• Pulp sales of 2,486 thousand tons (-11% vs. 3Q22). • Paper sales1 of 331 thousand tons (stable vs. 3Q22). • Average net pulp price in export market: US$547/ton (-33% vs. 3Q22). • Average net paper price1 of R$7,085/ton (+3% vs. 3Q22). • Pulp cash cost ex-downtime of R$861/ton (-2% vs. 3Q22). • Leverage of 2.7 times in USD and 2.6 times in BRL. • Cerrado Project completes 78% of physical progress and 68% of financial progress.

News of the sale of the Ohio-based company Verso could have major implications on Wisconsin's paper and timber industries. But the Swedish company that's buying it hasn't clarified its plans for the shuttered Wisconsin Rapids mill. The Rapids mill employed 900 workers and served as the upper Midwest's largest buyer of Wisconsin forest products until the company took the mill idle in July 2020. The closure has had lasting effects on the city, and on industries that relied on the mill — especially logging. The packaging company BillerudKorsnäs AB announced Sunday it would acquire Verso Corp. In statements and in a press conference, executives for the company announced a $1 billion, nearly decade-long plan to convert and upgrade the mill in Escanaba, Michigan, into a producer of sustainably made paperboard. They also discussed plans to maintain operations at Verso's mill in Quinnesec, Michigan. Conspicuously absent from either company's statements, though, was significant discussion of Wisconsin Rapids.

Please be advised that, effective with shipments on or after October 1, 2017, Resolute Forest Products will raise its Coated and SC paper prices by amounts specified below (see primary grades listed). The products impacted by the price increase include, but are not limited to, the following: ResoluteBrite 76 Gloss; ResoluteBrite 76 Satin; ResoluteGloss; ResoluteBlonde Gloss = + $1.00/cwt US and ResoluteSCA+; ResoluteSCA; ResoluteSCB; ResoluteSNC = + $2.00/cwt US. The increases will be applicable to all basis weights and finishes, and all up charges apply.