RISI Report: Leipa to Increase LWC Prices January 1, 2018

On Wednesday, 28 May, a ceremony was held in Mönsterås to mark the start of construction of Södra’s new kraft lignin plant. The facility is an important step in Södra’s…

JANUARY–JUNE 2021 (1–6/2020) *Sales were EUR 2,942 million (2,453). *Operating result was EUR 379 million (163). Comparable operating result was EUR 416 million (158). *Result before taxes was EUR 354 million (139). Comparable result before taxes was EUR 391 million (134). *Comparable return on capital employed was 15.0% (6.2). *Net cash flow from operations was EUR 374 million (203). President and CEO Ilkka Hämälä: "The first half of 2021 turned out to be altogether excellent for Metsä Group. The growth in demand as well as the increase in prices in the pulp business and mechanical wood products, which began during the fourth quarter in 2020, continued throughout the period. The paperboard business also continued its strong performance and there, too, the already robust demand continued to improve, due to which price levels in different market areas also took an upward turn. Demand for consumer products in tissue paper was on a significantly lower level than in the previous year, and the intermittent easing of the pandemic did not yet figure greatly in the demand for professional products.

Paper Excellence Canada today announced that Catalyst Paper Corporation has been voted amongst Canada’s Best 50 corporate citizens by Corporate Knights. This is the thirteenth time that Catalyst Paper, which operates pulp and paper facilities in Crofton, Port Alberni, and Powell River, British Columbia, has achieved the Best 50 Award with Corporate Knights. The Best 50 Award is judged using 21 key performance indicators that relate to the organization’s raw resource use, emissions profile, innovation, women in key positions, safety performance, and percentage of revenue from clean sources. Paper Excellence’s VP of Environment, Health and Safety, Graham Kissack, said “We’re extremely proud to be part of this group of leading Canadian companies demonstrating that sustainable business practices can be both profitable while offering long term stability and protection of our ecosystems.”