Tuesday, 03 December 2019 08:52
Kemira appoints Mikko Pohjala as Vice President, Investor Relations
Mikko PohjalaMikko Pohjala (M.Sc. Econ.) has been appointed Vice President, Investor Relations of Kemira Oyj starting from December 10, 2019. Mikko Pohjala transfers to Kemira from Citycon, where he has been working as Director, IR and Communications for the last…
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Wednesday, 06 November 2019 08:29
Resolute Further Enhances Liquidity with Amended and Restated Senior Secured Credit Agreement
Resolute Forest Products Inc. has just announced that it has entered into an amended and restated senior secured credit agreement for up to $360 million, replacing the company's existing $185 million senior secured credit facility. The amended and restated credit…
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Friday, 25 October 2019 08:22
Minerals Technologies Announces New $75 Million Share Repurchase Program
Minerals Technologies Inc. has just announced that its Board of Directors has authorized a new, one-year $75 million share repurchase program, effective immediately. This repurchase program replaces the previous program authorized by the Board of Directors that expired on October…
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Thursday, 24 October 2019 09:14
Eucalyptus pulplog prices in Brazil have fallen over the past year and in the 2Q/19 reached their lowest levels in three years, reports the Wood Resource Quarterly
Pulpmills in Brazil had some of the lowest wood fiber costs in the world in the 2Q/19, according to the WRQ. Over the past three years Eucalyptus pulplog prices have fallen while the global Hardwood Fiber Price Index (HFPI) has…
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Tuesday, 22 October 2019 08:28
Stora Enso has completed the divestment of its stake in the Dawang paper mill
Stora Enso has completed the divestment announced on 25 July 2019 of its 60% equity stake in the Dawang Mill in China to its joint venture partner, Shandong Huatai Paper. The transaction will not have any material impact on Stora…
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Monday, 23 September 2019 10:59
Rottneros seeks approval from noteholders regarding a potential extra dividend payment
Rottneros AB (publ) (“Rottneros”) has just announced that it is, through a written procedure, soliciting approval from holders of its notes (the “Noteholders”) with ISIN SE0010297804 (the “Notes”) to waive the distribution restriction in the terms & conditions of the…
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Monday, 23 September 2019 10:57
Lower pace of KM7 start-up affects third quarter result
Due to a lower pace in the initial start-up of the new board machine at Gruvön, the effect on the result in the third quarter is adjusted by approximately SEK 150 million. The effects in the fourth quarter and the…
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Thursday, 19 September 2019 22:24
Södra adjusts timber prices to conditions in the market
Södra is adjusting the price of spruce logs and pulpwood. Spruce log supplies are high in both Sweden and the rest of Europe. The global economy is showing continued signs of a slowdown, which is affecting the finished goods market,…
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Thursday, 19 September 2019 19:16
WestRock Provides Update of Financial Impact Following Hurricane Dorian
WestRock Company (NYSE: WRK), a leading provider of differentiated paper and packaging solutions, today provided an estimate of the impact of Hurricane Dorian on its fiscal fourth quarter financial results. The Company idled three of its containerboard mills in the…
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Friday, 13 September 2019 13:39
Pulp Market to Reach a Valuation of ~ US$ 333 Bn by 2027; Transparency Market Research
In terms of revenue, the global pulp market is estimated to expand at a CAGR of ~ 4% during the forecast period, owing to numerous factors, about which, Study offers thorough insights and forecast in this report. Pulp Market: An…
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Thursday, 15 August 2019 11:47
Lucart presents its 2018 Sustainability Report with a focus on Circular Economy, new investments, dialogue with the stakeholders, and partnerships for sustainable development
Lucart’s 14th Sustainability Report, drawn up in accordance with the international guidelines of the Global Reporting Initiative (GRI Standard), highlights, among other things, an increase in turnover (+12%) and key investments such as the acquisition of three production plants in…
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Monday, 08 July 2019 11:23
Verso Corporation Adopts Limited Duration Stockholder Rights Plan
Verso Corporation has just announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"), following the Board's evaluation and consultation with the Company's advisors, and has declared a dividend distribution…
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Monday, 08 July 2019 09:32
Verso Corporation Explores Strategic Alternatives And Approves Adoption Of Stockholder Rights Plan
Verso Corporation has just announced that its Board of Directors had in late March of 2019, reengaged Houlihan Lokey Capital, Inc. as the company's financial advisor to assist Verso in identifying and evaluating a range of potential strategic alternatives, including…
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Wednesday, 26 June 2019 10:41
Publishing of Valmet's Half Year Financial Review January - June 2019 on July 23, 2019
Valmet's Half Year Financial Review for January 1 - June 30, 2019 will be published on Tuesday, July 23, 2019 at approximately 3:00 p.m Finnish time (EET). The stock exchange release and presentation material in Finnish and in English will…
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Monday, 20 May 2019 16:23
Resolute Completes Five-Year Extension of ABL Credit Facility
Resolute Forest Products Inc. have just announced a 5-year extension of its senior secured asset-based revolving credit facility ("ABL credit facility") with an aggregate lender commitment of up to $500 million at any time outstanding, subject to borrowing base availability…
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