“As we review the details of the DC Circuit Court’s ruling, we are pleased the court upheld the practical start-up and shut-down provisions but continue to urge the EPA to conclude a 25-year rulemaking roller coaster ride by responding quickly to the court’s remand on the carbon monoxide limits. Our companies are focused on generating essential power from their boilers and deserve affordable and achievable standards that are not constantly in flux.”
http://afandpa.org/media/news/2018/03/16/af-pa-applauds-key-part-of-district-of-columbia-circuit-court-decision-on-epa-boiler-mact-rule-but-concerned-about-further-delay
Related Posts
KPLP Q3 2022 Business and Financial Highlights • Revenue was $427.0 million in Q3 2022 compared to $391.4 million in Q3 2021, an increase of $35.6 million or 9.1%. • Net loss was $38.8 million in Q3 2022 compared to $9.3 million in Q3 2021, a decrease of $29.5 million. • Declared a quarterly dividend of $0.18 per share to be paid on January 16, 2023.
Key highlights Q4: *Organic* and currency neutral sales growth of 14% *Solid operating cash flow and strong balance sheet *Shift towards softer demand and declining sentiment. Quarterly data Q4: *Net sales increased by 79% to SEK 11,971 million (6,688), whereof Billerud North America accounted for SEK 4,004 million *Operating profit was SEK 1,353 million (418), including items impacting comparability of SEK -52 million (-177) *Net profit was SEK 940 million (320). Comments by the CEO: Full-year performance 2022 has been excellent. Organic and currency neutral sales growth for the year was 16%. The EBITDA margin was 19% and earnings per share increased from SEK 7.2 to SEK 20.1. The Board of Directors proposes an approximately 75% increase of dividend to SEK 7.5 per share.
Iggesund Paperboard, a subsidiary within the Holmen group, is currently implementing efficiency measures to secure an efficient business and safeguard the long-term profitability of Iggesund Mill. The redundancies are part of an efficiency package aimed at improving production capacity and reducing costs. Local negotiations with the affected employee organisations will now begin with a view to completing the cutback in personnel before the end of the year. Click Read More below for additional information.