News

Neenah Paper and Crane Form Fine Papers Deal Neenah Paper and Crane Form Fine Papers Deal
8/28/2009
Neenah Paper and Crane & Co. said that they have signed an exclusive partnership agreement for Neenah to manufacture, market and distribute Crane's fine business paper brands: Crest®, Bond®, Lettra®, Palette™, and Crane's® Choice Papers.
Sappi to Permanently Close Muskegon, MI Mill Sappi to Permanently Close Muskegon, MI Mill
8/28/2009
Sappi Fine Paper North America today said that it will permanently cease operations at its coated fine paper mill in Muskegon, Michigan
Thiele Makes Representation Change For China Thiele Makes Representation Change For China
8/13/2009
Thiele Kaolin Company said that effective October 1, 2009, Shiraishi Calcium Kaisha, Ltd., which has a subsidiary company in Shanghai, will take over as sales agent and distributor of Thiele’s product line in the Chinese market.
European Publication Paper Demand Down in June European Publication Paper Demand Down in June
8/12/2009
CEPIPRINT in its June report on European mechanical paper said that with the exception of newsprint, shipments and European demand recorded a dro‌p for al grades compared to the year-earlier period.
Metso to Deliver Coated Paper Machine to China Metso to Deliver Coated Paper Machine to China
8/12/2009
Metso said that it will supply a large coated fine paper machine to Shouguang MeiLun Paper Co., Ltd.in Shouguang, Shandong province, China.
Domtar Posts Increase in 2Q Earnings Domtar Posts Increase in 2Q Earnings
8/9/2009
Domtar Corporation reported net earnings of $48 million ($1.12 per share) for the second quarter of 2009 compared to a net loss of $45 million ($1.05 per share) for the first quarter of 2009 and net earnings of $24 million ($0.56 per share) for the second quarter of 2008.
Metso to Buy Coater/Blade Unit of Pacific International Metso to Buy Coater/Blade Unit of Pacific International
8/9/2009
Metso said that it has entered into an asset purchase agreement with Pacific/Hoe Saw&Knife Company whereby Metso will acquire the coater and doctor blade business of Pacific International, a division of Pacific/Hoe, located in Portland, Oregon, USA.
Botnia Hikes Price for NBSK and Eucalyptus Pulp Botnia Hikes Price for NBSK and Eucalyptus Pulp
8/6/2009
Botnia said that it has increased pulp prices in Europe and China, effective August 1.
Caraustar Ups Price for All Recycled Paperboard Grades Caraustar Ups Price for All Recycled Paperboard Grades
8/6/2009
Caraustar Industries said that it will increase prices by $40 per ton on all recycled paperboard grades produced by its mills, effective with shipments on and after August 24, 2009.
WMU In Program to Recycle Fast Food Containers WMU In Program to Recycle Fast Food Containers
8/5/2009
Imagine going to a fast food restaurant and not seeing a trashcan — a recycle bin is the only thing you'll need.
Sonoco Expanding Recycling Center in Charlotte Sonoco Expanding Recycling Center in Charlotte
8/4/2009
Sonoco said that it has started an expansion and renovation project at the company's Recycling Center in Charlotte, North Carolina that will enable the facility to process larger volumes of recycled materials.
KapStone 2Q Income Boosted by Alternative Fuel Tax Credits KapStone 2Q Income Boosted by Alternative Fuel Tax Credits
8/4/2009
KapStone Paper and Packaging Corp. reported results for the second quarter ended June 30, 2009.
International Paper 2Q Earnings Fall on Charges International Paper 2Q Earnings Fall on Charges
8/3/2009
International Paper reported preliminary 2009 second-quarter net earnings attributable to common shareholders of $136 million ($0.32 per share) compared with $257 million ($0.61 per share) in the first quarter of 2009 and $227 million ($0.54 per share) in the second quarter of 2008. Amounts in all periods include special items.
Fraser Papers Names Jim Gehrman VP Sales Fraser Papers Names Jim Gehrman VP Sales
8/3/2009
Fraser Papers has appointed Jim Gehrman to the position of vice president, Sales with responsibility for all of the company's paper product sales.
Wausau Paper 2nd Quarter Loss Narrows Wausau Paper 2nd Quarter Loss Narrows
7/30/2009
Wausau Paper reported that in the second quarter:

Adjusted quarterly earnings of $0.15 per share reached their strongest level in nearly 5 years.
Canfor Pulp Posts Second Quarter 2009 Results Canfor Pulp Posts Second Quarter 2009 Results
7/30/2009
Canfor Pulp Income Fund (the "Fund") on Friday announced its second quarter 2009 results as well as the results of Canfor Pulp Limited Partnership (the Partnership) in which the Fund has a 49.8% ownership.
Hamburger Hungaria Starts-up New Voith PM Hamburger Hungaria Starts-up New Voith PM
7/28/2009
Hamburger Hungaria Ltd, member of the Prinzhorn Group, has started up a new containerboard machine in Dunaujvaros, 70 km South of Budapest.
Temple-Inland Posts Increase in 2Q Profit Temple-Inland Posts Increase in 2Q Profit
7/26/2009
Temple-Inland Inc. reported second quarter 2009 net income of $66 million, or $0.61 per diluted share, compared with first quarter 2009 net income of $35 million, or $0.33 per diluted share, and second quarter 2008 net income of $8 million, or $0.07 per diluted share. Second quarter 2009 net income excluding special items was $26 million, or $0.24 per diluted share.
NewPage Expands Ideal Offset Product/Service NewPage Expands Ideal Offset Product/Service
7/23/2009
NewPage announced that Ideal Offset, a 92 bright, uncoated offset sheet, has expanded its offering to include 7 and 9 pt. Hi D, both caliper guaranteed products that meet USPS minimums for postal requirements.
Printing & Writing Paper Shipments Down 20% in June Printing & Writing Paper Shipments Down 20% in June
7/23/2009
The American Forest & Paper Association reported total printing-writing paper shipments decreased 19.6% in June 2009 compared to June 2008. For the year to date, shipments were down 22.7%.
Metso to Supply Fine Paper Machine to China Metso to Supply Fine Paper Machine to China
7/9/2009
Metso said that it has been contracted by Chinese Zhanjiang Chenming Pulp & Paper Co., Ltd. to supply a fine paper machine to the company's greenfield pulp and paper mill in Zhanjiang, Guangdong province, China.
BASF to Sell or Close 23 Former Ciba Facilities BASF to Sell or Close 23 Former Ciba Facilities
7/9/2009
BASF said that it plans to sell or close 23 of 55 former Ciba Speciality Chemical production sites worldwide as it integrates its acquisition of the Basel, Switzerland-headquartered chemical producer
AbitibiBowater Hires Chief Restructuring Officer AbitibiBowater Hires Chief Restructuring Officer
7/3/2009
AbitibiBowater said that it has appointed Bruce K. Robertson as chief restructuring officer.
Black Liquor Tax Credit Helping Pulpwood Prices Black Liquor Tax Credit Helping Pulpwood Prices
7/3/2009
pulp companies started to take advantage of a loophole in the US tax law, which will result in an influx of billions of dollars to a struggling industry. As a consequence, prices for wood chips and pulpwood in the US have not fallen as much as they would have without the subsidy, reports the North American Wood Fiber Review.
Buckeye Technologies Earns AF&PA's Environmental Award Buckeye Technologies Earns AF&PA's Environmental Award
6/28/2009
The American Forest & Paper Association (AF&PA) presented Buckeye Technologies Inc. with the 2009 Environmental & Energy Achievement Award. The coveted award recognizes an AF&PA member company that has significantly contributed to advances in the practical application of new and improved environmental and energy technology.
Caraustar Gets Court OK to Use DIP Funds Caraustar Gets Court OK to Use DIP Funds
6/28/2009
Caraustar Industries, Inc. announced that the Bankruptcy Court for the Northern District of Georgia (the "Court') granted final authorization for the company to borrow all amounts available under its $75 million debtor-in-possession credit facility (the "DIP Facility") from General Electric Capital Corporation, pursuant to the terms and conditions of the DIP Facility Agreement, and to use the
Kapstone's Charleston Kraft Mill Earns SFI Stamp Kapstone's Charleston Kraft Mill Earns SFI Stamp
6/9/2009
KapStone Paper and Packaging Corp. said that its Charleston Kraft LLC, an unbleached Kraft paper and lumber producer, has achieved certification to the independent Sustainable Forestry Initiative (SFI) fiber sourcing and chain-of-custody (CoC) standards across its five chip mills.
Graphic Packaging Closes Sale of Handschy to Sun Chemical Graphic Packaging Closes Sale of Handschy to Sun Chemical
6/8/2009
Graphic Packaging International said that it has closed a deal to sell certain assets and liabilities of the Handschy inks, coatings and varnishes business to Sun Chemical.
Poyry Gets Engineering Contract for Russian Pulp Mill Poyry Gets Engineering Contract for Russian Pulp Mill
6/7/2009
Poyry said that it has been commissioned to provide permitting engineering services for the Investlesprom's Segezha pulp mill in Russia.
Wood Pellet Industry Impacting Raw Material Pricing Wood Pellet Industry Impacting Raw Material Pricing
6/7/2009
The competition for wood raw-material in Europe has been intensifying the past few years as sawmills, wood-panel manufacturers, pulp mills and bio-energy facilities expanded capacity during 2006 and 2007 and therefore increased the usage of roundwood and wood residues, reports the Wood Resource Quarterly (WRQ).
Indonesia Paper Sector Up Sharply in Q1 2009 Indonesia Paper Sector Up Sharply in Q1 2009
6/3/2009
Strong demand, in part boosted by the recent general elections, helped propel Indonesia’s paper and printing materials industry to grow 10.16 percent in the first quarter from a quarter earlier, the fastest quarterly growth since the financial crisis in the late 1990s, reflecting a surprisingly good economic environment, according to a news report in The Jakarta Post.
Weyerhaeuser Donates $100,000 to Local Relief Fund Weyerhaeuser Donates $100,000 to Local Relief Fund
6/2/2009
The Weyerhaeuser Company Foundation said that it will award $100,000 to relief agencies in Grays Harbor County.
Horror Story Printed on Toilet Paper in Japan Horror Story Printed on Toilet Paper in Japan
5/31/2009
In a country where ghosts are traditionally believed to hide in the loo, a Japanese company is advertising a new literary experience — a horror story printed on toilet paper.
AF&PA Voices Concern Over 2009 Energy Policy AF&PA Voices Concern Over 2009 Energy Policy
5/28/2009
In response to approval last night in the House Energy and Commerce Committee of the American Clean Energy and Security Act of 2009, American Forest & Paper Association president and CEO Donna Harman issued the following statement:
U.S. Containerboard Production Down in April U.S. Containerboard Production Down in April
5/27/2009
Total containerboard paper production decreased 15.7% in April compared to April 2008, according to the American Forest & Paper Association's April 2009 U. S. Containerboard Statistics Report.
Smurfit-Stone Names John Murphy Sr. VP, CFO Smurfit-Stone Names John Murphy Sr. VP, CFO
5/26/2009
Smurfit-Stone Container Corp. announced that John Murphy has been named to the position of senior vice president and chief financial officer. Murphy succeeds Chuck Hinrichs , who has announced his intent to pursue other career opportunities.
Stora Enso and Arauco Buy Ence's Uruguay Assets Stora Enso and Arauco Buy Ence's Uruguay Assets
5/25/2009
Stora Enso and Arauco have signed a definitive purchase agreement with the Spanish pulp producer Grupo ENCE for the joint acquisition on a 50/50 basis of approximately 130,000 hectares of owned land and plantations, 6 000 hectares of leased lands and other operations owned by Grupo ENCE in the central and western areas of Uruguay.
Forest Workers in Canada Rally to Protect Jobs Forest Workers in Canada Rally to Protect Jobs
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.
Mohawk Names Dan King to Sales Post Mohawk Names Dan King to Sales Post
5/21/2009
Mohawk Fine Papers said that Dan King has been named National Sales Manager, West.
U.S. Now Leading Supplier of Logs to Japan U.S. Now Leading Supplier of Logs to Japan
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.
Metso and Fortum to Explore Oxyfuel Combustion Technology Metso and Fortum to Explore Oxyfuel Combustion Technology
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.
NewPage, Unisource Expand Business Agreement NewPage, Unisource Expand Business Agreement
5/17/2009
NewPage and Unisource Worldwide have initiated a new multi-year agreement that significantly increases their joint manufacturing and distribution relationship.
Metsaliitto Agrees to Sell Stake in Vapo Metsaliitto Agrees to Sell Stake in Vapo
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.
AbitibiBowater Gets Court OK for DIP Financing AbitibiBowater Gets Court OK for DIP Financing
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").
Boise First Quarter Loss Narrows Boise First Quarter Loss Narrows
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.
Myllykoski to Cut More Capacity in 2nd Quarter Myllykoski to Cut More Capacity in 2nd Quarter
5/6/2009
Myllykoski said that it will take further market-related production curtailments in Europe in the second quarter of 2009.
Orchids Paper Posts First Quarter Profit Orchids Paper Posts First Quarter Profit
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.
Ahlstrom Eyes Further Job Cuts to Reduce Costs Ahlstrom Eyes Further Job Cuts to Reduce Costs
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.

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