News

2/6/2011
International Paper reported preliminary full-year 2010 net earnings attributable to common shareholders totaling $644 million ($1.48 per share) compared with $663 million ($1.55 per share) in full-year 2009. In the fourth quarter of 2010, the company reported net earnings of $316 million ($0.73 per share) compared with a net loss of $101 million ($0.24 per share) in the fourth quarter of 2009. Am
2/6/2011
Verso Paper said that it exceeded the company’s safety goals for 2010 with a lost workday incidence rate (LWIR) of 0.07, which is world class performance, and a total incidence rate (TIR) of 1.36. These outstanding results place Verso at the top of the first quartile for safety performance among paper industry peers, according to the American Forest and Paper Association’s most recent Benchmarking
2/5/2011
Domtar today reported net earnings of $325 million ($7.59 per share) for the fourth quarter of 2010 compared to net earnings of $191 million ($4.44 per share) for the third quarter of 2010 and net earnings of $124 million ($2.86 per share) for the fourth quarter of 2009.
2/5/2011
The Turkish company Alkim Kagit, specialized in fine paper production, will rebuild the press section of their four meters PM1 in Izmir (Turkey). The modernization is aimed to increase the production maintaining the paper quality to the mill standards.
2/3/2011
Arctic Paper said that it will reduce staff at its Munkedals paper mill in Sweden by about 45 employees. The measure is part of the company's on-going profit improvement plan
2/3/2011
Holmen Paper said that it will shut down PM 61 — the smaller of two paper machines — at its mill in Madrid, Spain.
2/1/2011
Russian pulp and paper producer Ilim Group said that the mills within its Ilim East business unit (Bratsk Pulp and Containerboard Mill and Ust-Ilimsk Pulp Mill) manufactured 1,468,000 tons of pulp and paper products — a 3% increase over 2009 and an all-time record.
2/1/2011
Sappi Fine Paper North America announces the launch of the Flo Channel: Off Register™ — its online comedy video series developed with VSA Partners, aimed at the influential print community. The new video series features stories told by Second City Improv that demonstrate the trials and tribulations of what printers encounter daily, as they aim to please their demanding, edgy-black-glasses-wearing
1/31/2011
Montreal-based Tembec reported consolidated sales for the three-month period ended December 25, 2010, were $422 million, as compared to $412 million in the comparable period of the prior year. The Company generated a net loss of $12 million or $0.12 per share in the December 2010 quarter compared to a net loss of $9 million or $0.09 per share in the December 2009 quarter. Operating earnings before
1/31/2011
Tembec said that John Valley, executive vice president, Business Development and Corporate Affairs, will retire from the company effective January 31, 2011.
1/30/2011
Stockholm, Sweden-based SCA reported better volume in 2010 for all of its business segments and expects demand for its products to remain healthy in 2011
1/30/2011
According to the December 2010 Recovered Paper Monthly Report published by the American Forest & Paper Association (AF&PA), the U.S. paper industry consumed 31.3 million tons of recovered paper in 2010, a 7% increase over 2009 consumption levels.
1/29/2011
Metso said that the coated fine paper production line that it supplied to Shandong Huatai Paper Co. Ltd started-up successfully on Jan 18. The mill is located in Dong Ying City, Shandong Province, China
1/24/2011
RockTenn and Smurfit-Stone Container Corporation today announced that the Boards of Directors of both companies have approved a definitive agreement under which Smurfit-Stone will become a wholly owned subsidiary of RockTenn.
1/22/2011
Domtar yesterday celebrated the start-up of its newly installed 50 megawatt bio-fueled steam turbine generator at its Marlboro mill in South Carolina. The company invested approximately $40 million in 2010 to complete this project.
1/22/2011
Andritz has received an order from Eldorado Papel e Celulose Ltda. (Eldorado Brazil) to supply a complete fiberline and other major equipment for Eldorado's new 1.5 million tpy bleached eucalyptus pulp mill in Tres Lagoas, Brazil.
1/20/2011
Russian pulp and paper producer Ilim Group has appointed Sergey Pondar to the First Level Team position of Managing Director Technology and Manufacturing Services
1/19/2011
Stora Enso's and Arauco's joint-venture company Montes del Plata will build a new state-of-the-art 1.3 million tonnes per year pulp mill at Punta Pereira, in the department of Colonia, Uruguay.
1/19/2011
PaperWorks Industries, Inc. is pleased to announce that Manchester Industries, a major North American converting company, has been acquired by Sun Capital Partners. Manchester will ultimately be merged into PaperWorks, itself an affiliate of Sun Capital Partners.
1/15/2011
M-real said that it has started a new profit improvement program for 2011, which will focus on improving the paper business profitability as well as decreasing variable costs of all businesses.
1/15/2011
Demand for green packaging — comprised of recycled content, reusable and degradable packaging — is projected to increase 3.9 percent yearly to $41.7 billion in 2014, consuming 58 billion pounds of material, says The Freedonia Group, a market research firm.
1/13/2011
Twin Rivers Paper Company announces the launch of a new lightweight, high-bright hybrid publishing paper, Border Brite. Manufactured with a proprietary fiber blend that delivers the brightness of freesheet and the opacity advantages of groundwood, Border Brite is ideal for financial printing applications, reference books and catalogs.
1/12/2011
Stora Enso said that it will invest EUR 285 million to install a new containerboard machine at its Ostroleka Mill in Poland.

The new machine will have a production capacity of 455,000 tonnes per year of lightweight containerboard and use recycled fiber as a raw material.
1/12/2011
Tembec said that it will invest $25.7 million towards environmental and energy upgrades at its high-yield pulp mill located in Matane, Quebec.

According to Tembec, funding will come mainly from the Federal Government and the Province of Quebec, with $18.9 million related to black liquor credits earned by the company under the Canadian government's Pulp and Paper Green Transformation Pr
1/11/2011
Rayonier announced that its board of directors recently authorized management to proceed with the final analysis on the potential conversion of the existing fluff pulp fiber line at its Jesup, Georgia (USA) mill to produce high purity cellulose specialties pulps. The analysis will include market assessment, detailed design and engineering and cost estimates
1/11/2011
Baled OCC, Old Corrugated Cardboard, in 44,000-lb Loads

By Brook Edwards, Market Analyst, The Brown Sheet™
1/9/2011
On December 22, 2010, Dianne Vanover, marketing coordinator of Thoro Packaging in Corona, California, was honored for her idea and her effort in instituting National Paperboard Packaging Week. Jan Steiner, president of Thoro Packaging, presented Vanover with the award and read a letter of congratulations from the Paperboard Packaging Council's (PPC) president Ben Markens, at a luncheon held to
1/8/2011
The Government of Canada has started 2011 right where it left off and continued awarding millions of dollars in funding to pulp and paper mills through its Pulp and Paper Green Transformation Program (PPGTP).
1/8/2011
Smurfit-Stone Container Corp. announced that all of its U.S. paper mills have been recommended for chain-of-custody certification to the Sustainable Forestry Initiative ("SFI"), Programme for the Endorsement of Forest Certification ("PEFC") and Forest Stewardship Council ("FSC") standards.
1/6/2011
Russia has announced that it is freezing its timber export duties at their current level. The change took affect at the turn of the year and the freeze will remain in place until Russia joins the WTO.
1/6/2011
The Nordic Paper Journal reported that Myllykoski has resumed production on its PM6 at Kouvola mill paper mill in southern Finland.
1/5/2011
India's Tamil Nadu Newsprint and Papers' production capacity is ready to increase by about 60 percent next month with the commissioning of its third paper machine, according to a news story in the Hindu Business Line.
1/5/2011
BASF said that it will increase prices of sizing chemicals, colorants, and polymers for strength, fixation, and water management, for wet end paper chemicals sold into the North American paper market, effective Jan.15, 2011 or as contracts allow.
1/4/2011
The Newark Group said that its Graphicboard Products Division will increase prices from 6% to 8%, depending on the specific item, for all products.
1/4/2011
An ongoing salvage operation at Red Rock’s former linerboard mill may not bode well for a future restart of the plant if absolutely everything is taken out, says the town’s mayor.
“There’s parts of the mill that we don’t want them to touch, like the finishing room and recovery boiler,” Gary Nelson said in an interview.
1/1/2011
IPST (Institute of Paper Science and Technology) said that Professor Art Ragauskas and a team, with funding and support from the U.S. Department of Energy, will develop the necessary laboratory data to identify how new biofuel operations could be integrated into a modern kraft biorefinery operation, generating both 2nd- and 3rd-generation biofuels and value-added green materials.
1/1/2011
Recognized globally for its unmatched environmental leadership, Canada's forest products industry is entering the International Year of Forests with a return to profitability and a growing demand for its lumber, pulp and specialized papers produced from well-managed forests. The United Nations General Assembly declared 2011 as the International Year of Forests to raise awareness of sustainable
12/30/2010
In December, No. 5, 40-lb offset roll list prices for coated groundwood were flat at $795-875/ton on a month/month basis, according to analysts at Deutsche Bank (DB) who cover the paper and forest products sector.

The big news last week was UPM's agreement to acquire Myllykoski. The much-anticipated move helps consolidate the European publishing papers market, DB noted.
12/30/2010
According to China Customs statistics, from January to October 2010, China totally imported 9,155,000 tons of paper pulp, down 21.8% year-on-year, according to statistics released by China Customs.
12/29/2010
According to CEPIPRINT (the Association of European Publication Paper Producers), European demand for Newsprint in November 2010 rose 4.1% (34,000 tonnes) compared to the same period last year. Total European shipments to Europe were up 6.0% (47,000 tonnes), but exports dropped 13.6% (19,000 tonnes) year-on-year. As a result, the month of November closed with total European shipments up 3.0% (28,0
12/29/2010
Clearwater Paper Corporation today announced it has completed its acquisition of Cellu Tissue Holdings, Inc., an Alpharetta, Georgia-based manufacturer of tissue products. Clearwater Paper, headquartered in Spokane, Wash., now has 14 manufacturing locations in the U.S. and Canada, with a fifteenth under construction at Shelby, N.C.
12/25/2010
According to data released by the Pulp & Paper Products Council, November global pulp shipments increased on a month/month and year/year basis, up 2.7% and 1.4%, respectively. Hardwood shipments were up 10.4% m/m, largely due to higher shipments into China.
12/25/2010
Total U.S. industry consumption of recovered paper was 2.49 million tons, 3% lower than November 2009 and 6% lower than last month, according to the American Forest & Paper Association's (AF&PA) November 2010 Recovered Paper Monthly Report.
12/23/2010
Boise Inc. has named Samuel K. Cotterell as senior vice president and chief financial officer, effective January 1, 2011. Cotterell will replace Robert M. McNutt, who will resign his position on December 31, 2010 to pursue another employment opportunity.
12/23/2010
According to the American Forest & Paper Association’s (AF&PA) November 2010 Printing-Writing Paper Report, total U.S. printing-writing paper shipments decreased 2% in November compared to November 2009.
12/22/2010
Kymmene Corporation has entered into an agreement to acquire Myllykoski Corporation and Rhein Papier GmbH ("Myllykoski"). The approximate enterprise value of the businesses acquired is EUR 900 million.
12/22/2010
The Public Utilities Commission of Ohio has certified SMART Papers as an eligible renewable energy resource generating facility. The company operates a 37.8-megawatt co-generation power plant at its headquarters northwest of Cincinnati.
12/21/2010
Sodra Cell said that it has signed a letter of intent with Angara Paper and the Russian bank VEB to participate in a feasibility study regarding a pulp mill project in Russia

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