White Birch sets $22/tonne June 15 price increase on 45-g newsprint (RISI)
White Birch Paper set a $22/tonne price increase on shipments of 45-g (27.7-lb) newsprint, effective June 15. All other basis weights will be increased according to past practice, White Birch said.
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Euro-Graph Reports February 2021 European Graphic Papers Statistics
Total European shipments of graphic papers in February 2021 were down 14.1% vs. February 2020 and are down 18.3% year-to-date. Total European shipments of newsprint in February 2021 were down 20.2% vs. February 2020 and are down 21.6% year-to-date. Total European shipments of sc-magazine in February 2021 were down 15.8% vs. February 2020 and are down 21.3% year-to-date. Total European shipments of coated mechanical reels in February 2021 were down 15.3% vs. February 2020 and are down 20.5% year-to-date. Total European shipments of uncoated mechanical (improved & others) in February 2021 were UP 2.5% vs. February 2020 and are down 9.4% year-to-date. Total European shipments of coated woodfree in February 2021 were down 19.3% vs. February 2020 and are down 23.5% year-to-date. Total European shipments of uncoated woodfree in February 2021 were down 8.2% vs. February 2020 and are down 11.7% year-to-date.
Avery Dennison Announces First Quarter 2021 Results
First Quarter 2021 Results by Segment: Label and Graphic Materials - Reported sales increased 17.3% to $1.38 billion. Sales were up 8.4% ex. currency and 7.6% on an organic basis. Reported operating margin increased 170 basis points to 16.4%. Retail Branding and Information Solutions - Reported sales increased 20.1% to $483 million. Sales were up 15.0% ex. currency and 9.3% on an organic basis, reflecting strong growth in both the high value categories and the base business. Reported operating margin increased 470 basis points to 12.4%. Industrial and Healthcare Materials - Reported sales increased 29.8% to $192 million. Sales were up 18.8% ex. currency and 16.3% on an organic basis, reflecting an approximately 20% increase in industrial categories and a low-single digit decline in healthcare categories. Reported operating margin increased 220 basis points to 12.3%.