Avatar Posted by tony 11 hours ago
Category: Recent Deals
(Germany) AkzoNobel is reinforcing its Specialty Chemicals portfolio by acquiring businesses in Europe and Asia. The company has signed two agreements which will strengthen both its paper and polymer chemicals activities. The first deal involves AkzoNobel’s Pulp & Paper Chemicals business... read more »
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Avatar Posted by tony 11 hours ago (http://www.theglobeandmail.com)
Category: Company Specific News
(USA) Abitibi-Bowater plans to shed an additional $250-million of assets as it deals with slumping demand for paper and a heavy debt load. North America's largest newsprint maker put a South Korean paper mill up for sale as part of larger drive to shore up its balance sheets and staunch losses. read more »
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Avatar Posted by tony 11 hours ago (http://www.bizjournals.com)
Category: Export/Import/Cess/Duties/Taxes
(USA) Some Chinese producers of lightweight thermal paper face duties of nearly 133 percent imposed by the U.S. Department of Commerce because the agency found evidence that the firms exported the products into the country at prices below fair value... read more »
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Avatar Posted by tony 12 hours ago
Category: Finance / Stock Market
(USA) NewPage Group Inc. has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock... read more »
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Avatar Posted by tony 12 hours ago
Category: Price Movements
(Russia) Russian domestic log prices fell sharply in the 1Q 2008 from their peak in the 4Q of last year, according to the market report Wood Resource Quarterly. Pine sawlog prices declined 22%, softwood pulpwood prices were down 20% and hardwood pulpwood costs fell just over 15%... read more »
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Avatar Posted by tony 12 hours ago (http://www.streetinsider.com)
Category: Finance / Stock Market
(USA) S&P Equity Research has downgraded Neenah Paper from Buy to Hold. read more »
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Avatar Posted by tony 12 hours ago (http://www.reuters.com)
Category: Recent Deals
(Germany) Akzo Nobel, the world's biggest paint company, said its pulp and paper chemicals business, Eka Chemicals, is acquiring Levasil, the silica sol coating business of Germany's H.C. Starck Group. In a separate deal, Akzo Nobel's polymer chemicals unit has agreed to buy two organic peroxide read more »
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Avatar Posted by tony 12 hours ago (http://www.biofuelreview.com)
Category: Recycling / Environment
(Sweden) Swedish paper manufacturer, Grycksbo Paper, is to invest 130 million SEK (approx $21.5m) to install a biomass boiler, which will meet the paper mill’s entire need for steam when it comes on-line during the second half of 2009... read more »
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Avatar Posted by tony 12 hours ago
Category: Company Specific News
(USA) After a successful selling season in the fall focusing in the mid-Atlantic area, Hampton Paper Designs (http://www.hamptonpaperdesigns.com) will be making its national debut at the National Stationery Show, May 18 - 21, 2008 at the Jacob K. Javits Convention Center in New York City. read more »
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Avatar Posted by tony 12 hours ago (http://english.vietnamnet.vn)
Category: Export/Import/Cess/Duties/Taxes
(Vietnam) Paper and pulp imports increased sharply in the first four months of 2008, while big paper plants are running at full capacity. However, paper processing companies still complain that they cannot buy paper for production. read more »
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Avatar Posted by tony 12 hours ago (http://www.forbes.com)
Category: Recent Deals
(Portugal) Angolan state-owned oil company Sonangol is mulling acquiring a stake in Portuguese paper maker Portucel - Empresa Produtora de Pasta e Papel, SA, Diario Economico reported, citing a source close to Sonangol. read more »
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Avatar Posted by tony 12 hours ago (http://www.gazettetimes.com)
Category: New Projects / Mill Closures
(USA) Pope & Talbot Inc. has announced that its Halsey pulp mill has begun shutdown procedures and is expected to close by the weekend, according to Mark Rossolo, a spokesman for the company. The shutdown affects 180 employees, the company said. read more »
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Avatar Posted by tony 12 hours ago
Category: Company Specific News
(USA) PaperWithBorders.com now offers myriad paper products from their new location in Wisconsin, USA. read more »
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Avatar Posted by tony 12 hours ago
Category: Finance / Stock Market
(USA) Schweitzer-Mauduit International, Inc. has reported a first quarter 2008 net loss of $1.2 million compared with net income of $4.2 million during the first quarter of 2007. The diluted loss per share was $0.08 compared with diluted earnings per share of $0.27 in the prior-year... read more »
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Avatar Posted by tony 12 hours ago
Category: Company Specific News
(Sweden) In northeastern Russia, the paper and board manufacturer Mondi is launching an ambitious rebuild and modernisation programme at its pulp and paper mill. Sweco has been given responsibility for architecture, structural engineering and construction management... read more »
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Avatar Posted by tony 12 hours ago (http://www.purchasing.com)
Category: Business / Economy
(USA) World demand for printing and writing paper grades will show virtually no growth in 2008 and then show marginal expansion through 2010, according to a forecast by the Printing and Writing Papers Association. read more »
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Avatar Posted by tony 12 hours ago (http://www.purchasing.com)
Category: Company Specific News
(USA) International Paper doesn’t know when it will restart operations at the containerboard mill in Vicksburg, Miss., that was idled after a recovery boiler explosion on Saturday, May 3, killed one worker and injured 17 others, all contractors. read more »
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Avatar Posted by tony 12 hours ago
Category: Finance / Stock Market
(Kazakhstan) Kazakhstan Kagazy PLC, owner of Central Asia’s largest producer of paper, corrugated board and packaging products and one of the leading industrial real estate development companies in the country, has announced its summary preliminary... read more »
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