International Paper (IP) intends to stop newsprint production at the Madrid mill in Spain in mid-September, according to Euwid. The sites PM62 will be converted to production of containerboard slated to start in the fourth quarter of this year, as planned. The company is targeting a full ramp-up of the machine for early 2018. IP acquired the Madrid mill from Holmen in mid-2016 with the aim to make it a mill for recycled corrugated case material. PM 62 has the capacity to produce 330,000 tpy of newsprint.
Effective with all new and existing orders with confirmed delivery dates of September 7, 2018 or later, Verso Corporation is increasing the transaction price of the following Coated Freesheet sheets and sheeter roll grades, including but not limited to: Productolith Pts. Digital® C1S; Productolith Pts. Digital® C2S = As much as 4% & Productolith® Pts. C1S; Productolith® Pts. C2S = As much as 6%