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Lecta reports Q3 profit of €2.6M compared with year-ago loss of €18.3M, as revenue increases 50% year-over-year to €514.6M; paper segment sales rise 63% to €1.38B from year-ago revenue of €846M, with strong growth in coated woodfree, specialties

Global demand for printing-writing paper falls 2.4% in September, for seventh decline in a row, with mechanical papers again decreasing the most, by more than 10%; some prices up in Europe and China, down in Southeast Asia, mostly flat in the US: EMGE

ICRA upgrades West Coast Paper Mills' long-term rating to AA, notes improved financial profile in last year, strong technical capabilities in producing woodfree paper, cupstocks, special grade papers; performance trend expected to continue in medium term

Total US printing-writing paper shipments in October down 4% year-over-year, purchases up 6%, inventories down 1% from September; US uncoated freesheet paper purchases up 7% year-over-year, and US shipments of coated freesheet papers up 1%: AF&PA

Sappi's planned US$418M conversion, expansion of PM2 at Somerset Mill in Maine will convert PM2 from coated woodfree paper, coated one-sided label papers to SBS board, double capacity to 470,000 tonnes/year, support 1,000 contractor jobs during work

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