Due to insufficient results and the significant cost increases for pulp and other raw materials, chemicals and logistics Papierfabrik August Koehler SE is increasing its prices for all products by 7 – 12 % for deliveries from January 1st 2018 onwards.
https://www.koehlerpaper.com/en/service/news/meldungen/Price-increase-16-10-2017.php
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HEINZEL GROUP recorded a respectable result in the challenging environ-ment of 2020 and created a good basis for further growth after completely freeing itself from debt. Sebastian Heinzel joins the management as Chief Strategy Officer with immediate effect. HEINZEL GROUP increased production in both the paper and pulp segments in the 2020 financial year, with total production rising to 1,607,030 metric tons in 2020. The growth in paper volume is at-tributable to the first full year of operation of the PM3 in Pöls, which specializes in low-grammage kraft paper, and the very good performance of the PM10 in Laakirchen, which produced more con-tainerboard than in the previous year. Total sales volume amounted to 3.7 million metric tons and was slightly lower than in 2019 due to the corona pandemic. Coupled with lower market prices, HEINZEL GROUP’s net sales consequently declined to EUR 1,611.7 million. Although lower wood prices and large-scale savings measures had a positive effect, HEINZEL GROUP’s EBITDA, at EUR 126.0 million, fell to the level of 2017. The group’s EBIT decreased to EUR 57.7 million and net profit for the year to EUR 39.9 million. Against this backdrop it is all the more remarkable that HEINZEL GROUP was able to completely free itself from debt and increase the equity ratio to 59.2%.
After the release of the stock exchange notice of today at 17:21, the company has been informed that the board of Norske Skog AS has decided to support an extension of the consent solicitation deadline for the board's recapitalization proposal. However, due to practical matters, it was not possible to make the Norske Skog AS resolution within the deadline at 17:00 CET, and consequently, the offer period has expired. The discussions with the key stakeholder groups will continue in order to achieve a consensual recapitalization solution for the Norske Skog group during the next days even though the offer period has expired. If these discussions are successful, an updated recapitalization proposal will be launched.
UPM Paper Europe and North America (ENA) business area will be renamed UPM Communication Papers as of 26 April 2018. The new name underlines the industry focus and global reach of the business area. It further highlights UPM's long-term commitment to sustaining its global graphic paper business, building on the view that paper will continue to be an important part of the media mix in the publishing industries and business communication. UPM Communication Papers is a world leading producer of graphic papers, offering an extensive product range for advertising and publishing as well as home and office uses. We serve our customers through a global sales network providing quality papers, strong services and an integrated supply chain. Our papers are produced in 15 paper mills in Austria, Finland, France, Germany, the UK and the USA. Click Read More below for additional information.