(Nigeria) Negris Holdings has emerged the preferred bidder for the Nigerian Newsprint Manufacturing Company Limited (NNMC) Oku Iboku, Akwa Ibom State, with a bid price of $32.5 million... read more »
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(USA) MeadWestvaco has announced it has completed the sale of its kraft paper mill in North Charleston, S.C., and related assets to KapStone Paper and Packaging Corporation for $485 million in cash, subject to post-closing adjustment.. read more »
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(USA)KapStone Paper and Packaging Corporation has announced it has completed the acquisition of the Charleston Kraft Division of MeadWestvaco Corporation (CKD) from MeadWestvaco Corporation... read more »
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(UK) Waste management company Greenstar has bought Leicester Paper Processors, a commercial recycling business, to increase its network of materials recycling facilities (MRFs)... read more »
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(USA) Several high profile mergers and partnerships have occurred recently in the containerboard packaging industry and recyclers, brokers and paper producers are waiting to see what kind of impact such activity will have on the recovered fiber market... read more »
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(Canada) Northern Pulp Nova Scotia Corporation has completed the purchase of the Neenah Paper mill. The new owner, an affiliate of Atlas Holdings LLC and Blue Wolf Capital Management LLC, will take over under the terms of sale announced in mid-May... read more »
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(USA) Neenah Paper has announced that it had completed the sale of its Pictou pulp mill to Northern Pulp Nova Scotia Corporation (Northern Pulp), a new operating company of Atlas Holdings LLC (Atlas) and Blue Wolf Capital Management LLC (Blue Wolf).... read more »
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(Norway/South Korea) Norske Skog has entered into a definitive agreement to sell Norske Skog Korea Co. Ltd., its Korean Subsidiary for NOK 4.3 billion (USD 830 million) to Morgan Stanley Private Equity Asia and Shinhan Private Equity... read more »
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(USA/China) Orient Paper, a large paper manufacturer based in the Hebei Province of China, has announced that it has issued a merger offer to Inner Mongolia Shangdu Paper Milling Company, Ltd... read more »
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(Finland) Metso Paper will supply a new fiber line to Century Pulp & Paper’s integrated pulp and paper mill in Uttaranchal state in Northern India, near the border to Nepal. The line is scheduled to start up at the end of 2009. The value of the order is close to EUR 23 million. read more »
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(Sweden/UK/Ireland) SCA has today signed an agreement for the sale of the UK and Ireland conventional corrugated business. The purchaser is Spanish SAICA and the purchase price amounts to GBP 100 million (EUR 125 million)... read more »
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(USA) Emerson Process Management has been awarded a contract to digitally automate an expanded recovery boiler and fiberline at Svilosa pulp mill, which is located on the banks of the Danube, near the town of Svishtov in northern Bulgaria. read more »
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(Finland) M-real and Arjowiggins have decided not to pursue the sale of Reflex mill. The parties entered into the sale and purchase agreement on 12 October 2007 and the transaction was conditionally approved by the European Commission on 4 June 2008... read more »
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(Saudi Arabia) Tetra Pak Arabia, a world leader in food processing and packaging, entered into a landmark agreement with Middle East Paper Company (MEPCO) to recycle post consumer food and beverage cartons in Saudi Arabia. read more »
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GREAT BARRINGTON, USA -—June 04, 2008-- Hazen Paper Co. of Holyoke has signed a formal contract to buy the former Fox River Paper Co. mill in Housatonic, a deal that could bring good news to a regional paper industry that has suffered nothing but losses in the past year... read more »
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(USA) NewPage Corporation has announced that it has signed a preferred partner agreement with the Hewlett- Packard Company (HP) to expand the capabilities and advantages of the HP Indigo digital press solutions to even greater heights... read more »
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(Canada) Thermal Energy is pleased to announce it has entered into an agreement with a major North American integrated paper company for the development and delivery of a green energy supply program... read more »
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(Canada) A last-ditch bid by Asia Pulp and Paper to gain control of bankrupt Pope & Talbot's Fort St. James sawmill was brought to a halt in B.C. Supreme Court on Thursday, opening the way for a sale at a potentially higher price. read more »
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(Sweden) The Rottneros Group has signed an agreement to sell the debarking and chipping equipment at Utansjö Mill to Domsjö Fabriker AB. At the same time a rental agreement has been signed for the land and the buildings housing the debarking and chipping operation... read more »
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