News

7/14/2008
Graphic Packaging International said that it has signed an agreement with an affiliate of Sun Capital Partners, Inc. to sell two coated-recycled board (CRB) mills as required by the U.S. Department of Justice pursuant to the Consent Decree governing the combination of Graphic Packaging International, Inc. and Altivity Packaging, LLC in March 2008.
7/6/2008
The Newark Group's Paperboard Mill Division has announced a $50 per ton price increase on all grades of recycled paperboard effective with shipments July 28, 2008.
7/6/2008
Mohawk Fine Papers has named Rob Ferragina as Regional Sales Manager, New York Metro, Mid-Atlantic region
7/6/2008
Cascades said that it wil invest $15 million in a project to install a high-tech converting line at its Lachute (Quebec) tissue paper mill.
6/25/2008
Norske Skog said that it has entered into a definitive agreement to sell its Korean subsidiary, Korea Co. Ltd., for NOK 4.3 billion (USD 830 million) to Morgan Stanley Private Equity Asia and Shinhan Private Equity
6/25/2008
said that it has signed an agreement to sell its UK and Ireland conventional corrugated business to Spain's SAICA for GBP 100 million (EUR 125 million) in an all cash deal. About 1,800 people are currently employed in these operations.
6/21/2008
Graphic Packaging International said that it will temporarily shut down its No. 2 coated board machine at its West Monroe, Louisiana mill. The machine produces approximately 100,000 tons of coated unbleached kraft (CUK) annually, which is primarily used in the production of beverage cartons.
6/21/2008
SCA said that it has signed an agreement to sell its UK and Ireland conventional corrugated business to Spain's SAICA for GBP 100 million (EUR 125 million) in an all cash deal. About 1,800 people are currently employed in these operations.
6/14/2008
Tembec announced that Chris Black has been appointed executive vice president and president of the company’s Paper Group.
6/14/2008
Longview Fibre Paper and Packaging, Inc. has named Frank McShane as president of the company.
6/8/2008
IMERYS Pigments for Paper said that it will increase prices for all kaolin products, effective immediately.
6/8/2008
John W. Weaver, AbitibiBowater's executive chairman, announced his retirement (effective July 1, 2008) at the company's annual meeting of stockholders earlier today.
5/31/2008
Katahdin Paper Company LLC yesterday said that it will indefinitely shutdown a 180,000 ton per year supercalendered paper machine at its mill in Millinocket, Maine.
5/31/2008
Sodra Cell said that its pulp mill in Varberg, Sweden (Sodra Cell Varo) plans to become independent of fossil fuels for day-to-day operation by the year 2012.
5/29/2008
Orient Paper Inc. said that it is planning to build a new paper mill in the Xushui County, Hebei Province, in China.
5/29/2008
Global trade of woodchips increased 6% in 2007, reaching new records

Pulpmills in both Europe and the Pacific Rim are increasingly sourcing their mills with wood from fast-growing plantations. This has resulted in a major expansion of worldwide trade of both wood chips and pulplogs the past few years, according to an industry report
5/22/2008
MeadWestvaco (MWV) said that Edward R. Griffith has joined the company as vice president of Planning and Entitlement, MWV Community Development and Land Management Group.
5/17/2008
Neenah Paper today said that it has signed a definitive agreement to sell its Pictou pulp mill to Northern Pulp Nova Scotia Corporation, a new operating company of Atlas Holdings LLC and Blue Wolf Capital Management LLC.
5/17/2008
MeadWestvaco late yesterday said that it will discontinue operations at its packaging plant in Warrington, Pennsylvania and close the facility by late summer of this year.
5/15/2008
Hamilton, Ohio-based SMART Papers said that it has begun construction on a new $30 million high-efficiency energy co-generation facility, which ultimately will use 100% biomass fuel to generate electricity and steam to operate the company's mill. The project includes four turbines, two condensers, a cooling tower and auxiliary equipment.
5/15/2008
Laidlaw Energy Group, Inc., through its affiliate, Laidlaw Berlin BioPower, LLC (Laidlaw), announced that it has entered into a definitive agreement with North American Dismantling Corp. (NADC) to acquire the assets comprising the former Fraser Papers pulp mill located in Berlin, NH. In connection with the execution of the Agreement, Laidlaw has provided a significant “hard money” deposit to NADC
5/7/2008
An explosion on Saturday at International Paper's Vicksburg mill in Redwood, Mississippi has left a contract worker dead and 17 others injured when a recovery boiler exploded after being restarted.
5/7/2008
The U.S. Department of Justice has concluded its Hart-Scott-Rodino review of International Paper's announced acquisition of Weyerhaeuser's containerboard packaging and recycling business. Regulatory reviews in several other countries are ongoing.
4/29/2008
Weyerhaeuser on Friday said that it will permanently close its oriented strand board (OSB) plant located in Miramichi, New Brunswick, Canada, on June 6.
4/29/2008
UPM said that it has agreed to form a joint venture with Sveza Group (Russia) to build a facility that would include a pulp mill, a sawmill and an OSB mill in the Vologda region of Northwest Russia.
4/29/2008
Smurfit-Stone Container Corp. yesterday reported a first quarter 2008 adjusted net loss of $24 million, or $0.09 per diluted share. Results were flat on a year-over-year basis, and down from adjusted net income of $23 million, or $0.09 per share, in the fourth quarter 2007. Adjusted net income (loss) reflects adjustments to net income (loss) available to common stockholders per diluted share, as d
4/5/2008
Statistics from China Customs showed, in 2007, China imported a total of 8.472 million metric tons of pulp at the value of USD 5.55 billion, up 6.5% and 26.3% respectively from 2006, according to a news report on China Paper Online. And, demand for pulp imports in China continues to grow.
4/5/2008
SCA Tissue North America said that Don Lewis has been named president of company, effective April 1.
3/29/2008
Smurfit Kappa Group said that it plans to permanently close 130,000 tonnes of less-efficient containerboard capacity, along with reducing production capacity in 2008 by up to 80,000 tonnes through market-related downtime.
3/29/2008
Port Townsend Paper Corp.announced that John Begley is retiring as its president and CEO at the end of April, and that Charles E. Hodges, also a member of the company’s board, will assume Begley’s position.
3/29/2008
Tembec has confirmed that a fire broke out on Wednesday night (3/26) around 6:20 pm in paper machine No.1 at its Pine Falls facility in Manitoba, Canada.
3/14/2008
Orchids Paper Products Company yesterday reported net income for the twelve months ended December 31, 2007
3/14/2008
The U.S. Department of Commerce yesterday announced its preliminary decision to apply the U.S. anti-subsidy law to imports of lightweight thermal paper from China. The preliminary decision determined that certain Chinese producers and exporters of lightweight thermal paper received countervailable subsidies ranging from 5.68% to 59.5%, with one producer receiving a duty of less than 1%.
3/6/2008
Stora Enso said that on March 4 its plantation in the southern Brazilian state of Rio Grande do Sul was invaded by about 800 activists, most of whom were women.
3/6/2008
According to a Reuters news report, fine papermaker Sappi said that it needs to urgently fix its European business, but its North American operations had steadily improved.
2/21/2008
SCA said that it has increased its stake in Hong Kong-based tissue maker Vinda, from 14% to 19%.
2/21/2008
The American Forest & Paper Association (AF&PA) said that the Pulp & Paper General Session of the 131st Annual Paper Week will focus on one of the most critical issues facing the forest and paper industry today—sustainability.
2/14/2008
Ahlstrom yesterday said that it has completed the acquisition of Friend Group Inc., which consists of West Carrollton Parchment Company and West Carrollton Converting Company.
2/2/2008
Weyerhaeuser Company said that it will consider a broad range of strategic alternatives for its Commercial Construction Sales business and related assets.
2/2/2008
Ahlstrom today said that it has signed an agreement to acquire Friend Group Inc., which consists of West Carrollton Parchment Company and West Carrollton Converting Company. The Group is a producer of vegetable parchment and has parchmentizing and converting operations located in West Carrollton, Ohio.
2/2/2008
MeadWestvaco Corp. today reported 2007 fourth quarter net income of $148 million, or $0.82 per share. Included in the results are after-tax restructuring charges of $26 million, or $0.14 per share, primarily related to asset write-downs and employee separation costs, and after-tax one-time costs of $3 million, or $0.02 per share, related to the company’s cost initiative.
1/25/2008
Rayonier today reported full year 2007 income from continuing operations of $174.3 million, or $2.21 per share, compared to $171.2 million, or $2.19 per share, in 2006. Excluding special items 1, earnings were $2.35 per share, or 18 percent, above 2006 earnings of $1.99 per share. In 2007, cash provided by operating activities of $324 million was $17 million above 2006. Cash available for distribu
1/25/2008
Canfor Pulp Limited Partnership said it expects to take about 5 weeks of pulp downtime to make interim repairs at its Prince George pulp and paper mill in British Columbia due to a fire in the facility's chip screening and in-feed system.
1/15/2008
Pope & Talbot, Inc. said that it has agreed to sell three pulp mills to one or more affiliates within the Sinar Mas Group for approximately $225 million, including the assumption of certain liabilities and $100 million of working capital proceeds that is not subject to the sale, to be realized after closing.
1/15/2008
Weyerhaeuser Company today announced that it has reached a definitive agreement to sell its iLevel European engineered wood products operations to Finnforest of Finland, part of the Metsaliitto Group.
1/5/2008
Stora Enso said it will file a criminal complaint about the demonstration that took place at its Kemijärvi pulp mill yesterday.
1/5/2008
Caraustar Industries today said that it will increase prices for all grades of uncoated recycled paperboard by $40 per ton effective with shipments on and after January 28, 2008.
1/5/2008
A combination of mill workers and local activists are holding a demonstration inside Stora Enso's Kemijärvi pulp mill in Finland in protest of the company's announcement to shut the mill by the end of June 2008.

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