The Association of Finnish Foresters and Nordea Bank have awarded the Finnish TV programme "Green Gold" as the Forest Act of the Year. TV channel MTV3, TV production company Intervisio and UPM, who are all involved in the making of…
Stora Enso's and Neste Oil's joint venture, NSE Biofuels Oy, is to commence environmental impact assessments for a commercial-scale biorefinery at Porvoo and at Imatra in Finland. The two locations are seen as potential alternative sites for a unit capable…
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…
M-real Corporation, part of Metsäliitto Group, has concluded the statutory negotiations at the Äänekoski paper mill. As a result of the negotiations, the personnel reduction is to be maximum 44 people. Effects on the personnel will be realized during the…
Thursday, 07 October 2010 13:00

Terrace Bay resumes pulp production

Terrace Bay Pulp has emerged from creditor protection and is back in business. The northwestern Ontario pulp mill resumed production in late September, aided by financial support from the provincial government and $30 million in financing from a Toronto-based lender.…
Domtar is proud to announce the release of a new Cougar swatchbook.  With a design that is thoroughly contemporary to reflect current design esthetics and a look that is entirely fresh; the new swatchbook remains an indispensable Domtar reference tool.…
Temple-Inland Inc. (NYSE:TIN) will release its results for third quarter 2010 on October 20, 2010, before the market opens. The company will host a conference call on October 20, 2010 at 9:30 a.m. Eastern Time to discuss results for third…
Thursday, 07 October 2010 10:00

Van Houtum signed C2C Organization Charter

On the 1st of October Michael Braungart and our Managing Director Henk van Houtum signed the “Cradle to Cradle Organization” Charter. ‘This is a confirmation of the road we’re on,’ explains Henk. ‘We want to be a company with a…
Mondi has received 6 PPI Award nominations for achievements in the pulp and paper industry and is up for a Green Business Award in the Carbon Emission Performance category Mondi has been shortlisted for six of the twelve 2010 Pulp…
Thursday, 07 October 2010 07:12

Sale of Howe Sound Pulp and Paper completed

The sale of Howe Sound Pulp and Paper to Paper Excellence B.V., announced in July, is now complete. Howe Sound Pulp and Paper Limited Partnership, jointly owned by Canfor Corp. and Oji Paper Co. Ltd. of Japan, has completed the…
At the ANDRITZ Capital Market Day 2010, Wolfgang Leitner, President and CEO of ANDRITZ AG, today confirmed the international technology Group’s long-term goals. ‛The ANDRITZ GROUP’s financial goals are to achieve a sustained average EBITA margin of 7% over the…
Wednesday, 06 October 2010 10:48

Acquisition of B-Pack Due

Amcor announces today the acquisition of B-Pack Due, a cast polypropylene (CPP) film manufacturer based in Italy. 1 October, 2010: The acquisition price is €43 million and represents an EBITDA multiple of 4.9 times annualised EBITDAi of €8.8m.The business had…
JOHNSTON, R.I., USA—Insurance ratings company A.M. Best has affirmed FM Global’s A+ (Superior) financial performance rating and “stable” rating outlook, citing the commercial property insurer’s “conservative underwriting leverage, solid earnings and strong cash flow.” An A+ rating is assigned to…
SCA’s acquisition of the Copamex baby diaper business in Mexico and Central America has now been completed. The purchase price is equivalent to approximately USD 50m on a debt-free basis. SCA already holds several strong market positions within the hygiene…
Metso will supply a complete tissue production line to the Italian Industrie Cartarie Tronchetti group. The tissue line will be installed at Montargis in France. The line will be started up in the second quarter of 2011. The value of…
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