Higher pulp prices boost Metsä Group’s profit in the first quarter of 2022

Finnish Metsä Group posts significantly improved figures for 2021 thanks to higher prices for pulp, sawn wood and board, accompanied by strong demand in some business areas. Despite the steep increase in costs as well as the impact of the pandemic and labour strike, the group posts higher year-on-year operating...

German speciality paper producer Drewsen Spezialpapiere has amended its terms and payment conditions. The company writes on its website that the amendments would take effect on 24 June 2022 in order to react appropriately to the second stage of the German government’s “emergency plan for natural gas”....

Belgium’s VPK Group reports its 2021 sales rose by 28 per cent over the previous year to reach €1.75bn. Owing to cost pressure Ebitda grew at a more modest pace of 7 per cent, coming in at €212m. Net operating profit of €88m was stable in the reporting year, which was characterised by increasing raw material and energy...