International Paper has announced it is making a $650 million voluntary contribution to its U.S. pension fund. In July of 2010, International Paper made a voluntary contribution of $500 million to the fund, which brings the year-to-date contribution total to…
Wood fiber costs for the global pulp industry fell in the 2Q/10 after having increased for 18 months, reports the Wood Resource Quarterly  The global pulp industry benefited from lower wood fiber costs and higher product prices in the 2Q/10. Wood chip and pulpwood prices fell…
UPM has been selected as an index component for the Dow Jones Sustainability Index for 2010-2011. The DJSI follow a best-in-class approach and include sustainability leaders from each industry on a global and regional level respectively. UPM was chosen both…
Wood fiber prices for the global pulp industry rose 11%, reaching pre-financial crisis levels in the 1Q/2010, reports the Wood Resource Quarterly The strong pulp market has pushed wood fiber costs upward in most regions around the world the past…
The Group has been included in the Index ten times Stora Enso has received the highest score among the forestry and paper companies listed in the European Dow Jones STOXX Sustainability Index. This is the 10th year running that Stora…
M-real is to increase the prices for its one side coated label and flexible packaging papers produced at its Simpele mill in Finland and M-real Zanders Gohrsmühle mill in Germany. The price increase will range from 5 to 6 per…
Wood fiber costs for the global pulp industry fell in the 2Q/10 after having increased for 18 months, reports the Wood Resource Quarterly  The global pulp industry benefited from lower wood fiber costs and higher product prices in the 2Q/10. Wood chip and pulpwood prices fell…
Revenue increased in the first six months of 2010, primarily due to developments in exchange rates. The '10 in 10' initiatives had the anticipated effect, volumes grew, and the product and price mix improved. The period was adversely affected by…
Stora Enso has today successfully issued two five-year bonds total of SEK 2 300 million under its EMTN (Euro Medium Term Note) programme. Both bonds are due on 1 September 2015. A SEK 1 000 million bond pays a floating…
Thursday, 19 August 2010 12:46

EBIT margin forecast for 2010 downgraded

The ongoing preparation of Hartmann's interim report for H1 2010 has given rise to a downgrade of the company's EBIT margin forecast for 2010 to approximately 7% against the previous forecast of approximately 10% (actual 2009: 5.7%). The downgrade is…
The Mayr-Melnhof Group succeeded in benefiting from the temporary recovery that the economy demonstrated in the first half-year 2010. Capacities in both cartonboard production and folding carton manufacturing were utilized almost to the full. The distinct growth in volume was,…
Wednesday, 11 August 2010 15:00

ANDRITZ: results for the first half of 2010

International technology Group ANDRITZ showed a favorable business development in the first half of 2010. Especially in the second quarter, sales, earnings, and profitability rose substantially compared to the previous year’s reference figures; order intake in the second quarter of…
Wednesday, 11 August 2010 13:00

Heidelberg Publishes First-Quarter Figures

Heidelberger Druckmaschinen AG (Heidelberg) is publishing its results for the first quarter of financial year 2010/11 (April 1 to June 30, 2010). The overall improvement in the underlying economic conditions has had a positive impact on business. Heidelberg customers showed…
Ahlstrom Corporation will publish its interim report for January-June 2010 on Wednesday, August 11, 2010 approximately at 12 a.m. Finnish time (CET +1). Ahlstrom's President & CEO Jan Lång and CFO Seppo Parvi will present the 2010 second- quarter results…
A telephone conference with a brief presentation of the quarterly results as well as an opportunity to pose questions from the financial market will take place on 5 August at 13.00 CET. The telephone conference will take place in English.Connection…