Tag Archives: Verso

Scrap paper and plastic markets hit by confluence of forces

Supply and demand realities for key curbside materials are evolving fast, impacted by the coronavirus pandemic, domestic processing capacity increases, and other key trends, according to two experts. Bill Moore of Moore & Associates and Stephanie Baker of KW Plastics last week described the factors impacting recycled material end markets. They spoke during a session […]

Verso Corporation Reports Third Quarter 2020 Financial Results

Verso Corporation (NYSE: VRS) today reported financial results for the third quarter of 2020 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending December 31, 2020, in the amount of $0.10 per each outstanding share of Verso’s Class A common stock. The quarterly cash dividend is payable […]

Verso Suspends Active Search for a Buyer of Its Wisconsin Rapids Paper Mill

The Heart of Wisconsin Chamber of Commerce on Oct. in a written statement said that Verso Corporation’s Board of Directors released new information on the selling of the Wisconsin Rapids Mill. Verso closed the Wisconsin Rapids mill in July 2020, ceasing production of paper at the location and putting the mill up for sale. A […]

Verso to Increase Price for Its BHK Pulp by $30 per Tonne

Verso Corporation notified customers that it is increasing the transaction price of all pulp products by $30 per metric tonne, effective with all orders shipping on or after November 1, 2020. This increase includes but is not limited to, Quinnesec® Hi-Maple BHK Pulp. Verso produces a high-quality Northern Bleached Hardwood Kraft (NBHK) Maple pulp at […]