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Recent Articles

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Mondi to sell Syktyvkar pulp, paper mill in Russia to Augment Investments for 95B Russian rubles--about €1.5B--following group's decision to divest its Russian assets; mill makes market pulp, uncoated fine paper, containerboard, employs 4,500 people

World newsprint demand continues downward spiral in June, dropping 6.2% year-over-year, while operating ratio falls to 83% versus 85% in May; price range in Europe, including UK, shrinks sharply as quotes at highest and lowest levels disappear: EMGE

Cascades' project to convert idled PM1 newsprint line at Bear Island mill in Ashland, Virginia, to produce containerboard for North American market now expected to cost US$470M-US$485M, up from US$380M initially; start-up may also be delayed to Q1 2023

May graphic paper shipments in Europe decreased 9.1% year-over-year to 1.818 million tonnes, with five of six grades decreasing, and total exports down 35.4%: Euro-Graph

UPM's Q2 profit up 20% year-over-year to €292M, as sales rise 7% to €2.56B on price increases in all business areas, more than offsetting negative impact of higher costs; communication papers posts strong quarter, specialty papers improves from Q1

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