www.pulp-paperworld.com - Financial News
Wednesday, 24 February 2010 14:00
Ashland to increase global prices of Natrosol®
Ashland Aqualon Functional Ingredients, a commercial unit of Ashland Inc. (NYSE: ASH), is increasing the price of its Natrosol® hydroxyethylcellulose products by 8 percent effective March 1, or as contracts allow. The price increase is necessary to offset the recent…
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Wednesday, 24 February 2010 12:00
A CEO's Perspectives
CEO Perspectives in the Forest, paper & packaging industry worldwide - 2010 Edition PricewaterhouseCoopers recently conducted its third series of in-depth interviews with CEOs in the Forest, Paper and Packaging (FPP) industry. We interviewed 33 executives from leading companies around…
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Wednesday, 24 February 2010 07:49
Ashland to increase composite materials prices
Ashland Performance Materials, a commercial unit of Ashland Inc. (NYSE: ASH), is increasing the price of its complete portfolio of unsaturated polyester resins, vinyl ester resins, gelcoats, pigments and additives sold in North America by 5 cents per pound effective…
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Tuesday, 23 February 2010 12:00
CPI’s profits take a hit in tough market
CPI's net profit dropped 4.2 per cent to $2.04m for the first half of 2009-10 while earnings before interest and tax (EBIT) fell 27.6 per cent to $4.2m. The Australian paper giant says trading conditions remain difficult with volumes still…
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Tuesday, 23 February 2010 08:16
Stora Enso Oyj - Investor News
Stora Enso to centralise the use of recovered fibre-based packaging in Finland at Pori Closure of recycling plant at Varkaus and core plant at Pori planned - temporary newsprint layoff plan at Varkaus Stora Enso is planning to centralise the…
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Friday, 19 February 2010 10:45
S&P's long-term credit rating on Norske Skog to B from B+
Standard & Poor's Rating Services has revised its long-term credit rating on Norske Skog to B, from earlier B+. The Negative Outlook is maintained. Norske Skog does not have interest or covenants linked to the rating level on the existing…
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Friday, 19 February 2010 09:00
Kruger Corner Brook: Unions accept wage deferral
All eight of the unions at Corner Brook Pulp and Paper have voted to agree to a wage deferral request from Kruger Inc., The Western Star reports. The seven unions represented by the Communications, Energy and Paperworkers (CEP) Union of…
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Tuesday, 16 February 2010 14:00
Paper suppliers to fork out $4m for price fixing
The Federal Court has ordered APRIL Fine Paper Trading, a Singapore-based based pulp and paper company, and its local subsidiary, to pay $4m in penalties for price fixing in the Australian market. After the two companies agreed to admit certain…
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Tuesday, 16 February 2010 08:00
Rottneros Changes to the composition
The Annual General Meeting of Rottneros for 2009 resolved that the Nomination Committee, prior to the Annual General Meeting for 2010, should constitute the Chair of the Board, who shall not chair the Committee, together with two additional members, of…
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Wednesday, 10 February 2010 13:45
Stora Enso signs EUR 65 million loan agreement
Stora Enso has signed an agreement with the European Investment Bank (EIB) for a EUR 65 million loan to be used for the Ostroleka power plant construction project in Poland. The loan agreement is part of the commitment by EIB…
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Tuesday, 09 February 2010 15:30
Proposals of the Board of Directors to the Annual General Meeting 2010
Kemira's Board of Directors will submit the following proposals to the Annual General Meeting: *Resolution on the use of the profit shown on the balance sheet and on dividends*Remuneration and composition of the Board of Directors*Remuneration and election of the…
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Friday, 05 February 2010 15:45
Growing interest for Swedish wood in China
Between 2000 and 2005, Chinese timber imports tripled from 10 million to 30 million cubic metres. The import of sawn solid wood products also experienced a similar trend. During the second quarter of 2009, China was the world's second-biggest importer…
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Tuesday, 02 February 2010 15:05
Rottneros: Year-end report January–December 2009
Rottneros have released thier Year-end results for 2009 • Income after net financial items amounted to SEK 0 (-169) million for the fourth quarter of 2009 • Income after net financial items amounted to SEK -69 (-385) million for the…
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Monday, 01 February 2010 09:00
Invitation: Kemira Oyj's October-December results
Kemira Group will publish its fourth quarter results on Tuesday, February 9 around 8.30 am Finnish time (6.30 am UK time). Kemira will arrange a press conference for analysts and the media starting at 10.30am at Kemira House, Porkkalankatu 3,…
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