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North American News
Following the costliest year in history for world natural disasters, including more than a dozen billion-dollar weather-related events in the United States alone, The Weather Channel will feature FM Global, one of the world’s largest business property insurers, in five…
Buckeye Technologies Inc. has announced that its Foley Plant in Perry, Florida, which manufactures specialty wood cellulose and fluff pulp, is returning to normal operation following a power failure and electrical surge that occurred last Friday, February 17. The power failure was…
Palmetto Distribution Center achieves gold-tier award status by going landfill free Sonoco Recycling, Inc., a wholly owned subsidiary of Sonoco and one of the largest packaging recyclers in North America, today announced that Fruit of the Loom’s Palmetto Distribution Center,…
Sonoco, one of the largest diversified global packaging companies, today announced three executive officer appointments, according to Sonoco Chairman and Chief Executive OfficerHarris E. DeLoach, Jr., and M. Jack Sanders, president and chief operating officer. John M. Colyer, Jr. has been promoted…
International Paper Company has announced that it has completed its acquisition of Temple-Inland Inc. through the merger of its wholly owned subsidiary Metal Acquisition Inc. with and into Temple-Inland. Temple-Inland is now a wholly owned subsidiary of International Paper. Under the terms of the transaction,…
Mercer International Inc. has announced that it has entered into a support agreement (the "Support Agreement") with Fibrek Inc. ("Fibrek") for Mercer to acquire all of the issued and outstanding common shares of Fibrek (the "Fibrek Shares") by way of…
International Paper Company and Temple-Inland Inc. have announced that they have reached an agreement with the Antitrust Division of the U.S. Department of Justice ("DOJ") with respect to International Paper's acquisition of Temple-Inland. As part of the agreement, the DOJ has entered into a…
Xerium Technologies, Inc., a leading global manufacturer of industrial textiles and rolls used primarily in the paper production process, today introduced Formsoft, an advanced tissue forming fabric technology specifically designed to help its tissue fabric customers improve operational performance at…
International Paper Company (NYSE: IP) and Temple-Inland Inc. (NYSE: TIN) has announced that they have agreed to extend the U.S. Department of Justice's ("DOJ") review period with respect to International Paper's acquisition of Temple-Inland until February 13, 2012 to provide the parties with time to enter into binding documentation to…
Mercer International Inc. has announced that Ken Shields has resigned as a director of the Company. Mr. Shields stated: "It has been a great pleasure to serve as a director and vice-chairman of Mercer but, due to demands from my…
International technology Group ANDRITZ, through its U.S. subsidiary ANDRITZ Inc., is collaborating with ZeaChem Inc. on the production of cellulosic biofuels and bio-based chemicals by providing the technology for a continuous biomass pre-treatment pilot plant. ZeaChem is a developer of…
NewPage announced today that James C. Tyrone has accepted the role of executive vice president, Commercial Operations and Business Development, effective February 1, 2012. Mr. Tyrone will report to George F. Martin, president and chief executive officer. Effective with Mr.…
Mercer International Inc. has announced a project ("Project Blue Mill") to increase production and efficiency through debottlenecking initiatives including the installation of an additional 40 MW steam turbine at its Stendal mill. The debottlenecking which, among other things, requires the…
Buckeye Technologies Inc. has announced that it has signed a definitive agreement to sell the assets and ongoing operations of its Merfin Systems converting business to National Tissue Company, LLC. Merfin Systems, located in King, North Carolina, is a converter…
US woody biomass prices have dropped the past three years; west coast prices are the lowest in the country, reports the North American Wood Fiber Review Relatively low fossil fuel prices have reduced the demand and prices of woody biomass…
Uncompetitive cost position necessitates closure Potential generation of a $20 million cash benefit Redeploy resources to higher return business opportunities Expect $2.4 million restructuring costs and non-cash impairment charge of $49 million Buckeye Technologies Inc. has announced the closure of its Americana, Brazil cotton linter pulp production…
Verso Paper Corp. has announced that the company has completed a $45 million renewable energy project at its pulp and paper mill in Quinnesec, Michigan. The project includes design upgrades to the mill's existing combination boiler (which burns biomass from…
Wausau Paper has announced the appointment of Matthew L. Urmanski to the position of Senior Vice President - Tissue and Michael R. Wildenberg to the position of Senior Vice President - Tissue Strategy effective March 1, 2012. Mr. Urmanski, 39, joined Wausau Paper in 2000 and has most…
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Most Read Articles
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...
Be the first to comment! 16 Mar 2010 Hits:3278
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...
Be the first to comment! 14 Sep 2010 Hits:2822
Sofidel to take over LPC, creating Europe's No 2
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Be the first to comment! 14 Jun 2010 Hits:2795
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
ABB, the pioneer in Quality Control Systems, introduces its new High-Performance Infrared (HPIR) moisture sensor for their QCS800xA Quality Control System (QCS). Intended as a replacement for the very popular...
Be the first to comment! 21 May 2010 Hits:2113