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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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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