Metso will supply advanced quality control solutions (AQC) to Norske Skog Albury to reduce TMP quality variability and energy usage. The Norske Skog Albury mill produces185,000 tons per year of bleached softwood TMP and has an annual paper production capacity…
Metso Corporation´s Annual General Meeting authorized the Board of Directors on March 30, 2010 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, Metso…
The portfolio of Heidelberger Druckmaschinen AG (Heidelberg) was received with great interest at ExpoPrint Latin America 2010, which took place from June 23 to 29 in Sao Paulo, Brazil. The company exhibited a comprehensive range of state-of-the-art technologies and services…
The Board of Directors of Brødrene Hartmann A/S has resolved to propose to the shareholders that the Board of Directors be supplemented with Agnete Raaschou-Nielsen as a new member of the Board. The Board of Directors intends to convene an…
Tuesday, 06 July 2010 14:00

SCA divests Asian packaging operation

SCA has signed an agreement to sell its Asian packaging operation and puts focus on hygiene growth in Asia.The buyer is International Paper and the purchase consideration amounts to USD 200m. In 2009, the Asian operation reported sales of approximately…
Sonoco (NYSE: SON), one of the largest diversified global packaging companies, has completed the acquisition of Associated Packaging Technologies, Inc. (APT), North America's largest manufacturer and supplier of Crystallized Polyethylene Terepthalate (CPET) containers to the frozen food industry, it was…
M-real Corporation, part of Metsäliitto Group, will exercise its right to early redemption of its senior floating rate notes maturing on 15 December 2010 (ISIN XS0276828042). The remaining outstanding nominal amount before the redemption is approximately EUR 90.05 million, which…
Tuesday, 06 July 2010 10:00

New test method reduces waste

CCT10 is a new test method developed by Billerud in order to measure true paper performance of corrugated board. This is a further step towards the company's vision of setting the global packaging standard. Billerud has taken the standardised method…
International Paper has completed the purchase of SCA Packaging Asia for approximately US$ 200 million, subject to post-closing adjustments."This acquisition strengthens International Paper's industrial packaging business in China -- the largest corrugated market in the world, and it extends our…
STI Lilyfield has purchased the equipment and machinery of Pettaras Press after receivers for the now defunct print shop were unable to secure a buyer. Lilyfield is also re-locating it's local operations to Pettaras' facility in the Sydney suburb of…
European Commission’s DG AGRI, Forest Europe and UNECE-FAO (UN bodies) jointly released a very timely publication giving guidance on how to increase wood supply in Europe. CEPI, the Confederation of European Paper Industries, welcomes this publication and encourages all stakeholders…
Ahlstrom, a global leader in high performance fiber-based materials, today announced that it will continue to adjust upwards prices for its filter media products for transportation filtration, as a consequence of the continued rise of raw materials prices.Prices of key…
As of July 2010, IQ premium and MAESTRO® extra will have a new packaging design highlighting details on how to win a week for two in Salzburg, Austria or a camcorder. Mondi has launched its summer 2010 campaign with promotional…
Clearwater Paper Corporation announces the expiration of certain trading restrictions on its 10 5/8% Senior Notes due 2016 (the "Notes") issued on June 11, 2009, pursuant to a private placement, allowing the Notes to be freely tradable by non-affiliates of…
The approval of Terrace Bay Pulp's repayment plan moves the idled Ontario pulp mill one step closer to resuming production this summer. According to the Chronicle Journal newspaper, 165 of 168 voted in favour of the plan, which represents $35…
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