News

Paper2012 to Be Held in New York City, March 25-27 Paper2012 to Be Held in New York City, March 25-27
11/28/2011
The Paper Industry Will Come Together at The Ritz-Carlton New York, Battery Park
Containerboard and Market Pulp Pricing Under Pressure, Recycled Board Flat Containerboard and Market Pulp Pricing Under Pressure, Recycled Board Flat
11/23/2011
According to analysts at Deutsche Bank (DB), November estimated containerboard prices were flat month/month at $635-645/ton. However, pressure on domestic prices is mounting.
IMERYS to Hike Price for Kaolin abd Calcium Carbonate IMERYS to Hike Price for Kaolin abd Calcium Carbonate
11/23/2011
IMERYS Pigments for Paper and Packaging North America announces price increases for kaolin and calcium carbonate, effective January 1, 2012, subject to any provisions in individual customer contracts.
U.S. Printing-Writing Paper Shipments Decreased in October U.S. Printing-Writing Paper Shipments Decreased in October
11/23/2011
According to the American Forest & Paper Association’s October 2011 Printing-Writing Paper Report, total U.S. printing-writing paper shipments decreased 4% in October compared to October 2010. All four major printing-writing grades posted decreases compared to last October
October Containerboard and Box Data – A Bit Better October Containerboard and Box Data – A Bit Better
11/19/2011
According to a report from Deutsche Bank (DB), October containerboard shipments were slightly better than expected and inventories decreased month/month.
Stora Enso Appoints 12 "Pathfinders" to Challenge the Status Quo Stora Enso Appoints 12 "Pathfinders" to Challenge the Status Quo
11/19/2011
Stora Enso said that it has selected 12 talents from within the Group as Pathfinders to challenge and support the CEO and Group Executive Team in developing Stora Enso into an innovative renewable materials Group. The Pathfinders will operate as a Group Shadow Management Team focusing on two selected challenges, namely Innovation and Global Responsibility.
MWV to Spin Off Consumer & Office Products Business and Merge it with ACCO Brands MWV to Spin Off Consumer & Office Products Business and Merge it with ACCO Brands
11/19/2011
MeadWestvaco today announced that the company will spin off its Consumer & Office Products business and has signed a definitive agreement to merge the business into ACCO Brands Corporation, one of the world’s largest office supply manufacturers. The tax-efficient transaction is valued at approximately $860 million to MWV and its shareholders on a pre-synergy basis.
OCC Prices Down Sharply in November, Containerboard Stable, Market Pulp Still Falling OCC Prices Down Sharply in November, Containerboard Stable, Market Pulp Still Falling
11/19/2011
As expected, OCC (Old Corrugated Containers) fell sharply in November. PPW reported a $31/ton dro‌p in domestic OCC to $127/ton. Export OCC is down $45-60/ton, said analysts at Deutsche Bank (DB).
Verso Paper Reports Improved Third Quarter 2011 Results Verso Paper Reports Improved Third Quarter 2011 Results
11/8/2011
Verso Paper Corp. (NYSE:VRS - News ) today reported financial results for the third quarter and nine months ended September 30, 2011. Results for the periods ended September 30, 2011 and 2010 include:

Operating income increased 136% to $30.6 million in the third quarter of 2011 from $12.9 million in the third quarter of 2010.
Net sales were $456.8 million in the third quarter of
AbitibiBowater Rolls Out New Company Name, Resolute Forest Products AbitibiBowater Rolls Out New Company Name, Resolute Forest Products
11/8/2011
Resolute Forest Products, formerly doing business as AbitibiBowater, today began the rollout of its new Company name and identity. When communicating in French, the Company is using the name Produits forestiers Résolu.
Little Rapids Corp. Earns Environmental Certifications Little Rapids Corp. Earns Environmental Certifications
11/8/2011
Little Rapids Corporation announced that it recently completed certification for three significant sustainability certifications, enabling the company to provide paper-based products that adhere to strict guidelines for environmentally responsible products. These certifications were awarded this summer by the Forest Stewardship Council (FSC), the Sustainable Forestry Initiative (SFI), and the Prog
Stora Enso to Restructure Its Core, Coreboard Operations Stora Enso to Restructure Its Core, Coreboard Operations
11/6/2011
Stora Enso said that its Packaging Business Area will restructure its core and coreboard operations in Finland, Germany, the United Kingdom and the U.S., and streamline corrugated packaging production in Finland
UPM to Close Myllykoski Paper Mill in Finland by Year-end UPM to Close Myllykoski Paper Mill in Finland by Year-end
11/6/2011
UPM will permanently cease production at the Myllykoski paper mill by the end of this year. UPM and its employees were unable to establish a way to meet the commercial requirements for continuation of operations at the Myllykoski mill during employee negotiations. In addition, the company is cutting down its overlapping operations in paper sales, the supply chain and its functions in Finland.
Prices Drifting Down for OCC, Market Pulp, Uncoated Free Sheet Prices Drifting Down for OCC, Market Pulp, Uncoated Free Sheet
11/6/2011
Declines in OCC (Old Corrugated Containers) and other wastepaper prices have accelerated “dramatically” in recent weeks, according to analysts at Deutsche Bank (DB).
Thiele Kaolin Names Chris Fagouri Market Development Manager Thiele Kaolin Names Chris Fagouri Market Development Manager
11/6/2011
Thiele Kaolin Company is pleased to announce that Chris Fagouri has joined the company as Market Development Manager. In this newly created position, Fagouri will lead Thiele’s efforts in market diversification by identifying and prioritizing new markets for the company’s kaolin products and developing strategies to successfully penetrate those chosen markets.
Kapstone Reports Third Quarter 2011 Results Kapstone Reports Third Quarter 2011 Results
11/6/2011
KapStone Paper and Packaging Corporation today reported results for the third quarter ended September 30, 2011.

Record net sales of $216 million, up 4 percent versus 2010
Adjusted EBITDA of $42.3 million, up $3.6 million versus 2010
Diluted EPS of $0.35, down $0.47, or 57 percent versus 2010
Adjusted diluted EPS of $0.39 equal to 2010
Free cash flow of $0.79 per
Albany International Introduces New Lagging Technology, Eliminates Need for Gluing Albany International Introduces New Lagging Technology, Eliminates Need for Gluing
10/29/2011
Albany International announced that corrugated paper manufacturers can reduce the cost associated with the expensive, time-consuming process of removing and gluing roll lagging, thanks to Coated Dura-Drive™ Lagging EZ, which the company introduced today.
Are Wastepaper Markets Collapsing? Are Wastepaper Markets Collapsing?
10/29/2011
Trade reports from Europe & North America suggest that a decline in wastepaper prices has accelerated dramatically in recent weeks. Terms like “semi-free fall” and “unmitigated disaster” are showing up in our email box. Based on these reports, it’s not hard to envision m/m declines of $50+/ton in many wastepaper grades. If the declines continue into November, the Q4/Q3 drops could be even larger.
International Paper Reports Third Quarter 2011 Earnings International Paper Reports Third Quarter 2011 Earnings
10/29/2011
International Paper today reported third quarter 2011 net earnings from continuing operations attributable to common shareholders totaling $518 million, or $1.19 per share ($0.92 excluding special items), including record profit levels in North American Coated Paperboard and solid results in emerging markets. Despite increasing input costs on most raw materials, the company improved earnings and c
Domtar Reports Third Quarter 2011 Results Domtar Reports Third Quarter 2011 Results
10/29/2011
Domtar Corporation today reported net earnings of $117 million ($2.95 per share) for the third quarter of 2011 compared to net earnings of $54 million ($1.30 per share) for the second quarter of 2011 and net earnings of $191 million ($4.44 per share) for the third quarter of 2010. Sales for the third quarter of 2011 amounted to $1.4 billion. Excluding items listed below, the Company had earnings b
CellMark Makes Binding Offer to Acquire Alcan International Network CellMark Makes Binding Offer to Acquire Alcan International Network
10/26/2011
CellMark said that it has made a binding offer to acquire the Alcan International Network ("AIN") business from Constellium. Constellium is owned by affiliates of Apollo Global Management, Rio Tinto and Fonds Strategique d'Investissement, the French sovereign investment fund.
International Paper Announces Three Senior Leadership Moves International Paper Announces Three Senior Leadership Moves
10/26/2011
International Paper today announced the following three senior leadership moves effective Nov. 1, 2011.

Tim Nicholls named senior vice president, Printing and Communications Papers, the Americas
Carol Roberts named senior vice president and Chief Financial Officer, IP
Mark Sutton named senior vice president, Industrial Packaging
Fortress Paper Pulp Mill Project Affected by Union Workers Walkout Fortress Paper Pulp Mill Project Affected by Union Workers Walkout
10/26/2011
Fortress Paper Ltd. announced that an unexpected walkout by unionized employees of the contractors engaged by the Company on the dissolving pulp conversion and cogeneration projects has resulted in the temporary suspension of construction activities at its Fortress Specialty Cellulose Mill in Thurso, Quebec. Although the construction unions have not issued an official statement, Fortress Paper und
ABB Supplies Film-press Feeding Station Clairefontaine's PM 5 ABB Supplies Film-press Feeding Station Clairefontaine's PM 5
10/26/2011
Cellier Activity of ABB France, Process Automation Division, recently fulfilled an order from Clairefontaine for the supply of the feeding station of the film press, which was installed on the paper mill's PM5 in Etival, France. The machine produces white and colored papers.
Stora Enso CEO Prepared to Take Measures to Counter Sluggish Demand Stora Enso CEO Prepared to Take Measures to Counter Sluggish Demand
10/23/2011
Stora Enso's CEO, Jouko Karvinen, today commented on his company's third quarter 2011 earnings
U.S. Printing and Writing Paper Shipments Down in September U.S. Printing and Writing Paper Shipments Down in September
10/23/2011
According to the American Forest & Paper Association’s September 2011 Printing-Writing Paper Report, total printing-writing paper shipments decreased 8% in September compared to September 2010. All four major printing-writing grades posted decreases compared to last September.
Clearwater Paper Names Linda Massman as President and COO Clearwater Paper Names Linda Massman as President and COO
10/23/2011
Clearwater Paper Corp. announced that Linda K. Massman has been named president and chief operating officer, effective November 1, 2011. She continues to report to Gordon Jones, chairman and CEO
FEFCO Launches New Communication Platform "Corrugated Of Course" FEFCO Launches New Communication Platform "Corrugated Of Course"
10/23/2011
FEFCO, the European Federation of Corrugated Board Manufacturers, announces today the launch of a new communication platform entitled "Corrugated Of Course”, a website with information and commentary on topics of relevance to user groups and policy makers.
Specialty Minerals to Build Satellite PCC Plant in Bangladesh Specialty Minerals to Build Satellite PCC Plant in Bangladesh
10/23/2011
Specialty Minerals Inc.has entered into an agreement with Bashundhara Paper Mills Limited to build and operate a satellite precipitated calcium carbonate (PCC) plant at Bashundhara's paper mill in Meghnaghat, Bangladesh
M-real to Close Alizay Mill in France, Stop UFS Production at Gohrsmuhle M-real to Close Alizay Mill in France, Stop UFS Production at Gohrsmuhle
10/19/2011
M-real Corporation, part of Metsaliitto Group, announced on 4 May 2011 in a stock exchange release its plans to divest the Alizay mill in France and the entire Gohrsmuhle mill in Germany or, alternatively parts of the Gohrsmuhle separately based on a Paper Park concept. It was then announced also that if the divestments do not materialize, M-real plans to start consultation processes proposing to
Packaging Corp. of America Posts Lower 3Q Net Income on Higher Costs Packaging Corp. of America Posts Lower 3Q Net Income on Higher Costs
10/19/2011
Packaging Corporation of America [late yesterday] reported third quarter 2011 net income of $42 million, or $0.42 per share, which included after-tax charges of $1 million, or $0.01 per share, from asset disposals related to major energy projects. Net income, excluding these charges, was $43 million, or $0.43 per share, compared to third quarter 2010 net income of $62 million, or $0.60 per share,
E.C.H. Will and Pemco to Supply Two Cut-Size Lines to JK Paper in India E.C.H. Will and Pemco to Supply Two Cut-Size Lines to JK Paper in India
10/19/2011
As part of an expansion program, Indian paper manufacturer JK Paper has purchased two cut-size lines from E.C.H. Will and Pemco, which will allow the company to increase its copy paper capacity.
U.S. Kraft Paper Shipments Down in September U.S. Kraft Paper Shipments Down in September
10/19/2011
The American Forest & Paper Association's September 2011 Kraft Paper Sector Report showed that total Kraft paper shipments were 124.6 thousand tons, a decrease of 13.4% compared to September 2010. Total inventory was 80.9 thousand tons.
U.S. Paperboard Production Decreased in September U.S. Paperboard Production Decreased in September
10/19/2011
The American Forest & Paper Association's September 2011 U.S. Paperboard Report said that total boxboard production decreased by 3.6% compared to September 2010, and decreased 5.9% from August 2011.
UPM 3Q 2011 Operating Profit Hurt By Lower Pulp, Fine Paper Deliveries in Europe UPM 3Q 2011 Operating Profit Hurt By Lower Pulp, Fine Paper Deliveries in Europe
10/16/2011
UPM said that lower pulp and fine paper deliveries in Europe had an adverse impact on its operating profit — Q3 operating profit excluding special items was EUR 137 million
Eka Chemicals and Wetend Technologies in Cooperation Eka Chemicals and Wetend Technologies in Cooperation
10/16/2011
Eka Chemicals and Wetend Technologies Ltd have agreed to market and deliver TrumpJet® Flash Mixing Systems together with Eka’s wet end chemicals to the paper industry globally
Joint Venture to Build Paper Mill in Isabela, Philippines Joint Venture to Build Paper Mill in Isabela, Philippines
10/16/2011
"A hundred million dollar foreign investment project in the province will be implemented particularly in paper production out of corn stalks," said Governor Faustino G. Dy III of Isabela, the second largest province of the Philippines.
International Paper Completes Acquisition of Majority Stake in Andhra Pradesh Paper Mills International Paper Completes Acquisition of Majority Stake in Andhra Pradesh Paper Mills
10/16/2011
International Paper today announced that it has completed the acquisition of a 75 percent stake in Andhra Pradesh Paper Mills (APPM). International Paper purchased 53.5 percent of the APPM shares from Mr. L.N. Bangur and related family members and affiliates for approximately US$226 million in cash. These sellers have also entered into a covenant not to compete, for which they received a cash paym
Thiele Kaolin Achieves Record Breaking Safety Milestone Thiele Kaolin Achieves Record Breaking Safety Milestone
10/16/2011
Thiele Kaolin Company said that the company has worked three years without incurring a lost time accident. This accomplishment sets a new company safety record.
Sappi to "Fix" Underperforming Businesses in Europe, South Africa Sappi to "Fix" Underperforming Businesses in Europe, South Africa
10/8/2011
Sappi today announced a strategy upd‌ate that will position the global pulp, paper and cellulose-based solutions group for the future.

Dealing with the current tough market conditions and the declining trend in demand for graphic paper in its major markets, Sappi has indicated for some time that it was taking decisive action to reposition itself for improved performance.
Nordic Paper to Trim Staff at Two Mills in Sweden Nordic Paper to Trim Staff at Two Mills in Sweden
10/8/2011
Nordic Paper has given notice to 20 employees at its Saffle paper mill and 30 employees at the Amotfors mill. Both mills are located in Varmland, West Sweden.
MWV Named to Dow Jones Sustainability World Index for Eighth Straight Year MWV Named to Dow Jones Sustainability World Index for Eighth Straight Year
10/8/2011
MeadWestvaco Corp. today announced it is listed on the 2011 Dow Jones Sustainability World Index (DJSI World) for the eighth consecutive year. The DJSI World recognizes the world’s leading companies in the areas of economic, environmental and social performance, and evaluates organizations based on their commitment to and success in integrating sustainability into core business objectives and perf
Pregis to Sell Its Hexacomb Business to Boise for $125 Million Pregis to Sell Its Hexacomb Business to Boise for $125 Million
10/5/2011
Pregis Corp. yesterday announced that it has entered into a definitive purchase agreement to sell its Hexacomb business unit to an affiliate of Boise Inc. for $125 million. Sales of the Hexacomb business for the twelve months ended August 31, 2011 were $109.8 million, with EBITDA (before unallocated corporate expenses) of $13.2 million.
Jim Bowen to Retire from Sonoco, John Grups Named Head of Primary Materials Group Jim Bowen to Retire from Sonoco, John Grups Named Head of Primary Materials Group
10/5/2011
Sonoco said that Jim C. Bowen, 61, senior vice president, Primary Materials Group, North America, will be retiring from Sonoco following a 40-year career. As a result of Bowen’s decision, John M. Grups has been named division vice president and general manager, Primary Materials Group, North America, effective October 1, 2011.
Wausau Paper's Largest Shareholder Urges Board to Divest Non-core Assets to Finance Tissue Expansion Project Wausau Paper's Largest Shareholder Urges Board to Divest Non-core Assets to Finance Tissue Expansion Project
10/5/2011
Starboard Value LP (together with its affiliates, "Starboard"), the largest shareholder of Wausau Paper Corp. ("Wausau" or the "Company") with 7.5% of the outstanding common stock of the Company, today announced that it delivered a follow-up letter to the Company's President and CEO, Thomas J. Howatt, and the Board of Directors to convey its updated thoughts after having met with management an
AstenJohnson Acquires Paperchine AstenJohnson Acquires Paperchine
10/5/2011
AstenJohnson said that it has acquired Paperchine, effective September 30, and has begun the process of merging the engineering and equipment company with JohnsonFoils, an equipment division of AstenJohnson.
SCA Inaugurates New Personal Care Porducts Plant in Russia SCA Inaugurates New Personal Care Porducts Plant in Russia
10/2/2011
SCA on Sept. 20 inaugurated an EUR 85 million personal care products facility in Veniov, in the Tula Region south of Moscow in Russia.
Markets in Brief: Pulp, Containerboard, Kraft Paper Markets in Brief: Pulp, Containerboard, Kraft Paper
10/2/2011
Market Pulp prices are likely to face additional pressure in October as pulp fundamentals remain weak, says Mark Wilde, senior analyst at Deutsch Bank (DB) who covers the paper and forest products sector.

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