Latest flip-flopping over US tariffs increases uncertainty in European pulp & paper sector

Neenah, Inc. announced that it has joined CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion within the workplace. One of nearly 2,000 CEOs that have come together for CEO Action for Diversity & Inclusion™, Julie Schertell, is committing herself and Neenah to advance diversity and inclusion efforts in the company and in the communities where Neenah employees live and work. The CEO Action for Diversity and Inclusion™ commitment is driven by a realization that addressing diversity and inclusion is not a competitive issue, but a societal issue that CEOs can play a critical role in addressing. Companies from 85 industries have signed on, giving the signatory group additional unique perspectives on how to develop comfortable environments for employees to thrive. “A diverse and inclusive workforce facilitates community, increases awareness and builds empathy,” said Julie Schertell, CEO and President – Neenah, Inc. “It also drives innovation and creativity, as employees feel accepted and welcomed to bring their whole selves to work every day, along with their unique perspectives and experiences. All of this leads to greater value, growth and opportunities for our employees, our company, communities and shareholders.”

Total printing-writing paper shipments decreased four percent in April compared to April 2017. Total printing-writing paper inventory levels decreased less than one-half of one percent from March. Imports of printing-writing papers decreased less than one-half of one percent compared to March 2017 imports, while exports remained flat compared to March 2018. •Uncoated free sheet (UFS) paper shipments in April 2018 increased year-over-year, the third increase in four months. Imports of UFS decreased 22 percent year-over-year in March – the tenth consecutive decrease of 12 percent or more. Exports of UFS papers increased 25 percent in March compared to March 2017. •Shipments of uncoated mechanical (UM) papers decreased year-over-year in April 2018 by more than 20 percent. Imports of UM decreased one percent year-over-year in March. Exports of UM decreased 45 percent year-over-year in March. •Shipments of coated free sheet (CFS) paper and coated mechanical (CM) papers in April both declined year-over-year for the eleventh consecutive month. Imports of CM papers increased 33 percent compared to March 2017, partly on the strength of a 47 percent year-over-year increase in CM imports from Canada.

With the slogan "Paper as a Sustainable Story", we will present our range of premium coated and uncoated papers especially designed for the publishing industry. Since this year Italy is the event's guest of honor, Lecta will showcase the excellence of the products it manufactures at its Cartiere del Garda mill, a cornerstone of the company's complete offering for the publishing sector. Lecta's Garda brand coated papers are renowned for their high quality, special technical characteristics, and optimum results in Lecta's long history of working with publishers worldwide. For this special edition, Lecta has also put together a program packed with activities celebrating experience, art and partnership.