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Friday, 14 October 2011 13:00
Global Timber and Wood Products Market Update
The Global Sawlog Price Index reached a 16-year high in the 2Q/11; the biggest price increases occurred in Europe, Canada, Russia and New Zealand, reports the Wood Resource Quarterly Increased consumption of softwood lumber throughout the world has moved sawlog…
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Thursday, 13 October 2011 14:00
Avilon's corporate restructuring application accepted
Avilon Ltd, part of Neo Industrial's Viscose Fibers business, has today been accepted by its local district court for a corporate restructuring program. Avilon submitted the application on 7 September, 2011 due to its critical liquidity situation. Exceptionally volatile raw…
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Tuesday, 04 October 2011 13:00
Sonoco to Host Third Quarter 2011 Investor Conference Call
Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will host its regular quarterly investor conference call on Thursday, October 20, 2011, at 11 a.m. Eastern time, to review its financial results for the third quarter. Participants from…
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Monday, 03 October 2011 11:00
Clearwater Paper Announces Third Quarter 2011 Conference Call and Audio Webcast
Clearwater Paper Corporation has announced that it will host its third quarter 2011 financial results conference call on Thursday, October 27, 2011, at 8 a.m. Pacific Time (11 a.m. Eastern Time). The company will issue its financial results before the…
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Monday, 03 October 2011 10:00
AkzoNobel secures €1.8 billion syndicated revolving credit facility
Akzo Nobel NV (AkzoNobel) signed a new, €1.8 billion five year multi-currency syndicated revolving credit facility to refinance its existing €1.5 billion facility. The transaction – which has two, one-year extension options – was very well supported by the company's…
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Friday, 30 September 2011 12:00
Subscription commitments in Suominen’s planned share issue have increased to EUR 86.2 million
Financing of Suominen Corporation’s (Suominen) acquisition of Ahlstrom Corporation’s Home and Personal business area requires a share issue. Relating to the share issue, the Board of Directors of Suominen has, in addition to the prior commitments totaling EUR 80,265,000, received…
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Thursday, 29 September 2011 23:00
Ahlstrom's financial information in 2012
Ahlstrom Corporation will publish its financial information in 2012 as follows: Report Publication date Financial statements bulletin 2011 Wednesday, February 1 Interim report January - March Friday, April 27 Interim report January - June Thursday, August 9 Interim report January…
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Thursday, 29 September 2011 20:53
International Paper To Release Third Quarter 2011 Earnings on Thursday, October 27
International Paper (NYSE:IP - News) will release third quarter 2011 earnings on Thursday, October 27, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions at 9 a.m.…
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Friday, 16 September 2011 13:00
Ahlstrom to start repurchases of own shares
Ahlstrom Corporation, a global high performance materials company, announces that its Board of Directors has today decided to utilize the authorization given by the Annual General Meeting held on March 30, 2011 to repurchase Ahlstrom shares for the implementation of…
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Friday, 16 September 2011 07:43
Kemira Capital Markets Day 2011
At the Capital Markets Day in Helsinki, Harri Kerminen, President and CEO gave a presentation about Kemira's strategy. Kemira improves its customers water related processes through chemistry applications, and has strong market positions in targeted customer industries. Kemira's strategy is…
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Friday, 09 September 2011 13:00
Nalco Named to Dow Jones Sustainability World Index for Fourth Straight Year
Nalco (NYSE: NLC), providing essential expertise for water, energy and air, has again been named among the top sustainability companies in world. The Company was named to the Dow Jones Sustainability Index (DJSI) World Index for a fourth consecutive year…
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Friday, 09 September 2011 11:00
Avilon Seeks Corporate Restructuring
Avilon Ltd, part of Neo Industrial's Viscose Fibers business has today submitted an application in its local district court for a corporate restructuring. Behind the arrangement is Avilon's currently critical liquidity situation. The restructuring's objective is to secure the company's…
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Thursday, 08 September 2011 13:19
Stora Enso the only European forestry and paper company listed in the Dow Jones Sustainability Indexes
Stora Enso has been listed in the Dow Jones Sustainability Index (DJSI) for the 11th year running. The Group is the only European company from the forestry and paper sector listed in the DJSI for 2011−2012. Stora Enso received top…
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Wednesday, 07 September 2011 12:11
NewPage Corporation Launches Process to Restructure Debt
Corporate Parent and Certain U.S. Subsidiaries Commence Voluntary Cases Under Chapter 11 of the United States Bankruptcy Code, Securing Commitment for Up to $600 million in DIP Financing To Continue Normal Business Operations NewPage Port Hawkesbury Corp. Commences Proceedings Under…
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Friday, 19 August 2011 10:31
The Global Forest Industry This Quarter
Global timber markets The Global Conifer Sawlog Price Index (GSPI) reached a new all-time high of US$92.27/m3 in the 2Q/11 (see graph). This was 5.6 percent more than the previous quarter, and an almost 20% jump from a year ago.…
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