SCA will increase the price of Brown Kraftliner by €50 per tonne. The new price is valid for deliveries from November 1, 2020.
“We see a robust market environment with increased demand and we have strong orderbooks” says Mikael Frölander, Vice President Sales & Marketing Containerboard.
https://www.sca.com/en/about-us/Investors/press-releases/2020-10/sca-to-increase-kraftliner-price-by-50-per-tonne/
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SCA has launched a new tool with AI functionality for digital forestry planning. In 2023, small-scale tests were conducted to scale up to more extensive tests in 2024. “It’s incredibly exciting. It involves both new technology and new working methods that give us several advantages,” says Magnus Bergman, who leads SCA Forest’s technology and digitization staff. The goal is that by 2025, all forest planners at SCA Forest will use digital forestry planning to prepare for harvesting in SCA’s own forests. “Digital forestry site planning brings several positive aspects. The most important is that we achieve more efficient forestry site planning thanks to higher and more consistent quality of our forest data, and a large part of the planning work can be done in the office. Additionally, we can plan more during the winter,” says Magnus.
Stora Enso continues to develop the Trayforma range further and introduces a new solution for conventionally heated food packaging applications, featuring less than 10% PET plastic. Trayforma is a wood fibre-based material for ready meals packaging, enabling brand owners and retailers to switch from fully fossil-based materials to renewables. The new Trayforma PET34 material continues to offer core properties such as food protection and heat resistance but has a significantly reduced amount of fossil-based barrier materials. When heating food in conventional oven, board materials need a PET coating to provide heat resistance and protect food. Meeting the threshold of 10% PET plastic will be an important step in producing trays made of Trayforma a better fit for fiber-based packaging recycling streams, and for achieving recyclable labelling in markets such as the UK. “We believe Trayforma products will have many future applications because they are low-carbon and help brand owners reduce their carbon footprint and use of fossil-materials, offering these benefits to consumers. Thanks to its renewable origin in wood fiber and its optimised barrier options, Trayforma range offers the right performance and several alternatives for the ready meals category, now also better fit for recycling,” says Tuomas Puonti, VP, Head of Business Line LPB Fresh & FSB from Stora Enso.
In the third quarter of 2020, net income was $7.5 million (or $0.11 per share) compared to $1.2 million (or $0.02 per share) in the third quarter of 2019 and a net loss of $8.4 million (or $0.13 per share) in the second quarter of 2020. In the first nine months of 2020, Operating EBITDA decreased by 41% to $143.1 million from $244.6 million in the same period of 2019. In the first nine months of 2020, net loss was $4.3 million compared to net income of $63.1 million in the same period of 2019.