Crown Van Gelder increases prices by 6 to 8%

Today the Norway’s Prime minister Jonas Gahr Støre and the Minister of Trade and Industry Jan Christian Vestre visited Viken Skog’s Follum mill in Hønefoss. The plan of BillerudKorsnäs and the Norwegian forest owner group Viken Skog to establish production of bleached chemi-thermomechanical pulp (BCTMP) in Norway attracts large interest. Through a long-term partnership with Viken Skog, BillerudKorsnäs will secure both tailormade BCTMP and wood supply supporting the strategy for sustainable and profitable growth in paperboard. The Follum mill already has much of the infrastructure needed to establish such a production line and is in an area with competitive and sustainable wood supply and good transports to BillerudKorsnäs’ board mills. The ongoing feasibility study is expected to be completed during the first half of 2023. BillerudKorsnäs strategy has a clear goal - to deliver sustainable growth in packaging materials. To get the opportunity to develop the new mill in Follum as a state of the art sustainable operation is in line with our strategy. We aim for negative CO2 footprint in production with bio gas and carbon capture, says Christoph Michalski, President and CEO at BillerudKorsnäs.

Effective with all orders shipping on or after October 1, 2017, Evergreen Packaging is raising the transaction price on all coated groundwood products by $1.00/cwt. This increase applies to all products, including, but not limited to, the following brands: TruSpec4; TruSpec4.5 Low Glare; TruSpec4.5; TruSpec5. All standard upcharges will continue to apply.

According to the report, total printing-writing paper shipments decreased 29 percent in February compared to February 2020. U.S. purchases of total printing-writing papers decreased 24 percent in February compared to the same month last year. Total printing-writing paper inventory levels decreased one percent when compared to January 2021. U.S. purchases of uncoated free sheet (UFS) papers in February decreased 19 percent compared to last February while the inventory level remained essentially flat (-0.1 percent) compared to January 2021. UFS imports increased 39 percent while exports decreased 32 percent in January 2021. Coated free sheet (CFS) paper shipments decreased 32 percent compared to February 2020 while the inventory level decreased two percent compared to January 2021. CFS imports and exports both decreased compared to January 2020, down 26 percent and three percent respectively. U.S. purchases of coated mechanical (CM) papers in February decreased 38 percent compared to last February while the inventory level decreased three percent compared to January 2021. CM imports decreased 22 percent while exports increased 24 percent in January 2021. Uncoated mechanical (UM) paper shipments decreased 31 percent compared to February 2020 while the inventory level decreased six percent compared to January 2021. UM imports and exports both decreased compared to January 2020, down 14 percent and 47 percent respectively.