Tuesday, 27 March 2012 14:30
Norske Skog divests its operations in Chile
Norske Skog has agreed to sell Norske Skog Bio Bio in Chile to Group BO, a consortium of Chilean investors, for USD 56 million. Group BO plans to continue producing newsprint at the mill. - The divestment is a part…
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South American News
Monday, 26 March 2012 12:05
Pöyry assists Tembec's cellulose manufacturing facility in Canada
Pöyry's Energy business group has been awarded the detail engineering and procurement assistance support contract for a 190 million CAD capital investment (Phase 1) to upgrade the specialty cellulose manufacturing facility of Tembec in Temiscaming, Quebec, Canada. The installation of…
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Canadian News
Wednesday, 21 March 2012 14:47
Resolute Reduces Minimum Tender Condition to 50.01% Offer for Fibrek
AbitibiBowater Inc., doing business as Resolute Forest Products, has announced: it has extended the expiry time for its offer to acquire all of the issued and outstanding common shares of Fibrek Inc. (TSX: FBK) to 5:00 p.m., Eastern Time, on…
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Canadian News
Tuesday, 20 March 2012 09:00
Domtar Uses 'Mad Men' Season Premiere to Promote the Benefits of Reading on Paper
Ad in Special Edition of Newsweek Has a 1960s Feel, But the Message Still Applies: Studies Show You Read 30 Percent Faster Domtar Corporation has announced that with Newsweek planning a retro edition to promote the new season of "Mad Men,"…
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Canadian News
Monday, 19 March 2012 14:00
Resolute Updates Status and Extends its Offer for Fibrek to March 29
AbitibiBowater Inc., doing business as Resolute Forest Products ("Resolute"), has announced that the Québec Court of Appeal has accepted to hear the Company's appeal from the Court of Québec's decision reversing the cease trade order on Fibrek Inc.'s private placement…
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Canadian News
Friday, 16 March 2012 12:30
Resolute Updates Status of Fibrek Offer
AbitibiBowater Inc., doing business as Resolute Forest Products has announced that it has received a favorable decision from the federal Minister of Industry, following his review of the Company's proposed acquisition of Fibrek Inc. under the Investment Canada Act. The…
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Canadian News
Wednesday, 14 March 2012 13:00
Talks continue in sale of Terrace Bay and NewPage mills
Prospective buyers have been touring the Terrace Bay mill in Northern Ontario, while in Nova Scotia, the bidder on the NewPage pulp and paper mill is ironing out details with the provincial utility and the employees’ union. The Chronicle Journal…
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Canadian News
Monday, 12 March 2012 13:30
BASF Venture Capital invests $13.5 million in U.S.-based company Allylix
BASF Venture Capital GmbH has invested $13.5 million in Allylix, Inc., a U.S.-based renewable specialty chemicals company. The BASF subsidiary led a $18.2 million financing round , joined by existing investors Tate & Lyle Ventures, Avrio Ventures and Cultivian Ventures. Allylix has a…
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North American News
Monday, 12 March 2012 09:00
Appleton And Domtar Announce Historic Supply Agreement
Appleton and Domtar Corporation today announced a tentative agreement in which Domtar would supply Appleton with most of the uncoated base paper the company needs to produce its thermal, carbonless, and other specialty paper products. The historic 15-year supply deal…
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North American News
Friday, 09 March 2012 11:30
Ecolab Expands Brazil Institutional Business
Ecolab Inc. announced today that it has acquired Econ Indústria e Comércio de Produtos de Higiene e Limpeza Ltda., a provider of cleaning and sanitizing products and services to the Brazilian foodservice industry. Based in Sao Paulo, Brazil, its annual…
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South American News
Friday, 09 March 2012 10:30
Metso inaugurates new facilities in Araucária, Brazil
Metso has inaugurated its new facilities in Brazil on March 8, 2012. The new facilities, incorporating a machinery production and services unit and an administrative office, are situated in Araucária, a metropolitan area of Curitiba, in the state of Paraná.…
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South American News
Thursday, 08 March 2012 11:00
Verso Paper Corp. Announces Proposed $345 Million Debt Offering
Verso Paper Corp. has announced that its subsidiaries, Verso Paper Holdings LLC and Verso Paper Inc. (the "Issuers"), propose to issue $345 million aggregate principal amount of senior secured notes due 2019 (the "Notes") in a private offering that is exempt from the registration requirements of…
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North American News
Thursday, 08 March 2012 10:00
Safest mills: Al-Pac, Weyerhaeuser and Northern Pulp
Alberta Pacific Forest Industries, Weyerhaeuser’s Grande Prairie site, and Northern Pulp Nova Scotia were the safest operations in Canada last year, according to Pulp & Paper Canada’s Safest Mill in Canada contest. Weyerhaeuser was the only participating mill to have zero incidents in…
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Canadian News
Tuesday, 06 March 2012 21:18
IP First Forest Products Company To Receive Award
The U.S. Environmental Protection Agency (EPA), the Association of Climate Change Officers (ACCO), the Center for Climate and Energy Solutions (C2ES) (formerly the Pew Center on Global Climate Change), and The Climate Registry (TCR) named International Paper (NYSE: IP) among the winners of the inaugural Climate Leadership Awards. International…
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North American News
Tuesday, 06 March 2012 21:08
Domtar completes Attends Europe acquisition
Domtar Corporation has announced the completion of the acquisition of privately-heldAttends Healthcare Limited ("Attends Europe"), manufacturer and supplier of adult incontinence care products in Europe, from Rutland Partners for €180 million, pursuant to a definitive agreement entered into on January 26, 2012. Attends Europe sells and markets…
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Canadian News