Lecta announces a price increase on all its Specialty paper grades of 10% effective for deliveries from 1 April 2021 for all European and Overseas markets.
The increase is necessary due to the sustained increase in prices of pulp and chemicals along with the sharp increase of freight costs. This follows Lecta’s previous announcement made on Thermal paper grades.
https://www.lecta.com/en/news/Pages/Lecta-to-Increase-Specialty-Paper-Prices-by-10-per-cent-from-April-1st-2021.aspx
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Solenis has introduced its new MicroSolSM advanced retention and drainage solutions to help printing and writing paper producers stay competitive through increased productivity and superior product offerings. MicroSol is a revolutionary technology package that combines the company’s new patented PerForm™ SP7242 structured polymer with its uniquely structured PerForm™ MP9031 colloidal silica to give printing and writing paper producers a no-compromise solution for maximizing retention and drainage without sacrificing formation in the manufacturing process. As a result, papermakers enjoy a wider operating window that increases flexibility, improves machine efficiency and reduces operating costs. Click Read More below for additional information.
Total European shipments of graphic papers were UP 0.3% vs. August 2016 and are down 0.4% year-to-date.
Total European shipments of newsprint were down 1.0% vs. August 2016 and are down 3.1% year-to-date.
Total European shipments of sc-magazine were down 0.8% vs. August 2016 and are UP 1.7% year-to-date.
Total European shipments of coated mechanical reels were down 0.6% vs. August 2016 and are down 1.0% year-to-date.
Total European shipments of uncoated mechanical were UP 2.3% vs. August 2016 and are UP 2.0% year-to-date.
Total European shipments of coated woodfree were UP 2.6% vs. August 2016 and are UP 1.6% year-to-date.
Total European shipments of uncoated woodfree were UP 0.8% vs. August 2016 and are down 0.3% year-to-date. Click Read More below for additional information.
On September 19, 2017, the Receiver of Appleton Coated LLC conducted a going concern auction of the Company’s assets. The auction was the culmination of a comprehensive marketing effort to find a buyer. As part of the sale and marketing process, the Receiver requested that all potential buyers agree to hire substantially all of Appleton Coated’s employees as part of any purchase agreement. Unfortunately, none of the qualified bidders that attended the auction were in a position to agree to that request. The Receiver will ask the Court overseeing the receivership proceeding to approve the highest and best offer he received for the Company’s assets on Friday, September 22, 2017 in Outagamie County Circuit Court. Due to the auction results, the Receiver must immediately wind down the Company’s business operations beginning Wednesday September 20th and lay off substantially all of the employees of Appleton Coated. A limited number of employees will remain to ensure that the Company’s assets are properly maintained for the new owner until the proposed closing of the sale on September 29, 2017. Orders for stock product will continue to be accepted. Manufacturing orders that have been produced but not yet shipped, will be shipped. Manufacturing orders that have been accepted, but not yet produced, will be reviewed with new ownership to determine whether they will be produced and shipped. New manufacturing orders will not be accepted at this time.