The Navigator Company announced today to its Customers that it will be increasing prices across its uncoated woodfree papers portfolio in Middle East, Africa, Asia, Oceania and Latin America, and it will be effective from 1st of January 2018, ranging from 5% to 7%.
http://en.thenavigatorcompany.com/var/ezdemo_site/storage/original/application/437acad42645b4f9cde42af4c066407b.pdf
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According to the report, total printing-writing paper shipments increased five percent in July compared to July 2020. U.S. purchases of total printing-writing papers increased nine percent in July compared to the same month last year. Total printing-writing paper inventory levels remained essentially flat (-0.1 percent) when compared to June 2021. Uncoated free sheet (UFS) paper shipments increased seven percent compared to July 2020 while the inventory level remained essentially flat (-0.4 percent) compared to June 2021. UFS imports and exports both increased compared to June 2020, up four percent and 18 percent respectively. U.S. purchases of coated free sheet (CFS) papers in July increased three percent compared to last July while the inventory level increased two percent compared to June 2021. CFS imports and exports both increased compared to June 2020, up 32 percent and 53 percent respectively. Coated mechanical (CM) paper shipments increased 16 percent compared to July 2020 while the inventory level decreased three percent compared to June 2021. CM imports and exports both increased compared to June 2020, up 60 percent and 31 percent respectively. U.S. purchases of uncoated mechanical (UM) papers in July increased 28 percent compared to last July while the inventory level decreased four percent compared to June 2021. UM imports and exports both increased compared to June 2020, up 61 percent and 180 percent respectively.
Earlier today we notified our employees that we have completed the sale of Twin Rivers’ unbleached Kraft paper mill in Pine Bluff, Arkansas to American Kraft Paper Industries, an affiliate of the global industrial group American Industrial Acquisition Corporation (AIAC). Our press release, which will be published this afternoon, is included for your reference. The sale of Pine Bluff is aligned with Twin Rivers’ strategy of prioritizing the growth of our core specialty papers business and product offering and investing in our Madawaska and New York assets. Twin Rivers Paper is pleased to continue serving your needs for all paper grades made at our Madawaska and New York mills. If Angela Swenson has been your account lead for Madawaska or New York grades, a Twin Rivers account manager will be contacting you immediately to ensure your ongoing needs are fully met.
• Interfor generated $205.0 million of cash flow from operations before changes in working capital, or $3.07 per share, and an additional $24.9 million of cash from reduced working capital. • Capital spending was $36.0 million, including $21.7 million on high-return discretionary projects primarily in the U.S. South. US$96.1 million has been spent on the Company’s Phase II strategic capital plan through December 31, 2020. • Net debt ended the quarter at $(75.4) million, or (7.5)% of invested capital, resulting in available liquidity of $787.5 million.