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Global Forest Products Sector Posts Mixed Results Global Forest Products Sector Posts Mixed Results
8/15/2007
Financial results for the world’s 100 largest forest, paper and fiber-based packaging products companies showed distinct differences in the major producing regions, according to PricewaterhouseCoopers’ tenth annual Global Forest, Paper and Packaging Industry Survey.
Smurfit-Stone Memphis Mill Recognized for Safety Smurfit-Stone Memphis Mill Recognized for Safety
8/9/2007
Smurfit-Stone Container said that its corrugated container manufacturing facility in Memphis, TN, recently received the Tennessee Governor's Award of Excellence for Workplace Safety in recognition of its safety achievements in 2005 and 2006.
Cascades Posts Second Quarter Results Cascades Posts Second Quarter Results
8/9/2007
Cascades Inc. today reported net earnings of $45 million ($0.45 per share) for the quarter ended June 30, 2007. This compares with net earnings of $33 million ($0.41 per share) for the same period in 2006
Glatfelter Swings to Second Quarter Profit Glatfelter Swings to Second Quarter Profit
8/9/2007
Glatfelter today reported net sales of $288.1 million for the second quarter ended June 30, 2007, compared with $279.7 million for the second quarter of 2006
Smurfit-Stone Container Posts Improved 2Q Results Smurfit-Stone Container Posts Improved 2Q Results
7/29/2007
Smurfit-Stone Container Corp. today reported a net loss available to common stockholders of $5 million, or $0.02 per diluted share, for the second quarter of 2007. These results compare to a net loss available to common stockholders of $50 million, or $0.20 per diluted share, in the prior year quarter. Sales for the second quarter 2007 were $1.87 billion, up 6 percent from second quarter 2006.
Rottneros to Build SilviPak Packaging Plant in Spain Rottneros to Build SilviPak Packaging Plant in Spain
7/29/2007
Rottneros said that it will invest SEK 50 million to construct a new plant in Spain for the production of the company's SilviPak laminated food packaging products.
Abitibi-Consolidated 2nd Quarter Net Earnings Dip Abitibi-Consolidated 2nd Quarter Net Earnings Dip
7/25/2007
Abitibi-Consolidated Inc. today reported second quarter net earnings of $148 million, or 34 cents a share, compared to net earnings of $157 million, or 36 cents a share in the second quarter of 2006. For the six-month period ending June 30, 2007, the Company recorded net earnings of $78 million, or 18 cents a share, compared to net earnings of $124 million, or 28 cents a share, for the same six-mo
Tembec to Reduce 2007 Newsprint Capacity by 6,000 Tons Tembec to Reduce 2007 Newsprint Capacity by 6,000 Tons
7/25/2007
Tembec said that it has plans to eliminate some 6,000 tons of newsprint production at its Pine Falls, Manitoba newsprint mill by the end of the year.
IFC to Finance Paper Mill Expansion Projects in India IFC to Finance Paper Mill Expansion Projects in India
7/8/2007
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, will provide a long-term loan of $40 million to fund the Karnataka, India-based West Coast Paper Mills Ltd’s modernization and expansion plans, according to a news story in The Hindu Business Line.
Andritz to Supply Tissue Machine for SCA's Barton Mill Andritz to Supply Tissue Machine for SCA's Barton Mill
7/8/2007
Andrtiz said that SCA Tissue North America has placed an order for a second tissue machine for its Barton, Alabama mill.
Stora Enso to Upgrade Board Machines in Sweden Stora Enso to Upgrade Board Machines in Sweden
6/20/2007
Stora Enso said that it will modernize two board machines (BM 2 and BM 3) and chemi-thermomechanical pulping (CTMP) plant 2 at its Fors Mill in Sweden to improve quality and pulp production.
Blue Ridge Paper to Be Bought By Rank Group Blue Ridge Paper to Be Bought By Rank Group
6/15/2007
Blue Ridge Paper Products Inc.today said that its parent company, Blue Ridge Holding Corp., has entered into a definitive merger agreement to be acquired by Rank Group Limited for an aggregate consideration of $338 million, subject to certain adjustments.
Neenah Paper to Close Urbana, Ohio Fine Paper Mill Neenah Paper to Close Urbana, Ohio Fine Paper Mill
6/15/2007
Neenah Paper said that it will permanently close its fine paper mill located in Urbana, Ohio. The closure will take place in phases over the next twelve months.
World Pressure Sensitive Tape Demand to Rise World Pressure Sensitive Tape Demand to Rise
6/15/2007
The world market for pressure sensitive adhesive (PSA, self-adhesive) tapes is forecast to expand at an annual pace of 4.7 percent through 2010, surpassing 30 billion square meters, according to a new study conducted by The Freedonia Group.
Nalco to Increase Price of Paper Chemicals Nalco to Increase Price of Paper Chemicals
6/4/2007
Nalco Company said that it will implement a 7 percent price increase for specialty chemicals sold to paper industry customers, effective July 1.
Fraser Papers Shutting Down Off-Line Coater in Maine Fraser Papers Shutting Down Off-Line Coater in Maine
6/4/2007
Fraser Papers Inc. yesterday said that it will indefinitely shutdown an off-machine coating production line at its 490,000 ton per year East Papers mill located in Madawaska, Maine.
European Demand for Newsprint Surges in April European Demand for Newsprint Surges in April
5/26/2007
In April, the newsprint sector recorded a massive 80% increase in imports to Europe from North America, the Association of European Publication Paper Producers reported. European demand was up by 3.8% (34,000 tonnes) taking the year-to-date total to 1.5% so far. Total European shipments for April edged up by 0.8% on the back of small rises in both shipments to Europe (0.7%) and exports (0.9%).
International Paper to Close Terre Haute Containerboard Mill International Paper to Close Terre Haute Containerboard Mill
5/26/2007
International Paper today announced the company will close its Terre Haute, Ind., containerboard mill in the fourth quarter of this year.
Stora Enso Adding Sheet Cutting Capacity in Finland Stora Enso Adding Sheet Cutting Capacity in Finland
5/23/2007
Stora Enso said that it is investing EUR 25 million in a new copy paper sheeter, two packaging lines and a new machine hall at its Veitsiluoto fine paper mill in Finland.
Metso Paper to Supply Board Machine to Vietnam Metso Paper to Supply Board Machine to Vietnam
5/23/2007
Metso Paper said that it will supply Lee & Man with a kraftliner board machine for the company's new mill, which will be built in Vietnam.
FiberMark Names Anthony MacLaurin as President/CEO FiberMark Names Anthony MacLaurin as President/CEO
5/20/2007
FiberMark said that it has named Anthony P.D. MacLaurin as president and CEO of the company.
SP Newsprint Says Sale of Company Possible SP Newsprint Says Sale of Company Possible
5/17/2007
SP Newsprint Co. said that it is evaluating the the future of the company and has hired TD Securities (USA) to explore "strategic alternatives," which could include the possible sale of the company and SP Recycling Corp., its wholly owned recycling subsidiary.
von Drehle Buys Laurel Hill Tissue Mill in North Carolina von Drehle Buys Laurel Hill Tissue Mill in North Carolina
5/17/2007
The von Drehle Corp. said that it has purchased the assets of Laurel Hill Paper Company in Cordova, North Carolina.
AF&PA names Donna Harman acting president/CEO AF&PA names Donna Harman acting president/CEO
5/16/2007
The American Forest & Paper Association (AF&PA) today named Donna A. Harman acting President and CEO of the Association.
Metso to supply newsprint machine to Ecco of UK Metso to supply newsprint machine to Ecco of UK
5/16/2007
Metso Paper said that it has signed a letter of intent with Ecco Development Limited to supply a newsprint line, PM1, for Ecco Newsprint's new recycled newsprint mill in Teesside, England
Yuen Foon Yu starts-up new testliner machine in China Yuen Foon Yu starts-up new testliner machine in China
5/16/2007
Voith Paper said that Yuen Foon Yu, the largest producer of testliner and fluting in Taiwan, recently started up a second machine at Yangzhou, Jiangsu Province in China.
Fraser Papers to idle two New Brunswick sawmills Fraser Papers to idle two New Brunswick sawmills
5/16/2007
Fraser Papers today said that it will temporarily shutdown its sawmills located in Juniper and Plaster Rock, New Brunswick beginning May 27, 2007 due to weak market conditions.
Kapstone reports good first operating quarter on pricing Kapstone reports good first operating quarter on pricing
5/11/2007
KapStone Paper and Packaging Corp. today reported first quarter 2007 net income of $7.1 million ($0.28 and $0.21 per basic and diluted shares, respectively).
Ahlstrom to form specialty paper joint venture in Brazil Ahlstrom to form specialty paper joint venture in Brazil
5/10/2007
Ahlstrom said that it has signed an agreement with Brazilian Votorantim Celulose e Papel (VCP) to form a joint venture for specialty paper production in Brazil.
UPM to build bio-energy plant at Kaukas mill UPM to build bio-energy plant at Kaukas mill
5/10/2007
UPM, Pohjolan Voima and Lappeenrannan Energia owned by town of Lappeenranta have agreed to build a joint power plant at UPM's Kaukas mill site in Lappeenranta, Finland. The total value of the investment is 244 million euros. The plant will start-up in spring 2010
Kruger gets chain of custody certification for sourcing of fibre Kruger gets chain of custody certification for sourcing of fibre
5/10/2007
Kruger said that it has obtained chain of custody certification for the sourcing of fibre for its Brompton, Trois-Rivieres and Wayagamack mills in Quebec, as well as for certified products sales from its Montreal head office.
Document Printer Boosts Capacity 50% Document Printer Boosts Capacity 50%
3/4/2007
A new 130,000-sq.-ft. print plant in Carlstadt, NJ, will boost transactional and document printer Global
Recycling Recycling
2/20/2007
In 2005, a record 51.5 percent of the paper consumed in the U.S. (51.3 million tons)
Neenah buys Fox River Paper Neenah buys Fox River Paper
2/14/2007
Fox River Paper is selling its paper business to Neenah Paper.
Canada invests in forest sector Canada invests in forest sector
2/14/2007
A total of $127.5 million of Federak money is set to flow to Canada';s forest sector.
Stone Completes Acquisition Of IP?s Kraft Papers Business Stone Completes Acquisition Of IP?s Kraft Papers Business
1/26/2007
Stone Arcade Acquisition Corp. recently announced it has completed the acquisition of International Paper';s kraft papers business and will change
Demand For Dairy Packaging Expected To Reach $4.3B By 2010 Demand For Dairy Packaging Expected To Reach $4.3B By 2010
1/26/2007
Dairy packaging demand is projected to expand 4.1% annually to $4.3B in 2010, according to a new study from The Freedonia Group, a Cleveland
Domtar Completes Sale Of Norampac Interests Domtar Completes Sale Of Norampac Interests
1/26/2007
Ashdown, AR - Domtar announced recently that it has closed the sale of its 50% interest in Norampac to Cascades, as announced on December 5
Baldwin Announces Restructuring Plan Associated With The Acquisition Of Oxy-Dry Corporation Baldwin Announces Restructuring Plan Associated With The Acquisition Of Oxy-Dry Corporation
1/26/2007
Shelton, CT - Baldwin Technology Company, Inc. a global manufacturer of printing press accessories and control equipment, announced recently that it is

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