Canfor Subsidiary Closes Acquisition of Strategic Assets

Effective June 1st, HP is increasing the list prices on select large format supplies (some SKUs will not change – including PageWide XL and HP T3500 DesignJet eMFP ink SKUs). Actual price increases will vary by SKU, between 3% and 15%. As part of HP’s normal portfolio management process, the company regularly reviews pricing for all its products and adjusts accordingly.

Ahlstrom-Munksjö is dedicated to providing sustainable alternatives to non-renewable plastic materials in everyday life. Two new technologies further this goal, solidifying the important role that paper will play in an eco-friendly future. EnduraFlex™ technology creates stretch in crepe and extensible papers, resulting in a product that can compete with alternative flexible materials. Extensible papers are structured to accommodate stretch; the surface of the paper is not affected by its inherent flexibility. Likewise, crepe papers produced with EnduraFlex™ technology showcase new levels of stretch without compromising appearance or functionality. The end uses of EnduraFlex™ papers are widely variable, ranging from use in construction materials to e-commerce and decorative packaging solutions. HydroSize™ papers offer a sustainable alternative to traditional waterproof materials. Ahlstrom-Munksjö has developed enhanced water resistance within paper fibers and structure, preventing product saturation. The resulting papers are able to repel water and other liquids for long periods. This new technological opportunity provides consumers with a water resistant option in several different areas, including agriculture, gardening and various e-commerce packaging solutions such as cold chain insulated packaging.

HIGHLIGHTS • Pulp sales of 2,759 thousand tons (+1% vs. 4Q21). • Paper sales³ of 338 thousand tons (-9% vs. 4Q21). • Average net pulp price in export market: US$831/ton (+32% vs. 4Q21). • Average net paper price3 of R$7,079/ton (+39% vs. 4Q21). • Pulp cash cost ex-downtime of R$937/ton (+25% vs. 4Q21). • Leverage ratio declines to 2.0 times in USD and 2.0 times in BRL, despite the investment cycle. • Cerrado Project completes 45% of physical progress and 41% of financial progress.