Category Archives: Reports

Resolute announces $50 million in lumber investments

Resolute Forest Products recently announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter. “The cash generated with our lumber platform in these […]

Buckman announces price increases

Buckman, a privately-held global company specializing in innovative chemistry and smart solutions, announced global price increases of 5 to 20% for all product offerings. The price increases will become effective immediately, or as customer contracts allow.   Price increases will vary depending on geographic region, solutions offered and market(s) served. In some areas, increases may […]

Solenis to increase prices on all water process and pulp & paper product lines

Solenis, a leading global producer of specialty chemicals, will increase prices by 5 to 15 percent on all water treatment, process and pulp & paper product lines across the EMEA region, effective immediately or as customer contracts allow. The price increase is necessary due to the tightening of raw material supply globally and escalating energy, […]

Archroma releases its 2020 sustainability report

Archroma, a global leader in specialty chemicals towards sustainable solutions, today announced the release of its Sustainability Report for its fiscal year 2020.   Prepared again in accordance with the Global Reporting Initiative (GRI) standards, and building on a strong track record, the report outlines the company’s progress on its priority sustainability topics, such as […]

Hardwood fiber costs for pulp mills worldwide increased in 2020

Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019, according to the Wood Resources International.   Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulp logs prices in […]

Sappi continues recovery in results for second financial quarter 2021

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with the steady recovery from the ongoing challenges of the Covid-19 pandemic. EBITDA continued to improve quarter-on-quarter from a low of US$26m in our third quarter of 2020 through US$98m in the previous quarter to US$112 for the current quarter, […]

Resolute reports preliminary first quarter 2021 results

Resolute Forest Products recently reported net income for the quarter ended March 31 of $87 million, or $1.06 per diluted share, compared to net loss of $1 million, or $0.01 per share, in the same period in 2020. Sales were $873 million in the quarter, an increase of $184 million from the year-ago period. Excluding […]

US printing-writing paper shipments decreased 20 percent in March

The American Forest & Paper Association (AF&PA) released its March 2021 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 20 percent in March compared to March 2020. U.S. purchases of total printing-writing papers decreased 18 percent in March compared to the same month last year. Total printing-writing paper inventory levels decreased five […]

US recycled pulp exports rise significantly

 Since the announcement of China’s import ban for the recovered paper, it has become more and more common for Chinese paper mills to import recycled pulp instead. Recycled pulp demand in the USA has been growing in recent years. When China announced that it would stop importing recovered paper from abroad, Chinese paper mills started […]

Smurfit Kappa posts solid results in pandemic year 2020

Packaging group Smurfit Kappa was able to improve its profits in the challenging pandemic year of 2020 thanks to demanding growth in the second half o the year, but also due to lower one-off costs. Smurfit Kappa Group (SKG) achieved a solid performance in the 2020 business year, thanks in part to a strong fourth […]