Solenis to Increase Prices on all Product Lines across Europe, Middle East and Africa (EMEA)

Total European shipments of graphic papers in August 2021 were UP 16.3% vs. August 2020 and are UP 5.0% year-to-date. Total European shipments of newsprint in August 2021 were UP 6.2% vs. August 2020 and are down 3.6% year-to-date. Total European shipments of sc-magazine in August 2021 were UP 7.7% vs. August 2020 and are UP 3.1% year-to-date. Total European shipments of coated mechanical reels in August 2021 were UP 20.8% vs. August 2020 and are UP 3.7% year-to-date. Total European shipments of uncoated mechanical (improved & others) in August 2021 were UP 8.6% vs. August 2020 and are UP 5.8% year-to-date. Total European shipments of coated woodfree in August 2021 were UP 31.9% vs. August 2020 and are UP 10.3% year-to-date. Total European shipments of uncoated woodfree in August 2021 were UP 20.2% vs. August 2020 and are UP 11.2% year-to-date.

Northern Pulp Nova Scotia announced that the British Columbia Supreme Court (the “Court”) has approved the requests made by Northern Pulp to, among other things, extend the protection under the Companies’ Creditors Arrangement Act (the “CCAA”) to October 31, 2021. The Court has also approved the amendment of the interim financing milestones under the interim financing facility to coincide with the Stay Extension and approved an additional draw of $6.0 million to meet obligations during the extended timeframe. Throughout the Stay Extension, Northern Pulp will continue to manage and maintain the mill and advance plans to transform its operations.

Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value…