Market News of Note

The price increase is necessary to offset the continuous and relevant increase in manufacturing and transport costs and to restore our profitability. The price increase is effective immediately.

The Sussex-based company cited "volume declines" for closing the plants in Oklahoma City; Nashville, Tennessee; and Fernley, Nevada.

Due to significantly greater than expected demand in tissue, strong operating performance, and favorable cost trends, the company now expects Adjusted EBITDA for the fourth quarter of 2020 to be in the range of $71 to $76 million.

SCA increases the price on bleached softwood kraft pulp, NBSK, to $ 960 per tonne.

Sonoco-Alcore S.a.r.l. announced it will raise prices for paper-based tubes and cores by 7%. The increases will be applied individually and depending on product category, effective from shipments beginning on 18 January 2021.

Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe to $960, effective 1 January 2021.

Sonoco has announced it is increasing prices for all rigid paper containers and closures sold in North America by 5 percent, effective with shipments on, and after, January 15, 2021.

The U.S. Commerce Department has decided to lower the 20.2 percent duties it has been applying to most Canadian softwood exports to 8.9 percent as part of its annual review of the rates.

The price will increase US$20/metric tonne effective with shipments on or after January 1, 2021 and a second US$20/metric tonne increase will be implemented with shipments on or after February 1, 2021.

Wooden buildings are on the rise in the US and Stora Enso is entering the market with its cross laminated timber (CLT) product complying with the International Building Code® (IBS) that is necessary for the US American market as of 2021.

Lecta will increase its prices between 3-5%, for new orders with a delivery date on and after January 4th, 2021.

Sappi North America announces a transactional price increase of 3.5% to 5% on new and unconfirmed orders that book with a confirmed delivery date on or after Monday, January 4, 2021 on the following products: • McCoy Web • Opus Web • Somerset Web • Flo Web.

Kotkamills, a manufacturer of fully recyclable food service board, is currently exploring the possibility of establishing its own sales office in the North America. The launch of production in the still growing North American food packaging market is also being explored.

Stora Enso has decided to start using a valuation method for its forest assets in the Nordics based on market transaction data and change the accounting policy from the fourth quarter of 2020 onwards. Preliminary estimations, based on transactions in those areas in which Stora Enso has forest land, indicate that the value of the Group's forest assets, including leased land, will be between EUR 6.5 billion and EUR 7.0 billion, compared with the end of Q3/2020 book value of EUR 5.4 billion.

The fourth sheeting line at the UPM Kymi paper mill started full production at the end of October, strengthening UPM's position on the market for graphic fine paper sheets.

Effective with all orders shipping on or after November 1, 2020, Verso Corporation is increasing the transaction price of all pulp products by $30.00 per metric tonne.

Sonoco announced that it is implementing a price increase for all paperboard tubes and cores by 8 percent, effective with shipments in the United States and Canada on or after November 23, 2020.

Greif, Inc. announced that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) effective with shipments on or after Monday, November 9th, 2020.

Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning November 16, 2020.

Sonoco is implementing a $50/ton (USD/ST) increase on all domestic and export corrugating medium grades shipping from its Hartsville, South Carolina paper mill. The prices are effective with shipments on and after November 2, 2020.

Due to market conditions that remain unfavorable, after a 6-month temporary shutdown, Kruger Specialty Papers is forced to permanently shut down its newsprint, specialty papers and pulp production at its Brompton Mill. However, the water treatment plant will continue to operate and the biomass cogeneration plant will restart.

Schweitzer-Mauduit International says it is rapidly increased production of its Alphastar Electrostatic Media product at its Wilson, North Carolina manufacturing facility amid doubled customer demand from the prior year.

Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe by $40/tonne to $880, effective 1 October.

SCA increases the price on bleached softwood kraft pulp (NBSK) by $40 per tonne. The new price, $880 per tonne, is valid from October 1, 2020.

Resolute Forest Products is continuing plans to reopen its sawmill in El Dorado, Ark., that has been closed since last summer.