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Global Financial News
Wood fiber costs for pulp manufacturers declined in the 4Q/11 as pulp prices fell – with Global Wood Fiber Price Indices dropping 3.5%, reports the Wood Resource Quarterly Global demand for pulp has declined and pulp prices fell during the…
Stora Enso’s Annual Report 2011 is published today as PDF documents. Stora Enso’s Annual Report is comprised of four separate publications: Stora Enso Rethink 2011, Financial Report 2011, Corporate Governance Report 2011 and Global Responsibility Report 2011. Stora Enso Rethink…
Outokumpu has today published its online Annual Report 2011 including the Corporate Sustainability report in English. The report is available on our website at www.outokumpu.com/annualreport2011. Outokumpu's online Annual Report 2011 comprises the Business review, including a fully integrated Corporate…
Clariant, a world leader in specialty chemicals, today announced full-year 2011 sales of CHF 7.370 billion, compared to CHF 7.120 billion in 2010. Sales grew 16% in local currencies and 4% in Swiss francs. The lower growth in Swiss francs…
NewPage Corporation ("NewPage") has announced that it is seeking to amend its Amended and Restated Superpriority Debtor-In-Possession Credit and Guaranty Agreement dated as of September 23, 2011 (the "DIP Credit Agreement"; capitalized terms referenced below are defined in the DIP Credit…
“Stora Enso’s 2011 turned out to be another year of change. Whereas the full year shows year-on-year operational EBIT improvement, the latter part and especially the fourth quarter showed that rethinking within the Group has to continue. “The uncertainty and…
Kemira's President and CEO Harri Kerminen: "The fourth quarter marks the end of the fourth year implementing the water chemistry strategy for Kemira. Kemira's growth in water business continued throughout the year, especially in the Oil & Mining segment. The…
Rottneros Mill is increasing its sales price for all CTMP grades by 30 Euro/tonne for all deliveries as of 1 March 2012. The increased sales price for CTMP is a result of good demand, particularly in Asia, and this has…
CLARIANT 2011 FULL YEAR RESULTS PRESS CONFERENCE - Wednesday 15 FEBRUARY 2012 - 09.00 CET Clariant will be presenting its 2011 Full Year Results on 15 February, 2012 Location:SIX Swiss ExchangeConventionPointSelnaustrasse 30CH-8021 Zürichwww.conventionpoint.ch Please register with Jennifer Burri () - by latest…
OMNOVA Solutions Inc. has announced a net loss of $10.4 million, or a diluted loss per share of $0.23, for the fourth quarter ended November 30, 2011. Included in the fourth quarter net loss was a loss from discontinued operations…
CEO’s statement 2011 was a year of two quite different halves. Demand for sulphate pulp was good during the first six months of the year, which resulted in prices increasing to a new record level of USD 1,025 per tonne…
"This price reduction is a reaction to the prevailing demand, and there is plenty of raw material available at all Södra pulp mills," said Håkan Svensson Director of Forestry at Södra.The 16th of January Södra reduced the price of its…
Verso Paper Corp. (NYSE: VRS) has announced preliminary results for the fourth quarter and the year ended December 31, 2011. Verso estimates the following results: For the three-month period ended December 31, 2011, we expect Adjusted EBITDA to be within…
Clariant successfully priced an Eurobond transaction of EUR 500 million with a tenor of 5 years, issued by Clariant Finance (Luxembourg) S.A. and guaranteed by Clariant Ltd. The fixed rate notes with a minimum denomination of EUR 100,000 and a…
Ashland Inc. has announced that on Tuesday, Jan. 24, 2012, at 9 a.m. EST, it will conduct a live webcast of its first-quarter earnings presentation to the investment community. The presentation will cover results for the quarter ended Dec. 31,…
During the 1–31 December 2011 conversion period there was one conversion and a total of 1 000 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 16 January 2012, and trading in…
KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone") announced that the Internal Revenue Service ("IRS") has notified the company that the Joint Committee on Taxation approved KapStone's 2007-2009 examination reports as filed. As a result of the finalization of the…
Buckeye Technologies Inc. has scheduled a conference call for Wednesday, January 25, 2012 at 10:00 a.m. Central (11:00 Eastern) to discuss second quarter 2012 results. All interested parties are invited to listen to the call live or tape delayed via the website www.streetevents.com or via the…
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Apollo and Avenue aim to roll-up paper sector with NewPage
Apollo Management, Avenue Capital and Franklin Templeton are consolidating more than 50% of NewPage’s USD 1bn worth of second lien bonds, four persons familiar with the matter told Debtwire. The...
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Is Bankruptcy Inevitable for NewPage
Despite growing market share and rising prices for its products, NewPage is having to fend off a leading analyst’s assessment that it is destined for bankruptcy court. “Bankruptcy/restructuring is inevitable for...
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Sofidel to take over LPC, creating Europe's No 2
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VISILAB - New generation of portable moisture analyzers - AK30
NEW VERSION - New Generation of online Moisture Meters - AK40 Visilab has supplied products to the pulp and paper industry since 1985. The devices are portable moisture meters and on-line...
Be the first to comment! 19 Mar 2010 Hits:2702
ABB's New Infrared Moisture Sensor
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