Clearwater Paper Launches NuVo® with BioPBS™ Cup

JANUARY–DECEMBER 2021 (1–12/2020) •Sales were EUR 6,017 million (5,055). •Operating result was EUR 874 million (376). Comparable operating result was EUR 914 million (368). •Result before taxes was EUR 832 million (330). Comparable result before taxes was EUR 872 million (322). •Comparable return on capital employed was 16.2% (7.1). •Net cash flow from operations was EUR 1,023 million (667). OCTOBER–DECEMBER 2021 (10–12/2020) •Sales were EUR 1,560 million (1,357). •Operating result was EUR 221 million (97). Comparable operating result was EUR 220 million (94). •Result before taxes was EUR 215 million (88). Comparable result before taxes was EUR 214 million (86). •Comparable return on capital employed was 14.7% (7.4). •Net cash flow from operations was EUR 427 million (306).

Resolute Forest Products Inc. announced that the board of directors appointed, effective today, Duncan K. Davies as an additional member of the company's board, and that Mr. Davies will succeed Bradley P. Martin as the company's non-executive chairman. Mr. Martin of Fairfax Financial Holdings Limited will continue to serve as vice chairman of Resolute's now eight-member board. "Duncan has outstanding credentials and a proven track record of success in the North American forest products industry," said Remi G. Lalonde, president and chief executive officer. "We have identified wood products as a key pillar of our transformation strategy, and bringing Duncan's deep knowledge of the industry on board is an excellent step in that direction to complement our existing board and strategy. I want to also express our gratitude to Brad for his leadership and guidance as chairman for the last nine years. I'm delighted that Brad will continue to contribute to our success in his new role as vice chairman."

For more than a century, Rothschild Mill has operated on the Wisconsin River five miles south of Wausau, Wisconsin. From its humble beginnings in 1909, the mill has grown to produce Cougar® and Lynx®, some of the world’s finest printing and publishing papers. It has also given rise to a thriving community that many of its staff call home. “I never expected 28 years ago when I started in the environmental department that I would still be here. I thought I would work two to three years and then move back home to Green Bay,” says Dave Faucett, who has served as the mill’s general manager since 2017. “But the culture and pride at this mill are addicting. It’s fun to be part of the team here, and Rothschild is a great place to raise a family. It was really easy to stay here.”