Canfor Corporation (TSX:CFP), further to its announcement on November 9, 2018, completed the purchase of Elliott Sawmilling Company Inc. (“Elliott”) on May 31, 2020.
Elliott adds over 210 million board feet of production capacity.
https://www.canfor.com/docs/default-source/news-2020/nr2020-06-01-canfor-elliott-acquisition-news-release.pdf?sfvrsn=41bee91_2
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The Paper Excellence Group and Resolute Forest Products Inc. announced their intention to sell Resolute's Thunder Bay pulp and paper mill to further facilitate the regulatory review process. "Today's announcement is a clear demonstration of our commitment to timely complete the acquisition of Resolute," said Patrick Loulou, vice chair and chief strategy officer of the Paper Excellence Group. "This is a very hard thing to do, but we believe it is necessary in order to accelerate our strategic combination with the Paper Excellence Group," stated Remi G. Lalonde, Resolute's president and chief executive officer. "The mill is an exceptional asset. I am confident that the dedicated and talented team in Thunder Bay will have a prosperous future with any company fortunate enough to have them as part of their organization."
Sappi Europe, a leading producer of high-quality graphic papers, announced a general price increase of 5-7% across its Coated Mechanical portfolio, effective from 1 January 2026
This adjustment is driven by a continued escalation in key input costs and the need to ensure the long-term financial sustainability of our operations. Despite significant internal efficiency programs and cost-saving initiatives, the industry continues to face a structurally elevated cost environment. Costs related to energy, transport, labour, chemicals, and fibre remain at levels that materially impact production economics.
"The cost situation has not reverted to pre-crisis levels, and the paper value chain continues to operate under inflationary pressure. At the same time, profitability in coated mechanical reels remains unsatisfactory and below the level required to justify ongoing investment and secure future supply. This price adjustment is therefore necessary to continue serving our customers reliably and sustainably."
said Antti Makkonen, Sales Director Graphic Papers
Pushing the boundaries in sports and print: Sappi’s Algro Design® Card forms basis for new 2018 photo calendar.
“Move X-treme. Discover your possibilities” – This is the umbrella theme under which ACTEGA Terra, Koenig & Bauer and Sappi have continued their successful joint calendar project over the last few years. The new 2018 calendar, hot off the press, depicts athletes who push themselves to their limits, whether in speed skating, white water kayaking or motocross. Steely resolve and perfect preparation can lead to outstanding sporting success. The rewards: strong emotions, a great deal of public interest and the satisfaction of having accomplished something extraordinary. These are reactions similar to those experienced by three companies from the worlds of speciality papers, quality printing and overprint varnishes for high-quality finishing as they produce their annual calendar. Click Read More below for additional information.