Suzano will increase pulp prices in Europe and North America by $120 per metric ton, while prices in Asia will increase by $20 per ton, according to the source.
Graphic Packaging Holding Company disclosed that its Compensation and Management Committee approved a retention package for Joseph P. Yost, Executive Vice President and President, Americas. The package includes a $2 million cash retention bonus and a grant of service-based restricted stock units (RSUs) valued at $2 million.
Newfoundland and Labrador Hydro has agreed to a short-term power purchase agreement with Corner Brook Pulp and Paper Limited to buy clean hydroelectricity. This agreement provides the Provincial Government an opportunity to review and consider Kruger's proposed approach to diversification at Corner Brook Pulp and Paper.
