Wednesday, 04 July 2012 13:00

NewPage Announces Restructuring Update

NewPage Corporation (NewPage) has announced that it has been engaged in a series of discussions with its various constituents, including first lien note holders, second lien note holders and the Unsecured Creditors' Committee, in an effort to finalize a consensual…
Domtar Corporation has released its 2011 Sustainable Growth Report, unveiling 35 key performance indicators that will shape the company's sustainability efforts out to 2020. This sustainability framework builds on years of industry leadership in forestry certification, mill-level environmental performance and longstanding ENGO collaborations.…
International Paper has announced that it has finalized the sale of its Ontario and Oxnard, California containerboard mills to New-Indy Containerboard LLC, along with its New Johnsonville, Tennessee containerboard mill to Hood Container Corporation. By completing these transactions, the company satisfies its divestiture obligations under its February 2012 settlement agreement with the U.S.…
Verso Paper Corp. has launched the Verso Forest Certification Grant Program, an initiative aimed at increasing certified fiber and certified acreage on lands near the company's four paper mills. The program will provide start-up funding to encourage and assist landowners, consulting foresters and…
Catalyst Paper Corporation is pleased to announce that the company has received the necessary creditor approval for its second amended plan of arrangement under the Companies Creditors Arrangement Act in Canada. Approval of more than 99 per cent of secured…
Buckeye Technologies Inc. has announced it is targeting the restart of its fluff pulp line for July 4. The specialty pulp line has been up and safely running at target rates since early Saturday morning, June 23. The specialty pulp…
Buckeye Technologies Inc. has announced that it has made the repairs on the #1 specialty pulp machine that was damaged on June 17, due to the significant failure of a steam drum on the #2 fluff pulp machine. Structural damage…
Integrated solution increases calibration accuracy and streamlines tasks Emerson Process Management announces an integrated asset management and calibration solution that combines its AMS Suite predictive maintenance software application with Beamex CMX Calibration software. The integration with Beamex further enhances the…
Ahlstrom, a global high performance materials company, estimates that the transfer of the Brazilian operation of its former wipes fabrics business, Home and Personal, to Suominen Corporation will take place in the third quarter of 2012. Ahlstrom had previously anticipated…
To bolster its industry-leading transparency tool, Domtar Corporation (NYSE: UFS) (TSX: UFS) has announced an expansion of its award-winning site, The Paper Trail (www.domtarpapertrail.com).  The move adds more products and an additional mill, among other updates, to help customers learn even more…
Ruling Allows Delivery of TAD Paper Machine to Clearwater Paper by July 2012, Facilitating Completion of Shelby Tissue Facility on Schedule SPOKANE, Wash. --- Clearwater Paper Corporation (NYSE:CLW) has commented on the ruling in the United States District Court for the District of South Carolina in favor of…
Buckeye Technologies Inc. has announced that it has completed the sale of its Brazilian subsidiary Buckeye Americana Ltda. to Vicunha Participacoes S.A. Net cash proceeds from the sale were $6.4 million. The Company ceased production of cotton cellulose pulp at…
New FAO report profiles how sustainable forestry can help meet development goals The world's forests have a major role to play in the transition to a new, greener economy, a theme being discussed at the Rio+20 Conference.  But to spark…
Buckeye Technologies Inc. has announced that on Sunday, June 17, Buckeye’s Florida wood cellulose fibers facility near Perry, Florida, experienced a significant failure of a steam drum on the number 2 paper machine causing damage to multiple drums and structural…
International Paper has announced that Computerworld, the leading source of technology news and information for IT influencers worldwide, ranked International Paper No. 45 on its 2012 Top 100 Best Places to Work in IT. International Paper was recognized as one of the…