biden signed the Postal Service Reform Act of 2022. The bipartisan legislation will help the United States Postal Service (USPS) become more financially sound, and it codifies important services, such as six-day delivery. “Because nearly a third of the product we make at our mills travels through the mail each day, Domtar views the U.S. Postal Service as a business partner,” says Kathy Wholley, vice president of communications and public affairs. “For years we have been advocating for substantive legislative proposals that make needed reforms to the postal service. These changes will help the partnership between us, our customers and the postal service remain strong, as well as benefit American consumers.” Much more at: https://newsroom.domtar.com/us-postal-reform-2022/

Q4 2023 highlights: *Sales decreased by 22% to EUR 2,531 million (3,231 million in Q4 2022) *Comparable EBIT decreased by 51% to EUR 323 million, 12.8% of sales (653 million, 20.2%) *Operating cash flow was EUR 456 million (1,576 million), supported by cash inflow from working capital. 2023 highlights: *Sales decreased by 11% to EUR 10,460 million (11,720 million in 2022) *Comparable EBIT decreased by 52% to EUR 1,013 million (2,096 million), and was 9.7% (17.9%) of sales *Operating cash flow was record strong at EUR 2,269 million (508 million), supported by cash inflow from energy hedges