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UPM raises its earnings outlook for 2022

Strong market conditions have continued in all UPM businesses.

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Stora Enso raises its guidance for the full year 2022 operational EBIT due to sustained strong market conditions

Stora Enso estimates that the previous full year 2022 operational EBIT guidance will be exceeded. Hence, the Company changes its full year 2022 operational EBIT guidance to be higher than the full-year 2021 of EUR 1,528 million. The previous guidance for the full year 2022 was an operational EBIT to be approximately in line with the full year 2021.

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Sun Chemical to Increase Prices on Inks, Coatings, Consumables and Adhesives in North America

Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed and screen inks, coatings, consumables and adhesives in North America, effective immediately or as contracts allow.

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Sun Chemical to Increase Prices on Inks, Coatings, Consumables, and Adhesives in EMEA

Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East, Africa, effective June 1st 2022 or as contracts allow.

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Sylvamo Announces Dividend, Share Repurchase Program

The board also authorized a share repurchase program to acquire up to $150 million of the company's common stock.

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Rayonier Announces 5.6% Dividend Increase

Rayonier Inc. announced that its board of directors has approved a 5.6% increase in its quarterly cash dividend to $0.285 per common share from $0.27 per common share. The dividend is payable on June 30, 2022, to shareholders of record on June 16, 2022.

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Packaging Corporation of America Announces 25% Dividend Increase

Packaging Corporation of America announced that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $5.00 per share from $4.00 per share, a 25% increase.

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Sonoco to hike price for paperboard tubes and cores

Sonoco will raise the price for all paperboard tubes and cores by a minimum of 6%, effective with shipments in the United States and Canada on or after June 10, 2022.

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Greif, Inc. Announces a $50 Per Ton Price Increase on All Uncoated Recycled Paperboard (URB) and Coated Recycled Paperboard (CRB) Grades

Greif, Inc., a global leader in industrial packaging products and services, announced that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) and coated recycled paperboard (CRB).

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Sonoco Implementing Price Hike for Uncoated Recycled Paperboard

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 May 30, 2022.

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Sappi Europe announces further price hikes for its Speciality Paper Portfolio

Sappi Europe informs customers about ongoing challenges to cope with further increases of pulp, energy, chemicals and transportation costs.

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Södra hikes timber prices

Södra raises prices for softwood and hardwood pulpwood. The background is the market's high demand in the short and long term.

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Sylvamo Adopts Shareholder Rights Plan

The board adopted the plan after Atlas Holdings confirmed it entered into a block trade that would give Atlas nearly 14% of Sylvamo's outstanding shares and informed Sylvamo it also holds an unspecified amount of derivatives on Sylvamo shares. Sylvamo's leaders maintain open dialogue with Sylvamo's investors, including Atlas, and plan to continue these conversations. Sylvamo recognizes Atlas' extensive experience in the paper industry.

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West Fraser to buy back up to $1.25B in stock

West Fraser Timber Co. Ltd. announced that its board of directors (the "Board") has approved the commencement of a substantial issuer bid (the "Offer") pursuant to which the Company will offer to purchase from shareholders for cancellation up to US$1.25 billion of its outstanding Common shares (the "Shares").

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Cascades Changes 2022 Annual General and Special Meeting of Shareholders to a Virtual-Only Format

Cascades Inc. announced that, due to the ongoing public health impact of the coronavirus (COVID-19) pandemic, and to mitigate the health and safety risks to the Company's shareholders, the location of the Company's 2022 Annual General and Special Meeting of Shareholders (including any adjournments or postponements, the "Meeting") has been changed to a virtual-only meeting format.

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NOREXECO, Myles Cohen sign agreement to cooperate in investigating opportunities for financial pulp and paper futures in North American markets

Myles Cohen has served as a division president at both Pratt Industries and Sonoco Products Company over the past two decades.

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Rayonier Advanced Materials Issues Statement Regarding Letter from Chatham Asset Management

Rayonier Advanced Materials Inc. issued the following statement in response to the March 17, 2022 letter from Chatham Asset Management, LLC ("Chatham") sent to the independent members of Company's Board of Directors.

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Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors

Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials ("RYAM" or the "Company") (NYSE: RYAM) and is a substantial bondholder of the Company, today sent a letter to the independent members of RYAM's Board of Directors (the "Board") expressing its concerns that management is not taking action quickly enough to proactively address the Company's upcoming debt maturities.

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Sappi Europe announces price hikes for its woodfree paper grades

Sappi Europe continues to face increasing costs to its Graphic Paper business, related to energy costs as well as raw material cost rises due to availability challenges. It is forecast that this volatile environment will persist for now due to the current uncertain political and economic climate.

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Sonoco Raises First-Quarter 2022 Financial Guidance

Sonoco, one of the largest global sustainable packaging companies, provided updated first-quarter 2022 earnings guidance and announced its earnings release date and investor conference call information.

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Rayonier Advanced Materials Announces $146 (€133) per ton Cost Surcharge

This surcharge is necessitated by the impacts of rapidly escalating inflation and directly correlates to the significant increase in the Company's costs for energy, logistics, chemicals, and wood.

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SCA to hike kraftliner prices by Euro 100 per tonne

SCA says it will be hiking the prices on white and brown kraftliner in Europe by Euro 100 per tonne. The new price is valid from April 1, 2022.

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Södra hikes timber prices

Södra makes a broad timber price increase and raises the price for timber, pulpwood, low timber and fuel wood. At the same time, contractors are also compensated for the cost increase that has taken place due to higher fuel prices.

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Sonoco-Alcore to Increase Paperboard Prices in the EMEA Region

Sonoco-Alcore S.a.r.l. announces that due to the continued escalation in the cost of European energy, it will raise prices by €100 (£85) / tonne on all recycled paperboard grades sold in the Company's EMEA regions effective for all shipments made on or after the 14th March 2022.

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Essity publishes Annual and Sustainability Report 2021

Sales growth was strong during the year and net sales amounted to approximately SEK 122bn.

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Displaying Articles 1 - 25 of 227
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