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Friday, 30 April 2010 09:17

BASF: Strong start to 2010

BASF’s business continued to develop favorably in the first quarter of 2010. In conjunction with the recovery of the economy and some restocking of inventories by customers, demand has risen strongly in almost all divisions. At the same time, some…

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Published in Financial News

Friday, 30 April 2010 08:00

U.S. Department Of Commerce Announces Preliminary Dumping Margins Against Chinese and Indonesian Coated Paper Producers

Appleton Coated LLC, NewPage Corporation, and Sappi Fine Paper North America – together with the United Steelworkers (USW) -- commended the U.S. Department of Commerce for its preliminary dumping duty determinations against certain coated paper imports from China and Indonesia.…

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Published in North American News

Thursday, 29 April 2010 10:22

Billerud's second consecutive quarter with an operating margin above 10%

CEO Per Lindberg comments on the development during Q1 2010: “With an operating profit of SEK 234 million for the first quarter of 2010 we now have two consecutive quarters behind us when we have achieved our target of an…

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Published in Financial News

Thursday, 29 April 2010 10:20

Billerud's Interim report January-March 2010

January-March 2010 compared with the same period in 2009• Net sales amounted to SEK 2 190 million (1 900).• Profit for the period amounted to SEK 156 million (-39).• Earnings per share amounted to SEK 1.52 (-0.53).• Operating profit amounted…

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Published in Financial News

Thursday, 29 April 2010 09:57

KapStone Paper and Packaging Announces Time Change to First Quarter 2010 Earnings Conference Call

KapStone Paper and Packaging Corporation (NYSE: KS), a leading North American producer of unbleached kraft paper products and linerboard, will release its 2010 first quarter earnings on Wednesday, May 5, 2010, after the market closes. The Company will host a…

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Published in Financial News

Thursday, 29 April 2010 09:52

New business to start at UPM's former further processing mill in Parkano

UPM has signed a preliminary contract for selling the real estate of its former further processing mill in Parkano, Finland. The premises are to be taken over by a wood processing company to be established by the mill's former local…

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Published in European News

Thursday, 29 April 2010 09:49

Catalyst Paper Q1 results hurt by lower paper prices, cyclical price recovery emerging

Catalyst Paper (TSX:CTL) has recorded a net loss attributable to the company of $44.1 million ($0.12 per common share) on sales of $273.3 million for the first quarter of 2010. The net loss increased from $35.8 million in the preceding…

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Published in North American News

Thursday, 29 April 2010 09:42

AbitibiBowater seeks permission to sell four closed mills, machinery

Newsprint producer AbitibiBowater is asking the bankruptcy court for approval to sell four closed mills and their machinery to Montreal-based American Iron & Metal, according to a Canadian Press news report on April 19.The scrap metal company would buy to…

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Published in North American News

Thursday, 29 April 2010 09:36

Global Forest Certification Standard Open for Public Consultation

PEFC International is pleased to invite all stakeholders to comment on the enquire drafts of three of its core standards by 30 June 2010. With more than two-thirds of the world's certified forests managed in compliance with PEFC's Sustainability Benchmarks,…

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Published in European News

Wednesday, 28 April 2010 14:06

ABB to deliver electrical systems for SCA's new line

ABB announced it is to engineer, deliver and commission the electrical systems to a new tissue production line supplied by Metso to SCA's new factory in Mexico. The delivery includes intelligent control and monitoring systems for power distribution, the new…

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Published in European News

Wednesday, 28 April 2010 12:59

Georgia-Pacific Announces Significant Investments In Advanced Papermaking Technology

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,…

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Published in European News

Wednesday, 28 April 2010 12:52

Pöyry awarded EUR 7.3 million pulp mill engineering contract in Brazil

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…

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Published in South American News

Wednesday, 28 April 2010 09:15

DS Smith PLC Pre-close trading update

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…

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Published in Financial News

Wednesday, 28 April 2010 09:09

UPM's operating profit sales increase by 10%

(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…

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Published in Financial News

Thursday, 22 April 2010 11:43

Metso purchases Viconsys machine vision systems business

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…

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Published in European News

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