Lecta Announces Price Increase for Coated Web Rolls

*Q4 GAAP net loss of $128 million / net income of $307 million for 2021 *Liquidity of $953 million / net debt of $190 million at year-end *Repurchased 1.3 million shares in Q4 / 4.6 million shares (6%) in 2021 *Net pension & OPEB liability down by over $400 million at year-end

The trials for newsprint paper production on the paper machine 6 at UPM Jämsänkoski paper mill as well as paper test runs at printing plants have been successful. As a consequence of this, the product portfolio of uncoated mechanical papers of the paper machine 6 will in the future be extended to cover also newsprint paper. “Our employees have invested a great deal of effort and development work in recent weeks to get to where we stand today. We have developed high-quality coldset paper grades especially for domestic newsprint customers and the feedback from our customers’ test runs has been extremely good. With those enlarged capabilities of Jämsänkoski PM 6 UPM is able to deliver newsprint qualities uninterruptedly to Finland. This is keeping our site flexible and competitive,” says Antti Hermonen, General Manager, UPM Jämsänkoski. A complete range of SC and newspaper grades can now be produced on site in Jämsänkoski, focusing on our Finnish and Nordic customers with high quality products for newspapers, magazines and advertising supplements.

Fedrigoni has set the goal for 2030 to have 100% of its special paper families with a verified level of recyclability according to the Aticelca 501/19 method, one of the most rigorous and in line with current regulations. If the paper product falls into one of the four recyclability classes (A+, A, B, C), it means that it can be collected in paper and recycled in paper mills, and the company is authorized to use the “Recyclable with paper – Aticelca® 501” mark for commercial purposes. More intense colors can generate a drop in recylability class (for example, bringing the classification from an A+ level to an A level if going from a light color to a more intense one), limit the use of paper, or require a greater use of colors or coatings to cover intensely colored fibers. In addition, the recycling of differently colored and deep papers leads to the creation of gray recycled papers, with optical inhomogeneity; these papers can only be used for limited applications (for example, inside a box). At Fedrigoni, we recover our colored paper waste through a color flow (from white to black) to maximize its optical homogeneity.