News

5/24/2009
Canada`s largest forest union has launched a national campaign demanding that the federal government act now to protect forest jobs and pensions.
5/21/2009
Mohawk Fine Papers said that Dan King has been named National Sales Manager, West.
5/19/2009
Importation of logs to Japan has declined for four consecutive years and was in 2008, 34 percent lower than the previous year and 50 percent lower than in 2004, reports the Wood Resource Quarterly.
5/18/2009
Metso said that it has joined forces with Finnish power company Fortum to explore oxyfuel combustion technology, which is part of a technical concept that enables carbon capture in power and heat generation.
5/17/2009
NewPage and Unisource Worldwide have initiated a new multi-year agreement that significantly increases their joint manufacturing and distribution relationship.
5/14/2009
Finland's Metsaliitto Group said that it has agreed to sell all of its shareholding (49.9%) in Vapo Oy to a Finnish consortium managed by EPV Energy Ltd.
5/12/2009
AbitibiBowater Inc. ("AbitibiBowater" or the "Company") and its Abitibi-Consolidated Inc. ("Abitibi") subsidiary announced that an order from the Quebec Superior Court in Canada has been obtained authorizing Abitibi to enter into a loan agreement with Bank of Montreal for debtor-in-possession financing which will be guaranteed by Investissement Quebec (the "Abitibi DIP Agreement").
5/11/2009
Boise Inc. reported a net loss of $0.9 million or ($0.01) per diluted share for first quarter 2009, compared with fourth quarter net loss of $15.5 million or ($0.20) per diluted share. Boise Inc. first quarter 2008 net loss was $16.4 million or ($0.26) per diluted share.
5/6/2009
Myllykoski said that it will take further market-related production curtailments in Europe in the second quarter of 2009.
5/5/2009
Orchids Paper Products Company reported net income for the three months ended March 31, 2009 of $2.8 million, or $0.42 per diluted share, the third consecutive quarterly record, compared with $611,000, or $0.09 per diluted share, in the same period in 2008. Net sales for the first quarter of 2009 were $23.6 million, an increase of 17% over the $20.3 million reported for the same quarter of 2008.
5/4/2009
Ahlstrom said that plans to initiate a further restructuring program focused on achieving annual cost reductions of EUR 50 million, with full effect in 2010.
5/4/2009
International Forest Products Corp. (IFP) said that Daniel Moore has been promoted to the position of chief operating officer. Moore has more than 25 years of experience in the forest products industry and joined IFP in 1988.
4/30/2009
SCA said that it has initiated an "efficiency improvement program" that is expected to reduce annual costs by SEK 1.07 billion. The program includes 2,200 job cuts, or about 14% of SCA's workforce, mainly in Europe.
4/29/2009
NewPage said that it is putting its Kimberly, Wisconsin paper mill up for sale. An investment banking firm, Sanabe & Associates, LLC, has been engaged for the marketing and sales process.
4/28/2009
Stora Enso said that it is planning to reorganize its operations with a focus on reducing annual costs by EUR 250 million — the majority of the reduction to be achieved during 2009 and the remainder by the end of 2010.
4/27/2009
Domtar said that it has achieved Forest Stewardship Council (FSC) Chain-of-Custody certification at four more of its paper mills — its coated groundwood mill in Columbus, Mississippi, and uncoated freesheet mills in Hawesville, Kentucky; Kingsport, Tennessee; and Marlboro (Bennettsville), South Carolina are now FSC-certified.
4/26/2009
Packaging Corporation of America reported first quarter 2009 net income of $26 million, or $0.25 per share, compared to first quarter 2008 net income of $32 million, or $0.31 per share. Net sales for the first quarter were $512 million compared to $577 million in the first quarter of 2008.
4/26/2009
Catalyst Paper said that the United Steelworkers (USW) Local 2688 and the International Brotherhood of Electrical Workers (IBEW) Local 518 representing 233 hourly employees at the company's Snowflake, Arizona mill have ratified the company's proposed extension of the current Labor Agreements through February 28, 2011.
4/22/2009
Schweitzer-Mauduit said that it will close its Papeteries de Malaucene paper mill in France. The mill produces finished tipping papers for cigarettes.
4/22/2009
According to a new report by PricewaterhouseCoopers (PwC), total deal value in the forest, paper and packaging (FPP) sector fell 23% to US$21.3bn in 2008, down from US$27.6bn in 2007.
4/20/2009
Rottneros said that it has decided to permanently shut down operations at its Miranda pulp mill in Spain.
4/19/2009
Tembec Inc. said that its subsidiary, Tembec USA LLC, has sold its idled coated paper mill located in St. Francisville, Louisiana to West Feliciana Acquisition, LLC.
4/19/2009
In Germany, recycled corrugated case material prices appear to be under pressure again after experiencing a brief period of stability, says EUWID in Germany.
4/14/2009
MeadWestvaco reportedly will take market related downtime on the No. 8 paper machine at the company's Covington mill in Virgina "for at least a month."
4/12/2009
The United States is imposing 10 percent ad valorem customs duties on imports of softwood lumber products from Ontario, Quebec, Manitoba, and Saskatchewan, in response to what it views as Canada’s failure to cure a breach of the 2006 Softwood Lumber Agreement.
4/8/2009
Confederation of Paper Industry (CPI) said that its analysis of UK paper mill raw material usage and H M Revenue and Customs (HM R&C) trade data shows continued progress through 2008 in the recovery of used paper and board products from the UK waste stream for recycling.
4/7/2009
Vietnam is now one of the most important suppliers of plantation Eucalyptus and Acacia wood chips to the pulp industry in both Japan and China, according to an industry report. The country has expanded shipments gradually over the past six years and is now the world’s fourth largest hardwood chip exporter.
4/7/2009
NewPage Corp. said that it plans to take approximately 150,000 tons of market-related downtime on its paper machines at various mill locations during the second quarter of 2009.
4/5/2009
AbitibiBowater Inc. ("AbitibiBowater") announced that the Company is evaluating new restructuring alternatives and is currently in active discussions with lenders and debt holders of its Bowater Incorporated subsidiary (Bowater) to restructure Bowater's debt and implement alternatives for maintaining adequate liquidity levels.
4/1/2009
White Birch Paper Company announced that it will take market related downtime at its Papier Masson mill in Masson Angers, Quebec.
3/31/2009
SCA said that it is restructuring its supply chain for its tissue operations in Italy, including the closure of the Pratovecchio mill.
3/30/2009
NewPage Corp said that it has completed the sale of its Little Quinnesec hydroelectric facility in Niagara, Wisconsin to Northbrook Wisconsin, LLC.
3/29/2009
Venezuela has begun an investigation into two paper companies, including U.S.-based Kimberly-Clark Corp., for allegedly skirting government price controls on products, officials said Monday.
3/26/2009
Aracruz Celulose and its joint venture partner Stora Enso said that a decision has been made to postpone expansion plans for the JV's Veracel pulp mill in Bahia, Brazil for at least one year.
3/25/2009
The American Forest & Paper Association (AF&PA) called on U.S. Secretary of Energy Steven Chu to help support America’s recycling efforts with funds from the Department of Energy’s share of the recent stimulus bill, the American Recovery and Reinvestment Act.
3/24/2009
Sonoco said that it will permanently close its Lancaster, Ohio, uncoated recycled paperboard mill on May 16, 2009.
3/24/2009
Fraser Papers said that its integrated East Papers operations (Madawaska, Maine paper mill and Edmundston, New Brunswick pulp mill) had achieved Forest Stewardship Council (FSC) Chain of Custody certification.
3/18/2009
Metso said that it will supply Korsnas AB with a new evaporation plant and two recovery boiler upgrades at the company's pulp mill in Gavle, Sweden.
3/16/2009
Sweden's Korsnas AB said that it has acquired Rockhammar pulp mill from Rottneros for SEK 145 million (approx. USD 16.4 million).
3/16/2009
The American Forest & Paper Association (AF&PA) applauded the introduction of the Federal Land Assistance, Management, and Enhancement (FLAME) Act, legislation to help fund the suppression of catastrophic wildfires.
3/12/2009
World demand for pressure sensitive adhesive (PSA, self-adhesive) tapes is forecast to expand 5.0 percent per year through 2012, reaching 36 billion square meters, according to the industry research firm, The Freedonia Group.
3/12/2009
The Wood Resources Quarterly Global Average Wood Fiber Price Indices recorded the sharpest quarterly decline since their inception in 1988, as wood fiber consumption by struggling pulp and paper industries decreased worldwide in the 4Q/08, according to its publisher, Wood Resources International.
3/9/2009
Domtar said that it will be idling its Woodland pulp mill in Baileyville, Maine for an undetermined period, as of May 5, 2009. The mill has an annual hardwood pulp production capacity of 398,000 air dry metric tons.
3/8/2009
White Birch Paper Company said that it will take market related downtime at its Bear Island newsprint mill in Ashland, Virginia.
3/4/2009
PaperAge magazine announced that James A. Rubright, chairman and chief executive officer of RockTenn Company, has been named “Executive Papermaker of the Year.”
3/3/2009
Europe is currently the major market for pellets, but the interest for non-fossil fuels in North America is growing.
3/1/2009
Russia's President Dmitry Medvedev said that the government would support the creation of pulp and paper mills close to the country's borders to export more value-added products, according to a news story in The Moscow Times.
2/24/2009
Catalyst Paper announced a restructuring plan to improve the cost competitiveness of its Powell River mill in British Columbia, Canada.

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