Market News of Note

Hygiene and health company Essity is announcing price increases in Consumer Tissue as a result of higher raw material costs. The price increases are announced in Essity's key markets and the percentage increases are on average in the mid-to-high single digits.

Sappi Europe announces a price increase for all its mechanical coated, woodfree coated and woodfree uncoated paper grades by 8-11% with immediate effect as contracts permit for its export markets. This is in addition to the previously announced and implemented increases.

Due to the current economic environment and the continued significant increase in raw material, manufacturing and logistics costs, Lecta announces a second price increase of 8% on all its 2-side CWF and UWF grades in sheets and reels.

Sappi Europe announces a price increase for all its woodfree coated and woodfree uncoated paper grades by 7 - 10 % effective 1. June 2021 for all markets in Europe. This is in addition to the previously announced and implemented increases.

The massive ship blocking the Suez Canal may prove to be a titanic pain in the butt -- by reportedly unleashing a toilet paper shortage not seen since the early days of the coronavirus pandemic.

The Board of Directors of Ahlstrom-Munksjö Oyj has resolved to apply for the termination of public trading in the shares of Ahlstrom-Munksjö and for the delisting of its shares from the official list of Nasdaq Helsinki Ltd and from the main market of Nasdaq Stockholm AB.

Kimberly-Clark Corporation announced that it is notifying customers in the U.S. and Canada of plans to increase net selling prices across a majority of its North America consumer products business. The increases will be implemented almost entirely through changes in list prices and are necessary to help offset significant commodity cost inflation.

Finnish forestry products company Stora Enso says it plans to stop producing wood pulp in Joensuu for strategic and economic reasons, but did not confirm ethical factors played a role despite recent adverse publicity about exports to China.

Sharply rising input costs, particularly relevant to pulp and energy in combination with very high freight rates due to global logistic constraints make price increases unavoidable.

Speaking at the city council meeting on March 4, Formosa said he wanted to announce that the Catalyst Paper Corporation mill in Powell River will be starting up one paper machine.

Sun Chemical will increase prices across a broad portfolio of its packaging and commercial sheetfed inks, coatings, and adhesives in North America (also EMEA and Latin America), effective March 15, 2021.

SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from April 1, 2021.

Sonoco announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after March 1, 2021.

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 March 1, 2021.

The increases will be applied individually, and depending on product category, effective for shipments beginning on February 22, 2021.

S&P Dow Jones Indices announces the following changes to the S&P/TSX Composite Index.

Metsä Board, part of Metsä Group, announced on 22 January 2021 its plan to strengthen its position as Europe's leading producer of folding boxboard by increasing production capacity.

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.

Two years after it was closed because of poor market conditions, the sawmill in Ignace, Ont., should be up and running in February.

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

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.

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

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.

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

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.