News

Botnia to Take Scheduled Maintenance Downtime at All Pulp Mills Botnia to Take Scheduled Maintenance Downtime at All Pulp Mills
8/25/2011
Botnia said that it will take scheduled maintenance downtime at its pulp mills in September and October.
AGI World and Shorewood Packaging Agree to Merge AGI World and Shorewood Packaging Agree to Merge
8/25/2011
International Paper and Atlas Holdings [on Aug. 22] signed a definitive agreement to combine their consumer packaging solutions businesses, pending regulatory approval and other customary closing conditions. As a result of the agreement, Shorewood Packaging and AGI World, two leading global specialty packaging companies, will become AGI-Shorewood, creating one of the largest and most innovative sp
The Newark Group Names Frank Papa as President, CEO The Newark Group Names Frank Papa as President, CEO
8/24/2011
The Newark Group announced that Frank Papa has been named President and Chief Executive Officer of The Newark Group, effective August 24, 2011.
U.S. Printing-Writing Paper Shipments Down in July U.S. Printing-Writing Paper Shipments Down in July
8/24/2011
According to the American Forest & Paper Association’s July 2011 Printing-Writing Paper Report, total printing-writing paper shipments decreased 6.8% in July compared to July 2010. All four major printing-writing grades posted decreases compared to July 2010
Uncoated Free Sheet Pricing Up Slightly, Containerboard Flat Uncoated Free Sheet Pricing Up Slightly, Containerboard Flat
8/24/2011
Uncoated Free Sheet. Repro bond estimated prices rose $5-10/ton to $1,085-1,135/ton. So far, producers have implemented $35-40/ton out of the $60/ton June 1 price hike. While demand remains weak, higher prices are aided by supply cuts, lower inventories and favorable trade flows.
Precision Roll Grinders Names Tim Linney as Account Manager Precision Roll Grinders Names Tim Linney as Account Manager
8/24/2011
Precision Roll Grinders (PRG) recently announced that Tim Linney has joined the company as an Account Manager.

Linney will service the South Texas / South Louisiana territory
Precision Roll Grinders Names Tim Linney as Account Manager Precision Roll Grinders Names Tim Linney as Account Manager
8/24/2011
Precision Roll Grinders (PRG) recently announced that Tim Linney has joined the company as an Account Manager
NewPage to Take Downtime at Port Hawkesbury Mill NewPage to Take Downtime at Port Hawkesbury Mill
8/24/2011
NewPage today announced that, based on its assessment of current market and economic conditions, it has decided to take downtime on both paper machines at its Port Hawkesbury mill in Nova Scotia, Canada. The downtime will begin September 10 for the mill's PM1 newsprint machine and September 16 for the PM2 supercalendered machine.
Kruger Products to Install New Tissue Machine at Memphis Mill Kruger Products to Install New Tissue Machine at Memphis Mill
8/24/2011
Kruger Products L.P. (KPLP) announced that it will continue to expand its presence in the North American tissue market by implementing new state-of-the-art manufacturing equipment at its Memphis, Tennessee mill (USA). The US$316 million investment will increase the Company's production capacity by 18 percent, or 60,000 metric tonnes per year of additional products to be distributed for the mos
Tembec Reaches Agreement with Workers at Matane Pulp Mill Tembec Reaches Agreement with Workers at Matane Pulp Mill
8/24/2011
Tembec reached a settlement with its Matane (Quebec, Canada) high-yield pulp mill employees who, last night, voted to end the strike.
Market Pulp Prices Back-off, OCC Easing Slightly Market Pulp Prices Back-off, OCC Easing Slightly
8/20/2011
North American NBSK list prices have dropped $30 to $990/mton, and hardwood grades declined $20-30/mton (August NBHK = $820/mton), report analysts at Deutsche Bank (DB).
Tembec Reaches Agreement with Workers at Matane Pulp Mill Tembec Reaches Agreement with Workers at Matane Pulp Mill
8/20/2011
Tembec reached a settlement with its Matane (Quebec, Canada) high-yield pulp mill employees who, last night, voted to end the strike.
Finland's Forest Industry Shows Growth in First Half 2011 Finland's Forest Industry Shows Growth in First Half 2011
8/16/2011
The Finnish Forest Industries Federation reported that Finland's forest industry production during the first half of 2011 showed positive signs of growth.
NewPage Reports 2nd Quarter 2011 Earnings NewPage Reports 2nd Quarter 2011 Earnings
8/16/2011
NewPage Corporation today announced its results of operations for the second quarter of 2011.
Domtar Agrees to Aquire Attends Healthcare for $315 Million Domtar Agrees to Aquire Attends Healthcare for $315 Million
8/16/2011
Domtar today announced the signing of a definitive agreement for the acquisition of privately-held Attends Healthcare, Inc. ("Attends"), manufacturer and supplier of incontinence products, from KPS Capital Partners, L.P. for $315 million.
Metso to Supply Two Containerboard Machines Anhui Shanying Paper Metso to Supply Two Containerboard Machines Anhui Shanying Paper
8/16/2011
Metso said that it will supply two containerboard machines to Anhui Shanying Paper Industry Co. Ltd. in the City of Ma’anshan in Anhui Province, China
Millar Western Bioenergy Effluent Project at Whitecourt Mill Gets Major Funding Millar Western Bioenergy Effluent Project at Whitecourt Mill Gets Major Funding
8/14/2011
A special event was held on August 5 at Millar Western's pulp mill in Whitecourt, Aberta, Canada where the Government of Alberta announced $17.5 million in funding for a company project aimed at generating clean energy from waste.
xpedx Launches National Recycling Program xpedx Launches National Recycling Program
8/14/2011
xpedx announced that it is implementing a national recycling program in association with its parent company, International Paper.
Weakening Demand in the Global Dissolving Pulp Market Weakening Demand in the Global Dissolving Pulp Market
8/14/2011
The latest estimates for world cotton production in 2011 show a record year, at nearly 27 million tonnes, or nearly 5 million tonnes above the low point reached in 2009. This has impacted the record $5100/tonne A-index cotton price reached in March this year contributing to a steep decline to $3600 in May, before stabilizing in June.
AbitibiBowater Swings to 2nd Quarter Profit on Improved Pricing AbitibiBowater Swings to 2nd Quarter Profit on Improved Pricing
8/14/2011
AbitibiBowater Inc. today reported net income for the second quarter of 2011 of $61 million, or $0.63 per diluted share, on sales of $1.2 billion. These results compare with a net loss of $297 million, or $5.15 per diluted share, on sales of $1.2 billion for the second quarter of 2010.
Government Says Nueva Papelera de Besaya UWF Mill in Spain to Close Permanently Government Says Nueva Papelera de Besaya UWF Mill in Spain to Close Permanently
8/14/2011
Although the government of Cantabria (Spain) initially vowed to provide financial aid to repair Nueva Papelera de Besaya's paper mill after a roof collapse earlier this year damaged the mill and its uncoated woodfree (UWF) paper machine, government officials said high investment costs and associated risks now result in the mill's permanent closure.
Verso Paper Reports 2nd Quarter, First Half, 2011 Earnings Verso Paper Reports 2nd Quarter, First Half, 2011 Earnings
8/14/2011
Verso Paper Corp. today reported financial results for the second quarter and six months ended June 30, 2011. Results for the periods ended June 30, 2011 and 2010 include:

Operating income of $7.0 million in the second quarter of 2011 compared to an operating loss of $12.7 million in the second quarter of 2010.
Net sales of $398.8 million in the second quarter of 2011 compared to
Arctic Paper to Hike Price for UWF and CWF Paper Grades Arctic Paper to Hike Price for UWF and CWF Paper Grades
8/14/2011
Arctic Paper said that it will increase the price for uncoated and coated fine papers — both in folio sheets and reels — by 5-8%.
Fibria in Talks to Sell its Piracicaba Paper Mill to Oji Paper for $313 Million Fibria in Talks to Sell its Piracicaba Paper Mill to Oji Paper for $313 Million
8/14/2011
Fibria announced that it has signed a "term sheet" with Oji Paper Co. Ltd. granting exclusivity to Oji to negotiate with Fibria about "the possible sale of the assets represented by the industrial fixtures and real estate properties that form the plant known as Piracicaba Unit located in the city of Piracicaba, State of Sao Paulo, (Brazil) for an indicative price of US$313 million, subject to the
Market Pulp Prices Easing, Shipments Slowing Market Pulp Prices Easing, Shipments Slowing
8/14/2011
Market pulp prices have dropped sharply, down by about US$30 per ton after demand backed off a bit and an increase in production capacity softened the market.
Finland's Forest Industry Shows Growth in First Half 2011 Finland's Forest Industry Shows Growth in First Half 2011
8/13/2011
The Finnish Forest Industries Federation reported that Finland's forest industry production during the first half of 2011 showed positive signs of growth.
Nippon Paper to Reduce Production Capacity, Trim Workforce Nippon Paper to Reduce Production Capacity, Trim Workforce
8/7/2011
Nippon Paper Group, Inc. (President: Yoshio Haga) has developed a plan to revitalize the Group paper business
Sappi Somerset Mill Earns Green-e Certification Sappi Somerset Mill Earns Green-e Certification
8/7/2011
Sappi Fine Paper North America announced that its Somerset Mill in Skowhegan, Maine, has been certified by Center for Resource Solutions' Green-e® Marketplace program. The Somerset Mill secured this qualification through new investments in renewable energy generation. Sappi invested $49 million this past fall to upgrade the Somerset pulp mill's recovery boiler and related equipment.
AF&PA Endorses Senate Resolution to Promote Recycling in U.S. AF&PA Endorses Senate Resolution to Promote Recycling in U.S.
8/7/2011
American Forest & Paper Association (AF&PA) President and CEO Donna Harman released the following statement regarding the association’s endorsement of U.S. Senate Resolution 251, introduced by U.S. Sens. Tom Carper (D-DE) and Olympia Snowe (R-ME), which expresses “support for the improvement of collection, processing and consumption of recyclable materials throughout the United States.
Sappi 3rd Quarter Profit Dips on Planned Production Downtime Sappi 3rd Quarter Profit Dips on Planned Production Downtime
8/7/2011
Sappi today reported results for its fiscal third quarter ending June 2011.

Operating profit excluding special items US$60 million; Q3 2010 US$75 million
General economic uncertainty, particularly in Europe
North American and chemical cellulose businesses continue to perform strongly
Planned annual maintenance shuts at major pulp mills
High input costs only
Kapstone Reports Record 2nd Quarter Earnings on Strong Sales, Production Kapstone Reports Record 2nd Quarter Earnings on Strong Sales, Production
8/7/2011
KapStone Paper and Packaging Corporation [yesterday] reported record results for the second quarter ended June 30, 2011.

Net sales of $215 million, up $16 million or 8 percent, versus 2010
Average revenue per ton of $633, up $48 or 8 percent, versus 2010
Diluted EPS of $0.38, up $0.23 or 153 percent, versus 2010
Adjusted EBITDA of $44 million, up $19 million or 76 per
Metso Paper and Fiber Technology Reorganizes Metso Paper and Fiber Technology Reorganizes
8/7/2011
Metso’s Paper and Fiber Technology segment (PFT) announced that it will have a new organization, effective October 1, 2011.
Global Conditions Putting Pressure on Pulp and Paper Markets Global Conditions Putting Pressure on Pulp and Paper Markets
8/7/2011
Summer doldrums? Slowing growth in China? Uncertainty around U.S. budget discussions? A bit of all the above???
Sappi to Close Adamas Paper Mill in South Africa at end-August Sappi to Close Adamas Paper Mill in South Africa at end-August
8/7/2011
Sappi Southern Africa said that it will shut down its Adamas paper mill in Port Elizabeth, South Africa. The permanent closure of the mill is expected to be finalized at the end of August.
PaperWorks Wabash Mill Reaches Safety Milestone PaperWorks Wabash Mill Reaches Safety Milestone
8/7/2011
PaperWorks said that its mill in Wabash, Indiana on July 31 reached its one millionth consecutive hour without an accident
RockTenn Posts 3rd Quarter Loss on Smurfit-Stone Acquisition Charges RockTenn Posts 3rd Quarter Loss on Smurfit-Stone Acquisition Charges
8/7/2011
RockTenn today reported a loss for the quarter ended June 30, 2011 [fiscal third quarter] of $0.60 per diluted share due to Smurfit-Stone acquisition related charges. The Company’s adjusted earnings were $1.29 per diluted share, up 13% compared to the prior year quarter adjusted earnings of $1.14 per diluted share
Ilim Group Production Up 5% for First Half 2011 Ilim Group Production Up 5% for First Half 2011
8/3/2011
Based on the results of the first six months of 2011, Ilim Group's mills have produced 1,268,000 tons of pulp and paper products, which is 5% more as compared to the same period of the previous year.

Market pulp production added up to 799,000 tons. This is 3.5% more than in January-June of 2010.
Glatfelter Reports Improved 2nd Quarter Earnings Glatfelter Reports Improved 2nd Quarter Earnings
8/3/2011
Glatfelter today reported 2011 second quarter adjusted earnings of $3.1 million, or $0.07 per diluted share, compared with $0.9 million, or $0.02 per diluted share, in the 2010 second quarter. Adjusted earnings for the 2011 second quarter benefited $0.06 per share from favorable tax adjustments. On a GAAP basis, second quarter 2011 net income totaled $2.5 million, or $0.05 per share, compared with
Georgia-Pacific Reaches Labor Pact Agreement with United Steelworkers Georgia-Pacific Reaches Labor Pact Agreement with United Steelworkers
8/3/2011
Georgia-Pacific and the United Steelworkers (USW) have reached an agreement setting terms that will be offered in USW labor contracts as they are renewed at 13 of the company's pulp and paper mills between 2011 and 2014.
SCA to Acquire Majority Stake of San Saglik SCA to Acquire Majority Stake of San Saglik
8/2/2011
SCA said that it is acquiring 95 percent of the Turkish hygiene products company San Saglik, producer of incontinence care products, from the family-owned MT Group.
Sonoco-Alcore Making Upgrades at Three URB Mills in Europe Sonoco-Alcore Making Upgrades at Three URB Mills in Europe
8/2/2011
Sonoco-Alcore S.a.r.l said that it is making multi-million dollar investments in three of its European uncoated recycled paperboard (URB) mills to improve their energy efficiency, product range and environmental performance.
Domtar Reports 2nd Quarter 2011 Earnings Domtar Reports 2nd Quarter 2011 Earnings
7/30/2011
Domtar Corporation today reported net earnings of $54 million ($1.30 per share) for the second quarter of 2011 compared to net earnings of $133 million ($3.14 per share) for the first quarter of 2011 and net earnings of $31 million ($0.71 per share) for the second quarter of 2010. Sales for the second quarter of 2011 amounted to $1.4 billion.
International Paper 2nd Quarter 2011 Earnings Up Sharply International Paper 2nd Quarter 2011 Earnings Up Sharply
7/30/2011
International Paper (NYSE: IP) today reported second-quarter 2011 net earnings attributable to common shareholders totaling $224 million ($ $0.52 per share) compared with net earnings of $342 million ($0.78 per share) in the first-quarter of 2011 and $93 million ($0.21 per share) in the second-quarter of 2010. Amounts in all periods include the impact of special items.
Longview Fibre Paper and Packaging Realigns Leadership Team Longview Fibre Paper and Packaging Realigns Leadership Team
7/30/2011
Longview has realigned its leadership team to focus on growth and meeting customers’ needs. As part of this change, the company is announcing several new
Fibria Receives Offers for Piracicaba Paper Mill in Sao Paulo Fibria Receives Offers for Piracicaba Paper Mill in Sao Paulo
7/30/2011
Fibria said that it has received offers for its specialty paper mill in Piracicaba, Sao Paulo, Brazil.
Appleton Elects Mark Suwyn and George W. Wurtz to Board Appleton Elects Mark Suwyn and George W. Wurtz to Board
7/30/2011
Appleton announced today that Mark A. Suwyn and George W. Wurtz have been elected to its board of directors
Wausau Paper Posts 2nd Quarter 2011 Profit Wausau Paper Posts 2nd Quarter 2011 Profit
7/30/2011
Wausau Paper [yesterday] reported that:

Second-quarter net earnings of $0.07 per share compared with a first-quarter net loss of $0.03 per share and prior-year net earnings of $0.11 per share.
Excluding special items, second-quarter adjusted net earnings of $0.08 per share increased from first-quarter and prior-year earnings of $0.03 per share and $0.07 per share, respectively. <
PaperWorks Industries to Hike Price for Coated and Uncoated Recycled Paperboard PaperWorks Industries to Hike Price for Coated and Uncoated Recycled Paperboard
7/26/2011
PaperWorks Industries said that it will increase prices on all grades of coated and uncoated recycled paperboard by $40 per ton.

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