Georgia-Pacific announced that it intends to make significant investments, which could total more than $500 million, in an advanced, proprietary tissue-papermaking technology. The company expects this and subsequent investments to further strengthen its commitment to being the leader in tissue,…
Suzano Papel e Celulose Ltda, Brazil, has awarded Pöyry a contract for pre-engineering and preparatory work for mill infrastructure for a 1.3 million t/a bleached eucalyptus market pulp mill to be built in the state of Maranhao, Brazil. The value…
DS Smith Plc, the international packaging manufacturer and office products wholesaler, today issues the following trading update ahead of its full-year results announcement for the year to 30 April 2010.DS Smith GroupThe Group’s trading performance in the second half of…
(UPM, Helsinki, 28 April 2010 at 09:40) – Interim Report for January–March 2010:• Operating profit excluding special items was EUR 116 million (loss of EUR 78 million)• Operating cash flow was EUR 209 million (EUR 274 million)• Positive development in…
Metso acquires Viconsys web inspection and web break system business. The acquired business, comprising around 30 persons, will be affiliated to Metso’s Energy and Environmental Technology Segment as of today.The target of the acquisition is to complement Metso’s product and…
Cash Dividend Raised for the 28th Consecutive YearThe Board of Directors of Sonoco yesturday declared a $.28 per share quarterly common stock dividend, an increase from the previous quarterly dividend of $.27 per share. The dividend will be payable June…
Mondi, a global leader in the manufacturing of paper and packaging products, has announced a price increase on all uncoated fine paper grades in cut-size, folio, and reels effective June 1st, 2010. The price increase will range from 5-12% and…
ROTTNEROS: THE ROTTNEROS GROUP INTERIM REPORT JANUARY–MARCH 2010 • The result after net financial items for the first quarter of 2010 amounted to SEK 11 (-115) million. The operating result for the first quarter amounted to SEK 7 ( 110)…
Lean manufacturing - getting fit to combat the recession While some branches of industry are already seeing the light at the end of the tunnel, the consequences of the financial crisis are still very much in evidence in the printing…
The announcement of Norske Skog's accounts for the first quarter of 2010 will take place on Thursday 6 May at 7.30 AM CET. From this quarter onwards, a presentation and webcast will no longer be held at the company's head…
Due to the current air traffic restrictions, Norske Skog will broadcast its general meeting in its entirety via telephone conference. This will provide shareholders and others with the opportunity to listen in on the general meeting, even if they are…
Tom Johnstone, President and CEO:"SKF delivered a very strong result in the quarter with better volume and higher manufacturing levels resulting in an operating margin of 11.8%. Demand developed positively during the quarter particularly within the automotive business which adversely…
Verder has designed a complete new series of Verderair diaphragm pumps, based upon the existing reliable trustful Verderair VA concept. Key words for this new pump series are: • Lower pulsation • Less air consumption • Higher fluid output •…
Paper workers at the UPM Kymi paper and pulp mill in Finland started a strike today at 6 am. The reason for the strike is a dispute concerning the amount of lay offs announced at the mill last Friday. The…
Anhui Bilun Tissue Paper (Smile) and PMP has achieved the next step in common cooperation. With a significant support of tissue mill directors: Mr. He Sheng Lin, General Manager, Mr. Xu Ming Yan, Chief Engineer and Mr. Wang Junyi, Assistant…