Effective with shipments May 21, 2018, International Paper will increase prices by 5% to 7% on the following products: Printing Papers o All Williamsburg o All Accent® Opaque o All Springhill®. Office Papers o All Hammermill® o All Hewlett Packard® o All Private Label o Generic White Box o Relay. Postmark® Envelope; DataSpeed® Laser MOCR; By George®. This increase applies to all virgin, recycled and treated products. We are also increasing our standard basis weight price differentials on all Envelope and Laser MOCR products as follows: 20lb over 24lb: $2.00/cwt 22lb over 24lb: $1.00/cwt. Additionally, the freight stop off charge will increase from $300 to $500. All other standard upcharges will continue to apply. Orders acknowledged prior to April 20, 2018 will ship at the pre-increase price.

UPM inaugurates today its new pulp terminal in the port of Montevideo, Uruguay. This investment of approximately USD 280 million is a fundamental part of UPM’s USD 3.47 billion growth investment in Uruguay that includes a state-of-the-art pulp mill in Paso de los Toros, new eucalyptus tree nursery as well as local community investments in Paso de los Toros. “This is a significant milestone in our growth project in Uruguay. The new pulp terminal with direct connections from the new pulp mill and to the global markets plays a key role in the growth and competitiveness of UPM’s pulp business,” says UPM President and CEO Jussi Pesonen. “The public infrastructure investments to the deep sea port and railway improve the competitiveness of all export sectors in Uruguay.”

In addition to significantly boosting the mill’s production capacity, the upgrades will further enhance our first quartile performance in safety and quality. With this major investment, the Camden plant will continue to be a stable and significant employer in this region, paying good wages and benefits to our valuable employees. The upgrades, which will begin later this year, will include an upgraded new planer mill, a new continuous dry kiln to increase drying capacity, as well as new Sawmill equipment that will help increase the mill’s production capacity. Work is expected to be complete in the fourth quarter of 2019. Click Read More below for additional information.