Crown Van Gelder increases prices by 6 to 8%
As a consequence of the fast and significant increases in the market price of pulp, Crown Van Gelder will be increasing prices by 6 to 8% per ton on its High Speed Inkjet, Graphical, Label & Packaging grades, in reels & sheets, for deliveries from 1st April 2021.
Related Posts
American Forest & Paper Association Releases September 2017 Printing-Writing Paper Report
According to the September 2017 Printing-Writing Monthly report from the American Forest & Paper Association, total printing-writing paper shipments decreased five percent in September compared to September 2016. All four of the major printing-writing grades posted year-over-year shipment declines. U.S. purchases of printing-writing papers also decreased, down six percent in September. Total printing-writing paper inventory levels increased one-half of one percent from August.
•September uncoated free sheet (UFS) paper shipments decreased year-over-year following the year-over-year increase in August. Imports of UFS decreased by 18% year-over-year in August – this follows two consecutive decreases of 20% or more. Meanwhile, exports of UFS papers increased 17% year-over-year in August, which follows three consecutive increases of 20% or more.
•Operating rate for coated free sheet (CFS) paper producers in September hits highest level since September 2016. U.S. imports of CFS papers decreased 9% year-over-year in August, the second consecutive year-over-year decline. Exports of CFS papers increased 6% year-over-year in August, the sixth increase in the past eight months.
•Coated mechanical (CM) paper shipments declined year-over-year in September for the fourth consecutive month. Imports of CM increased in August, up 7% compared to August 2016. Exports of CM also increased, up 28% in August to 35,700 tons – the highest level since November 2016.
•Shipments of uncoated mechanical (UM) papers have declined year-over-year in every month when compared to the same month in 2016. Imports of UM decreased 11% year-over-year in August while exports of UM increased 1% year-over-year in August – the fifth year-over-year increase in the first eight months of 2017.
Stora Enso Oyj Financial Statement Release 2020
Q4/2020 (year-on-year) *Sales decreased by 10.7% to EUR 2 154 (2 411) million, due to structural changes, lower prices and volumes. *Operational EBIT was EUR 118 (124) million, lower sales were mitigated by efficient cost management. *Operational EBIT margin increased to 5.5% (5.1%). *Operating profit (IFRS) decreased to EUR 289 (680) million. *Cash flow from operations amounted to EUR 436 (725) million. Cash flow after investing activities was EUR 223 (518) million. *The net debt to operational EBITDA ratio was 2.3 (2.0). *Operational ROCE excluding Forest division was 4.6% (5.0%). Year 2020 (year-on-year) *Sales were EUR 8 553 (10 055) million, mainly due to lower volumes and prices, and structural changes. *Operational EBIT decreased to EUR 650 (1 003) million, due to lower sales.