Net earnings were $3.5 million or $0.14 per share for the three-month period ended March 31, 2024, compared to $9.5 million or $0.37 per share for the equivalent period last year.
Packaging Paper & Board
Five employees are responsible for operating the facility and will be joining the ND Paper team.
Suzano's bid hinges on International Paper abandoning DS Smith deal, according to Reuters.
The transaction was concluded for a total consideration of approximately US$1.8 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the Supremex existing credit facility.
PulPac provides packaging producers with a manufacturing technology for sustainable packaging.
Q1 2024 Adjusted operating profit decreased by Euro 39.1 million from Euro 78.7 million to Euro 39.6 million.
Sonoco generated $166 million of operating cash flow and $80 million of free cash flow in the Q1 2024.
Acquisition to enhance Clearwater Paper's existing capabilities in paperboard manufacturing.
AFRY is collaborating with Italian paper association, Assocarta, to develop a net-zero roadmap for the pulp and paper sector in Italy.
The delivery is scheduled for Lecta’s annual shutdown in April 2025.
Operating rates for all major grades except Semichemical Medium increased compared to Q4 2023 while total production was down 0.7%.
Sappi Europe will increase prices effective on deliveries as from June 2024.
Transaction further advances Twin Rivers’ focus on core specialty papers business.
The boxboard operating rate was 89.2%, up 1.3 points from the same quarter last year.
Ahlstrom's former Filtration and Healthcare divisions merge to form Filtration and Life Sciences division, Food and Consumer Packaging remains the same, and the former Building Materials and Technical Materials divisions form the new Protective Materials division.
SCA increases the prices on brown and white kraftliner in Europe by Euro 60 per tonne.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
First quarter impacted by weather and fire.
Andritz has received an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to rebuild two existing OCC (old corrugated containers) lines for its mill in Surabaya, Indonesia.
Renewal to enhance quality and efficiency in boxboard production.