Sappi increases prices for its LWC and MWC grades prices by 6-8% from July 1st 2018 for all markets due to continued cost increases and strong demand. This follows previous announcements made for its woodfree coated and woodfree uncoated grades.
https://www.sappi.com/sappi-increase-lwc-and-mwc-grade-prices
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SCA to invest SEK 150 million in new processing equipment at Munksund paper mill in an initiative set to reduce environmental impact. “We will increase our production of pine oil, which is used to produce biofuels. At the same time, we’ll reduce energy consumption,” says Jens Riglert, site manager at Munksund’s paper mill. Pine oil is a by-product of the production of pulp and originates from the wood used. The chemical industry has long used pine oil to produce a wide variety of products including paint and detergents, but now it is also a sought-after raw material for producing biofuels. “Pine oil is key to the transition to a fossil-free society. It can replace fossil fuels and thus help reduce global warming. Demand is increasing in Sweden and globally, as interest in biofuels increases,” says Riglert.
UPM has signed an agreement to sell 100% of the shares of its Austrian subsidiary UPM Kymmene-Austria GmbH to the HEINZEL GROUP, a leading pulp, packaging and paper producer and trader in Central and Eastern Europe. The transaction comprises the UPM Steyrermühl site with approx. 400 employees, including the newsprint paper machine with an annual capacity of 320,000 tonnes and the Steyrermühl sawmill operations with an annual timber capacity of 370,000 cubic meters. The parties have agreed not to disclose the value of the deal. Closing of the transaction and end of newsprint production at UPM Steyrermühl are planned for the end of 2023. HEINZEL is planning to take over responsibility for the mill after closing. Until then, all operations continue as is. HEINZEL plans to operate the UPM Steyrermühl site outside of graphic papers as an integrate together with its Laakirchen mill, which is located in the same communicaty. HEINZEL is considering the production of packaging materials to complement their existing product portfolio.
Effective with shipments on or after October 12, 2017, Flambeau River Papers will increase the transaction price by 5% for the following grades of paper as follows: FRP Offset Papers; FRP Glacier and Torchglow Opaque Papers; FRP Reply Card Papers; FRP Laser Bond Papers; FRP Converting Papers. All current standard upcharges and differentials remain in effect.