Resolute, Verso and Catalyst Announce Price Hikes for Coated Groundwood and SC Grades
Oct. 6, 2016 – Major North American producers of groundwood and SC papers have announced price increases that will take effect on November 1.
Resolute Forest Products. Please be advised that, effective with shipments on or after November 1, 2016, Resolute Forest Products will raise its Coated and SC paper prices by amounts specified below (see primary grades listed).
The products impacted by the price increase include, but are not limited to, the following: $40 US/st on ResoluteGloss; ResoluteBlonde; ResoluteBrite 76; ResoluteBrite 80; ResoluteBrite 83+; ResoluteMax 84 and $50 US/st on ResoluteSCA+; ResoluteSCA; ResoluteSCB; ResoluteSNC.
The increases will be applicable to all basis weights and finishes, and all up charges apply.
Verso Corporation. Effective with all orders entered November 1, 2016 or after, Verso Corporation is increasing the transaction price of all Coated Groundwood grades by $2.00/cwt USD/$2.60/cwt CAD, including but not limited to: Liberty®; Balance®; New Era® Matte; New Era® ThinBulk.
The increase applies to all basis weights and related private label grades.
Catalyst Paper (USA). Please be advised that effective November 1, 2016, US pricing on shipments from Catalyst Paper (USA) Inc. will be increased for the following products: Coated Groundwood Grades + $2.00/cwt – Escanaba, Dependoweb, Capri, Consoweb; SC Grades + $2.50/cwt – Electracal, Electraprime.
This increase applies to all basis weights, finishes, grade extensions and related private label products.
SOURCE: Midland Paper, Packaging + Supplies www.midlandpaper.com