www.pulp-paperworld.com - Financial News
Friday, 04 September 2020 08:02
Södra to raise price of NBSK by USD 40 to USD 880/tonne
Södra Cell is increasing the price of its northern bleached softwood kraft (NBSK) pulp in Europe by $40/tonne to $880, effective 1 October. “We do recognize the challenges presented in the wake of Covid-19. Nevertheless, demand for our NBSK in Europe…
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Wednesday, 26 August 2020 09:33
Hardwood Chip Trade in the Pacific Rim in the 2Q/2020
Demand for imported hardwood chips in China and Japan plummeted in the 2Q/20 as a result of reduced consumption of pulp and paper in the two countries The world’s two largest purchasers of wood chips China and Japan drastically reduced…
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Wednesday, 26 August 2020 08:11
Stora Enso’s remuneration policy ranked the best in Finland
Stora Enso’s remuneration policy, published in January 2020, has been ranked the best for Large Cap companies in Finland. The members of the ranking committee include representatives from the pension insurance company Varma, the Directors’ Institute of Finland, and Nasdaq.…
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Wednesday, 22 July 2020 08:12
Valmet’s comment on Alfa Laval’s tender offer for Neles’ shareholders
Valmet has become aware of Alfa Laval’s announcement on public cash tender offer for all shares in Neles. Valmet completed 14.88 percent share acquisition of Neles’ shares from Solidium Oy on July 1, 2020. “Neles is a good quality company…
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Tuesday, 21 July 2020 08:00
New harvesting plan confirmed Increased harvesting level and higher cash flow
SCA has confirmed a new harvesting plan which shows that the harvesting level in the own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level. The increased…
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Friday, 17 July 2020 08:21
Södra posts a stable result but the outlook remains unclear
Södra’s operating profit during Q2 was stable given current market conditions. Deliveries were higher year-on-year, but prices for Södra’s core products were considerably weaker than in 2019. For the first half of 2020, operating profit totalled SEK 449 million (2,009), return on capital employed was 4 per cent…
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Thursday, 23 April 2020 18:47
Essity interim Report First Quarter 2020
The Group’s net sales increased 10.0% in the first quarter of 2020 compared with the corresponding period a year ago. Organic net sales increased 7.8%, of which volume accounted for 5.9% and price/mix for 1.9%. In mature markets, organic net…
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Thursday, 23 April 2020 18:33
Södra result in line with expectations but the future is difficult to predict
Despite dramatically changed conditions in the wake of the COVID-19 pandemic, production rates at Södra’s facilities remained high and stable in the first quarter. Sales amounted to SEK 5,576 million (6,318). Operating profit for the quarter totalled SEK 227 million…
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Tuesday, 17 March 2020 08:10
The Annual General Meeting of Metso Corporation postponed due to coronavirus outbreak
Due to the current coronavirus outbreak, the Finnish government has announced its intention to issue a presidential decree to commission the Emergency Powers Act (Valmiuslaki 1552/2011, as amended) on Tuesday, March 17, 2020, adopting multiple restrictive measures, including the prohibition…
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Friday, 13 March 2020 12:07
Stora Enso to make Annual General Meeting available via webcast
Stora Enso is offering a possibility to follow its Annual General Meeting (AGM) via webcast as a precautionary measure to decrease any risk of infection of the new COVID-19 coronavirus. The company strongly encourages any shareholders who have recently visited…
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Friday, 13 March 2020 07:13
Important information for the 113th Annual General Meeting of ANDRITZ AG - Precautions due to coronavirus
The Austrian government has adopted further measures to stop the coronavirus from spreading. These measures also affect the Annual General Meeting of ANDRITZ AG on March 25, 2020. From today’s perspective, it will not be possible, according to the new…
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Thursday, 12 March 2020 07:23
Lenzing solid in a historically difficult market environment
Lenzing – Despite a generally difficult demand environment for textile fibers and a drastic drop in prices for standard viscose, the Lenzing Group recorded a solid business development in 2019. The disciplined implementation of the sCore TEN corporate strategy and…
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Friday, 06 March 2020 14:06
Resolute Announces Share Repurchase Program
Resolute Forest Products Inc. has just announced that its board of directors authorized the repurchase of up to 15% of the company's common stock for aggregate consideration of up to $100 million. Repurchase transactions will be funded using the company's…
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Saturday, 22 February 2020 20:49
New Forests to Purchase Tasmanian Plantations from Norske Skog
Australia-based international forestry investor New Forests has agreed to purchase the Tasmanian plantations of a local subsidiary of Norwegian pulp and paper company Norske Skog. The purchase includes a net plantation area of more than 18,000 hectares of radiata pine…
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Wednesday, 18 December 2019 08:34
Forisk Acquires the North American Wood Fiber Review, the Leading Price Reporting Service for Pulpwood and Biomass in North America, from Wood Resources International
Forisk Consulting, a leader in North American forest industry and timber market research, has acquired the North American Wood Fiber Review from Wood Resources International of Bothell, Washington. The Review, which tracks wood fiber markets in all major regions of…
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