The Quebec government is attempting to help mill owners and the workers reach an agreement that will re-open White Birch Paper Co.'s Stadacona newsprint mill, Canadian Press reported Jan. 17. The Stadacona mill in Quebec City has been closed since…
Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) is pleased to announce that it has ramped up production of dissolving pulp at its Fortress Specialty Cellulose Mill to approximately 60% of final targeted capacity since it announced production of…
Wednesday, 18 January 2012 16:00

Resolute Updates Status of its Offer for Fibrek

AbitibiBowater Inc., doing business as Resolute Forest Products ("Resolute") (NYSE: ABH) (TSX: ABH), has announced that it filed an application with the Bureau de révision et décision (Québec), the administrative tribunal with statutory jurisdiction in securities law and regulatory matters…
Wednesday, 18 January 2012 14:00

Resolute to Present at the CIBC 2012

AbitibiBowater Inc., doing business as Resolute Forest Products ("Resolute") (NYSE: ABH) (TSX: ABH), has announced that President and Chief Executive Officer Richard Garneau will participate in a panel discussion on transformation in the forest products industry during the CIBC 2012…
 US woody biomass prices have dropped the past three years; west coast prices are the lowest in the country, reports the North American Wood Fiber Review  Relatively low fossil fuel prices have reduced the demand and prices of woody biomass…
Uncompetitive cost position necessitates closure Potential generation of a $20 million cash benefit Redeploy resources to higher return business opportunities Expect $2.4 million restructuring costs and non-cash impairment charge of $49 million Buckeye Technologies Inc. has announced the closure of its Americana, Brazil cotton linter pulp production…
White Birch Paper Company has presented a proposal to the employees of the idled Stadacona paper mill in Quebec City, Quebec, which it calls "the final opportunity to implement the savings necessary for Stadacona to avoid permanent closure." White Birch…
Metso will supply a complete Advantage tissue machine for Fabrica De Papel San Francisco S.A. de C.V., in Mexicali, Mexico. The tissue production line will start up in the second quarter of 2013. The value of the order will not…
Wednesday, 11 January 2012 09:00

Resolute Reaffirms its Offer for Fibrek Inc.

AbitibiBowater Inc., doing business as Resolute Forest Products ("Resolute") (NYSE: ABH) (TSX: ABH), has announced that it would issue a notice of variation to the offer circular and other ancillary documentation in connection with its outstanding offer to acquire Fibrek…
Verso Paper Corp. has announced that the company has completed a $45 million renewable energy project at its pulp and paper mill in Quinnesec, Michigan. The project includes design upgrades to the mill's existing combination boiler (which burns biomass from…
Sunday, 08 January 2012 15:00

Wausau Paper Announces Senior Appointments

Wausau Paper has announced the appointment of Matthew L. Urmanski to the position of Senior Vice President - Tissue and Michael R. Wildenberg to the position of Senior Vice President - Tissue Strategy effective March 1, 2012. Mr. Urmanski, 39, joined Wausau Paper in 2000 and has most…
  The market thrives on competition, a concept that also applies to certification schemes. As a  second example of forest certification to be presented in this issue, PEFC International illustrates the importance of certification and the benefits it can bring.…
Natural Resources Minister Charlie Parker announced today, Jan. 4, he is encouraged that the company selected by a court-appointed monitor to negotiate exclusively for the NewPage mill is committed to an ongoing sustainable operation, which will maintain hundreds of jobs…
Thursday, 05 January 2012 14:00

St. Mary's Paper pushed into receivership

St. Mary's Paper was forced into receivership on Dec. 30, after its insurer discontinued coverage. CEO Dennis Bunnell told the Sault Star newspaper that lack of insurance carrier caused the mill's first secured party, International Forest Products, to have St.…
Ashland Inc. has said that its subsidiary, Hercules Incorporated, has completed the previously announced sale of its aviation and refrigerant lubricants business, a polyol/ester-based synlubes business, to Calumet Missouri, LLC, an assignee of Monument Chemicals Inc. The purchase price was…