Thursday, April 26, 2012

UPM Q1 Sales Up 10%


http://www.upm.com/EN/MEDIA/All-news/Pages/default.aspx
Sales for Q1 2012 were EUR 2,591 million, 10% higher than the EUR 2,356 million in Q1 2011. Sales increased due to the Myllykoski acquisition in Paper in August 2011, as well as higher delivery volumes in other UPM businesses.

Second Uncoated Mill Announces Increase


Leading North American uncoated freesheet paper producer Domtar informed customers it will raise prices on all white business papers by $2/cwt ($40/ton) effective May 29.

Domtar Reports Q1 Net Earnings

Domtar reports net earnings of $28 million in first quarter, 2012:
Domtar Corp. is reporting net earnings of $28 million in their first quarter of 2012, compared to net earnings of $61 million in the fourth quarter of 2011.
Sales for the first quarter of 2012 amounted to $1.4 billion.

Graphic Packaging Reports Q1 Earnings

http://phx.corporate-ir.net/phoenix.zhtml?c=103159&p=irol-newsArticle&ID=1687718&highlight=
Graphic Packaging Holding Company,  a leading provider of packaging solutions to food, beverage and other consumer products companies, today reported Net Income for first quarter 2012 of $17.2 million. This compares to first quarter 2011 Net Income of $26.7 million.

Senate Passes Postal Reform Bill

U.S. Senate passes Postal Service reform bill: The U.S. Senate Wednesday passed a bill intended to relieve financial pressures on the U.S. Postal Service while retaining as many services as possible. The House of Representatives is considering its own version of the bill.