UPM concluded the sale of its hydro power facilities in Steyrermühl, Austria to Energie AG, an energy infrastructure company located in Upper Austria on 31 July 2017.
The transaction was announced in March 2017.
http://www.upmpaper.com/whats-new/all-news/Pages/UPM-concluded-the-sale-of-its-hydro-power-facilities-in-Steyrermühl-to-Energie-A-001-Tue-01-Aug-2017-08-33.aspx
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In keeping with its commitment to the environment and increased energy efficiency, Lecta has announced an innovative renewable energy project to harness solar radiation for thermal power to be used in manufacturing processes at its Condat Le Lardin-Saint-Lazare mill. With the help of an expert specialized in the installation of thermal power plants for the paper industry, starting this fall Lecta will have a thermal solar power plant at the mill with a capacity of 3.4 MWth. Its total surface area will be 1.4 hectares, with 45,434 square feet of solar panels deployed on the surrounding land and an ability to provide around 3,900 MW/year of energy. Panels with solar trackers, mechanical devices that orient the collectors, will follow the position of the sun during the day and convert the sun's rays into thermal energy that will be sent to the mill as hot water. Click Read More below for additional information.
According to the February 2018 Printing-Writing Monthly report, total printing-writing paper shipments decreased five percent in February compared to February 2017. U.S. purchases of printing-writing papers decreased four percent in February. Total printing-writing paper inventory levels decreased two percent from January 2017. Imports of printing-writing papers began 2018 four percent lower than January 2017 imports, while exports began the year 12 percent less than January 2017.
Please be advised that effective with shipments on or after July 1, 2018, Resolute’s White Paper grades noted below will increase by US$30/short ton. Products impacted by this price increase are limited to the following: ResoluteSelect 70, 65; ResoluteBook 70, 65,60 & ResoluteBook 70 Cream. The increase will be applicable to all basis weights and finishes, and all upcharges apply.