October 1, 2017 – US Newsprint Price Increase – Resolute Forest Products

Please be advised that, effective with shipments on or after October 1, 2017, Resolute Forest Products will raise its Coated and SC paper prices by amounts specified below (see primary grades listed). The products impacted by the price increase include, but are not limited to, the following: ResoluteBrite 76 Gloss; ResoluteBrite 76 Satin; ResoluteGloss; ResoluteBlonde Gloss = + $1.00/cwt US and ResoluteSCA+; ResoluteSCA; ResoluteSCB; ResoluteSNC = + $2.00/cwt US. The increases will be applicable to all basis weights and finishes, and all up charges apply.

We are pleased that practically all stakeholders targeted in the consent solicitation process are supporting for a consensual recapitalization of the current Norske Skog group. We will now spend time to ensure the registration and documentation of formal support for the recapitalization occurs. Equally important, we will do our outmost to obtain the support to the recapitalization from the holders of the NSF and the 2115 Perpetual Notes holders," said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA. Regardless of the outcome of the recapitalization process, the business operations at our seven paper mills will continue as normal. Click Read More below for additional information.

Metsä Tissue, the tissue paper business of the forest industry group Metsä Group, is planning to invest in a new tissue mill in the UK. The plan consists of 240 000 tons of tissue paper production capacity, built in several phases during the upcoming decade. The plans are part of the company’s Future Mill programme to drive world class environmental performance in tissue production. The production of the planned UK mill would be based on using sustainable fresh fibre pulp, and the first phase of the investment would be ready during 2025 to serve the professional and consumer tissue markets in the UK and Ireland.