News

Catalyst Paper to Restructure Powell River Operation Catalyst Paper to Restructure Powell River Operation
2/24/2009
Catalyst Paper announced a restructuring plan to improve the cost competitiveness of its Powell River mill in British Columbia, Canada.
International Paper to Shut Inverurie Mill in Scotland International Paper to Shut Inverurie Mill in Scotland
2/23/2009
International Paper said that it will close its Inverurie, Scotland, Mill by the end of March.
Marathon Pulp Files for Bankruptcy Marathon Pulp Files for Bankruptcy
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).
Nippon Paper Agrees to Buy Australia Paper Nippon Paper Agrees to Buy Australia Paper
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.
Tembec Implements Cost Reduction Measures Tembec Implements Cost Reduction Measures
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.
Stora Enso Sells Shuttered Finnish Mill to Google Stora Enso Sells Shuttered Finnish Mill to Google
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.
Horizon Pulp & Paper Re-starts Kehra Mill in Estonia Horizon Pulp & Paper Re-starts Kehra Mill in Estonia
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.
Cellynne Starts-up New Tissue Machine in Florida Cellynne Starts-up New Tissue Machine in Florida
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.
Millar Western Reducing Pulp, Lumber Production Millar Western Reducing Pulp, Lumber Production
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.
Graphic Packaging to Close Four U.S. Plants Graphic Packaging to Close Four U.S. Plants
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.
Russia's Baikal Mill Stays Closed, Future Uncertain Russia's Baikal Mill Stays Closed, Future Uncertain
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.
Kruger to Take Coated, SC Paper Downtime in Canada Kruger to Take Coated, SC Paper Downtime in Canada
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.
Pan African Paper Mills on Verge of Collapse Pan African Paper Mills on Verge of Collapse
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).
Norske Skog Says No News on Sale of Mills in China Norske Skog Says No News on Sale of Mills in China
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.
Finch Paper Names Joe Raccuia President & CEO Finch Paper Names Joe Raccuia President & CEO
2/8/2009
Finch Paper LLC said that it has named Joseph F. Raccuia, 50, as president and CEO of the company.
Weyerhaeuser Names Ray Risco VP, Int'l Operations Weyerhaeuser Names Ray Risco VP, Int'l Operations
2/7/2009
Weyerhaeuser Company said that Marvin (Ray) Risco has been named vice president – International Operations, effective Jan. 26.
International Paper 4Q Earnings Fall on Charges International Paper 4Q Earnings Fall on Charges
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.
RockTenn Posts Fiscal 1Q Profit, Record Income RockTenn Posts Fiscal 1Q Profit, Record Income
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.
Smurfit-Stone Gets Court Approval for First Day Motions Smurfit-Stone Gets Court Approval for First Day Motions
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.
Tembec Furthers Curtailment of Pulp Production Tembec Furthers Curtailment of Pulp Production
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.
International Paper to Shut Howell, MI Packaging Plant International Paper to Shut Howell, MI Packaging Plant
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.
China's Newsprint Output Down in December China's Newsprint Output Down in December
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.
Schweitzer-Mauduit Names Peter Thompson, Treasurer Schweitzer-Mauduit Names Peter Thompson, Treasurer
1/28/2009
Schweitzer-Mauduit International has named Peter J. Thompson as treasurer, and chief financial and strategic planning officer.
Brazilian Pulp Maker VCP Takes Control of Aracruz Brazilian Pulp Maker VCP Takes Control of Aracruz
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.
U.S. Containerboard Production Falls 26% in December U.S. Containerboard Production Falls 26% in December
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.
Brazil's VCP Buys $1.16 Billion Stake in Aracruz Brazil's VCP Buys $1.16 Billion Stake in Aracruz
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.
SFK Pulp Extends Downtime at U.S. Mills SFK Pulp Extends Downtime at U.S. Mills
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.
Metso to Reduce Workforce in Finland Metso to Reduce Workforce in Finland
1/24/2009
Metso will start personnel negotiations regarding employee reductions in Finnish units serving the paper industry.
Stora Enso Warns Curtailments Hurt 4Q Earnings Stora Enso Warns Curtailments Hurt 4Q Earnings
1/24/2009
Stora Enso warned that after agressively curtailing production during the fourth quarter 2008, earnings from that period would be negatively affected.
Miramichi Mill Sold to Norwegian Solar Energy Firm Miramichi Mill Sold to Norwegian Solar Energy Firm
1/22/2009
UPM said that it has sold its former paper mill and related assets in Miramichi, New Brunswick, Canada, to Umoe Solar AS of Norway.
Pulp, Paper Union Heads Hold Unique Global Video Conference Pulp, Paper Union Heads Hold Unique Global Video Conference
1/22/2009
The first-ever full video conference of lay union reps and full time officials of the global union Workers Uniting, covering the pulp, paper and packaging sector took place on Jan. 14 from three locations: London (UK), Pittsburgh, Ohio and Menasha, Wisconsin (USA).
German Papermaker Said to Be Buying Kimberly Mill German Papermaker Said to Be Buying Kimberly Mill
1/21/2009
German papermaker August Koehler reportedly may be buying then retrofitting NewPage's shuttered mill in Kimberly, Wisconsin, according to a news story in Milwaukee's Journal Sentinel based on information from Forestweb.
Visy Linerboard Mill Expansion Project on Track Visy Linerboard Mill Expansion Project on Track
1/20/2009
A $460 million mill expansion project by Australian packaging maker Visy reportedly is on track with completion expected by October of this year, according to a local newspaper report.
Cascades Invests $5 Million in Kingsey Falls Mill Cascades Invests $5 Million in Kingsey Falls Mill
1/20/2009
Cascades Inc. said that it is investing $5 million in its Kingsey Falls linerboard mill located in Quebec, Canada.
Recovered Fiber Consumption Down in November Recovered Fiber Consumption Down in November
1/19/2009
According to the American Forest & Paper Association’s November 2008 Recycled Paper Monthly Report, total U.S. industry consumption of recovered fiber decreased 8.5% in November compared to November 2007.
Arjowiggins Looks to Increase Price for Coated Papers Arjowiggins Looks to Increase Price for Coated Papers
1/19/2009
Arjowiggins has announced a price increase of up to 10% on its coated papers in reels and sheets in order to "restore its profitability," according to a news story from PrintWeek.
India Becomes Fastest Growing Consumer of Paper India Becomes Fastest Growing Consumer of Paper
1/17/2009
Although many regions of the world are showing steep declines in demand for paper, India has emerged as the fastest growing market when it comes to consumption, posting growth of 10% in per capita consumption of paper in 2008.
NewPage to Trim 150,000 tons of Capacity in Q1 '09 NewPage to Trim 150,000 tons of Capacity in Q1 '09
1/15/2009
NewPage Corp. said that it plans to take approximately 150,000 tons of market-related downtime during the first quarter of 2009.
International Paper to Rebuild Boiler at Prattville International Paper to Rebuild Boiler at Prattville
1/15/2009
International Paper has plans to spend $40 million to rebuild one of the recovery boilers at the company's kraft paper mill in Prattville, Alabama.
Arctic Paper Moves Headquarters to Poland Arctic Paper Moves Headquarters to Poland
1/14/2009
Artic Paper recently announced that it has moved its corporate headquarters from Gothenburg, Sweden to Kostrzyn in Western Poland.
Botnia to Significantly Cut Pulp Production in Finland Botnia to Significantly Cut Pulp Production in Finland
1/13/2009
Botnia announced plans for significant cuts in pulp production during 2009 which will affect 678 employees at its five mills in Finland.
Monadnock Gains FSC Certification on Paper Lines Monadnock Gains FSC Certification on Paper Lines
1/13/2009
Monadnock Paper Mills announced that its entire line-up of Graphic Arts Printing and Packaging Papers and Boards is now Forest Stewardship Council (FSC) Certified.
Ahlstrom Furthers Closures, Workforce Reductions Ahlstrom Furthers Closures, Workforce Reductions
1/12/2009
Ahlstrom Corp. said that it will take further restructuring measures in order to adjust its operations to the weakening demand. The company is planning plant closures in Italy and temporary and permanent layoffs worldwide.
Kruger Plans Newsprint Reduction in First Half 2009 Kruger Plans Newsprint Reduction in First Half 2009
1/12/2009
Kruger Inc. said that it intends to reduce its newsprint production by 25,000 tons in the first half of 2009.
No. 11 Restarted at Wausau's Otis Mill in Maine No. 11 Restarted at Wausau's Otis Mill in Maine
1/11/2009
Wausau Paper has restarted the No. 11 paper machine at the company's Otis specialty paper mill in Jay, Maine, putting some 90 employees back to work.
Norske Skog Eyes Further Capacity Cuts in 2009 Norske Skog Eyes Further Capacity Cuts in 2009
1/10/2009
Norwegian papermaker Norske Skog said that it foresees further decline in demand for newsprint and magazine papers in Europe, and that further production curtailments will be necessary in 2009.
Norampac Recalls Trenton Mill Employees Norampac Recalls Trenton Mill Employees
1/10/2009
Some 90 unionized employees expect to be back on the job at Norampac's Trenton, Ontario corrugating medium mill in early January, according to a report in a local newspaper.
Sappi Completes Graphic Papers Deal With M-real Sappi Completes Graphic Papers Deal With M-real
1/5/2009
Sappi Limited on Dec. 31 completed the acquisition of the coated graphic paper business of M-real for Euro 750 million ($1.1 billion; R8.9 billion), subject to purchase price adjustments for net debt and working capital.

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