SCA will increase the price of Brown Kraftliner by €50 per tonne. The new price is valid for deliveries from November 1, 2020.
“We see a robust market environment with increased demand and we have strong orderbooks” says Mikael Frölander, Vice President Sales & Marketing Containerboard.
https://www.sca.com/en/about-us/Investors/press-releases/2020-10/sca-to-increase-kraftliner-price-by-50-per-tonne/
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Q1 2021 highlights • Sales decreased by 2% to EUR 2,234 million (2,287 million in Q1 2020) mainly due to lower prices of graphic papers and unfavourable changes in currencies • Comparable EBIT was EUR 279 million, 12.5% of sales (279 million, 12.2%), in line with last year • Pulp demand continued to be good and pulp prices increased rapidly. Strong markets continued for labelling materials, specialty papers and energy • Operating cash flow increased to EUR 217 million (137 million) • Strong financial position continues. Net debt was EUR 83 million (-405) and cash funds and unused committed credit facilities totalled EUR 3.2 billion at the end of Q1 2021 • UPM issued a EUR 500 million Green Bond under the EMTN programme in March
After much consideration, Nekoosa has chosen to discontinue and exit our DIGITAL COATED paper offering at the end of 2020 and we will be selling off our existing inventory without replenishment. The decision to exit this lane was not an easy one, but at the end of the day we do feel it’s best for our business. We are operating on a “while supplies last” basis for this product line and customer service can let you know our current stock levels and pricing for the SKUs that you typically buy. The reasons for this decision can be summarized as a combination of things such as: supply chain issues, an interest in freeing up converting equipment to focus on other product segments, and profitability of the line.