www.pulp-paperworld.com - Financial News
Monday, 19 October 2015 10:25
Sappi Europe to increase prices for its European coated and uncoated Graphic papers
Continuously rising input costs and consequently squeezed profit margins make corrective pricing measures essential as Sappi Europe’s business is unsustainable at current price levels. We are therefore announcing a price increase of 5-8% for all European coated and uncoated Graphic…
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Thursday, 24 September 2015 09:25
FOEX WRI Wood Chip Prices Indices for Overseas Trade in July 2015
In July 2015, prices for overseas traded hardwood chip were 14% below their peak four years ago, according to the latest FOEX Chip Price Indexes Prices for hardwood chips traded overseas have been in steady decline since November 2011. In…
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Thursday, 24 September 2015 09:18
Ahlstrom has sold Munksjö shares worth EUR 10 million
Ahlstrom, a global high performance fiber-based materials company, has sold 1,300,981 shares in Munksjö Oyj for approximately EUR 10 million. Ahlstrom will book a capital gain of approximately EUR 3.2 million from the transaction in its third-quarter 2015 results. According…
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Wednesday, 23 September 2015 09:20
Historically strong earnings for Södra
Södra reported a strong earnings trend for the first eight months of the year. Operating profit rose to SEK 1,660 million (1,012), sales increased to SEK 12,186 million (11,429) and the operating margin was 14 percent (9). “Södra is performing…
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Tuesday, 22 September 2015 09:01
Kemira Capital Markets Day 2015: Financial targets for 2017 unchanged, updated strategic objectives for segments
Kemira held its 2015 Capital Markets Day (CMD) in its R&D center in Espoo, Finland. The company presents its current strategy and related financial targets. The company's updated vision "The first choice in chemistry for water-intensive industries" communicates customer and…
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Wednesday, 09 September 2015 08:30
Verso Names Allen Campbell as Chief Financial Officer
Verso Corporation (NYSE: VRS) has just announced that Allen Campbell will become its Senior Vice President and Chief Financial Officer effective upon the commencement of his employment with Verso on September 21, 2015. Campbell has over 30 years of financial…
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Monday, 07 September 2015 06:50
The Global Timber and Forest Industry This Quarter - Wood Resource Quarterly
Excerpts from the Wood Resource Quarterly (www.woodprices.com) Global Timber Markets Sawlog prices fell again in the 2Q/15 in most of the 19 regions worldwide that are part of the Global Sawlog Price Index (GSPI). The Index is at its lowest…
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Tuesday, 01 September 2015 12:59
UPM reaches one hundred years of stock exchange listing
UPM’s journey at the stock market started one hundred years ago. UPM's predecessor companies Aktiebolaget Walkiakoski and Kymmene Ab were listed on the Helsinki Stock Exchange in August-September 1915. The listing is a significant example of Finnish industrialisation and economic…
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Monday, 31 August 2015 08:33
Stora Enso’s Annual Report best in Finland in an international ranking
Stora Enso's Annual Report 2014 has been ranked the best Annual Report in Finland and in the sixth place globally in the Report Watch ranking. The ranking included 1 600 companies from 60 countries. Stora Enso’s Annual Report was praised…
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Monday, 31 August 2015 08:30
Rottneros: INTERIM REPORT JANUARY – JUNE 2015
Income after net financial items amounted to SEK 75 (31) million for the second quarter of 2015 and SEK 177 (50) for the six-month period, our best six-month performance in the current structure. Net turnover for the second quarter totalled…
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Monday, 24 August 2015 09:11
Stora Enso successfully issues two bonds
Stora Enso has successfully issued two bonds under its EMTN (Euro Medium Term Note) programme. The EUR 125 million ten-year bond pays a floating coupon of Euribor + 2.25%. The second one, EUR 25 million twelve-year bond pays a floating…
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Thursday, 20 August 2015 09:59
Cham Paper Group reports a challenging first six months
As expected, the Cham Paper Group's paper division had a challenging first half in 2015. Investments in machinery upgrades to increase capacity in Carmignano at the start of the year and the relocation of the coating machine from Cham to…
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Monday, 17 August 2015 15:25
Sonoco Announces Price Increase for Paperboard Tubes and Cores
Sonoco (NYSE:SON) has announced that it will raise the price for all paperboard tubes and cores by 6 percent to 8 percent (6%-8%), effective with shipments in the United States and Canada beginning September 14, 2015. “The price increase is…
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Friday, 14 August 2015 07:41
Sonoco Announces Price Increase for All Uncoated Recycled Paperboard Products
Sonoco has announced that it will raise the price for all grades of uncoated recycled paperboard (URB) products by $45 per ton, effective with shipments in the United States and Canada beginning August 31, 2015. “The price increase is driven…
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Friday, 14 August 2015 07:39
KapStone Paper And Packaging Announces Cash Dividend
KapStone Paper and Packaging Corporation has announced that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on October 13, 2015 to shareholders of record as of September 30, 2015. Future declarations of quarterly…
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