Metsä Group collaborates with ANDRITZ on textile fiber mill pre-study

In the 3rd quarter of 2017 the Arctic Paper Group generated sales revenue of nearly PLN 735.9m. EBITDA was PLN 70.8m and operating profit PLN 38.5m. The Group’s net profit on continuing operations in Q3 2017 was PLN 25.6m. The weaker results of Arctic Paper in the 3rd quarter were due primarily to the effect of a further increase in pulp prices which has not been fully offset yet by higher paper prices. The result was also affected by the planned stoppage at the Arctic Paper Kostrzyn plant for 12 days in July of this year, connected with an investment to increase the production efficiency at that plant. Per Skoglund, CEO of Arctic Paper, commented: “The decline in profit is mainly due to continued high pulp prices, which we will not be able to fully compensate for by price increases during 2017. On top of that, a planned investment stoppage in Arctic Paper Kostrzyn affected sales and profit during the period. The investment in increased production efficiency will have a future positive impact and strengthen our ability to serve our customers in a competitive way.” Click Read More below for additional information.

Effective with all new and existing orders with confirmed delivery dates of November 20, 2017 or later, Verso Corporation is increasing the transaction price of all Coated One Side (C1S) sheet and roll products by $2.00/cwt USD/$2.50/cwt CAD. This includes, but is not limited to: Sterling® Ultra C1S; Sterling® Litho C1S; Aspect®; OptiLabel™; UniSil™. The increase applies to all basis weights, bulks, finishes and related private label grades. Should you have any questions, please contact your Verso professional sales representative. Thank you for your continued support.

Total European shipments of graphic papers in September 2020 were down 15.0% vs. September 2019 and year-to-date shipments are down 20.0%. Total European shipments of newsprint in September 2020 were down 14.8% vs. September 2019 and year-to-date shipments are down 18.0%. Total European shipments of sc-magazine in September 2020 were down 12.1% vs. September 2019 and year-to-date shipments are down 19.1%. Total European shipments of coated mechanical reels in September 2020 were down 23.4% vs. September 2019 and year-to-date shipments are down 27.6%. Total European shipments of uncoated mechanical (improved & others) in September 2020 were down 2.6% vs. September 2019 and year-to-date shipments are down 9.0%. Total European shipments of coated woodfree in September 2020 were down 23.0% vs. September 2019 and year-to-date shipments are down 26.4%. Total European shipments of uncoated woodfree in September 2020 were down 7.1% vs. September 2019 and year-to-date shipments are down 14.9%.