Ritrama Inc. 2018 Pricing Announcement

Due to industry wide inflationary conditions on nearly all raw material purchases, Ritrama Inc. is announcing a price increase averaging 5-7% for all film and paper products effective with shipments on or after January 1, 2018.

The price increases being instituted are a reflection of the raw material inflation. We have been working closely with our suppliers both locally and globally to minimize the impact while maintaining both quality and constant supply. In addition, we have taken every precaution to control other operating costs in an effort to remain competitive in times of escalating costs. We will continue to drive productivity and cost reduction programs in order to support our mutual market competitiveness.

Related Posts

Resolute Announces Asset Purchase Agreement to Sell the Thunder Bay Pulp and Paper Mill

Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, today announced that it has entered into an asset purchase agreement to sell its Thunder Bay (Ontario) pulp and paper mill to an affiliate of Atlas Holdings. The transaction, expected to close in the second half of the year, is subject to the satisfaction or waiver of closing conditions, including obtaining required regulatory approvals. Resolute will continue to operate its sawmills and woodlands operations in Northwestern Ontario. At the closing of the transaction, the parties will enter into certain ancillary agreements, including a long-term woodchip and biomass supply agreement pursuant to which Resolute will continue to provide chips and biomass to the Thunder Bay mill.

Kimberly-Clark Announces First Quarter 2022 Results

First Quarter 2022 Operating Results: Sales of $5.1 billion in the first quarter of 2022 increased 7 percent compared to the year-ago period. Changes in foreign currency exchange rates reduced sales 2 percent. Organic sales increased 10 percent as net selling prices rose 6 percent, volumes grew 2 percent and product mix increased sales 2 points. In North America, organic sales increased 13 percent in consumer products and increased 5 percent in K-C Professional. Outside North America, organic sales rose 10 percent in developing and emerging (D&E) markets and 8 percent in developed markets. First quarter operating profit was $693 million in 2022 and $770 million in 2021. Results in 2022 include the net benefit of the acquisition of a controlling interest of Thinx and 2021 results include charges related to the 2018 Global Restructuring Program.
Back To Top
×Close search
Search