News

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.
2/23/2009
International Paper said that it will close its Inverurie, Scotland, Mill by the end of March.
2/22/2009
Marathon Pulp Inc. said that it has filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act (Canada).
2/21/2009
Nippon Paper said that it has agreed to acquire Australia Paper (AP) from PaperlinX Ltd. for AUD 600 million (USD 391 million), and pay up to AUD 100 million (USD 65 million) in subsequent payments dependent upon its performance from 2010 to 2012.
2/19/2009
Tembec announced a series of initiatives aimed at cost reduction during a period of significant economic decline that has affected virtually every sector and every region of the world.
2/18/2009
Stora Enso said that it has signed an agreement to sell the buildings and most of the Summa Mill site in Finland to Google for approximately EUR 40 million.
2/17/2009
Horizon Pulp & Paper said that it has re-started its Kehra mill in Estonia (Baltic region) bringing some 400 employees back to work.
2/16/2009
Metso said that a new tissue line delivered to Cellynne Paper Converter in Haines City, Florida came on stream in mid-January.
2/15/2009
Millar Western said that it will curtail production and layoff workers in its lumber and pulp operations in Alberta, Canada in response to the severity of the global economic decline and unprecedented weakness in market conditions.
2/15/2009
Graphic Packaging International said that it plans to close four manufacturing facilities and transition their business to other U.S. operating locations as it continues to aggressively complete integration plans to achieve the previously announced synergy savings of $90 million by 2010.
2/14/2009
The Baikal pulp and paper mill in Eastern Siberia, Russia, which had hoped to resume operations today after closing in 2008 for financial reasons, has not been restarted, according to the Russian News and Information Agency, Novosti.
2/12/2009
Kruger said that it will take 10 days of market-related downtime beginning February 27 to March 9 for coated paper production at the Trois-Rivieres and Kruger Wayagamack mills in Canada.
2/11/2009
East Africa's largest—and troubled—paper manufacturer, Pan African Paper Mills Limited, is on the verge of collapse due to alleged mismanagement, according to a news report published by Kenya Broadcasting Company (KBC).
2/11/2009
Norske Skog said that regardless of Chinese media speculation about the possiblity of the company selling its paper mills in China, there is nothing solid to report at this time.
2/8/2009
Finch Paper LLC said that it has named Joseph F. Raccuia, 50, as president and CEO of the company.
2/7/2009
Weyerhaeuser Company said that Marvin (Ray) Risco has been named vice president – International Operations, effective Jan. 26.
2/4/2009
International Paper preliminary full-year 2008 net earnings totaled $57 million ($0.13 per share) compared with $1.2 billion ($2.70 per share) in 2007.
2/3/2009
RockTenn reported earnings for the quarter ended December 31, 2008 of $0.79 per diluted share. The Company’s adjusted earnings were $0.96 per diluted share, excluding specific items related to the Southern Container acquisition and other restructuring charges. Adjusted earnings per diluted share increased 88% over the prior year quarter adjusted earnings of $0.51 per diluted share.
2/3/2009
Smurfit- Stone announced that the U.S. Bankruptcy Court in Wilmington, Delaware has granted the relief the Company requested in its "First Day Motions" filed in conjunction with its voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
2/2/2009
Tembec said that it will initiate a series of market-related pulp downtime affecting one of its Canadian pulp mills, as well as its three pulp mills in France.
1/31/2009
International Paper reportedly will permanently shutter its corrugated cardboard container facility in Howell, Michigan by the end of March, according to local news media.
1/29/2009
Dow Jones reported that China's newsprint output in December fell 10.8% from a year earlier to 314,000 metric tons, according to data issued by the National Bureau of Statistics.
1/28/2009
Schweitzer-Mauduit International has named Peter J. Thompson as treasurer, and chief financial and strategic planning officer.
1/28/2009
Brazilian pulp producer Votorantim Celulose e Papel (VCP) agreed to take over rival Aracruz Celulose in a deal that could reach 5.4 billion reais ($2.28 billion) to create the world's largest short-fiber pulp producer, according to a Reuters news report.
1/27/2009
According to the American Forest & Paper Association’s December 2008 U. S. Containerboard Statistics Report, total containerboard paper production decreased 26.1% in December compared to December 2007.
1/26/2009
Brazilian pulp producer Votorantim Celulose e Papel (VCP) said it would buy a 28.03 percent stake in Aracruz Celulose for 2.71 billion reais ($1.16 billion) as part of a plan to merge the two companies.
1/25/2009
SFK Pulp said that it will extend the current quarter's scheduled maintenance shutdowns at both of the company's U.S. recycled bleached kraft (RBK) pulp mills to balance its order book with inventory levels.

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