Glatfelter is announcing a price increase for the listed grades and product lines sold in our United States market. The increase will be effective with shipments on or after May 21, 2018. The increase will be 4-8% for the following items: Moistrite® Form Bond; Worthington Index; Glatfelter End Leaf; Moistrite® MICR Colors; Index Card; Natures® End Leaf; Transform®Laser MOCR; Tiffin Tag; Glatfelter Offset; Spring Forge® Offset; Scioto™Ledger; Natures® Book; Spring Forge® Digital; Sealer Envelope; Conserve®; Thor® Plus & Thor® PCW; Carbonizing Bond; digiBOOK®; Hopewell Offset; Adena Opaque®; All Envelope grades; Pixelle® Ink Jet Uncoated Repro Bond; All Cut Size Papers (Mill/Private Label). All current standard differentials and upcharges remain in effect.

“We delivered a strong first quarter, with improved operational execution, lower cost structure, and higher shipments,” said Arsen Kitch, president and chief executive officer. “Our team also successfully completed the integration of the Augusta mill and is now focused on fully capturing volume and cost synergies by the end of 2026.” For the first quarter of 2025, Clearwater Paper reported net sales of $378 million compared to $259 million for the first quarter of 2024. Clearwater Paper reported net loss from continuing operations in the first quarter of 2025 of $6 million, or $0.36 per diluted share compared to net loss from continuing operations of $2 million, or $0.12 per diluted share for the first quarter of 2024. Adjusted EBITDA was $30 million compared to $14 million in the first quarter of 2024. The increase in Adjusted EBITDA was primarily driven by higher sales volume due to the inclusion of our Augusta facility, the absence of a significant weather event at our Lewiston, Idaho facility that negatively impacted the first quarter of 2024 and benefits from our cost reduction plan, offset by lower sales prices.

Production at the expanded Östrand pulp mill began according to plan during the midsummer holiday (i.e. this weekend). SCA is investing SEK 7.8bn in the operation and the project is on budget and schedule. SCA decided in 2015 to invest in an increased production capacity at the Östrand pulp mill – from 430,000 tonnes to about 900,000 tonnes of bleached softwood kraft pulp (NBSK). Following an extended maintenance stop, which began in April of this year, the expanded pulp mill is now in operation. Production capacity in the expanded pulp mill is expected to increase successively during 2018 and 2019. 2020 is therefore expected to be the first year with full production, corresponding to 900,000 tonnes. Click Read More below for additional information.