Tissue World Magazine
Alexandra Stuthridge, Technical Business Manager, BioProducts Institute (BPI)

Clearwater Paper has reported total tissue sales volumes of 127,758 tonnes in the first quarter of 2014, down 3.6% compared to the first quarter of 2013.

Converted product cases shipped were 13.4 million, down slightly year on year.

Average tissue net selling prices increased 4.2% to $2,239 per tonne in the first quarter of 2014 compared to the first quarter of 2013.
The company said this was due to an improved mix from increased TAD sales.

Net sales in the consumer products segment were $286.5 million compared to $284.9m. This increase was also primarily driven by increased TAD sales and slightly higher non-retail sales.

President and chief executive officer Linda Massman said: “With the consumer products division, we saw a highly-competitive tissue market and cold-weather related costs negatively impact the business.

‚ÄúMoving forward, we are focused on continuing to build strong customer relationships and take important steps to bring efficiencies to every part of our operation.”

The group reported net sales of $484.9m for the first quarter of 2014, up 5% compared to net sales of $460.8m for the first quarter of 2013.

Adjusted EBITDA for the quarter was $54.7m, up 43% compared to the same time a year ago.

The company said this was mainly due to increased paperboard volumes and pricing and $7 million of contribution from the company’s TAD expansion.