Tuesday, 21 December 2010 09:22

UPM to acquire Myllykoski & Rhein Papier

UPM-Kymmene Corporation has entered into an agreement to acquire Myllykoski Corporation and Rhein Papier GmbH ("Myllykoski"). The approximate enterprise value of the businesses acquired is EUR 900 million. Myllykoski Corporation and Rhein Papier GmbH consist of seven publication paper mills…
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Tuesday, 21 December 2010 09:16

Ahlstrom announces price increases for its filtration materials worldwide

Ahlstrom, a global leader in nonwovens and specialty, announces price increases in the first quarter of 2011 for its filtration materials globally as a consequence of the continued rise in raw material costs such as chemicals and energy. Even though…
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Friday, 17 December 2010 13:52

Mondi invites visitors to see, feel and smell their paper at Paperworld 2011, January 29th – February 1st in Frankfurt

DNS® and Nautilus® ReFresh TRIOTEC — new products from Mondi’s digital printing and environmental paper portfolios — will be showcased along with Mondi’s entire uncoated fine paper portfolio. Mondi, a global leader in the manufacturing of paper and packaging, has…
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Friday, 17 December 2010 12:50

Rottneros is completing its investment programme at Vallvik Mill

The Board of Rottneros AB has decided to invest in closing the water loops in the bleaching plant at Vallvik Mill at a cost of SEK 90m. This investment comprises the final part of the programme of measures previously communicated…
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Friday, 17 December 2010 11:46

The wood chip cost discrepancy between pulp mills in Western and Eastern Canada was the lowest it has been in 10 years

The wood chip cost discrepancy between pulp mills in Western and Eastern Canada was the lowest it has been in 10 years in the 4Q/10, reports the North American Wood Fiber Review Over the past 20 years, pulp mills in Eastern Canada have consistently had higher…
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Published in Financial News
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Thursday, 16 December 2010 09:30

Ahlstrom sells Groesbeck filtration business unit

Ahlstrom Corporation, a global leader in nonwovens and specialty papers, announces the sale of its Groesbeck filtration business located in Groesbeck and Mexia Texas, USA, to Polyester Fibers, a portfolio company of private investment firm Empire Investment Holdings. The value…
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Published in North American News
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Thursday, 16 December 2010 09:14

Colorlok technology now incorporated into all Domtar branded business papers

Domtar Corporation has announced that it has extended the use of HP's patented ColorLok® Technology to all of its Domtar branded business papers to provide a higher quality printing experience compared to papers that do not have ColorLok Technology. This…
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Published in Featured Products
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Wednesday, 15 December 2010 13:00

Howe Sound picks Metso for boiler conversion

Metso and Howe Sound Pulp & Paper have announced an agreement to retrofit the existing Babcock and Wilcox biomass power boiler at Howe Sound's integrated pulp and paper mill in Port Mellon, B.C. Metso will convert the existing hydrograte stoker…
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Wednesday, 15 December 2010 12:30

Appointments in Metso Executive Team

Metso’s Board of Directors has decided on changes to Metso Executive Team. The appointments will become effective on March 1, 2011 when Matti Kähkönen starts as Metso’s President and CEO. Andrew Benko (b. 1949) has been appointed President, Mining and…
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Published in European News
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Wednesday, 15 December 2010 12:00

Kruger Products completes installation of new heat recovery technology in it's Gatineau Mill

Kruger Products, Canada’s leading manufacturer of quality tissue products, today announced that an innovative heat recovery technology is now operational in its Gatineau mill, which manufactures a wide range of tissue products for consumer and industrial use. This technology will…
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Published in Canadian News
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Wednesday, 15 December 2010 11:04

Stora Enso refinances its revolving credit facility

Stora Enso has signed a new EUR 700 million committed credit facility agreement with a syndicate of 16 banks, refinancing the existing EUR 1 400 million facility. The new facility matures in January 2014, and will be used as a…
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Wednesday, 15 December 2010 10:01

Destroyed Southern Plug Plant to Permanently Close

Southern Plug and Manufacturing, Inc., a unit of Sonoco Products Company, today announced that it will permanently close its Bastrop molded plug manufacturing plant. The plant, located at 6566 Mer Rouge Road, has been shut down since it was destroyed…
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Published in North American News
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Tuesday, 14 December 2010 12:40

Revision of PEFC Requirements for Tropical Natural Forests; Inivitation to Nominate

PEFC International, the world's largest forest certification scheme, is calling on all stakeholders to nominate candidates for a working group dedicated to the revision of PEFC requirements for the sustainable management of tropical natural forests. Over the past two years,…
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Monday, 13 December 2010 12:00

Stora Enso's Global Responsibility web pages win prestigious European Excellence Award

Stora Enso's www.storaenso.com/globalresponsibility web pages have won the European Excellence Award 2010 in the category of websites. The European Excellence Award competition focuses on outstanding achievements in different fields of communications. This year's Awards attracted an unprecedented number of over…
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Monday, 13 December 2010 11:30

Kemira and VTT to open a joint research and development center in Brazil

VTT Technical Research Centre of Finland and Kemira Oyj are opening a new joint R&D center in São Paulo, Brazil. The research and development center will focus primarily on water chemistry and biomass utilisation applications. The center will start operations…
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Published in South American News
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