Clearwater Paper Corporation reports developments in paperboard packaging products for North American converters. The company produces bleached paperboard used in folding cartons, food service packaging and commercial printing, with recurring updates on shipment volumes, pricing, SBS market conditions and operating performance.
Company news also covers portfolio and mill actions, including Velora lightweight folding carton paperboard, the premium Candesce brand, the Cypress Bend facility and the Augusta mill integration. Other recurring items include quarterly earnings materials, cost-reduction initiatives, capital-structure disclosures, material agreements and governance matters.
Clearwater Paper (CLW) has refinanced its 2028 senior notes and existing term and ABL revolving credit facilities with a new term loan and revolving credit facility. On September 18, 2026, the company entered into an amended and restated credit agreement with AgWest Farm Credit, PCA, and a syndicate of lenders.
The new financing package provides a $200 million revolving credit facility, with about $15 million drawn at closing, and a fully funded $275 million term loan. The revolver also carries an uncommitted $100 million increase option, subject to lender participation, delivery of 2027 year-end financial statements, and other customary conditions.
Borrowings under the agreement were used to repay and terminate the existing ABL facility and to fund the redemption price for all $275 million senior notes due 2028. The new credit agreement matures in five years, on September 18, 2031, extending Clearwater Paper’s long-term debt maturity profile.
Clearwater Paper (CLW) released its 2026 Sustainability Report, updating progress through 2025 toward multiyear goals under its Everyday Responsibility framework.
The report covers three pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities, and notes that 2025 was challenging for the industry but the company focused on cost management, customer service and capital investments. Key 2025 highlights include:
- Lost-time injury rate reduced by >50% year over year and safety risks reduced by >20%.
- Scope 2 emissions reduced and the Augusta facility added to greenhouse gas reporting.
- Water intake intensity improved by 6%, progressing toward a 10% reduction target by 2030.
- Biodegradable Products Institute compostable certification at Lewiston and Cypress Bend mills and the launch of Velora™, a lightweight paperboard option, in early 2026.
Clearwater Paper (NYSE:CLW) reported second quarter 2026 net sales of $374.8 million, down from $391.8 million in 2025, as lower paperboard pricing more than offset an 8% increase in volumes to 328,722 tons. The company posted a net loss from continuing operations of $21.5 million, or $(1.33) per diluted share, versus income of $3.6 million, or $0.22 per share, a year earlier. Adjusted EBITDA from continuing operations was $(8.2) million, compared with $39.9 million in 2025, mainly reflecting lower market pricing and the timing of a planned major maintenance outage at the Lewiston, Idaho mill, which cost $22 million.
Clearwater Paper restructured its Cypress Bend, Arkansas facility, reducing roles by about 20% and targeting $8–$12 million in annual savings, and lowered net debt by $59 million in the quarter, aided by working capital reductions, tax refunds and insurance proceeds.
Clearwater Paper (NYSE: CLW) launched Circa™ paperboard, a new line of coated recycled board for U.S. folding carton and carrier applications, developed through a strategic collaboration with Greenpaper, a global producer of 100% recycled fiber paperboard. Circa adds a high‑performance recycled option aimed at dependable converting performance, reliable supply and value for everyday packaging.
The line includes Circa Carton, a coated recycled folding carton board, and Circa Carrier, a high‑strength carrier board for demanding environments. Made from 100% recycled fiber and produced on Greenpaper’s reinvested recycled paper machine using a circular manufacturing model, Circa supports customers’ sustainability goals while Clearwater Paper’s market reach and service expand access to CRB for independent U.S. converters.
Clearwater Paper (NYSE: CLW) will release its second quarter 2026 financial results on Tuesday, July 28, 2026, after market close. President and CEO Arsen Kitch and CFO Sherri Baker will review the results on a conference call at 2:00 p.m. Pacific Time, with access via advance online registration and a simultaneous webcast on the company’s investor relations website.
Clearwater Paper (NYSE: CLW) announced that President and CEO Arsen Kitch and CFO Sherri Baker will participate in two investor conferences in June 2026.
They will attend the Wells Fargo 16th Annual Industrials & Materials Conference on June 9 in Chicago and the Truist Securities Industrials & Services Conference on June 16 in New York, holding one-on-one and small group investor meetings.
Clearwater Paper (NYSE:CLW) reported Q1 2026 results for the quarter ended March 31, 2026: net sales $360.3M, net loss $12.8M (loss per share $0.80), and Adjusted EBITDA $2M. Volume rose 5% to 302,918 tons while average selling price fell to $1,101/ton. The company launched Velora, announced a facility restructuring targeting $8–$12M annual savings, and received $17M of insurance proceeds while pursuing additional recoveries.
Clearwater Paper (NYSE: CLW) will release Q1 2026 results on April 28, 2026 after market close. A conference call with CEO Arsen Kitch and CFO Sherri Baker is scheduled the same day at 2:00 p.m. Pacific Time.
Investors can register for the call to receive dial-in details and unique entry codes; a live webcast and presentation slides will be available at the company investor website.
Clearwater Paper (NYSE: CLW) will restructure its Cypress Bend, Arkansas facility, reducing about 20% of salaried and hourly roles and operating the mill at roughly 50% production capacity. The company expects $8–$12 million of annualized cost savings while stating shipments will not be impacted. Clearwater Paper said it will provide severance, healthcare subsidies and outplacement services, and will engage in effects bargaining with the union. Management said the move responds to a supply-driven downturn and the mill may return to full production when industry conditions improve.
Clearwater Paper (NYSE: CLW) launched Velora, a lightweight folding carton paperboard for everyday packaging on March 30, 2026. Velora targets converters and brand owners seeking lower basis weights, dependable converting performance and cost-per-carton savings without moving to premium SBS grades.
Velora is made in the USA from domestic and imported materials, supports material reduction for sustainability goals, and meets SFI fiber sourcing and FDA 21 CFR food-contact standards.