Sonoco one of the largest global diversified packaging companies, today said it is voluntarily targeting a 15 percent reduction in greenhouse gas emissions (GHG) from the Company's more than 300 global manufacturing plants by 2014. Harris E. DeLoach, Jr., chairman,…
The Tejani family has today signed an agreement to sell the LPC Group to family owned Sofidel S.p.A.Completion of the sale is subject to the receipt of required regulatory approval in Germany.The combination of LPC and Sofidel will create Europe’s…
Monday, 26 July 2010 13:13

Research means from EU

Borregaard has received 4 million Euros in research grants from the EU. The funding will be used for demonstration plants within development projects connected to Borregaard’s biorefinery concept.“Borregaard has shown ability and willingness for research and development. Now we have…
About a year ago the Turku based work shop Stairon Oy (Ltd.) started with its partner to plan a new strategy how to gain new business opportunities and growth in the future. “Starting point was the fact  that already now…
This year's Asian Paper show was held from June 16 - 18 in Bangkok, Thailand. Despite the turmoil earlier this year in Bangkok, the show has been very successful for Feltest Equipment. Many visitors, both from local and international paper…
A screen that uses less energy than all comparable products on the market has convinced the Technical Association of Pulp & Paper Industries (TAPPI). The Japanese Voith Paper subsidiary Voith IHI Paper Technology won this year’s Sasaki Award from the…
In the 1Q/2010, the Global Sawlog Price Index (GSPI) reached US$76.77/m3, the highest level in over a year, according to the Wood Resource Quarterly. Much of the increase has been the result of a weaker US dollar, but sawlog costs…
Wetterauer Druckerei in Friedberg recently obtained a certificate for the first climate-neutral printing press in Germany. The Speedmaster SM 74 five-color press with coating unit from Heidelberger Druckmaschinen AG (Heidelberg) was installed in the spring of this year. The greenhouse…
The SCA Tissue plant was operating as normal on Friday after a fire began on the facility's roof at around 10:30 p.m. on Thursday 15th June 2010.Flames from two exhaust fans on the roof could be seen upon arrival at…
• Profit after net financial items amounted to SEK 61 (-112) million for the first half of 2010. Operating profit amounted to SEK 55 (-102) million for the first six months of the year. Profit after net financial items amounted…
The year dates in the second and fourth columns of the CONDENSED CONSOLIDATED STATEMENTS OF INCOME, the FINANCIAL SEGMENT INFORMATION and the CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS tables were incorrect.The corrected release reads:SONOCO REPORTS MUCH IMPROVED SECOND QUARTER 2010…
International Paper (NYSE: IP) announced today that it reached agreement to sell 163,000 acres of properties located in the southeastern United States for approximately $200 million in a transaction with an affiliate of Rock Creek Capital (the "Partnership"). A minimum…
DHL has signed a Partnership Agreement with the China Development Institute (CDI), a leading think tank in China, to research and develop innovative logistics solutions nationwide. As a Global Research Partner of the DHL Innovation Initiative, CDI will provide in-depth…
“Our second quarter results are strong by all measures. Operating profit excluding NRI and fair valuations at EUR 213 million, cash flow from operations at EUR 305 million, ROCE at 10.5% and net cash position at EUR 856 million are…
January-June 2010 compared with the same period in 2009 · Net sales amounted to SEK 4 298 million (3 807), an increase of 13%. · Profit for the period amounted to SEK 290 million (-31). · Earnings per share amounted…
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