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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Financial summary for the quarter and full year: *EBITDA excluding special items - For the quarter US$391 million (Q4 FY21 US$177 million); For the year US$1,339 million (FY21 US$532 million) *Profit for the period - For the quarter US$26 million (Q4 FY21 US$35 million); For the year US$536 million (FY21 US$13 million) *EPS excluding special items - For the quarter 44 US cents (Q4 FY21 11 US cents); For the year 138 US cents (FY21 15 US cents) *Net debt US$1,163 million (FY21 US$1,946 million)
Mondi launches its new recyclable Protective Mailers made entirely of paper. The innovative mailers, developed in collaboration with Amazon, enable eCommerce companies to securely ship goods without the need for plastic bubble wrap, while remaining fully recyclable in conventional paper waste streams. The Protective Mailers are made from Mondi’s strong but lightweight kraft paper and open-flute material, offering a unique combination. The flexible design offers the possibility of customising the open fluting to the needs of the product, ensuring resilience and product protection to prevent goods from shifting inside the mailer and safeguard products in transit. The good printability of Mondi’s kraft paper enables customers to add effective branding and distinctive designs to each mailer.
Solenis is expanding production at its Ankleshwar facility in India to manufacture its next-generation Pergafast™ 425 color developer for the thermal paper market. Part of Solenis’ imaging product line, the patented Pergafast™ 425 provides additional performance capabilities as compared to the company’s well-known Pergafast™ 201 color developer. Color developers are used in the formulation of the coating layer in thermal papers. They play a key role in developing the image on the paper when exposed to heat in the thermal printing process. Thermal paper is used in various applications, such as supermarket receipts and packaging labels. “With this new expansion, we intend to support our customers in their journey towards more sustainable products,” said Christophe Zebst, director, Product Management.