The negotiations for collective labour agreements for UPM Specialty Papers, UPM Raflatac, and UPM Biofuels are ongoing.
印刷&书写纸
Company plans to close the Hürth newsprint mill and shut down a fine paper machine at Nordland Papier (PM 3) in Dörpen.
Market strategies have undergone significant changes due to the sanctions. The mill lost its European market for containerboard, which previously accounted for two-thirds of this product's sales.
Iberpapel reported a net profit of Euro 3.93 million in 1Q 2024, year-on-year growth of 0.64%. EBITDA amounted to Euro 7.68 million, down 6.93% from 1Q 2023.
Jamie A. Beggs and Scott A. Tozier to join as newest Board members.
U.S. printing-writing paper inventory levels decreased 2% when compared to March 2024.
Q1 2024 Adjusted EBITDA was $118 million (13% margin) vs. $117 million (12% margin) in Q4 2023.
The contribution to EBITDA is estimated to SEK 10-30 million annually for the first two years of operation starting 2025.
Five employees are responsible for operating the facility and will be joining the ND Paper team.
AFRY is collaborating with Italian paper association, Assocarta, to develop a net-zero roadmap for the pulp and paper sector in Italy.
U.S. purchases of total printing-writing papers also decreased 1% in February compared to the same month last year. Total printing-writing paper inventory levels decreased 1% when compared to February 2024.
Sales in the wood product industry decreased by 0.2% from January.
Valmet’s change negotiations completed in Services and Paper business lines, EMEA area organization and corporate functions.
Sappi Europe will renew price negotiations to reach the level of min. 10% originally announced, with implementation latest by 1 May 2024.
Total printing-writing paper inventory levels decreased 1% when compared to January 2024.
Effective May 1, 2024, Silvernail will succeed Mark Sutton, who previously announced the final phase of the CEO succession process.
For the 12-month period, Producer Price Index (PPI) increased by 1.6% y-o-y, the highest level since September 2023.
Drewsen Spezialpapiere to invest Euro 4.5 million for expansion of warehouse capacity. Construction is due to commence in autumn 2024.
Elliott Baxter has acquired 100% of the shares. The acquisition will generate combined group turnover in Ireland of circa Euro 50 million.
UPM's businesses and the Paper Workers’ Union have been negotiating for the last two years of the contract period. The business environment has changed significantly since the agreements were signed in 2022, said UPM.