Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced ratification of a four-year collective agreement by Unifor union members at seven of the company’s pulp and paper mills in Canada, following an agreement-in-principle reached on May 15, 2022.
In FY 2021, the Postal Service had a net loss from operations of $2.7 billion, a $0.9 billion improvement from FY 2020. The decrease in net operating losses for FY 2021 was primarily due to $4.0 billion more revenue than in FY 2020. When non-operating expenses are included, the Postal Service had a total net loss of $4.9 billion in FY 2021—an improvement of $4.2 billion compared to FY 2020.
Sonoco recently announced that it will be increasing the prices for all paperboard tubes and cores by a minimum of six percent. The price increase is effective after June 10 and is applicable for all shipments in Canada and the United States.
Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East, Africa, effective June 1st 2022 or as contracts allow.