In a victory for Norpac — and potential blow to local newspapers — the U.S. Department of Commerce announced Tuesday that it will start imposing preliminary antidumping and countervailing duties on Canadian paper producers. The move comes in response to a petition filed in August in which the Longview papermaker alleged that Canadian paper manufacturers hold an unfair advantage over domestic producers. Norpac claimed that Canadian paper companies benefit from 65 different subsidies that add up to hundreds of millions of dollars. The federal and provincial subsidies include government grants, tax breaks, subsidized loans, raw materials at below-market costs and cheap subsidized electricity, according to Norpac. A Commerce investigation found that Canadian uncoated groundwood paper — the same product used to print newspapers — was subsidized by an average of 6.53 percent, Norpac said Tuesday. Click Read More below for additional information.
Please be advised that effective with shipments on or after July 1, 2018, Resolute’s White Paper grades noted below will increase by US$30/short ton.
Products impacted by this price increase are limited to the following: ResoluteSelect 70, 65; ResoluteBook 70, 65,60 & ResoluteBook 70 Cream
The increase will be applicable to all basis weights and finishes, and all upcharges apply.