Wednesday, 17 February 2010 11:00

Fibria, a new company is born

We are the result of the merger between Aracruz Celulose and Votorantim Celulose e Papel, two Brazilian companies with a solid presence in the global forestry product market. We invest in forests as a renewable and sustainable source of life,…
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Tuesday, 16 February 2010 14:00

Paper suppliers to fork out $4m for price fixing

The Federal Court has ordered APRIL Fine Paper Trading, a Singapore-based based pulp and paper company, and its local subsidiary, to pay $4m in penalties for price fixing in the Australian market. After the two companies agreed to admit certain…
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Published in Financial News
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Tuesday, 16 February 2010 10:00

The Thunder Bay Re-Start is Not Additional Capacity for AbitibiBowater

Here is an update on the story Newsprint Machines Back in Operation When the Thunder Bay PM #5 re-start was announced the company indicated that "Despite the announcement, we are not looking to increase our newsprint production in the market.…
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Tuesday, 16 February 2010 08:00

Rottneros Changes to the composition

The Annual General Meeting of Rottneros for 2009 resolved that the Nomination Committee, prior to the Annual General Meeting for 2010, should constitute the Chair of the Board, who shall not chair the Committee, together with two additional members, of…
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Thursday, 11 February 2010 13:45

Fast and reliable spreader roll overhaul for Jiangxi Chenming

"Although the time available for the overhaul was extremely short, the reconditioned spreader roll is running very well. Some other spreader rolls will also soon require reconditioning but we have nothing to worry about because we have Metso, a professional…
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Published in Asian News
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Wednesday, 10 February 2010 15:57

Slovenian paper and board association joins CEPI as new Member

The Confederation of European Paper Industries (CEPI) is pleased to announce that as of January 2010 the Paper and Paper Converting Industry Association of Slovenia has become its newest associate member. The Slovenian association gathers seven paper and board producers…
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Wednesday, 10 February 2010 14:45

Lenzing subsidiary SPV (Indonesia) takes up test operation of fourth fiber production line

The Indonesian subsidiary of Lenzing AG, PT. South Pacific Viscose (SPV) has started up first successful trials of its new fourth production line. Regular operation is expected to commence in the course of the second quarter. The new line will…
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Wednesday, 10 February 2010 13:45

Stora Enso signs EUR 65 million loan agreement

Stora Enso has signed an agreement with the European Investment Bank (EIB) for a EUR 65 million loan to be used for the Ostroleka power plant construction project in Poland. The loan agreement is part of the commitment by EIB…
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Tuesday, 09 February 2010 15:30

Proposals of the Board of Directors to the Annual General Meeting 2010

Kemira's Board of Directors will submit the following proposals to the Annual General Meeting: *Resolution on the use of the profit shown on the balance sheet and on dividends*Remuneration and composition of the Board of Directors*Remuneration and election of the…
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Tuesday, 09 February 2010 13:46

Intermost Corporation Acquires APT Paper Products Company In China

Intermost Corporation (OTC Bulletin Board: IMOT, which filed an application to change its name to Uni Core Holdings Corporation, and referred to as "UCHC"), an experienced 'company doctor' and aggressive 'incubator' of mid- to large-size companies in China, is pleased…
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Published in Asian News
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Friday, 05 February 2010 15:45

Growing interest for Swedish wood in China

Between 2000 and 2005, Chinese timber imports tripled from 10 million to 30 million cubic metres. The import of sawn solid wood products also experienced a similar trend. During the second quarter of 2009, China was the world's second-biggest importer…
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Friday, 05 February 2010 13:45

NSK Launches New Canadian Website

NSK Canada (NSK), one of the world's leading bearing manufacturers, announced today the launch of a new bilingual Canadian website at www.ca.nsk.com. The website is a cornerstone of NSK's commitment to providing world-class resources, information and service to customers across…
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Published in Canadian News
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Thursday, 04 February 2010 15:45

Mill closure illustrates challenges for Australian manufacturing: A3P

The continued strength of the Australian dollar and the increase in the size and competitiveness of manufacturers elsewhere in the world is making it more difficult for Australian manufacturers in both domestic and export markets, according to the Australian Plantation…
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Published in Oceania News
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Thursday, 04 February 2010 12:45

Ferrostaal buys CPI conventional business in ANZ

Ferrostaal has bought the conventional printing machinery business of CPI Group in Australia and New Zealand, including the distribution of flagship brands, Komori (offset printing presses), Wohlenberg (guillotines and perfect binders), Baumann (postpress handling equipment) and Osako (saddle stitchers). Brian…
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Published in Oceania News
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Thursday, 04 February 2010 10:40

Stora Enso's and Arauco's joint-venture

Stora Enso's and Arauco's joint-venture company in Uruguay, Montes del Plata, has decided to initiate a feasibility study on Punta Pereira as the site for a possible future pulp mill. Punta Pereira was also the site chosen for Spanish pulp…
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