The Navigator Company announced today to its Customers that it will be increasing prices across its uncoated woodfree papers portfolio in Middle East, Africa, Asia, Oceania and Latin America, and it will be effective from 1st of January 2018, ranging from 5% to 7%.
http://en.thenavigatorcompany.com/var/ezdemo_site/storage/original/application/437acad42645b4f9cde42af4c066407b.pdf
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Financial summary for the quarter • EBITDA excluding special items US$183 million (Q2 FY23 US$167 million) • EPS excluding special items 12 US cents (Q2 FY23 11 US cents) • Net debt US$1,366 million (Q2 FY23 US$1,225 million) • Closure of Stockstadt and Lanaken Mills completed
Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce the appointment of Chris Crawford as Territory Sales Manager for the Southwest US. Based out of Las Vegas, Nevada, Chris will be responsible for Southern California, Nevada, Utah, Colorado, Arizona, and New Mexico. Chris has a wealth of industry knowledge, having worked across both the print and signage markets since 2005. This includes serving in a range of senior positions with various leading print and sign shops, as well as at major print and graphics distributors.
The alternative to the company's proposal will likely lead to bankruptcy at the parent company Norske Skogindustier ASA but Norske Skog AS and the mills will continue operations as normal under new ownership.
Norske Skog group has launched a new recapitalisiation proposal. According to the parent company Norske Skogindustrier ASA, this proposal provides a final opportunity to reach a consensual solution among all bondholders and shareholders.
Among the the key terms of the proposed recapitalisation transaction is the conversion into equity of all outstanding, secured and unsecured bond debt, resulting in secured note holders acquiring 94% equity ownership in Norske Skogindustrier ASA. Click Read More below for more of the story.