Total European shipments of graphic papers in August 2020 were down 24.5% vs. August 2019 and are down 20.6% year-to-date. Total European shipments of newsprint in August 2020 were down 25.0% vs. August 2019 and are down 18.3% year-to-date. Total European shipments of sc-magazine in August 2020 were down 21.3% vs. August 2019 and are down 20.1% year-to-date. Total European shipments of coated mechanical reels in August 2020 were down 32.2% vs. August 2019 and are down 28.1% year-to-date. Total European shipments of uncoated mechanical (improved & others) in August 2020 were down 13.4% vs. August 2019 and are down 9.8% year-to-date. Total European shipments of coated woodfree reels in August 2020 were down 33.1% vs. August 2019 and are down 26.8% year-to-date. Total European shipments of uncoated woodfree reels in August 2020 were down 15.7% vs. August 2019 and are down 15.8% year-to-date.

Steven Mattes, CEO of Industrial Assets Corp., states the site has over a billion USD of investment capital put into the infrastructure and equipment at the site. The workforce is determined to keep the mill in operation with a high level of technical knowledge and work ethic. Industrial Assets and its partner, Maynards Industries, are uniquely suited to find the perfect strategic buyer, most likely in the growing packaging grade sector. This mill's infrastructure is very desirable, featuring a 50 MW Cogeneration system, which will provide low cost energy, the site includes rail service, all permits in place for an immediate restart for a domestic or foreign buyer. This 55-acre site with 1.2 million sq. ft. is ideal for running containerboard grades. The (3) paper machines have trim widths ideal to serve the corrugator converters with a customer base ready to enter into production output agreements. The Jagenberg off-machine coater laminator provides the distinct advantage to produce linerboard to the growing demand of the high end graphics segment of commodity packaging. "We have a combined ability to provide direct financing and leasing program for all size companies to take advantage of this very unique opportunity," said Taso Sofikitis, CEO/President of Maynards. Click Read More below for additional information.

China's pulp and paper sector is witnessing transformative growth with Huatai Group's announcement of its monumental $2.3 billion investment in a fully integrated forest-pulp-paper project located in Yulin, Guangxi. This state-of-the-art facility is designed to produce 400,000 tons of dissolving pulp, 600,000 tons of chemical wood pulp, and 900,000 tons of eco-friendly industrial paper each year. Supported by a vast 1.5-million-mu raw material forest base—equivalent to approximately 100,000 hectares—the project exemplifies the industry's shift toward vertical integration, securing supply chains against volatile raw material prices and enhancing operational resilience. As China accelerates toward high-quality development, projects like Huatai's exemplify capacity optimization and sustainability. Peers such as Nine Dragons and Sun Paper are pursuing similar strategies, fostering competition while driving innovation in **Recycling / Deinking Technologies** for pulp processing. This integration model not only stabilizes domestic supply but also challenges traditional exporters in North America and Europe to adapt strategies.