News

Ilim Group's Production in Northwest Russia Increased 8% in First Half 2011 Ilim Group's Production in Northwest Russia Increased 8% in First Half 2011
7/20/2011
Ilim Group said that over the first six months of 2011 its locations in the Northwest of Russia (the Company's Branch in Koryazhma and Ilim Gofra corrugated board plant in Leningrad Oblast) have manufactured 530,000 of pulp and paper products — 8% above the performance during similar period in 2010.
Packaging Corp of America 2Q Net Income Up Slightly Packaging Corp of America 2Q Net Income Up Slightly
7/20/2011
Packaging Corporation of America yesterday reported second quarter 2011 net income of $39 million, or $0.39 per share, which included after-tax income of $1 million, or $0.01 per share, from an adjustment to reserves related to medical benefits, and a $1 million, or $0.01 per share, charge from asset disposals related to major energy projects. Reported results for the second quarter of 2010 were n
Horizon Pulp and Paper 1st Half 2011 Earnings Up on Strong Sales Horizon Pulp and Paper 1st Half 2011 Earnings Up on Strong Sales
7/20/2011
Horizon Pulp & Paper reported first half 2011 turnover of EUR 30 million and net profit of EUR 8.1 million with a margin of 27 percent.
U.S. Containerboard Production Flat in June U.S. Containerboard Production Flat in June
7/19/2011
The American Forest & Paper Association (AF&PA) released its June 2011 U. S. Containerboard Statistics Report, which shows containerboard production was flat when compared to May 2011. However, the month-over-month average daily production was up 3.3%.
Voith to Supply Stora Enso Ostroleka Mill with New Testliner Paper Machine Voith to Supply Stora Enso Ostroleka Mill with New Testliner Paper Machine
7/19/2011
Voith Paper said that it will supply a new paper machine for the production of testliner to Stora Enso's Ostroleka Mill in Poland.
Andritz Completes Acquisition of Iggesund Tools Andritz Completes Acquisition of Iggesund Tools
7/19/2011
ANDRITZ has acquired Iggesund Tools International AB, headquartered in Iggesund, Sweden, including its subsidiaries in the USA, Canada, and other countries. The acquired companies have approximately 160 employees and generate annual sales of about 25 MEUR.
Scheufelen to Increase Price for Coated Woodfree Paper and Reels Scheufelen to Increase Price for Coated Woodfree Paper and Reels
7/16/2011
Papierfabrik Scheufelen (Lenningen, Germany) said that it will increase prices for coated woodfree (BVS) paper and reels (BRO) by 8% in all regions, effective with deliveries Sept. 1.
Georgia-Pacific Announces Debt Refinancing Georgia-Pacific Announces Debt Refinancing
7/16/2011
Georgia-Pacific LLC today announced that it expects to raise $3 billion to $3.5 billion in unsecured financing to refinance its secured indebtedness outstanding under its existing senior secured credit facilities.
Catalyst Paper Names Brian Johnston VP, Technical Services Catalyst Paper Names Brian Johnston VP, Technical Services
7/16/2011
Catalyst Paper announced the appointment of Brian Johnston to the role of vice president, technical services. Most recently Johnston served as vice president operations.
SP Newsprint Reaches Forbearance Agreement With Its Lenders SP Newsprint Reaches Forbearance Agreement With Its Lenders
7/16/2011
SP Newsprint Co., LLC [on July 12] announced that it has entered into a forbearance agreement with its revolving and term lenders.
EU Commission Approves UPM's Acquisition of Myllykoski, Rhein Papier EU Commission Approves UPM's Acquisition of Myllykoski, Rhein Papier
7/16/2011
The European Commission has today unconditionally approved UPM-Kymmene Oyj’s acquisition of Myllykoski Corporation and Rhein Papier GmbH ("Myllykoski"). Thus UPM has obtained all required regulatory clearances for the transaction. The target for the final closing of the transaction is in late July - early August. The companies announced the transaction on 21 December 2010
Gunns Agrees to Sell Triabunna Woodchip Mill to Wealthy Entrepreneurs Gunns Agrees to Sell Triabunna Woodchip Mill to Wealthy Entrepreneurs
7/16/2011
Gunns Limited said that it has entered into an agreement for the sale of the Triabunna woodchip facility in Tasmania, Autralia to Triabunna Investments Pty Ltd.
AF&PA Urges EPA to Make Changes to Non-Hazardous Secondary Materials Rule AF&PA Urges EPA to Make Changes to Non-Hazardous Secondary Materials Rule
7/16/2011
American Forest & Paper Association President and CEO Donna Harman issued the following statement regarding the Environmental Protection Agency’s (EPA) Comparable Contaminant Guidance Concept Paper for the Non-Hazardous Secondary Materials (NHSM) rule.
DS Smith to Sell Spicers to Unipapel for GBP 200 Million DS Smith to Sell Spicers to Unipapel for GBP 200 Million
7/13/2011
DS Smith Plc ("DS Smith" or the "Group"), the international supplier of recycled packaging for consumer goods, [on July 6] has received a binding offer for its European office products wholesaling business ("Spicers") from Unipapel S.A. ("Unipapel") for an enterprise value of GBP 200 million.
"Choose Print" as Part of Your Marketing Mix "Choose Print" as Part of Your Marketing Mix
7/13/2011
Print is the ideal communications medium and a powerful marketing tool. It also has surprisingly strong environmental credentials. Print on paper is recyclable, renewable and sustainable. And, contrary to popular belief, the use of print actually helps promote forests.
Guangdong Huatai Paper Starts Up Relocated Newsprint Machine Guangdong Huatai Paper Starts Up Relocated Newsprint Machine
7/13/2011
Metso said that a newsprint machine it relocated for Guangdong Huatai Paper Co., Ltd. in Jiangmen City, Guangdong Province in China, successfully started up on May 25, 2011.
Temple-Inland to Review Tender Offer from International Paper Temple-Inland to Review Tender Offer from International Paper
7/13/2011
Temple-Inland Inc. today acknowledged that International Paper Company announced that it will be commencing an unsolicited offer to acquire all of the outstanding shares of common stock of Temple-Inland for a price of $30.60 per Temple-Inland share in cash
International Paper Initiates Tender Offer to Acquire All Outstanding Shares of Temple-Inland International Paper Initiates Tender Offer to Acquire All Outstanding Shares of Temple-Inland
7/13/2011
International Paper Company today announced that it is commencing a fully financed tender offer for all outstanding common shares of Temple-Inland Inc. for $30.60 per share in cash. The all-cash offer represents a 46% premium to Temple-Inland's closing price on June 6, 2011, the last trading day prior to public disclosure of International Paper's proposal to acquire Temple-Inland. The offe
Ilim Group's RUR 310 Million Power Generation Project at Bratsk on Schedule Ilim Group's RUR 310 Million Power Generation Project at Bratsk on Schedule
7/12/2011
Ilim Group said that it is completing the second stage of the Rebuild of Facilities for Preparation, Storage, and Feeding Wood and Bark Waste for Incineration project [at Bratsk Branch in Russia] launched last year.
Billerud Names Susanne Lithander as Its New CFO Billerud Names Susanne Lithander as Its New CFO
7/12/2011
Billerud said that it has appointed Susanne Lithander as the new CFO and member of the Senior Management Team of Billerud, effective September 1, 2011.
UPM Inaugurates New Materials Recovery Facility at Shotton Mill UPM Inaugurates New Materials Recovery Facility at Shotton Mill
7/9/2011
UPM CEO Jussi Pesonen and the Ambassador of Finland to the United Kingdom officially opened the £17m Materials Recovery Facility (MRF) at UPM’s Shotton paper mill today.
M-real Suspends Deal to Sell Premium Papers Business M-real Suspends Deal to Sell Premium Papers Business
7/9/2011
M-real said that its negotiations to divest M-real’s Premium Papers business to a sister company of German Papierwerke Lenk AG have been suspended.
RockTenn Files Counterclaim in Pending Smurfit-Stone Shareholder Litigation RockTenn Files Counterclaim in Pending Smurfit-Stone Shareholder Litigation
7/9/2011
RockTenn [yesterday] announced that it filed a counterclaim in the pending Smurfit-Stone shareholder class action lawsuit.
Nippon Paper to Hike Price for Printing and Communication Papers Nippon Paper to Hike Price for Printing and Communication Papers
7/9/2011
Nippon Paper Industries said that it will increase prices for its printing and communication papers by 10%, effective September 1, 2011
New Pilot Facility in Alberta to Produce Nanocrystalline Cellulose New Pilot Facility in Alberta to Produce Nanocrystalline Cellulose
7/9/2011
It’s super strong, it’s green and it’s providing new opportunities for business in Alberta (Canada). It’s called nanocrystalline cellulose (NCC) and Alberta is about to become a leader in its production and study. A new Edmonton-based pilot facility will be the first in Canada to produce the quality of NCC that researchers need to fully explore all its potential applications.
Boise, OfficeMax, Extend Paper Purchase Agreement Boise, OfficeMax, Extend Paper Purchase Agreement
7/9/2011
Boise Inc. and OfficeMax recently announced they have extended their long-term relationship by entering into a new paper purchase agreement.
Metso to Supply Off-machine Coater Main Parts for Ilim's Koryazhma Branch Mill Metso to Supply Off-machine Coater Main Parts for Ilim's Koryazhma Branch Mill
7/9/2011
Metso said that it will supply the main components for the coated woodfree paper line’s off-machine coater at the Koryazhma Branch mill of Ilim Group in Koryazhma, Russia.
Pulpwood Prices in Western U.S. Up Sharply in Second Quarter 2011 Pulpwood Prices in Western U.S. Up Sharply in Second Quarter 2011
7/6/2011
Wood costs for pulp mills in Western U.S. have increased over the past 12 months, reaching their highest level since early 2008 in the 2Q/11. Pulp mills in the U.S. South have slightly lower wood costs than they did in 2010, and continue to have the lowest fiber costs in North America.
M-real to Hike Price for Its Woodfree Uncoated Paper in Europe M-real to Hike Price for Its Woodfree Uncoated Paper in Europe
7/6/2011
M-real Office Papers annouinced that it will implement a 5-8% price increase for all its woodfree uncoated and recycled paper products across Europe in August.
ABB Agrees to Buy Lorentzen & Wettre ABB Agrees to Buy Lorentzen & Wettre
7/6/2011
ABB said that it has agreed to acquire Lorentzen & Wettre from ASSA ABLOY AB (publ) for approx. $119 million (SEK 750 million).
UK Paper Industry Continues to Improve Health & Safety Performance UK Paper Industry Continues to Improve Health & Safety Performance
7/6/2011
The Confederation of Paper Industries (CPI) announces three years of significant achievements in improving health and safety performance in the corrugated, papermaking and recovered paper industries [in the United Kingdom].
Buckman Promotes Michael Wang to Market Manager Buckman Promotes Michael Wang to Market Manager
7/6/2011
Buckman announced that Michael S. Wang has been promoted to Market Manager Pulping with Buckman USA.
M-real Divests Its Myllykoski Paper Holding to UPM M-real Divests Its Myllykoski Paper Holding to UPM
7/6/2011
M-real Corporation, a part of Metsaliitto Group, has entered into an agreement to divest to UPM-Kymmene Corporation its 35% holding in Myllykoski Paper and the capital loan M-real has granted to Myllykoski Paper. Consequently M-real books in its 2Q 2011 result before taxes a EUR 4 million impairment. M-real will classify the Myllykoski-holding according to IFRS5 as Assets Held for Sale and recogni
M-real Agrees to Sell Hallein Pulp mill in Austria to Schweighofer Group M-real Agrees to Sell Hallein Pulp mill in Austria to Schweighofer Group
7/2/2011
M-real has signed an agreement to divest the entire share capital in M-real Hallein GmbH (Austria) to the Schweighofer Group.
FPInnovations Leases New Recausticizing Control Technology to TEXO Consulting and Controls FPInnovations Leases New Recausticizing Control Technology to TEXO Consulting and Controls
7/2/2011
FPInnovations and TEXO Consulting and Controls have signed a new license agreement for the sale of FPInnovations' Recausticizing Control Technology (RCT).
The Newark Group to Close Two Plants The Newark Group to Close Two Plants
7/2/2011
The Newark Group said that will close its Franklin Boxboard mill, located in Franklin, Ohio and its Newark Graphicboard-BCI plant, located in Newark, New Jersey.
SCA to Acquire 50% Stake in Turkish Hygiene Products Maker Komili SCA to Acquire 50% Stake in Turkish Hygiene Products Maker Komili
7/2/2011
SCA is acquiring 50 percent of the Turkish hygiene products company Komili from Yildiz Holding, which is the largest food group in Turkey. The purchase consideration corresponds to SEK 308m on a debt-free basis
Korber PaperLink Seeks Buyer for E.C.H. Will, Pemco, and Kugler-Womako Korber PaperLink Seeks Buyer for E.C.H. Will, Pemco, and Kugler-Womako
7/2/2011
Korber PaperLink Group said that it is seeking a new owner for E.C.H. Will, Pemco, and Kugler-Womako, which are part of the Group and form together the Paper Systems business unit
May Statistics on the European Mechanical Papers Industry May Statistics on the European Mechanical Papers Industry
7/2/2011
CEPIPRINT, the Association of European Publication Paper Producers, [released] its monthly summary of European (Western + Eastern) mechanical paper statistics [for May 2011].
MeadWestvaco to Invest $285 Million to Construct Biomass Boiler at Covington Mill MeadWestvaco to Invest $285 Million to Construct Biomass Boiler at Covington Mill
6/28/2011
MeadWestvaco (MWV) said that it will invest $285 million to construct a new, state-of-the-art biomass boiler and upgrade associated power infrastructure at its Covington, Virginia (USA), facility.
Cascades to Build Containerboard Mill in Niagara Falls, New York Cascades to Build Containerboard Mill in Niagara Falls, New York
6/28/2011
Cascades Inc. announces that its Norampac division will invest in Greenpac Mill LLC (Greenpac), a corporation created with the Caisse de depot et placement du Quebec (the Caisse), Jamestown Container and one other industry partner, for the purpose of constructing and operating a state-of-the-art containerboard mill to be located in New York State.
Canfor Pulp Opens New Innovation Centre in Burnaby, BC Canfor Pulp Opens New Innovation Centre in Burnaby, BC
6/28/2011
Joe Nemeth, President and CEO of Canfor Pulp Products Inc. ("CPPI"), which owns 49.8% of Canfor Pulp Limited Partnership ("CPLP"), [on June 24] announced three major new investments in innovation for the company in a ceremony opening the new Canfor Pulp Innovation Centre in Burnaby, BC.
Metsa Tissue Makes Deal to Produce and Sell G-P's Lotus Products in Russia Metsa Tissue Makes Deal to Produce and Sell G-P's Lotus Products in Russia
6/28/2011
Metsa Tissue and Georgia-Pacific ZAO (part of Georgia-Pacific LLC) have announced an exclusive agreement under which Metsa Tissue would obtain the license to manufacture, sell and market Georgia-Pacific’s Lotus® consumer tissue brand in Russia.
White Birch to Take Newsprint, Directory Paper Production Downtime in Quebec White Birch to Take Newsprint, Directory Paper Production Downtime in Quebec
6/28/2011
White Birch Paper Company announced that it is halting production at its three Quebec, Canada mills during the last week in June.

The 3 mills are: Quebec City, Masson Angers, and Riviere de Loup
OpenGate Capital Closes Deal with Cascades for Boxboard Plants OpenGate Capital Closes Deal with Cascades for Boxboard Plants
6/28/2011
OpenGate Capital said that it has closed its acquisition of two boxboard-manufacturing subsidiaries of Cascades Inc. The two subsidiaries will operate under the unified brand name, Fusion Paperboard, and will continue conducting business from Hebron, Kentucky and Versailles, Connecticut with existing management
Containerboard, Box Volume Growth Healthy, But Off 3Q 2010 Peak Containerboard, Box Volume Growth Healthy, But Off 3Q 2010 Peak
6/28/2011
Deutsche Bank's (DB) Containerboard Quarterly report said that higher containerboard and box prices drove producer operating income on a year/year basis.
Boise Announces Management Changes Boise Announces Management Changes
6/28/2011
Boise Inc. said that Jeff Lane will resign his position as senior vice president of the company's packaging operations effective June 22, 2011.
Kruger to Take Newsprint, Coated Paper Production Downtime in Canada Kruger to Take Newsprint, Coated Paper Production Downtime in Canada
6/28/2011
Kruger yesterday said that it will shut down production at its Trois-Rivieres, Brompton and Wayagamack mills between June 23 and June 28, 2011.

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