Following improved global market balance as well as improved demand for printing paper, SCA announce a price increase in Europe of € 40 per ton for Coated Mechanical reels and Uncoated Mechanical reels, valid for deliveries from January 1 2018.
https://www.sca.com/en/about-sca/currently-in-sca/press-releases/2017/price-increase-for-publication-papers/
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Mativ First Quarter 2023 Highlights *Sales increased 66.9% to $679.0 million, reflecting the benefit of the merger; 1% constant currency organic sales growth *GAAP loss was $7.7 million, GAAP EPS was $(0.14), and GAAP Operating Profit was $9.3 million, which all included merger integration and purchase accounting expenses *Price increases more than offset the impacts of higher input costs; however, lower volumes primarily from customer de-stocking and manufacturing challenges drove margin pressure *$25 million incremental synergy realization still expected in 2023, with procurement and supply chain activities building upon 2022 SG&A actions; easing input costs also expected to support sequential margin improvements
Pixelle Specialty Solutions has improved safety and productivity at its Spring Grove, Pennsylvania facility by installing a smelt spout robot manufactured by Valmet. The smelt robot is essential for keeping recovery boiler spouts open and improving efficiencies in the liquor recovery cycle. The first smelt robot installation of its kind in North America, the robot regularly cleans the recovery boiler smelt spouts ensuring stable smelt flow, optimum cleaning and safer boiler operation, without manual intervention. “We’re proud to introduce the industry-first smelt robot installation in North America, supporting our ongoing commitment to operational excellence and innovation in specialty papers,” said Ross Bushnell, President and Chief Executive Officer, Pixelle. “By leveraging the latest automation technology, we are positioned to drive greater mill safety, productivity and quality.”
As previously announced, Mondi’s operations in Russia represented c. 12% of the Group’s revenue by location of production in 2021 and, over the last three years, generated c. 20% of the Group’s underlying EBITDA. Mondi has operated in Russia for over 22 years. The most significant facility is a wholly owned integrated pulp, packaging paper and uncoated fine paper mill located in Syktyvkar (Komi Republic). The Group also has three converting plants in Russia. All these facilities primarily serve the domestic market and have continued to operate through this time of heightened geopolitical tension. Mondi employs c. 5,300 people in these operations. In Ukraine, Mondi has one paper bag plant located in Lviv, west of the country, employing c. 100 people. Production is currently suspended.