Solenis, a leading global producer of specialty chemicals, will increase prices by 5 to 15 percent on all water treatment, process and pulp & paper product lines across the EMEA region, effective immediately or as customer contracts allow.
The price increase is necessary due to the tightening of raw material supply globally and escalating energy, packaging and transportation costs.
https://www.solenis.com/en/resources/news-releases/2021/solenis-to-increase-prices-on-all-water-treatment-process-and-pulp–paper-product-lines-across-europe-middle-east-and-africa-emea
Related Posts
Fortress Paper Ltd. reported 2017 third quarter operating EBITDA of $0.2 million, a decrease of $7.4 million relative to the comparative prior year period and a decrease of $4.1 million over the previous quarter. The Security Paper Products Segment generated operating EBITDA of $1.8 million, the Dissolving Pulp Segment generated operating EBITDA loss of $0.5 million, and corporate costs were $1.1 million in the third quarter of 2017. Click Read More below for additional information.
Paper Excellence announced today that it is donating $50,000 to Saskatchewan Polytechnic to create a Paper Excellence student awards scholarship program. The scholarship awards will be distributed over the next five years with $2,500 available to each of four students each year. The awards are meant to encourage and recognize Saskatchewan youth with high academic achievement and financial need. They will be available to students enrolled in programs related to the operation of a pulp mill such as engineering, industrial mechanics, innovative manufacturing or welding. “As we continue to grow our footprint in Saskatchewan, we know it’s important to invest in the community,” said Carlo Dal Monte, Vice President, Energy and Business Development. “Investing in young people in Saskatchewan and supporting the development of the local workforce made sense from our end. With Saskatchewan Polytechnic’s excellent programs, many campuses around Saskatchewan, and stellar track record of developing the province’s workforce, we’re thrilled to be making this contribution.”
Verso Corporation announced that its board of directors, as part of its ongoing efforts to maximize stockholder value, has formed a Strategic Alternatives Committee comprised of independent directors Eugene I. Davis, Alan J. Carr and Steven D. Scheiwe, with Mr. Davis serving as chairperson. The committee, with the assistance of Houlihan Lokey Capital, Inc., the company's financial advisor, will lead Verso's continuing efforts to identify and evaluate a range of potential strategic transaction alternatives, including the possible sale of some Verso mills, engage in discussions and oversee the due diligence process with parties potentially interested in transactions with the company, and recommend to the board whether any proposed transaction is in the best interests of the company and its stockholders. "Verso is committed to exploring strategic transaction alternatives, and the committee will facilitate this process," said Verso Chairman of the Board Rob Amen. "The committee is charged with proceeding expeditiously, but will evaluate alternatives carefully for their ability to provide superior value to Verso's stockholders." Click Read More below for additional detail.