News

UPM Proceeding with Russian Joint Venture UPM Proceeding with Russian Joint Venture
4/29/2008
UPM said that it has agreed to form a joint venture with Sveza Group (Russia) to build a facility that would include a pulp mill, a sawmill and an OSB mill in the Vologda region of Northwest Russia.
Smurfit-Stone Container Posts 1st Quarter Loss Smurfit-Stone Container Posts 1st Quarter Loss
4/29/2008
Smurfit-Stone Container Corp. yesterday reported a first quarter 2008 adjusted net loss of $24 million, or $0.09 per diluted share. Results were flat on a year-over-year basis, and down from adjusted net income of $23 million, or $0.09 per share, in the fourth quarter 2007. Adjusted net income (loss) reflects adjustments to net income (loss) available to common stockholders per diluted share, as d
Pulp Imports to China Surged in 2007 Pulp Imports to China Surged in 2007
4/5/2008
Statistics from China Customs showed, in 2007, China imported a total of 8.472 million metric tons of pulp at the value of USD 5.55 billion, up 6.5% and 26.3% respectively from 2006, according to a news report on China Paper Online. And, demand for pulp imports in China continues to grow.
SCA Tissue NA Names Don Lewis as President SCA Tissue NA Names Don Lewis as President
4/5/2008
SCA Tissue North America said that Don Lewis has been named president of company, effective April 1.
Smurfit Kappa Group to Cut Containerboard Capacity Smurfit Kappa Group to Cut Containerboard Capacity
3/29/2008
Smurfit Kappa Group said that it plans to permanently close 130,000 tonnes of less-efficient containerboard capacity, along with reducing production capacity in 2008 by up to 80,000 tonnes through market-related downtime.
Port Townsend Paper CEO, John Begley, to Retire Port Townsend Paper CEO, John Begley, to Retire
3/29/2008
Port Townsend Paper Corp.announced that John Begley is retiring as its president and CEO at the end of April, and that Charles E. Hodges, also a member of the company’s board, will assume Begley’s position.
Tembec Reports Fire at Pine Falls Mill Tembec Reports Fire at Pine Falls Mill
3/29/2008
Tembec has confirmed that a fire broke out on Wednesday night (3/26) around 6:20 pm in paper machine No.1 at its Pine Falls facility in Manitoba, Canada.
Orchids Paper Products Company Posts 4th Quarter Profit Orchids Paper Products Company Posts 4th Quarter Profit
3/14/2008
Orchids Paper Products Company yesterday reported net income for the twelve months ended December 31, 2007
Thermal Paper Imports From China Face U.S. Duties Thermal Paper Imports From China Face U.S. Duties
3/14/2008
The U.S. Department of Commerce yesterday announced its preliminary decision to apply the U.S. anti-subsidy law to imports of lightweight thermal paper from China. The preliminary decision determined that certain Chinese producers and exporters of lightweight thermal paper received countervailable subsidies ranging from 5.68% to 59.5%, with one producer receiving a duty of less than 1%.
Activists Invade Stora Enso Plantation in Brazil Activists Invade Stora Enso Plantation in Brazil
3/6/2008
Stora Enso said that on March 4 its plantation in the southern Brazilian state of Rio Grande do Sul was invaded by about 800 activists, most of whom were women.
Sappi Says Needs to Fix European Business Sappi Says Needs to Fix European Business
3/6/2008
According to a Reuters news report, fine papermaker Sappi said that it needs to urgently fix its European business, but its North American operations had steadily improved.
SCA Increases Its Stake In China's Vinda SCA Increases Its Stake In China's Vinda
2/21/2008
SCA said that it has increased its stake in Hong Kong-based tissue maker Vinda, from 14% to 19%.
Paper Week General Session to Focus on Sustainability Paper Week General Session to Focus on Sustainability
2/21/2008
The American Forest & Paper Association (AF&PA) said that the Pulp & Paper General Session of the 131st Annual Paper Week will focus on one of the most critical issues facing the forest and paper industry today—sustainability.
Ahlstrom Completes Acquisition of Friend Group Ahlstrom Completes Acquisition of Friend Group
2/14/2008
Ahlstrom yesterday said that it has completed the acquisition of Friend Group Inc., which consists of West Carrollton Parchment Company and West Carrollton Converting Company.
Weyerhaeuser Mulls Sale of Commercial Construction Unit Weyerhaeuser Mulls Sale of Commercial Construction Unit
2/2/2008
Weyerhaeuser Company said that it will consider a broad range of strategic alternatives for its Commercial Construction Sales business and related assets.
Ahlstrom to Buy West Carrollton Parchment Company Ahlstrom to Buy West Carrollton Parchment Company
2/2/2008
Ahlstrom today said that it has signed an agreement to acquire Friend Group Inc., which consists of West Carrollton Parchment Company and West Carrollton Converting Company. The Group is a producer of vegetable parchment and has parchmentizing and converting operations located in West Carrollton, Ohio.
MeadWestvaco Fourth Quarter Earnings Rise MeadWestvaco Fourth Quarter Earnings Rise
2/2/2008
MeadWestvaco Corp. today reported 2007 fourth quarter net income of $148 million, or $0.82 per share. Included in the results are after-tax restructuring charges of $26 million, or $0.14 per share, primarily related to asset write-downs and employee separation costs, and after-tax one-time costs of $3 million, or $0.02 per share, related to the company’s cost initiative.
Rayonier Fourth Quarter Income Dips Rayonier Fourth Quarter Income Dips
1/25/2008
Rayonier today reported full year 2007 income from continuing operations of $174.3 million, or $2.21 per share, compared to $171.2 million, or $2.19 per share, in 2006. Excluding special items 1, earnings were $2.35 per share, or 18 percent, above 2006 earnings of $1.99 per share. In 2007, cash provided by operating activities of $324 million was $17 million above 2006. Cash available for distribu
Canfor Pulp Mill to Be Down 5 Weeks Due to Fire Canfor Pulp Mill to Be Down 5 Weeks Due to Fire
1/25/2008
Canfor Pulp Limited Partnership said it expects to take about 5 weeks of pulp downtime to make interim repairs at its Prince George pulp and paper mill in British Columbia due to a fire in the facility's chip screening and in-feed system.
Pope & Talbot to Sell Pulp Mills to Sinar Mas Group Pope & Talbot to Sell Pulp Mills to Sinar Mas Group
1/15/2008
Pope & Talbot, Inc. said that it has agreed to sell three pulp mills to one or more affiliates within the Sinar Mas Group for approximately $225 million, including the assumption of certain liabilities and $100 million of working capital proceeds that is not subject to the sale, to be realized after closing.
Weyerhaeuser to Sell iLevel Business in Europe Weyerhaeuser to Sell iLevel Business in Europe
1/15/2008
Weyerhaeuser Company today announced that it has reached a definitive agreement to sell its iLevel European engineered wood products operations to Finnforest of Finland, part of the Metsaliitto Group.
Stora Enso To File Complaint After Mill Protest Stora Enso To File Complaint After Mill Protest
1/5/2008
Stora Enso said it will file a criminal complaint about the demonstration that took place at its Kemijärvi pulp mill yesterday.
Caraustar to Bump Price for Uncoated Paperboard Caraustar to Bump Price for Uncoated Paperboard
1/5/2008
Caraustar Industries today said that it will increase prices for all grades of uncoated recycled paperboard by $40 per ton effective with shipments on and after January 28, 2008.
Mill Workers, Activists Take Over Finnish Pulp Mill Mill Workers, Activists Take Over Finnish Pulp Mill
1/5/2008
A combination of mill workers and local activists are holding a demonstration inside Stora Enso's Kemijärvi pulp mill in Finland in protest of the company's announcement to shut the mill by the end of June 2008.
Ahlstrom to Cut Another 250 Jobs Ahlstrom to Cut Another 250 Jobs
1/5/2008
Ahlstrom said that during the fourth quarter 2007 it has taken further restructuring actions in various parts of the company, eliminating an additional 250 positions.
Caraustar Buys Mayers Fibre Tube & Core Caraustar Buys Mayers Fibre Tube & Core
12/22/2007
Caraustar Industries today said that it has acquired Mayers Fibre Tube & Core, located in Winnipeg, Manitoba, Canada
Stora Enso Furthers Intent to Build Mill in Russia Stora Enso Furthers Intent to Build Mill in Russia
12/22/2007
Stora Enso yesterday said that it has signed a letter of intent with the Nizhny Novgorod regional administration in Russia for a proposed paper and pulp mill in the region.
New Study Details Sources of Global Fiber Supply New Study Details Sources of Global Fiber Supply
12/22/2007
The American Forest & Paper Association (AF&PA) today released a new report, "Wood for Paper; Fiber Sourcing in the Global Pulp and Paper Industry," which details the forest types from which the fiber for producing wood pulp and paper is coming. The report also comments on the extent that third-party certification of fiber sourcing is employed, and examines issues related to allegations of ill
Norske Skog Considers Bigger Newsprint Capacity Cuts Norske Skog Considers Bigger Newsprint Capacity Cuts
12/4/2007
Norske Skog today said it is re-evaluating future plans for newsprint capacity in Europe and is considering permanently shutting down 300,000 - 400,000 tonnes of newsprint production in 2008.
Cascades in Talks to Sell French Deinking Mill Cascades in Talks to Sell French Deinking Mill
12/4/2007
Cascades said that it is in talks with Argowiggins regarding the sale of its Greenfield S.A.S. deinking mill in Chateau-Thierry, France.
Omya to Increase Price for GCC Grades Omya to Increase Price for GCC Grades
12/4/2007
Omya has announced a price increase of 6-12%, depending on grade, for all ground calcium carbonate (GCC) grades sold to the North American paper industry as contracts and sales agreements allow.
Botnia's Fray Bentos Pulp Mill Up and Running Botnia's Fray Bentos Pulp Mill Up and Running
11/20/2007
Botnia said that after one week of operation, its new pulp mill in Fray Bentos, Uruguay is running smoothly.
Ahlstrom to Further Consolidate US Plants Ahlstrom to Further Consolidate US Plants
11/20/2007
Ahlstrom said that it will consolidate its air filtration sites in Bellingham, Massachusetts and Darlington, South Carolina to its Bethune plant in South Carolina. Following the consolidation, the Darlington plant will be closed by the end of the year 2007. The Bellingham plant will be closed by the third quarter of 2008, as announced earlier.
Thiele to Boost Price of Kaolin Products for 2008 Thiele to Boost Price of Kaolin Products for 2008
11/20/2007
Thiele Kaolin Company said that it will implement a price increase on kaolin products for all markets, effective January 1, 2008.
Wausau Paper to Shut Groveton, NH Paper Mill Wausau Paper to Shut Groveton, NH Paper Mill
10/25/2007
Wausau Paper said that it will cease manufacturing operations at its Groveton, New Hampshire mill, effective December 31, 2007. The closure will reduce the capacity of the company's Printing & Writing segment by approximately 105,000 tons per year, or 28 percent.
MeadWestvaco Opens Consumer Packaging Plant in China MeadWestvaco Opens Consumer Packaging Plant in China
10/25/2007
MeadWestvaco said that it has opened a state-of-the-art consumer packaging facility in Wuxi, People's Republic of China, which will serve customers in the health, beauty, and food and beverage industries located throughout the Asia-Pacific region. The company plans to serve the growing Eastern European and Middle Eastern markets from this facility also.
Temple-Inland Posts Lower Third Quarter Income Temple-Inland Posts Lower Third Quarter Income
10/25/2007
Temple-Inland Inc. today reported third quarter 2007 net income of $36 million, or $0.33 per diluted share, compared with third quarter 2006 net income of $95 million, or $0.86 per diluted share, and second quarter 2007 net income of $66 million, or $0.62 per diluted share
Abitibi and Bowater Get Final OK, Will Sell AZ Mill Abitibi and Bowater Get Final OK, Will Sell AZ Mill
10/25/2007
Abitibi-Consolidated and Bowater yesterday said they have reached an agreement with the U.S. Department of Justice that will allow the completion of the proposed combination of the two companies.
International Paper Supplies Eco-Friendly Cups to Tully's Coffee International Paper Supplies Eco-Friendly Cups to Tully's Coffee
9/24/2007
Tully's Coffee Corp., a fully handcrafted coffee roaster, today became the first major coffee retailer to adopt a fully renewable and compostable paper cup for its hot beverages. Tully's has simultaneously established an in-store collection program to divert the used cups and other compostable food waste from local landfills to organic composting facilities. These materials will eventually
NewPage to Buy Stora Enso North America in 2.5 Billion Deal NewPage to Buy Stora Enso North America in 2.5 Billion Deal
9/24/2007
NewPage Corp.has signed a definitive agreement with and Stora Enso Oyj by which NewPage's parent company, NewPage Holding Corp., will acquire Stora Enso's paper manufacturing operations in North America.
Boise Cascade to Sell Paper Making Business for $1.6 Billion Boise Cascade to Sell Paper Making Business for $1.6 Billion
9/8/2007
Boise Cascade, L.L.C. said that it has entered into a Purchase and Sale Agreement with Aldabra 2 Acquisition Corp. for the sale of Boise's Paper, Packaging & Newsprint segments for cash and shares of Aldabra common stock equal to approximately $1.625 billion. As part of the deal, Aldabra intends to change its name to Boise Paper Company and will apply for listing on either the New York Stock E
Norampac Agrees to Sell Red Rock Linerboard Mill Norampac Agrees to Sell Red Rock Linerboard Mill
9/8/2007
Norampac said that it has signed a Letter of Intent for the sale of its Red Rock linerboard mill, located in Northwest Ontario, to North American Logistic Services Inc (NALSI).
Smurfit-Stone to Convert Buffalo, NY Plant to Sheeting Operation Smurfit-Stone to Convert Buffalo, NY Plant to Sheeting Operation
9/8/2007
Smurfit-Stone Container said that it will discontinue operations at its Buffalo, NY, corrugated container plant and retool the facility as a dedicated sheet feeder in a joint venture with Jamestown Container and Norampac, Inc.
Demand for Paper Outpaces Local Supply Demand for Paper Outpaces Local Supply
9/2/2007
In Shanghai, one of the largest paper markets in China, local papermakers can't keep up with consumers' rapidly growing demand for high quality papers. Not a bad situation to be in if you're on the manufacturing side of the coin.
Suzano Starts-up New 1 Million tpy Pulp Line in Brazil Suzano Starts-up New 1 Million tpy Pulp Line in Brazil
9/2/2007
Latin America's Suzano Pulp and Paper said that it has started-up a new pulp manufacturing line at its Mucuri mill in Bahia, Brazil.
MeadWestvaco to Close Laurel Paper Mill in Mass. MeadWestvaco to Close Laurel Paper Mill in Mass.
8/26/2007
MeadWestvaco late yesterday said that it will discontinue operations at its Laurel specialty papers mill in South Lee, Massachusetts by December 31, 2007.
Billerud Names New Manager at Gruvon Mill, Sweden Billerud Names New Manager at Gruvon Mill, Sweden
8/26/2007
Billerud said that it has named Per Bjurbom as the new manager of the company's Gruvon mill in Sweden, effective December 1.
Kemira to Increase Price for Colorants in North America Kemira to Increase Price for Colorants in North America
8/15/2007
Kemira's pulp and paper chemicals group said that it will increase the price for colorants, colorants auxiliaries and selected optical brighteners by 6-8% in North America, effective September 1, 2007 for all non-contract customers and as contract terms permit.

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