Sappi Lifts Order Moratorium
Effective immediately, the temporary order moratorium on CFS Web, Economy Sheets, and C1S has been lifted.
Please work with your Midland Paper, Packaging & Supplies Sales Representative if you have any questions.
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Mercer International Inc. reports first quarter 2022 results
Mercer International Inc. reported first quarter 2022 Operating EBITDA increased to a $154.5 million from $82.0 million in the first quarter of 2021 and decreased from $164.9 million in the fourth quarter of 2021. In the first quarter of 2022, net income was $88.9 million (or $1.35 per basic share and $1.34 per diluted share) compared to $5.9 million (or $0.09 per share) in the first quarter of 2021 and net income of $74.5 million (or $1.13 per basic share and $1.12 per diluted share) in the fourth quarter of 2021.
Sylvamo Releases Third-Quarter Results with Strong Earnings and Cash Flow
Third-Quarter Highlights: *Third-quarter net income of $92 million ($2.09 per pro forma share1) compared with $115 million ($2.61 per pro forma share) in the second quarter of 2021 and $51 million ($1.16 per pro forma share) in the third quarter of 2020. Third-Quarter Commercial and Operational Highlights: *Price and mix improved by $30 million versus the prior quarter and volume improved by $12 million *Operations improved by $10 million and total planned maintenance outage expenses declined by $27 million versus the second quarter *Input costs increased by $26 million, reflecting higher costs for wood, energy, chemicals, packaging and distribution