Billerud: Continued strong performance in the US, while Europe remains challenging

Since the initiation of the strategic review process in New Zealand in October 2020, a process made necessary by the secular decline of the publication paper industry and the impact of COVID-19, Norske Skog has explored a range of alternatives for the Tasman mill. Following a careful review, this process has resulted in a decision to close the Tasman mill and a sale of the mill’s assets. Production will cease by 30 June 2021, reducing Norske Skog’s newsprint capacity by approximately 150,000 tonnes per annum. The Tasman mill has only produced very limited volumes during 2021. Norske Skog will honour all redundancy and contractual obligations to the mill’s approximately 160 employees as the workforce is progressively reduced during the third quarter. The decision to close the Tasman mill follows a detailed review over the past eight months. It will address the substantial imbalance between newsprint production capacity and customer demand in the Australasian region. The Tasman mill has been an important contributor to the regional economy in New Zealand for the past 66 years, producing more than 15 million tonnes of publication paper over its lifetime. I would like to thank everyone who has worked at the mill for their outstanding contribution throughout the years, and their significant efforts to ensure a long and good life for the mill, says Sven Ombudstvedt, CEO of Norske Skog.

WestRock Company announced the future retirement of Jeff Chalovich, president of Corrugated Packaging and chief commercial officer, after an incredible 23-year career with WestRock. Moving forward, WestRock has also announced an evolution of its commercial and operational leadership structure and team reporting to president and chief executive officer, David B. Sewell. New Executive Leadership Structure and Roles: *Patrick (Pat) Lindner is assuming the role of president, Commercial, Innovation and Sustainability. *Patrick Kivits is assuming the role of president, Consumer Packaging. *Pete Durette is assuming the role of president, Corrugated Packaging, leading the converting sales and operations for the corrugated box business. *John O’Neal is assuming the role of president, Global Paper. This new organization combines the sales and commercial operations of the Consumer and Corrugated paperboard and containerboard businesses. *Tom Stigers is now responsible for the operations of all WestRock mills in the role of president, Mill Operations.

Paper Excellence Canada announced that it plans to restart the number 3 paper machine at its Catalyst Paper mill in Crofton, British Columbia in early January 2021. The restart reflects the strong performance being delivered by Catalyst’s paper sales force and paper operations making both existing printing and writing grades with new food and packaging papers. The machine was curtailed in the spring of 2020 after the impacts of an external malware attack, a forest fibre shortage, and the COVID-19 pandemic simultaneously impacted paper production as well as global paper demand. Approximately 58 jobs will return with the startup of the paper machine at the Crofton facility bringing its total employee count to about 560. Crofton is one of Canada’s largest pulp and paper mills responsible for injecting almost $3 million into BC’s economy daily.