# Clearwater Paper Corporation

> Clearwater Paper is a publicly traded paperboard supplier serving North American packaging converters. After buying the Augusta mill and selling its tissue division in 2024, it concentrated on paperboard manufacturing, technical service and sheeting, with premium SBS, lightweight and recycled grades for consumer goods and foodservice packaging.

- **Founded:** 2008
- **Headquarters:** Spokane, United States
- **Products:** Candesce, ReMagine, NuVo, Velora, Circa Carton and Circa Carrier
- **Notable:** Completed the 2008 Potlatch spin-off and began NYSE trading under CLW., Acquired Augusta in May 2024, lifting paperboard capacity by nearly 75%., Completed a $1.06 billion tissue sale to Sofidel on November 1, 2024.

## Products & services

- **Candesce** — Premium solid bleached sulfate paperboard for consumer packaging and print applications.
- **ReMagine** — SBS folding carton board containing 30% post-consumer recycled fiber.
- **NuVo** — Cupstock containing 35% post-consumer recycled fiber with FSC chain-of-custody certification.
- **Velora** — Lightweight folding carton and foodservice board designed for higher yield and everyday packaging value; launched March 30, 2026.
- **Circa Carton and Circa Carrier** — 100% recycled-fiber coated recycled board supplied through collaboration with Greenpaper for the U.S. market; launched July 23, 2026.
- **Manchester Industries sheeting and converting services** — Custom sheeting, slitting and cutting, including service for smaller and midsize folding carton plants.

## Achievements

- Completed the 2008 Potlatch spin-off and began NYSE trading under CLW.
- Acquired Augusta in May 2024, lifting paperboard capacity by nearly 75%.
- Completed a $1.06 billion tissue sale to Sofidel on November 1, 2024.
- Reported more than $50 million of fixed-cost reductions in 2025.
- Reported 6% improvement in water intake intensity in its September 2026 sustainability release.

## Latest updates

- **2026-09** — Refinanced notes and credit facilities with a $275 million term loan and $200 million revolver; new agreement matures September 18, 2031.
- **2026-09** — Released its 2026 Sustainability Report, covering 2025 progress and selected subsequent initiatives.
- **2026-07** — Q2 sales were approximately $375 million and net loss approximately $21 million; paperboard volume rose 8% but average net selling price fell 9% year over year.
- **2026-07** — Launched Circa recycled paperboard with Greenpaper.
- **2026-03** — Launched Velora lightweight paperboard.

## Links

- Website: https://clearwaterpaper.com
- LinkedIn: https://www.linkedin.com/company/clearwaterpaper/
- Twitter/X: https://twitter.com/clearwaterpaper
- Facebook: https://www.facebook.com/ClearwaterPaper/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-23