Pulp-Paperworld.com / N.American News
Appleton Coated LLC, NewPage Corporation, and Sappi Fine Paper North America – together with the United Steelworkers (USW) -- welcomed the U.S. International Trade Commission's (ITC) finding today that imports of coated paper from China and Indonesia are causing material…
Clearwater Paper Corporation has announced the pricing of $375 million principal amount of senior notes due 2018 (the "Notes"). The Notes will have an interest rate of 7 1/8% per annum and are being issued at a price equal to…
Clearwater Paper Corporation has announced a proposed offering of $350 million aggregate principal amount of senior notes due 2018. The net proceeds of the offering will be used to finance in part the Company's acquisition of Cellu Tissue Holdings, Inc.,…
NewPage Corporation announced today that it will release its third quarter 2010 financial results on Thursday, November 4, 2010, before the market opens. The news release will be available on the NewPage Web site at www.NewPageCorp.com. The company will broadcast…
The cost of "green" energy subsidies involving the pulp and paper industry shot well past $30 billion today -- with not a cent of it doing anything to help the environment. President Obama today signed the Small Business Jobs Act…
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…