Thursday, 16 September 2010 11:00

Metso Group to donate funds to Finnish universities

Metso Corporation's Annual General Meeting on March 30, 2010 authorized the Board of Directors to decide on a donation of a maximum of EUR 2.5 million to universities. On the basis of the decision made by the Annual General Meeting,…
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Thursday, 16 September 2010 10:00

AbitibiBowater defends bonuses, closures to Commons committee

AbitibiBowater's chief executive has defended the company's decision to reward 50 executives with a combined $6 million in bonuses for their work on restructuring the newspaper giant, the Canadian Press reports. Union leaders at the insolvent Montreal-based paper maker have…
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Thursday, 16 September 2010 08:45

Certification an Urban Myth or a Rural Reality: Street Talk

What promised to be a confrontational debate about forest certification between two global leaders of different schemes failed to materialise during an otherwise lively session at the forest industry development conference. Described as something of a coup, the conference brought…
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Wednesday, 15 September 2010 13:00

UPM Timber prepares fpr production curtailments at the end of the year

UPM's Timber business will curtail its production in Finland during the fourth quarter of 2010. Demand for sawn timber has decreased and due to the seasonal changes demand is estimated to further slow down towards the end of the year.…
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Wednesday, 15 September 2010 12:00

Environmental Court of Appeal confirms sanction

On September 14, 2010 the Environmental Court of Appeal decided that Billerud, in accordance with the decision from the Environmental Court and the Swedish Environmental Protection Agency, is to pay a sanction of approximately SEK 19.5 million. On 10 December…
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Wednesday, 15 September 2010 11:00

AbitibiBowater Creditors Approve CCAA Plan of Reorganization

AbitibiBowater is pleased to announce that the Company has received approval for its plan of reorganization from unsecured creditors under the Companies' Creditors Arrangement Act (CCAA) in Canada. The plan of reorganization received overwhelming support from its unsecured creditors both…
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Wednesday, 15 September 2010 10:00

Sonoco Announces North America Paperboard Price Increase

Sonoco will increase prices in the United States and Canada for all uncoated recycled paperboard grades by $35 per ton effective with shipments on October 11, 2010, according to Jim Bowen, senior vice president, Primary Materials Group. About Sonoco Founded…
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Wednesday, 15 September 2010 09:00

International Paper Announces Contribution to Pension Fund

International Paper has announced it is making a $650 million voluntary contribution to its U.S. pension fund. In July of 2010, International Paper made a voluntary contribution of $500 million to the fund, which brings the year-to-date contribution total to…
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Wednesday, 15 September 2010 08:00

IKEA Featured in New 'On Paper' Sustainability Series Podcast

NewPage Corporation has announced the upload of a new "On Paper" sustainability series podcast featuring Anders Hildeman of IKEA. As global forestry manager for IKEA, Hildeman discusses the importance of responsible forestry management and the role IKEA plays through numerous…
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Tuesday, 14 September 2010 15:00

Magali Depras resigns as CCO at Brødrene Hartmann A/S

Magali Depras has announced that she will resign from her position as Chief Commercial Officer (CCO) and member of the Executive Board of Brødrene Hartmann A/S to seek new challenges outside of the egg and packaging industry. Magali Depras will…
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Tuesday, 14 September 2010 14:00

New dryer hood reduces energy consumption

The Energietransitie Papierketen is an industry-wide innovation initiative. The goal is to achieve an energy saving of 50 percent throughout the supply chain by 2020. Van Houtum is a participant in a project that focuses on reducing dryer energy consumption.…
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Tuesday, 14 September 2010 13:00

Temple-Inland Chairman & CEO to Speak at UBS Global Paper and Forest Products Conference

Temple-Inland Inc. (NYSE:TIN) Chairman and Chief Executive Officer Doyle R. Simons will speak at the UBS Global Paper and Forest Products Conference in New York City on Wednesday, September 15, 2010 at 9:45 a.m. Eastern Time. All interested parties are…
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Tuesday, 14 September 2010 12:00

Steelworkers, Who Backed Black Liquor Credits, Now Attack Green Energy Subsidies

The United Steelworkers, which vociferously supported black liquor tax credits for U.S. pulp mills, suddenly seems to have decided that renewable-energy subsidies are not such a good idea. In a case of One Person's (or Country's) Jobs and Energy Program…
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Tuesday, 14 September 2010 11:00

Sonoco-Alcore Focuses on New Products at PacTec 2010

Sonoco-Alcore S.a.r.l, a wholly owned subsidiary of Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will exhibit a number of new products at the PacTec Exhibition, September 21-24, 2010. Held at the Helsinki Exhibition & Convention Centre,…
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Tuesday, 14 September 2010 10:00

UPM Shotton takes a step closer to zero waste with PHS

UPM Shotton paper mill have struck a long term deal with waste management company, PHS Special Contracts, part of PHS Wastetech, to reprocess all of its rejected material into valuable products. The paper mill already recycles 650,000 tonnes of recovered…
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