Stora Enso shipments slide as COVID-19 crumples paper demand April 22, 2020 Paper producer Stora Enso has suffered a loss of demand due to office closures linked to the COVID-19 pandemic. The firm’s CEO, Annica Bresky, has stated the firm faces “an accelerated structural decline for paper” and has extended its cost cutting program to cope. The drop in demand over the ... Read more →
Tariff Quote Watch: Sappi Suffers From The Trade War, But Not Due to Tariffs November 14, 2019 Wood-pulp maker Sappi canceled its dividend for this year, with CEO Steve Binnie stating the firm’s worsened prospects include “lower dissolving wood pulp prices driven by the ongoing trade wars and slower economic growth in various geographies”. U.S. exports of dissolving wood pulp – Sappi’s... Read more →
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