www.pulp-paperworld.com - Financial News
As previously announced, Michigan State legislatures have approved legislation to grant Billerud investment support of up to USD 200 million in funding to support Billerud’s investment plans. Today, Michigan Governor Gretchen Whitmer signed the legislation, approving the Michigan Economic Development…
Valmet has been recognized for its climate work by receiving A- rating and reaching a leadership level in CDP's Climate ranking. CDP's evaluation is based on the company's disclosure about its strategy, targets, governance, risks and opportunities, risk management and…
Valmet has been included in the Dow Jones Sustainability Index (DJSI) for the ninth consecutive year. The company was listed again both in the Dow Jones Sustainability World and Europe indices. The Dow Jones Sustainability Index evaluates companies’ ESG (Environmental,…
Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe will increase its prices to its European customers by 8-10% on its range of Woodfree Coated and Uncoated papers, and Paperboard  from 12 September. This…
Södra posted a robust result for the second quarter of 2022. The result reflects the sustained strong market for Södra’s core products in pulp and sawn timber, but the market outlook is highly uncertain. In the second quarter of 2022,…
Due to continuing high cost and volatility in raw materials, energy and transportation Sappi Europe will be forced to increase its prices to its European customers by 8% from 15 May. This is in addition to previously communicated increases. Sappi’s…
Sappi Europe continues to face increasing costs to its Graphic Paper business, related to energy costs as well as raw material cost rises due to availability challenges. It is forecast that this volatile environment will persist for now due to…
Metsä Group has made donations of EUR 160,000 to Aalto University, LUT University, Tampere University, Åbo Akademi, University of Jyväskylä and University of Eastern Finland. Depending on the university, the donations will be allocated to the fields of technology, natural…
Kemira will implement a price increase of 10-30% for selected AKD (alkyl ketene dimer) wax based sizing products in APAC. The price adjustment will be effective immediately or as the existing AKD contracts allow. The decision is triggered by continuous…
The US South’s softwood industry has enormous potential for a variety of reasons. The region has a significant forest resource with room for expansion, low and stable wood costs, and a thriving lumber and pellet manufacturing sector. The local forest…
Sappi Europe will increase prices for its Graphic Paper and Board products (Coated and Uncoated Fine paper, Coated Mechanical paper and Paperboard) by approximately 8% effective on deliveries from 1 April. This is in addition to price increases implemented during…
Sappi Europe informs customers of further unavoidable price adjustments to its Speciality Paper grades due to the continued and unprecedented high level of raw material, chemical and logistics costs in combination with highly volatile and unpredictable energy prices. Therefore, further…
In the autumn of 2021, Metsä Group launched a ten-year nature management programme to finance regionally effective development projects that are carried out outside commercial Finnish forests and support biodiversity and the state of waters. These projects may relate to…
Wood fiber costs for pulp manufacturers have gone up in practically all countries covered by the WRQ over the past year. In the 3Q/21, the Softwood Fiber Price Index (SFPI) was at its highest level since 2014, 8.1% higher than…
Solenis, a leading global producer of specialty chemicals, will increase prices by 8 to 15 percent on all polyacrylamide polymers and retention aids across the EMEA region, effective February 1, 2022, or as customer contracts allow. The price increase is…
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