Arctic Paper, the second largest European producer of bulky book paper and one of Europe’s leading producer of high quality graphic paper, generated revenues of 1.6 billion Zloty after three quarters of 2010, up 22.8 percent compared to the same period in 2009. The Company recorded a net loss of nearly 6.2 million Zloty, which was due to high prices of pulp during the period, and foreign exchange rates adversely affecting the Company.Generated revenue per ton of paper sold in the third quarter was 3,200 Zloty, an increase by 6.9 percent compared to the previous quarter and up eleven percent in comparison with the first quarter of 2010.Demand for paper increased compared to last year and was a contributing factor when implementing further price increases for paper manufactured by the Arctic Paper Group. In September the Group again introduced price increases that will affect performance in the next months, the company writes in a press release.The production capacity utilization in the third quarter of 2010 calculated for all mills in the Group was more than 94 percent. The average use of the Group’s production capacity over the last seven quarters amounts to 96 percent.