Blog Post

Fibria reports third-quarter net revenue of R$2.3 billion, EBITDA of R$758 million and lower production cash cost

(Sao Paulo, Brazil, October 31, 2016) Highlights:
• Net income in the quarter of R$32 million, bringing net income in the first nine months to R$1.755 billion
• Sales volume in the quarter of 1,442 million tons
• Production cash cost of R$638 per ton
• Pulp production of 1,311 million tons, increasing 3%
• Construction on the Horizonte 2 Project reaches 60% completion
• The project is ahead of schedule and R$1.2 billion under budget
Fibria, a Brazilian forestry company and the world’s leading eucalyptus pulp producer, reported net revenue of R$2.3 billion in the third quarter of 2016. Net income was R$32 million in the period and brought net income in the year to date to R$1.755 billion, compared to the net loss of R$553 million in the same nine-month period of 2015.
Sales in third quarter posted a solid performance of 1,442 million tons. Reflecting the seasonally weak demand due to summer vacation in the northern hemisphere, signs of recovery began to appear in mid-August and strengthened in September. The recovery in sales towards the end of the quarter and the hardly sustainable level of prices in Asia led Fibria to announce a price increase of US$20 per ton for the region, effective October 1.
Adjusted EBITDA (earnings before interest, tax, depreciation and amortization) amounted to R$758 million in the third quarter and to R$2.937 billion in the first nine months of the year. Pro forma EBITDA margin, which excludes Klabin’s sales of pulp from the Puma Project, stood at 37% in the quarter. The Company’s third-quarter results were affected by the 3% drop in the average pulp price in USD in the period and by the depreciation in the U.S. dollar against the Brazilian real of 7% (average exchange rate in period).
In the third quarter, pulp production amounted to 1,311 million tons, growing 2% from the volume in the second quarter of the year, due to the retrofitting of the C plant of the Aracruz Unit in Espírito Santo state in the prior quarter and the higher productivity of industrial plants, which helped to offset the effects from the scheduled maintenance shutdown at the Veracel Unit in Bahia state, the joint venture by Fibria and Stora Enso. In the first nine months of 2016, pulp production amounted to 3,802 million tons.
The third quarter was also marked by improvement in pulp production cash cost, which stood at R$638 per ton, down 4% from R$662 per ton in the second quarter. This performance was due to factors such as higher operating stability, higher production volume, the effects from the stronger Brazilian real, since approximately 15% of all costs are linked to the U.S. dollar, and the better result from energy sales, which helped offset the effects from the scheduled shutdown at the Veracel Unit. Excluding the effects from the shutdowns in the prior quarter, production cash cost was R$624 per ton, representing an even stronger decline of 6% from the second quarter, when production cash cost was R$662 per ton.
“Fibria continues to focus on operational excellence, which is a key pillar of our competitiveness. Given the more adverse environment in terms of exchange rates and pulp prices that we faced in the third quarter, controlling costs takes on even greater importance as a key factor for maintaining our industry leadership,” said Fibria CEO Marcelo Castelli.
Fibria’s cash flow, before investment in the expansion project at the Três Lagoas Unit (Horizonte 2 Project), the payment of dividends and investment in logistics, remained strong in the third quarter to reach R$402 million. In the nine-month period, free cash flow came to R$1.549 billion.
Fibria ended the third quarter with net debt of US$3.272 billion. Financial leverage, as measured by the ratio of net debt to EBITDA, stood at 2.33 times in Brazilian real and at 2.64 times in U.S. dollar, in line with the Company’s planning and within the limits set by its Indebtedness & Liquidity Policy.
“We ended the third quarter with a robust cash position of R$3.6 billion, or around US$1.1 billion, which leaves us extremely comfortable to move forward with our investment plans for the Horizonte 2 Project. The amount, coupled with other untapped financing facilities for the Horizonte 2 Project totaling US$1.2 billion, is more than sufficient to cover our financial needs for completing the project, of US$1.4 billion, and to service all debt maturing in 2016 and 2017. Furthermore, by end-2017, we will have an additional liquidity source in the form of the revenue generated by the new production line in Três Lagoas, which will strengthen our cash flow,” said Guilherme Cavalcanti, Fibria’s Chief Financial and Investor Relations Officer.
The Horizonte 2 Project, which consists of construction of a second pulp production line at the Três Lagoas Unit in the state of Mato Grosso do Sul, reached 60% completion at the end of the third quarter. The line is slated to be concluded by the start of the fourth quarter of 2017. Given the good progress on construction and the favorable conditions secured in the negotiations with suppliers, Fibria announced today that total capital expenditure on the Horizonte 2 Project, which will have annual production capacity of 1.95 million tons, decreased from the original estimate of R$8.7 billion to R$7.5 billion, representing savings of R$1.2 billion.
“The Horizonte 2 Project remains ahead of schedule and under budget, consistent with our philosophy of doing more with less. Fibria’s teams, partners and suppliers are all motivated and engaged in building the new production line, which already is a reference in the global pulp industry,” said Castelli.
In September, the company was selected for the fifth time as a component of the portfolio for 2016-2017 of the Dow Jones Sustainability World Index (DJSI World) of the New York Stock Exchange (NYSE). Fibria was the only company in the Forestry and Paper industry selected from among the nine companies participating in the selection of components for the global index. The company also was selected for the fourth straight time as a component of the Dow Jones Emerging Markets Index (DJSI Emerging Markets), which means it has been a component of the index since its creation. This year, Fibria was the only company selected from among the seven companies participating in the evaluation process.
For additional information Go To: http://www.fibria.com.br/ (Source: press release)

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Resolute Reports Preliminary Third Quarter 2016 Results

(Montréal, Canada, Nov. 3, 2016) Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today

kimberly_clark
Kimberly-Clark 3Q net sales down 3 per cent

(USA, Nov. 03, 2016) Kimberly-Clark Corporation reported 3Q 2016 results. Sales of $4.6 billion

longview
Weyerhaeuser completes divestment of its Longview mill

(Federal Way, USA, Nov. 02, 2016) Weyerhaeuser Company recently announced the completion of the

Q3
Q3/2016 Global HW Market Review: 1.031MT growth in global demand for BEKP; HW vs. SW spread at a high US$148/t in Europe & US$105/t in China

(Sao Paulo, Brazil, October 31, 2016) Highlights: • Sales volume of 1,442 million tons in the

leipa
Leipa (Germany) contracts Voith to convert newsprint machine for the production of white top testliner

(Germany, Nov. 01, 2016) Leipa Georg Leinfelder GmbH has contracted Voith to reconstruct its

Q3_results
Stora Enso’s 3Q sales down 4.3%

(Helsinki, Oct 26, 2016) Stora Enso’s 3Q 2016 sales at Euro 2 393 million

Q3_results
Glatfelter Reports Third Quarter 2016 Earnings

(USA, Nov. 01, 2016) Glatfelter (NYSE: GLT) today reported third quarter of 2016 net

IP_HQ
International Paper Reports Third Quarter 2016 Earnings

(Memphis, Oct. 27, 2016) International Paper (IP) today reported third quarter 2016 net earnings

canfor_pulp
Canfor Pulp Products Announces Third Quarter 2016 Results

(Canada, Oct. 26, 2016) Canfor Pulp Products Inc. (CPPI) today reported net income of

orchids_paper
Orchids Paper Products Company Reports 2016 Third Quarter Results

(New York, Oct. 26, 2016) Orchids Paper Products Company (NYSE MKT: TIS) today reported

Androscoggin-mill
Verso plans to temporarily idle 200,000 tons of annual production capacity at Androscoggin mill

(USA, Nov 01, 2016) Verso Corporation today announced plans to temporarily idle the No.

catalyst_logo
Catalyst Paper Announces Principal Securityholder Support for Recapitalization, and Gives Update on KGI Support Agreement

(Canada, Oct. 26, 2016) Catalyst Paper Corporation (“Catalyst” or the “Company”) today announced that

loading_paper
Brazilian pulp exports increased by 12.7% in January- July

(Sao Paulo, Brazil, Nov. 01, 2016) The planted tree industry of Brazil continues to

upm_kaukas
UPM reports third quarter 2016 results; sales fall 3 per cent

(Helsinki, Finland, Oct. 26, 2016) PM today report results for the third quarter 2016.

Q3_results
Graphic Packaging Holding Company Reports Third Quarter 2016 Results

(USA, Oct. 25, 2016) Graphic Packaging Holding Company (NYSE: GPK) today reported Net Income

bilt_1
India: JK Paper offers to buyout two Bilt units

(New Delhi, Oct. 26, 2016) In a BSE filing, Ballarpur Industries said ‘material subsidiary

valmet
Valmet signed Euro 200 million syndicated revolving credit facility agreement

(Helsinki, Oct. 23, 2016) Valmet Oyj has signed a new Euro 200 million syndicated

domtar
Domtar idling Kingsport paper mill to reduce inventory

(Kingsport, Tenn., USA, Oct. 20, 2016) Domtar Corp. announced Wednesday its downtown paper mill

ahlstrom
Ahlstrom invests Euro 23 million in its Kentucky plant

(Helsinki, Finland, Oct. 23, 2016) Ahlstrom will invest into engine and industrial filtration product

papcel
Papcel to supply new press parts for Mariyski CBK

(Prague, Czech Republic, Oct. 24, 2016) Papcel signed a contract to supply technological parts

fibria
Fibria Horizonte 2 Project progress report: assembling of the metal structure of the recovery boiler concluded

(Brazil, October 19, 2016) Fibria has announced that it has concluded assembling the metal

Q3_results
Clearwater Paper 3Q net sales down 1.6 per cent to $435.3 million

(Spokane, Wash., USA, Oct. 20, 2016) Clearwater Paper Corporation reported net sales of $435.3

Q3_results
Norske Skog reports strong 3Q/16 results; company to seek higher newsprint prices

(Norway, Oct. 19, 2016) “The improved market balance should allow for a substantial increase

pca
Packaging Corporation of America Reports Third Quarter 2016 Results

(USA, Oct. 20, 2016) Packaging Corporation of America (PKG) today reported third quarter 2016

billerud_frovi
BillerudKorsnäs CEO says “firm’s Q3 performance in line with plans”

(Sweden, Oct. 21, 2016) CEO Per Lindberg comments on the development during Q3 2016: “Once

pcmc
PCMC Italia boosts capacity with new plant

(Italy, Oct. 20, 2016) On October 12th, 2016, paper converting machine company PCMC Italia

debarking
Andritz to upgrade woodyard systems at Sappi’s mill in Skowhegan, USA

(Graz, Austria, Oct. 20, 2016) Andritz has received an upgrade order from Sappi North

Q2+review
Arauco reported 2Q net income of $57.5 million; an increase of 8.6%

(Santiago, Chile, Oct. 16, 2016) Arauco’s net income for the 2Q 2016 was $57.5

papcel
Czech paper machine maker signs India deal

(Prague, Oct 17, 2016) Czech paper machine maker Papcel a.s. has signed a contract

IP_HQ
International Paper Announces Senior Leadership Moves

(Memphis, Tenn., USA, Oct. 13, 2016) International Paper (NYSE: IP) today announced Carol L.

shipment
Global producers stock August 2016

(Stockholm. Sweden, September 22, 2016) Calculated as seasonally adjusted the stocks fell by 1

lenzing
Lenzing invests EUR 100 mn in dissolving pulp production

(Lenzing/Vienna, October 11, 2016) The Lenzing Group will expand and modernize its existing dissolving

kyviv
Kyiv Cardboard and Paper Mill reports successful start-up of OCC system

(Russia, Oct. 12, 2016) Kyiv Cardboard and Paper Mill are pleased to report the

weyerhauser
Weyerhaeuser to explore strategic alternatives for its Uruguay Timberlands and Manufacturing Business

(Uruguay, Oct. 12, 2016) Weyerhaeuser Company (WY) today announced the exploration of strategic alternatives

UPM_Wroclaw
UPM Raflatac to Invest EUR 35 Million in New Coating Line at Wroclaw Label Stock Plant

(Helsinki, Finland, Oct. 11, 2016) UPM Raflatac said that it is investing EUR 35

financial_report
Gascogne’s sales down 2.9 per cent to Euro 212.8 million in 1H 2016

(France, Oct. 11, 2016) Gascogne’s sales in the first six months of the year

praxair
Praxair signs oxygen supply agreement with Fibria for expansion project in Três Lagoas

(Sao Paulo, Brazil, Oct. 11, 2016) Praxair, Inc., through its Brazilian subsidiary White Martins,

divest
Weyerhaeuser to sell its printing papers business

(USA, Oct. 5, 2016) Weyerhaeuser Company today announced an agreement to sell North Pacific

HQ
Valmet to supply board machine rebuild for Arkhangelsk PPM

(Helsinki, Oct 04, 2016) The start-up of the rebuilt machine is scheduled for the

eurobox
Dunapack Eurobox to open Polish cardboard packaging plant

(Warsaw, Oct 06, 2016) Eurobox Polska has unveiled plans to set up a new

steel_yankee
Toscotec’s new technological plant for steel yankee dryers opens its doors

(Italy, Oct. 05, 2016) Toscotec pursues its investment strategy in order to enhance its

Q2+review
Arauco reported 2Q net income of $57.5 million; an increase of 8.6%

(Santiago, Chile, Oct. 05, 2016) Arauco’s net income for the 2Q 2016 was $57.5

sonoco
Sonoco Invests in New Equipment to Enhance High Performance Film Core Production

(USA, Oct. 05, 2016) Sonoco announced that it has made a significant investment in

sodra_1
Södra Inaugurates Värö Pulp Mill upon Completion of SEK 4 Billion Expansion Project

(Stockholm, Sept. 30, 2016 – Södra announced that an SEK 4 billion (approx. US$465

upm_paperasia
UPM Paper Asia to be Renamed UPM Specialty Papers

(Helsinki, Sept. 30, 2016) UPM announced that UPM Paper Asia business area will be

valmet_focus_rewinder
Valmet to supply a rewinder to Roto-cart in Italy

(Helsinki, Finland, Sept. 30, 2016) The Italian tissue converting company Roto-cart Spa has selected

valmet_downtime
Valmet carried out the first maintenance shutdown of CMPC Guaíba’s new pulp line in Brazil

(Brazil, September 28, 2016) Valmet was given an important role in the first maintenance

solway1
Link: Solvay’s Longview Expansion Nears October Completion

(Longview, Wash., USA, September 26, 2016) There is an emerging pulp market that Solvay

plymouth_mill
Domtar optimizing fluff pulp production

(Plymouth, N.C., USA, Sept. 28, 2016) Domtar Corporation announced a plan to optimize fluff

ez
Coldwater acquires EZ eco smart cleaner Technology for Wires and Press Felts– 90% Less Water and Eliminates Need for Mist Removal

(Atlanta, GA, USA, Sept. 26, 2016) David Withers, President, announced that Coldwater has acquired

papertubes
Sonoco to hike price for paperboard tubes and cores

(Hartsville, SC USA, Sept. 28, 2016) Sonoco recently announced it will raise the price

kapstone
KapStone Container Corporation announces price increase

(USA, Sept. 28, 2016) KapStone Container Corporation will be increasing box prices by a

Fibria_3
Link: The Future of Market Pulp

(Aracruz, Brazil, September 23, 206) Brazilian pulp major Fibria, recently hosted its 5th Investor

tres_lagoas
Capacities: Fibria’s Três Lagoas pulp mill project in Brazil 54% completed

(Aracruz, Brazil, September 23, 206) Fibria announces new productivity gains in its project to

financial_report
BEK producer Ence posted 1H 2016 earnings of €11.4 million, down 48% vs. year ago

(Spain, Sept. 23, 2016) Highlights: --The solid cash generation capability of Ence and its adjusted

GP_lumber
Georgia-Pacific completes $40 million expansion at its Arkansas facility

(USA, Sept. 22, 2016) The project expands the production capacity of the lumber mill

acquisition
Fila acquires St Cuthbert’s fine paper mill in UK

(Italy / UK, Sept. 23, 2016) Italy-based artistry tools company Fabbrica Italiana Lapis ed

financial_report
Södra reports operating profit of SEK 553 million ($64.5 million) in January-August 2016

(Stockholm, Sweden, 21 Sept. 2016) Within the context of Södra’s Group strategy, investments and

andritz_logo
Andritz receives follow-up order from Naberezhnye Chelny paper mill, a leading packaging producer in Russia

(Graz, Austria, Sept. 20, 2016) Andritz has received an order from ZAOR “Narodnoye Predpriyatie

papyrus
Papyrus exploring strategic alternatives for its French business unit including a possible divestiture

(Gothenburg, Sweden, Sept. 22, 2016) Papyrus is exploring strategic alternatives for its French business

acquisition
Sonoco ThermoSafe acquires Laminar Medica Group

(USA / UK, Sept. 21, 2016) Sonoco ThermoSafe, a unit of Sonoco and a

papcel_rewinder
PAPCEL to deliver a new rewinder to India

(Litovel, Czech Republic, 21 Sept. 2016) The company PAPCEL signed a contract for delivery

URB
Sonoco-Alcore to Increase Paperboard Prices Across Europe

(Brussels, Sept. 19, 2016) Sonoco-Alcore S.a.r.l. today announced it will raise prices by EUR

lahti
Stora Enso Plans Consolidation of Corrugated Packaging Production in Finland

(Helsinki, Finland, Sept. 15, 2016) Stora Enso announced plans to consolidate manufacturing of corrugated

atmp
Volga to invest in ATMP line

(Graz, Austria, Sept. 16, 2016) Andritz has received an order from JSC Volga in

URB
Sonoco Announces Price Increase for All Uncoated Recycled Paperboard Products

(USA, Sept. 15, 2016) Sonoco today announced that it will raise the price for

ecommerce
Caraustar Introduces New On-Demand Packaging Ecommerce Site, Rapid-Pack

(USA, Sept. 13, 2016) Caraustar Consumer Packaging Group has introduced Rapid-Pack.com, a new ecommerce

morrum_mill
Södra Breaks Ground for Pulp Mill Expansion Project at Mörrum

(Morrum, Sweden, Sept. 13, 2016) On Tuesday, the ground was officially broken for the

mondi
Mondi Hikes Price for All Brown Sack Kraft Paper Grades

(Johannesburg, S Africa, Sept. 13, 2016) Mondi recently informed its customers of a price

sharklet
Sappi North America Announces Neoterix ST with Sharklet Bacteria-Inhibition Technology

(Boston, USA, Sept. 13, 2016) Sappi North America has entered into an exclusive, worldwide

kapstone_logo
KapStone Paper and Packaging to Invest $25 Million in Converting Assets

(Northbrook, Illinois, USA, Sept. 08, 2016) KapStone Paper and Packaging yesterday announced it is

valmet_optiflo
Valmet to supply key technologies for Cheng Loong’s new board machine

(Helsinki, Finland, Sept. 12, 2016) Valmet will supply Cheng Loong Binh Duong Paper Company

heinzel
Andritz to convert SC paper machine to produce lightweight containerboard for Heinzel Group in Laakirchen, Austria

(Graz, Austria, September13, 2016) International technology Group ANDRITZ has received an order from Heinzel

segheza_logo
Segezha Group’s revenue increased by 34 per cent to RUB 21.4 billion ($329 million) in 1H 2016

(Russia, Sept. 06, 2016) Segezha Group announces its unaudited consolidated IFRS results for the

vrancart2
Romania’s Vrancart eyes €14.7M investment

(Bucharest, Romania, Sept. 09, 2016) Romania’s cardboard maker Vrancart Adjud is aiming to acquire

pressure_sensitive
Avery Dennison to strengthen pressure-sensitive manufacturing footprint; with $65 million Luxemburg investment

(Rodange, Luxembourg, Sept. 13, 2016) Demand for pressure-sensitive materials continues to grow in Europe.

drying_cylinder
Kyiv CPM to upgrade paper machine

(Kyiv, Ukraine, Sept. 09, 2016) Kyiv CPM has launched a modernization project of its

valmet_1
Hengan Starts Up Valmet-supplied Tissue Line in Wuhu, China

(Helsinki, Sept. 6, 2016) Valmet announced that an Advantage DCT 200HS tissue line supplied

valmet_ntt
Resolute’s Calhoun Tissue Operation on Track for First-Quarter 2017 Start-Up

(Calhoun, Tennessee, USA, Sept. 7, 2016) Resolute Forest Products today announced completion of commissioning

paperbox
Caraustar Industries Acquires Los Angeles Paper Box

(USA, Sept. 6, 2016) Caraustar Consumer Packaging announced that it has acquired Los Angeles

dssmith
DS Smith Completes Acquisition of Deku-Pack in Denmark; obtains €3.2M financing to develop Hungarian operations

(London, Sept. 5, 2016) DS Smith said that it has completed the acquisition of

domtar
Solenis to acquire Nopco Paper Technology

(Sept. 07, 2016) Solenis signed an agreement to acquire the shares in Nopco Holding

tubes_cores
Sonoco-Alcore to increase prices for tubes & cores in Europe

(Belgium, Sept. 2, 2016) Sonoco-Alcore S.a.r.l. announced it will increase prices for paper-based tubes

leeMan_Viet
Lee & Man Paper improved net profit by 28 per cent

(Hong Kong, August 30, 2016) One of the leading paper manufacturers in China, Lee

horizonte
NIB and Finnvera to finance Fibria’s eucalyptus pulp mill

(Sao Paulo, August 29, 2016) Loan agreement on a $225 million (Euro 199 million)

andritz)FiberGuard
Andritz to deliver recycled paper plant and PM approach to Pro-Gest

(Graz, Austria, August 30, 2016) The paper machine is targeted to produce 550,000 tons

ugrinpack
Hungary’s UgrinPack to expand, modernize plant

(Budapest, August 29, 2016) Hungary-based cardboard packaging maker Dunapack Kft has secured an investment

envelopes
Supremex acquired Bowers Envelope Company

(USA, Sept. 01, 2016) Supremex Inc. has acquired substantially all of the assets of

rottneros_plant
Rottneros posts its interim report January – June 2016; production volumes continuing to rise

(Sweden, September 01, 2016) Rottneros has published its interim report January – June 2016.

tres_lagoas
New Capacities: Fibria’s BEK capacity set to rise from 1.95M tonnes/yr to 3.25M

(Sao Paulo, Brazil, August 29, 2016) Brazilian pulp major recently announced that work on

domtar
Packaging Corp. of America Completes Acquisition of TimBar

(USA, August 30, 2016) Packaging Corporation of America (PKG) today announced that it has

SCA_1
SCA Integrates Its Business in the Middle East, India and Africa into Consumer Goods

(Stockholm, Sweden, August 22, 2016) SCA will integrate its Business Unit MEIA (Middle East,

split
SCA to Split Business into Two Listed Companies in 2017 — Hygiene And Forest Products

(Sweden, August 24, 2016) SCA is a leading global hygiene and forest products company.

domtar
Domtar to Acquire Home Delivery Incontinent Supplies Co. for $45 Million

(USA, August 18, 2016) Domtar Corporation today announced that it had agreed to purchase

zanders
Zanders Launches Flexible Oil and Grease Resistant Packaging Paper

(Germany, August 18, 2016) German specialty paper producer Zanders is launching the new oil

resolute
Resolute to Deploy Enzyme-Enabled Carbon Capture Technology at Saint-Félicien Pulp Mill

(Canada, Aug. 11, 2016) Resolute Forest Products Inc. today announced that it, along with

heinzel
Heinzel Group to Invest Over EUR 100 Million in Laakirchen Paper Mill in Austria

(Austria, August 15, 2016) The Supervisory Boards of Laakirchen Papier AG and Heinzel Holding

ilim
Ilim Group Signs Strategic Partnership with China’s Anhui Publishing Group

(Russia, August 12, 2016) Russian pulp and paper producer Ilim Group on July 22

financials
Fortress Paper reported 2Q operating EBITDA of $6.3 million

(Montreal, Canada, August 10, 2016) Fortress Paper Ltd. reported 2Q 2016 operating EBITDA of

acquisition
International Paper Moves Ahead with Acquisition of Weyerhaeuser’s Pulp Business

(Memphis, USA, Aug. 5, 2016) The U.S. Department of Justice has concluded its Hart-Scott-Rodino

sappi
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

mondi
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

suzano
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

resolute
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

neenah_products
Neenah Reports Record Second Quarter 2016 Results

(Alpharetta, GA., USA, August 03, 2016) Neenah Paper, Inc. (NP) today reported 2016 second

fibria
2Q/16 Global HW Pulp Market Review: improved market; widening HW – SW gap supported hardwood price hikes

(Sao Paulo, Brazil, July 25, 2016) Following a challenging beginning of year, demand for

pulp wood
Brazil’s pulp exports increased by 16.1 per cent in 1H 2016

(Sao Paulo, Brazil, August 01, 2016) The balance of trade for the Brazilian planted

madrid
Holmen completes sale of Spanish newsprint mill to International Paper

(Sweden, June 30, 2016) Holmen announced that the sale of its newsprint mill in

(Image: courtesy DS Smith)
UK-based packaging major DS Smith acquires Creo Retail Marketing

(London, June 23, 2016) DS Smith on June 23 acquired Creo Retail Marketing Ltd

suzhou_sample
Capacities: Stora Enso to close and divest Suzhou paper mill

(Helsinki, June 15, 2016) Stora Enso has signed an agreement to divest the key

tissueMachine
Andritz to supply two tissue machines to Guizhou Chitianhua in China

(Graz, Austria, January 26, 2016) Andritz said that it has received an order from

4_pulprolls
Pulp Review: strong US$ resulting in significant pressure on pulp & paper pricing, says BMO report; pulp prices forecast to be stable in 2016

(Montreal, Canada, December 23) The December 2015 issue of BMO Capital Markets’ monthly commodity

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