PEFC Latvia has applied for re-endorsement of its national forest certification system. Stakeholders globally are invited to provide comments and feedback during the consultation period, which is open until 12 December 2010. "Forest owners in Latvia are keen to gain…
Clariant, a world leader in specialty chemicals, today announced the final conclusions of its Global Asset Network Optimization (GANO) project which impact eight sites globally. The measures are part of the company's overall 2009/2010 restructuring program and will lead to…
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…
BASF and its employees in more than 20 countries have together donated about €785,000 for the flood victims in Pakistan. “I was impressed by the willingness of BASF employees to make donations. Through their contributions some of the misery can…
Based on current information, the Pöyry Group's operating profit for 2010, excluding one-time items, is estimated to decline clearly from the comparable figure in 2009. The Group's net sales for the full year 2010 are expected to remain stable. The…
Ahlstrom Corporation will publish its interim report for January-September 2010 on Tuesday, October 26, 2010 approximately at 12 a.m. Finnish time (CET +1). Ahlstrom's President & CEO Jan Lång and CFO Seppo Parvi will present the 2010 third-quarter results in…
With their Thurso pulp mill in the midst of being converted to a dissolving pulp producer, Fortress Paper Ltd CEO Chadwick Wasilenkoff traveled to China last month to meet with potential buyers of their soon-to-be available new product. The region,…
Fortress Paper Ltd. announces that it has increased the purchase commitments for its dissolving pulp to an aggregate of 156,000 air dried metric tonnes (“ADMT”) per annum representing approximately 78% of the Fortress Specialty Cellulose Mill’s planned annual production capacity.…
A new low-consistency (LC) refiner system donated to the Pulp and Paper Centre at the University of British Columbia (UBC) was started up in August, marking another milestone in the University's research program to enhance paper quality and reduce energy…
On Monday 11th Oct 2010, the news agency Thomson Reuters published an interview with the President and CEO of Norske Skog, Sven Ombudstvedt. The article from Thomson Reuters states that "Ombudstvedt said that business performance had been somewhat better than…
Clearwater Paper Corporation has announced certain preliminary financial results as of and for the three months ended September 30, 2010, in connection with the company's previously announced proposed offering of $350 million aggregate principal amount of senior notes due 2018.…
M-real invests approximately EUR 16 million at Kemiart Liners mill - a final decision made regarding EUR 26 million investments in Simpele M-real Corporation, part of Metsäliitto Group, has decided to invest at the Kemiart Liners mill by modernizing the…
Verso Paper Corp has announced that it will report its financial results for the third quarter ended September 30, 2010 in a news release before the market opens on Wednesday, November 3, 2010. Management will host a conference call at…
UPM has started testing the new Finnish FSC standard in company forests. With this testing the company wants to fully assess the costs and functionality of the indicators of the new Finnish FSC standard approved by the Finnish FSC association…
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.,…