NORPAC Announces Price Increase on Newsprint

Effective with all new and existing orders with confirmed delivery dates of January 15, 2018 or later, Verso Corporation is increasing the transaction price of all Uncoated Freesheet Grades by $2.00/cwt US ($2.55/cwt CAD), including but not limited to: Ideal Offset; Ideal Reply Card. The increase applies to all basis weights, bulks, finishes and related private label grades.

Ahlstrom-Munksjö advances into the North American customized digital printing market, and launches Ahlstrom-Munksjö WallStar® Digital, its new portfolio of fiber-based solutions for digital printing applications. Demand for customized digital printing is growing, led by changing consumer demand, where personalization is extremely important. Digitally printed wallcoverings can be used to change a room quickly, whilst at the same time add impact through use of personalized designs. Environmental aspects are also of high importance, as consumers in North America become more aware of sustainability and the type of materials they wish to use. Consequently, digital printers are looking for PVC free media which allows printing in small, unique, personalized quantities. WallStar® Digital is a directly printable, PVC free, nonwoven portfolio from Ahlstrom-Munksjö, delivering benefits for both printers and end users.

Verso Corporation (NYSE: VRS) today announced plans to permanently shut down the No. 3 paper machine and associated equipment at its Androscoggin Mill in Jay, Maine, reducing annual coated paper production capacity at the mill by approximately 200,000 tons. The shutdown will be effective August 1 and is expected to be complete by the end of the third quarter of 2017. The No. 3 paper machine and a recovery boiler and digester that support it were idled in January of this year in response to declining customer demand that resulted in more coated paper capacity than could be filled. Most products made on the No. 3 paper machine were transitioned to lower-cost machines in other Verso mills.