This month marks a new milestone for paper production for Willamette Falls Paper Company (WFPC). On October 1, WFPC expanded its capacity on a third paper machine to manufacture additional coated freesheet paper.
Previously only running at 50% capacity, this paper machine is now operating at 100% capacity to meet customer demand. This has increased our ability to produce additional tons of 60# and 70# text, as well as a new higher yield 75# Sonoma® coated grade.
more at: https://whattheythink.com/news/112492-willamette-falls-paper-company-expands-manufacturing-capacity-meet-demand-coated-freesheet-paper/?utm_source=newsletter&utm_medium=email&utm_campaign=daily
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Total European shipments of graphic papers were down 0.3% in April '18 vs. April '17 and are down 3.5% year-to-date. Total European shipments of newsprint were down 7.0% in April '18 vs. April '17 and are down 7.8% year-to-date. Total European shipments of sc-magazine were down 1.2% in April '18 vs. April '17 and are down 8.1% year-to-date. Total European shipments of coated mechanical reels were UP 6.8% in April '18 vs. April '17 and are UP 2.9% year-to-date. Total European shipments of uncoated mechanical (improved & others) were UP 7.3% in April '18 vs. April '17 and are UP 7.1% year-to-date. Total European shipments of coated woodfree were down 2.9% in April '18 vs. April '17 and are down 5.8% year-to-date. Total European shipments of uncoated woodfree were UP 1.3% in April '18 vs. April '17 and are down 3.0% year-to-date. Click Read More below for additional information.
HIGHLIGHTS • Pulp sales of 2,722 thousand tons (+2% vs. 4Q20). • Paper sales of 371 thousand tons (+5% vs. 4Q20). • Adjusted EBITDA1 and Operating cash generation²: R$6.4 billion and R$4.8 billion, respectively. • Adjusted EBITDA1 /ton from pulp of R$2,114/ton (+59% vs. 4Q20). • Adjusted EBITDA1 /ton3 from paper of R$1,619/ton (+32% vs. 4Q20). • Average net pulp price in export market: US$630/ton (+38% vs. 4Q20). • Average net paper price3 of R$5,109/ton (+24% vs. 4Q20). • Pulp cash cost ex-downtime of R$747/ton (+20% vs. 4Q20). • Leverage down to 2.4 times in USD and 2.5 times in BRL.
“Supremex delivered significant profitability gains in the fourth quarter, driven by optimization initiatives across both businesses and gradually improving market conditions,” said Stewart Emerson, President and CEO of Supremex. “Our Envelope segment reported slight volume gains that were tempered by lower mix-related pricing during the quarter. As for Packaging, e-commerce fulfilment activities remained solid, partially offsetting a reduction in specialty printing, while markets subject to discretionary consumer demand continued to recover.” Total revenue for the three-month period ended December 31, 2024, was $69.1 million, representing a decrease of $3.2 million, or 4.5%, from the equivalent quarter of 2023. EBITDA was $13.7 million, up from $6.9 million in the fourth quarter last year. This increase of $6.8 million includes lower restructuring expenses of $2.7 million. Net earnings were $5.8 million or $0.23 per share for the three-month period ended December 31, 2024, compared to $0.7 million or net earnings of $0.03 per share for the equivalent period last year.