Key Highlights for First Quarter 2015: •Revenue up 2.9% YoY to US$26.5 million •Total CMP (corrugating medium paper) revenue and volume sold up 15.2% and 17.5%, respectively Mr. Zhenyong Liu, Chairman and Chief Executive Officer of Orient Paper, commented, "We are pleased with our first quarter financial performance as we experienced year-over-year top line growth, which was primarily driven by the continued market acceptance of our Light-Weight CMP products. Our revenue growth was notable because there were no sales of our digital photo paper products due to the production line relocation and our offset printing paper products experienced a decrease in sales volume due to a temporary interruption in production resulting from maintenance performed on one of our offset printing paper production lines in March 2015."
Please be advised that effective with shipments on or after September 4, 2018, Twin Rivers Paper Company will be implementing a $50-80/ton price increase for our Publishing, Packaging and Label and Technical grades according to the information below.
Effective September 4, 2018, the following grades will increase in price by $50/ton:
Publishing: • Freesheet: Snowbrite Opaque®, Custom Brite®, Custom Plus®, Twin Rivers® Opaque, Twin Rivers® Offset, Pharmopaque®, PharmBrite 92™, and SnowBrite Pharm® • Hybrid Grades: Border Brite®, Bridge Opaque®, Bridge Supreme®, Frontier Opaque, Frontier Supreme, Frabrite® 76 & 72
Packaging: • Acadia®, Bladepak®
Label: • Alliance® Label (TT & Release) • Customized Base Papers
Effective September 4, 2018, the following grades will increase in price by $80/ton:
Publishing • Hybrid Converting, Tablet, Colored Tablet + Packaging • TR Specialty Bag + • Bleached Converting/Converting + Technical • All technical grades
We value your business and appreciate your ongoing support. Please contact your Twin Rivers Account Manager if you have any questions