Sappi increases prices for its LWC and MWC grades prices by 6-8% from July 1st 2018 for all markets due to continued cost increases and strong demand. This follows previous announcements made for its woodfree coated and woodfree uncoated grades.
https://www.sappi.com/sappi-increase-lwc-and-mwc-grade-prices
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Overview: •Q3 2021 reported operating income of $331 million driven by solid lumber segment results despite a sharp decline in North American lumber prices from prior quarter all-time highs • Record quarterly earnings for the Company’s European lumber operations • Shareholder net income of $210 million, or $1.68 per share • Cumulative cash deposits of $656 million on countervailing and anti-dumping duties at September 30, 2021. The Company reported operating income of $331.0 million for the third quarter of 2021 driven by solid earnings in both the lumber and pulp and paper segments. Compared to the second quarter of 2021, current quarter reported operating income was down $710.3 million, reflecting a material decline in lumber segment earnings from an all-time high in the previous quarter, and, to a lesser extent, moderately lower pulp and paper segment earnings.
In order to prepare Kotkamills Absorbex Oy, a subsidiary of Kotkamills Oy and the leading global supplier of Laminating Papers, to meet the increasing demand, as well as to replace the discontinuing production volume of Paper Machine 7 in Tainionkoski, Imatra (Stock Exchange release on the 3rd of July 2017), Kotkamills Oy has started the pre-feasibility study of a new Paper Machine 3 (PM 3) in Kotka. The final decision of this possible investment will be done by the end of year 2018. The capacity, cost estimation and start-up timing of the the PM 3 will be published later on subject to the positive investment decision. After the possible start-up of the PM 3, Kotkamills Oy is maximizing the integration advantages of the Kotka site. In addition to the efficient investment cost of PM 3 to the already available infrastructure, the energy and fixed costs per produced volumes of the whole integrated site would be lower than today. The possible investment would have a positive impact on the profitability of Kotkamills Group. Click Read More below for additional information.
Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce its products will feature on a number of stands at Sign & Digital UK 2023. Taking place from 21-23 March at the NEC in Birmingham, Sign & Digital UK is the longest running event in the UK signs, graphics and display sector, welcoming a wide range of major exhibitors and thousands of visitors from all corners of the industry. Epson, Roland DG, Soyang Europe and Hybrid Services, the exclusive distributor for Mimaki printing equipment in the UK and Ireland, will all feature Drytac media solutions as part of their own product demonstrations at Sign & Digital UK 2023.