Further to Canfor Corporation’s (TSX:CFP) announcement on June 17, 2020, its 70%- owned subsidiary, Vida Group, has today completed the purchase of three sawmills located in Sweden from Bergs Timber.
https://www.canfor.com/docs/default-source/news-2020/canfor-subsidiary-closes-bergs-acquisition.pdf?sfvrsn=330fee91_2
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Total European shipments of graphic papers in June 2021 were UP 33.9% vs. June 2020 and are UP 2.5% year-to-date. Total European shipments of newsprint in June 2021 were UP 11.5% vs. June 2020 and are down 6.5% year-to-date. Total European shipments of sc-magazine in June 2021 were UP 28.1% vs. June 2020 and are UP 1.4% year-to-date. Total European shipments of coated mechanical reels in June 2021 were UP 43.2% vs. June 2020 and are UP 0.1% year-to-date. Total European shipments of uncoated mechanical (improved & others) in June 2021 were UP 26.9% vs. June 2020 and are UP 5.4% year-to-date. Total European shipments of coated woodfree in June 2021 were UP 57% vs. June 2020 and are UP 4.6% year-to-date. Total European shipments of uncoated woodfree in June 2021 were UP 41.7% vs. June 2020 and are UP 10.7% year-to-date.
• Pulp sales of 2,527 thousand tons (stable vs. 3Q19). • Paper sales of 319 thousand tons (+2% vs. 3Q19). • Adjusted EBITDA1 and Operating cash generation² of: R$3.8 billion and R$2.9 billion, respectively. • Adjusted EBITDA1 /ton3 from pulp of R$1,339/ton (+56% vs. 3Q19). • Adjusted EBITDA1 /ton4 of paper of R$1,236/ton (+1% vs. 3Q19). • Average net pulp price – export market: US$458/t (-13% vs. 3Q19). • Average net paper price5 of R$4,081/ton (+1% vs. 3Q19). • Pulp cash cost ex-downtime of R$600/ton (-8% vs. 3Q19). • Capture of operating synergies in line with planning. • Recovery of ICMS credits in Espírito Santo in the gross amount of R$146 million.
West Fraser Timber Co. Ltd. and Atlas Holdings announced the signing of a definitive agreement for the sale of West Fraser’s Quesnel River Pulp mill in Quesnel, British Columbia and its Slave Lake Pulp mill in Slave Lake, Alberta to Atlas. Atlas owns and operates several pulp, paper and wood products businesses in Canada and the United States. Millar Western logoThe agreement announced today includes related woodlands operations and timber holdings in Alberta and a long-term fibre supply agreement for the Quesnel River Pulp facility. Upon closing of the transaction, the Quesnel River and Slave Lake pulp mills will be operated by Millar Western Forest Products, which joined the global Atlas family of manufacturing and distribution businesses in 2017. Millar Western is a more than 100-year-old Canadian forest products company headquartered in Edmonton with existing pulp mill operations in Alberta, establishing a strong foundation and a bright future for the Quesnel River and Slave Lake pulp mills.