Port Hakwesbury Paper SC Price Announcement

We are announcing a US$22/metric tonne (for 45.0 gsm) newsprint price increase effective with shipments on or after June 15, 2018. Other basis weights will be adjusted accordingly. Please note that this price increase does not apply to Ponderay Newsprint Company.

Metsä Tissue will rebuild paper machine 5 at its Düren mill in Germany. The total investment is approximately EUR 15 million and the rebuild starts immediately. The new volumes will be available on the market during the last quarter of 2018. “We expect the demand for baking and cooking papers to continue to grow during the coming years. This investment will increase Düren mill’s paper production capacity by 10.000 tons, which will help us to secure our leading position as a global supplier of high-quality baking and cooking papers”, says Mariusz Jedrzejewski, SVP Baking & Cooking, Metsä Tissue. “We have production in Düren, Germany, and Mänttä, Finland, where we increased the production capacity in 2016. Both mills play a significant role in our Baking & Cooking business. Our products are made of fresh fibre, and the wood originates from sustainably managed Northern forests. This high-quality raw material combined with our strong production expertise result in high endurance and consistent high quality products.”

Together with RISE, IsoTimber and Moelven, Stora Enso has been working on the most recent development of NeoLigno – 100% fossil-free structural boards and building elements. Stora Enso has launched NeoLigno®, a revolutionary lignin-based binder for particleboard and insulation applications. We are committed to doing good for people and the planet, which is why we always look to innovate new, renewable alternatives where fossil-based materials are being used today. In this case, we asked ourselves: What if we could come up with a bio-based binding agent that keeps all the technical qualities of traditional binders while also being safe and renewable? Our answer to this question is NeoLigno® by Stora Enso.