Appvion’s third quarter 2016 net sales of $169.2 million were $11.4 million lower than third quarter 2015 primarily due to lower total shipment volume and unfavorable market pricing. Thermal papers net sales were $101.6 million which was $2.2 million higher than third quarter 2015. Carbonless papers net sales of $67.6 million declined $13.6 million compared to third quarter 2015. Appvion’s net sales for the first nine months of 2016 were $523.3 million; $7.3 million lower than the first nine months of 2015. Year-to-date shipment volume for thermal papers was approximately 6% higher than the same period last year with TLE volume increasing approximately 12% while receipt paper volume was relatively flat. Year-to-date shipment volume for carbonless papers declined approximately 12% compared to the same period in 2015. Despite volume declines in this segment, specialty papers volume growth gained traction and increased nearly 15% compared to the same period last year. click Read More below for additional detail
Sappi North America announces a list and transactional price increase on new and unconfirmed orders that book with confirmed delivery dates on or after Monday, October 1, 2018 on the following products:
A 4% – 5% increase on:
• Opus Folio Sheets, Digital Sheets and Sheeter Rolls – all basis weights, all finishes
• Flo Folio Sheets, Digital Sheets and Sheeter Rolls – all basis weights, all finishes
• EuroArt Folio Sheets, Digital Sheets and Sheeter Rolls – all basis weights, all finishes
Standard differentials and upcharges apply. This price increase includes all private label programs.