Pulp and Paper

Nippon Papers Announce Price Hike for Printing Papers

Nippon Papers Announce Price Hike for Printing Papers

Nippon Paper Industries Co., Ltd. recently announced price increases for its printing and communication papers in the domestic market (Japan) to all its agencies, effective April 1, 2017.

The price hikes will be applied to printing paper grades such as woodfree, coated woodfree, medium weight coated, and lightweight coated papers, etc., and communication paper grades such as business forms, carbonless copy, thermal, PPC paper, etc.

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Domtar Reports 4Q Sales of $1.3 Billion

Domtar Reports 4Q Sales of $1.3 Billion

Domtar Corporation reported net earnings of $47million for the 4Q 2016 compared to net earnings of $59million for the 3Q 2016 and net earnings of $57million for the 4Q 2015. Sales for the 4Q 2016 were $1.3billion.

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Weyerhaeuser Improved 4Q Net Sales to $1.6 Billion

Weyerhaeuser Improved 4Q Net Sales to $1.6 Billion

Weyerhaeuser Company reported 4Q net earnings of $551 million, on net sales of $1.6 billion. This compares with net earnings of $59 million on net sales of $1.3 billion for the same period last year.

4Q results include after-tax earnings of $489 million from discontinued operations, primarily consisting of gains from the divestiture of the Cellulose Fibers pulp mills and printing papers business, and net after-tax charges of $44 million for special items.

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Sappi to Invest $165 Million at its Somerset Mill to Increase Production Capacity

Sappi to Invest $165 Million at its Somerset Mill to Increase Production Capacity

Sappi Limited today announced the approval of a US$165 million capital project to expand Sappi North America’s manufacturing capabilities and flexibility to include a variety of consumer packaging products.

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Mondi Group CEO David Hathorn to Retire, Peter Oswald Named Successor

Mondi Group CEO David Hathorn to Retire, Peter Oswald Named Successor

Mondi Group announced that David Hathorn, Group Chief Executive Officer, has informed the Boards of his decision to retire. Peter Oswald, currently an Executive Director and Chief Executive Officer of the Europe & International Division, will succeed Hathorn as Group Chief Executive Officer.

Hathorn joined Mondi in 1991 and has served as CEO since 2000.

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