Pulp-Paperworld.com / American News
Thursday, 30 September 2010 14:00

Export revenues back to near pre-crisis levels

As economic activity picked up and world consumption rebounded, the pulp and paper industry ended the first five months of the year posting 45.7% growth of export revenues, according to the Brazilian Pulp and Paper Association (Bracelpa). Traditional markets such…
Thursday, 30 September 2010 07:58

Québec Forest Industry Council Appoints New CEO

Mr. Claude Perron, chairman of the Board of Directors of the Québec Forest Industry Council (CIFQ), announced the appointment of Mr. André Tremblay, attorney, to the position of Chief Executive Officer beginning on January 1, 2011. The announcement was made…
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…
Canada-based corporate insurance buyers have ranked commercial property insurer FM Global as number one for “overall carrier quality” and “overall client satisfaction,” according to the latest independent research conducted by Greenwich Associates, a leading international research firm in institutional financial…
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…
AbitibiBowater is pleased to announce that the Quebec Superior Court today rendered an order sanctioning the Company's plan of reorganization under the Canadian Companies' Creditors Arrangement Act (CCAA). As previously announced, on September 14 and 21, 2010, respectively, the Company…
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…
AbitibiBowater's chief executive has defended the company's decision to reward 50 executives with a combined $6 million in bonuses for their work on restructuring the newspaper giant, the Canadian Press reports. Union leaders at the insolvent Montreal-based paper maker have…
AbitibiBowater is pleased to announce that the Company has received approval for its plan of reorganization from unsecured creditors under the Companies' Creditors Arrangement Act (CCAA) in Canada. The plan of reorganization received overwhelming support from its unsecured creditors both…
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…