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|BASF and Solenis to join forces by combining paper and water chemicals businesses|
Walden-Mott Corp. 05-03-2018 17:28:16
Ludwigshafen, Germany – May 3, 2018 – On May 2, 2018, BASF and Solenis have signed an agreement to join forces by combining BASF’s paper wet-end and water chemicals business with Solenis. The combined entity with pro-forma sales of around €2.4 billion and around 5,000 employees in 2017 aims to deliver additional value for paper and water treatment customers. The goal is to create a customer-focused global solutions provider for the industry. For the paper industry, the product portfolio of the combined enterprise will cover the entire range of functional and process wet-end chemicals, solutions for the water cycle for paper mills, as well as comprehensive service capabilities.
|SCA increases prices on publication paper|
Walden-Mott Corp. 05-03-2018 17:20:52
SCA increases prices on coated publication paper, CMR , and improved uncoated publication paper by 40 Euro per tonne.
|Domtar Corporation Reports Preliminary First Quarter 2018 Financial Results|
Walden-Mott Corp. 05-01-2018 17:43:05
FORT MILL, S.C., May 1, 2018 -- Domtar Corporation (NYSE: UFS) (TSX: UFS) today reported net earnings of $54 million ($0.86 per share) for the first quarter of 2018 compared to a net loss of $386 million ($6.16 per share) for the fourth quarter of 2017 and net earnings of $20 million ($0.32 per share) for the first quarter of 2017. Sales for the first quarter of 2018 were $1.3 billion.
|US Demand for Softwood Lumber is Forecasted to Increase in the Next|
Walden-Mott Corp. 04-27-2018 19:31:26
Seattle, WA -- US softwood lumber demand is expected to continue its upward trajectory
from the lows of the global financial crisis of 2008-2009, reaching an all-time high by mid 2020s, according to a newly released US Lumber Outlook Study by ForestEdge LLC and
Wood Resources International LLC (USLOS2018). In the study’s base case scenario,
lumber consumption in the end-use category “Non-Residential Construction” is forecasted
to grow the fastest and increase its share of softwood lumber consumption from 11% in
2016 to 14% by 2030.
|UPM Interim Report Q1/2018: UPM continues to grow earnings - Strong customer demand in all businesses|
Walden-Mott Corp. 04-26-2018 13:13:11
Jussi Pesonen, President and CEO, comments on Q1 results: "Commercially the first quarter was excellent. Customer demand was strong and we succeeded in increasing sales prices in all businesses, practically in all products. With this we were able to expand our margins and recover the impact of clearly higher input costs.
|UPM Paper ENA to be renamed UPM Communication Papers|
Walden-Mott Corp. 04-26-2018 13:06:19
Helsinki, April 26, 2018 - UPM Paper Europe and North America (ENA) business area will be renamed UPM Communication Papers as of 26 April 2018. The new name underlines the industry focus and global reach of the business area. It further highlights UPM's long-term commitment to sustaining its global graphic paper business, building on the view that paper will continue to be an important part of the media mix in the publishing industries and business communication.
|SCA Interim Report Q1 2018 - Net Sales Up 11%|
Walden-Mott Corp. 04-26-2018 20:07:31
SCA Interim Report Q1 2018 Net sales increased 11% to SEK 4,400m (3,972). Sales growth was mainly related to higher prices in the industrial units. EBITDA rose 47% to SEK 1,175m (797). The improvement in EBITDA was mainly related to higher prices in Wood, Pulp and Kraftliner, and an improved market and product mix.
|UPM continues to grow in the global label paper business|
Walden-Mott Corp. 04-26-2018 20:00:09
Helsinki, April 26, 2018 -- As the world leader in label papers, UPM continues to grow in the attractive release liner segments to support its customers globally. Steady growth is expected to continue in all markets driven by favourable economic conditions and strong increase in specialty paper demand for labelling, packaging and e-commerce as well as in medical and hygiene applications.
|International Paper Reports First Quarter 2018 Earnings|
Walden-Mott Corp. 04-26-2018 19:44:30
MEMPHIS, Tenn., April 26, 2018 -- International Paper (NYSE: IP) reported first quarter 2018 net earnings attributable to International Paper of $729 million ($1.74 per diluted share) compared with $1.5 billion ($3.50 per diluted share) in the fourth quarter of 2017 and net earnings of $209 million ($0.50 per diluted share) in the first quarter of 2017.
|Stora Enso’s first quarter 2018 operational EBIT higher than expected at EUR 369 million|
Walden-Mott Corp. 04-13-2018 20:22:10
Stora Enso’s operational EBIT for the first quarter of 2018 was approximately EUR 369 million. This is well above the earlier guidance for the Q1 2018 operational EBIT. Sales for the first quarter of 2018, amounting to approximately EUR 2 579 million, were similar to the fourth quarter 2017 sales of EUR 2 511 million. The result was better than expected, mainly due to: