The Navigator Company announced today to its Customers that it will be increasing prices across its uncoated woodfree papers portfolio in Middle East, Africa, Asia, Oceania and Latin America, and it will be effective from 1st of January 2018, ranging from 5% to 7%.
http://en.thenavigatorcompany.com/var/ezdemo_site/storage/original/application/437acad42645b4f9cde42af4c066407b.pdf
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Sustana Fiber, a leading manufacturer of premium, sustainable recycled fiber has been awarded 2021 Sustainable Business Product of the Year for EnviroLife® by the Wisconsin Sustainable Business Council. The company’s premium product, EnviroLife® is a 100% sustainable recycled fiber manufactured in DePere, WI compliant with FDA standards for use in a wide variety of foodservice packagings, such as paper cups, sandwich wraps, bags, to-go containers, and paperboard packaging. The Sustainable Business Awards presented by the Wisconsin Sustainable Business Council recognize businesses and individuals who prioritize sustainability and are making strides towards impactful change in Wisconsin. The winners of these awards demonstrate leadership, initiative, innovation, and are making measurable improvements and positive impacts. At Sustana Fiber, we believe in responsible manufacturing and being good stewards of the valuable resources that benefit people, drive the economy and belong to everyone. Stewardship is about keeping materials out of landfills and toxins out of the air; using only what we need as efficiently as we can. We apply that principle to every point in the sustainability journey.
Clearwater Paper Corporation announced that it temporarily suspended operations at its Augusta, Georgia paperboard facility and its Shelby, North Carolina tissue facility due to the impacts from Hurricane Helene. There was no serious damage to equipment and both facilities are resuming operations. “As we deal with the aftermath of this powerful storm, our top priorities remain the safety of our people and ramping up our operations to service our customers,” said Arsen Kitch, president and chief executive officer. “We are deeply grateful to our Augusta and Shelby teams for their tremendous efforts to safely resume production and minimize the impact on our business while personally dealing with the effects of the storm.”
For the second quarter ended 30 June 2022 Lecta had revenue of €529.4 million versus €310.7 million in the second quarter ended 30 June 2021, an increase of €218.7 million or +70%. The costs of raw materials and consumables used increased by €75.7 million, or +18.6%, from €155.9 million in 2Q2021 to €231.6 million in 2Q2022, and as a percentage of revenue they decreased from 50.2% in 2Q2021 to 43.7% in 2Q2022. The absolute increase was mainly attributable to higher produced and purchased volumes, and to an increase in the average consumption price of pulp of 193€/t of paper. Labor costs increased by €5.2 million, or +11.9%, from €43.4 million in 2Q2021 to €48.5 million in 2Q2022, and as percentage of revenue they decreased from 14.0% in 2Q2021 to 9.2% in 2Q2022. EBITDA increased by €35.9 million, from €11.6 million in 2Q2021 to €47.5 million in 2Q2022. This increase was essentially due to higher sales of paper in volume and higher sales prices, partly offset by higher production cost and higher labor and fixed costs.