Pulp-Paperworld.com / N.American News
International Paper has announced that it has closed the sale of 163,000 acres under contract with Figure 8 Partners, LP, an affiliate of Rock Creek Capital (the "Partnership"). The total consideration of $199 million includes $160 million in cash and…
Verso Paper Corp. was presented the Sustainable Forestry Initiative(R) (SFI) President's Award for its partnership efforts to promote sustainable forest management principles and initiatives in Maine. "Verso is proud to be recognized by SFI for our efforts to increase the…
Gardner Denver, Inc. has announced the appointment of Michael M. Larsen as Vice President and Chief Financial Officer, effective October 11, 2010. Mr. Larsen succeeds Helen W. Cornell, who has served in this capacity since 2004 and previously advised the…
Nine senators, 10 House members, and one governor are slated to appear at today's U.S. International Trade Commission hearing on the anti-dumping case against Asian paper companies. The agenda doesn't state whether the politicians will be speaking or which side…
Clearwater Paper Corporation has announced it has agreed to acquire Cellu Tissue Holdings, Inc., an Alpharetta, GA-based integrated manufacturer of tissue products, for approximately $502 million, including equity value of approximately $247 million and net debt of approximately $255 million.…
Company is One of Only Two U.S. Packaging Companies Listed on DJSI World in 2010/2011 Sonoco announced that for the second year in a row it has been selected to join the Dow Jones Sustainability World Index (DJSI World). DJSI…
NewPage Corporation has announced the upload of a new "On Paper" sustainability series podcast featuring Anders Hildeman of IKEA. As global forestry manager for IKEA, Hildeman discusses the importance of responsible forestry management and the role IKEA plays through numerous…
The United Steelworkers, which vociferously supported black liquor tax credits for U.S. pulp mills, suddenly seems to have decided that renewable-energy subsidies are not such a good idea. In a case of One Person's (or Country's) Jobs and Energy Program…
Tuesday, 14 September 2010 08:31

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 the company, as it will never generate enough cash…
Wednesday, 08 September 2010 14:00

Verso Paper Corp. Launches Facebook Page

Verso Paper Corp. has announced the launch of its corporate Facebook page with an initial focus on increasing the reach of the company's college recruiting initiatives. The Verso Paper Corp. Facebook page will provide potential college recruits with the company's…
Michelman has introduced Michem® Flex P1883, a water-based extrusion primer that provides strong adhesion to aluminum foil and paper, bonds well to extrusion coated resins, and protects foil from corrosion. It provides excellent chemical resistance to water, many acids and…
Earlier this summer, world-wide pulp prices reached an all time high with NBSK prices up 30% over 2009. Northwest chip and fiber prices were flat, however, as supplies were adequate to meet production needs. This was one of the few…
NewPage Corporation, North America's leading supplier of publishing papers, announced the "Paper Sells More Product" campaign which will award one active catalog, magazine or retail company with $100,000 in print services to support the winner's efforts to sell more products.…
NewPage Corporation (NewPage) has just announced the election of Chan W. Galbato to the Board of Directors of NewPage and its affiliates as chairman of the Board, effective August 25, 2010. Mr. Galbato takes over the chairman role from Robert…
Buckeye Technologies Inc. (NYSE:BKI) today announced that it had been named in the top 20% of publicly held companies headquartered in the Southeast on their Corporate Sustainability policies and practices. The first annual Southeastern Corporate Sustainability Rankings, announced in May…