Monthly Archives: August 2016
Report: Globally Traded Hardwood Chip Prices Fell to Record Low in May 2016, While Softwood Chip Prices Moved Up
(Seattle, USA, August 03, 2016) The general price trend for hardwood chip traded overseas have been downward since late 2011 when the FOEX price index reached a record high. The softwood chip price index has also fallen from a peak almost five years ago, but the price decline has been less dramatic.
Global trade of hardwood chips have trended upward for six years and totaled almost 24 million tons in 2015. By far, the two largest wood chip-importing markets are Read More...
For the record – Majority of consumers value paper over digital-only communications
(Montreal, Canada, July 29, 2016) A new survey, commissioned by the Two Sides organization, reveals that many American consumers (79%) want to retain the choice of receiving paper bills and statements, at no additional cost.
The survey results also indicate that the environmental acceptance for print and paper is improving, with 91% of respondents agreeing that print and paper can be a sustainable way to communicate when responsibly produced and used.
Additionally, 88% agree that when forests are responsibly managed, it Read More...
Paper advantage: how handwriting makes you smarter
(Montreal, Canada, August 03, 2016) At your next meeting, will you be scribbling in a notebook or typing on a keyboard? According to a recent Wall Street Journal article, the method you choose can affect how you retain information.
A growing body of evidence reveals that note takers as a whole fare better than their laptop-equipped peers when it comes to learning.
One study from researchers at Princeton University and the University of California at Los Angeles found that the focus Read More...
Pixels or Print? How to Make the Right Choice
(Montreal, Canada, August 01, 2016) We all know that reducing the amount of paper we use is smart for the environment. But not everything is suitable for on-screen viewing. How do you decide between pixels and print?
Truthfully, both print and digital have environmental costs to consider. Your decision to print (or not) should be based on a variety of factors. These include the purpose of the document, the time available for review, the size of the audience that needs Read More...
Kadant to produce ceramic-tip creping blades
(USA, August 08, 2016) Kadant Solutions, a division of Kadant Inc., announced the expansion of its manufacturing capacity for its new CeraEdge™ creping blade line used in tissue manufacturing. The additional production equipment, located in Auburn, Massachusetts allows for a quick turnaround time of ceramic-tipped blades compared to bringing the product in from Kadant’s European-based blade production facility and also provides increased flexibility for producing doctor blades with special characteristics for unique applications.
The new CeraEdge ceramic-tipped creping blade product Read More...
Sappi Q3 profits significantly up for 3rd quarter ended June 2016; dissolving wood pulp prices seen remaining at high levels
(Johannesburg, South Africa, August 05, 2016) Highlights for the quarter
--Profit for the period US$32 million (Q3 2015 US$4 million)
--EPS excluding special items 11 US cents (Q3 2015 2 US cents)
--EBITDA excluding special items US$160 million (Q3 2015 US$109 million)
--Net debt US$1,583 million, down US$334 million year-on-year
Commenting on the result, Sappi Chief Executive Officer Steve Binnie said:
“Sappi’s results continue to reflect the positive impact of our strategy to diversify the group’s operations. Operating performance for the quarter improved markedly over Read More...
Mondi posts increased profit for 1H 2016 ended 30 June 2016
(Johannesburg, South Africa, August 04, 2016) Underlying operating profit for the half-year ended 30 June 2016 increased 8% to €529 million compared to the first half of 2015. We saw strong contributions from Consumer Packaging, Uncoated Fine Paper and the South Africa Division, driven by volume growth, pricing benefits and forestry fair value gains, respectively. This was partially offset by Packaging Paper, which was negatively impacted by lower average selling prices, and Fibre Packaging, which saw lower sales volumes Read More...
Brazilian pulp major Suzano reports strong operating cash generation of R$ 723 million in 2Q16
(Brazil, Aug. 03, 2016) 2Q16 Highlights:
--New records set for Revenue, Adjusted EBITDA and Operating Cash Generation¹ in the LTM² of R$ 10.9 billion, R$ 4.94 billion and R$ 3.8 billion, respectively.
--Consolidation of the paper price increase in the domestic market and advance in the Suzano+ Program.
--Lower cash cost in the quarter (ex-maintenance downtime): R$ 636/ton (-R$ 18/ton vs. 1Q16).
--Adjusted EBITDA of R$ 803/ton, demonstrating the resilience of the paper industry.
Net Revenue
Suzano’s net revenue in 2Q16 amounted to R$ 2,503.5 Read More...
Resolute reports preliminary second quarter 2016 results; reports 4 per cent drop in 2Q sales
(Canada, Aug. 4, 2016) Resolute Forest Products Inc. today reported a GAAP net loss for the quarter ended June 30, 2016, of $42 million, or $0.47 per share, compared to a GAAP net loss of $4 million, or $0.04 per share, in the same period in 2015. Sales were $891 million in the quarter, down $35 million, or 4%, from the second quarter of 2015. Excluding special items, the company reported net income of $6 million, or $0.07 per Read More...
Neenah Reports Record Second Quarter 2016 Results
(Alpharetta, GA., USA, August 03, 2016) Neenah Paper, Inc. (NP) today reported 2016 second quarter results.
Second Quarter Highlights
--Revenues of $246.0 million increased 16 percent with organic and acquisition-driven growth.
Operating income grew 22 percent to $33.9 million ($35.3 million after excluding $1.4 million of integration and restructuring costs).
--Earnings per diluted share from continuing operations of $1.21 compared with $0.96 per share in 2015. Excluding 2016 integration and restructuring costs of $0.05 per share, adjusted E.P.S. of $1.26 increased 31 percent.
--Cash Read More...