M-real Corporation announced 16.6.2010 that it has signed a Memorandum of Understanding (MoU) regarding a partial divestment of the Reflex mill to Metsä Tissue Corporation for approximately EUR 10 million. M-real and Metsä Tissue are both part of Metsäliitto Group.…
Stora Enso has signed an agreement to acquire 51% of the Chinese packaging company Inpac International. Inpac is a packaging company with production operations in China and India, and service operations in Korea. Inpac specialises in manufacturing consumer packaging, especially…
From contributing to a more environmentally-friendly energy economy, to saving company’s money by using in-house energy, to generating revenues by selling off excess energy, co-generation has undoubted benefits for pulp mills around the world. A new article in Biomass Power & Thermal…
Registration for this year’s European Paper Week is open until Tuesday 2 November 2010. The networking event of the year within the pulp and paper industry will take place in Brussels at the Crowne Plaza – Le Palace Hotel in…
Ahlstrom Corporation's Board of Directors has today approved specified long-term financial targets for the Group, supporting its profitable growth strategy. The Group's minimum target on return on capital employed remains at 13 percent over the cycle and Ahlstrom's objective is…
* Stainless steel family gains a new duplex member Duplex stainless steel is fast becoming the material of choice for a wide range of stainless steel applications from architectural landmarks to a host of industrial processes. This trend is gaining…
The U.S. Bankruptcy Court is planning to hear arguments on AbitibiBowater's reorganization plans on Nov. 5. The reorganization plan already has creditor approval in both the U.S. and Canada, and has been approved by the Quebec Superior Court. One subsidiary,…
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…
(For table, see attached file) * Profit after net financial items amounted to SEK 125 (-69) million for the period January to September 2010. Operating profit amounted to SEK 123 (-172) million for the first nine months of 2010. Profit…
FOEX Indexes and Wood Resources International to partner in the launching of Global Wood Chip Price Indices More than 80 million tons of wood chips, valued at almost ten billion US dollars, are traded annually in the open market worldwide and the shipment volumes are increasing. FOEX…
Sonoco, one of the largest diversified global consumer and industrial packaging companies, today reported strong third quarter 2010 results with sales and earnings significantly exceeding prior year results. Highlights Third quarter 2010 GAAP earnings per diluted share were $.57, compared…
The gross price for softwood pulp in January - September 2010 was SEK 6,776 per tonne (4,854) and for hardwood pulp SEK 6,148 per tonne (4,126). On Friday 15 October, corresponding prices were SEK 6,338 per tonne for long fibre…
Stora Enso is ranked the best Nordic company by the Carbon Disclosure Project (CDP) for its reporting on carbon emissions. The company received the highest scores in CDP's Carbon Disclosure Leadership Index (CDLI) that highlights companies with the most complete…
Chemrec, provider of a unique gasification technology used in pulp and paper mills to produce sustainable, low-carbon fuels, today announced it has been named in the prestigious 2010 Global Cleantech 100. The award goes to the most promising private clean…
Social Dialogue Committee for Paper Meets to Discuss Best Practices Today the Confederation of European Paper Industries (CEPI) and the European Mine, Chemical and Energy Workers’ Federation (EMCEF) confirmed their commitment to health and safety in the European paper industry.…