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Aug 21, 2017---There has been an encouraging trend in both divisions over the first six months of the 2017 financial year. The paper division is benefiting from the excellent reputation that its products enjoy on the market, with distribution focusing increasingly on the sale of high-margin speciality papers. Efficiency gains at the company's mills are also increasing profitability...
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Aug 15, 2017---Montreal, Quebec – After several months of laboratory work by the Research and Development team in Bordeaux France, Tembec has developed a very high viscosity cellulose grade. Just days ago, the production of this new grade, called Biofloc XV20, took place at the Tartas Specialty Cellulose mill in France. It is a tremendous success because a new world record for viscosity of a wood pulp was achieved...
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PURCHASE, N.Y., Aug. 15, 2017 -- Central National Gottesman Inc. (CNG), a leading sales and marketing organization in the pulp, paper, packaging, tissue, wood products and metal industries, announced today that its Spicers Paper Inc. entity has signed a definitive Purchase Agreement to acquire the business of JC Paper, based in Fremont, CA, expanding its paper distribution presence in Northern California and Nevada...
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VANCOUVER, BRITISH COLUMBIA-- Aug 14, 2017 -Fortress Paper Ltd. (TSX:FTP) ("Fortress Paper" or the "Company") reported 2017 second quarter operating EBITDA of $4.3 million, a decrease of $2.0 million relative to the comparative prior year period and a decrease of $3.2 million over the previous quarter...
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JACKSONVILLE, Florida and MONTREAL, Québec—Aug 11, 2017—Rayonier Advanced Materials Inc. (NYSE: RYAM) (“Rayonier Advanced Materials”) and Tembec Inc. (TSX: TMB) (“Tembec”) announced today that they received notification from the Anti-Monopoly Bureau of the Ministry of Commerce of the People’s Republic of China (often referred to as MOFCOM) that it has cleared, without condition...
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PORTLAND, Ore., Aug.10, 2017 -- The Association of Western Pulp and Paper Workers (AWPPW) Local 5 and Georgia Pacific (GP), wholly owned by Koch Industries, have been in contract negotiations for over 3 years, as the labor agreement expired May 31, 2014...
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NORTHBROOK, Ill., Aug. 10, 2017-- KapStone Paper and Packaging Corporation (NYSE: KS) (the "Company") today announced that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on October 12, 2017 to stockholders of record as of September 29, 2017...
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KINGSEY FALLS, QC, Aug. 10, 2017 --- Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended June 30, 2017.Sales of $1,130 million...
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Aug 11,2017---International technology Group ANDRITZ has received an order from Monalisa Co. Ltd., Seoul, South Korea, to supply the key components for a new sludge dewatering process to be installed at its tissue production line in Jeonju...
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Aug 10, 2017---Valmet has completed the annual shutdown of Klabin S.A. Monte Alegre paper mill in Brazil successfully. The agreement covered the entire shutdown project from planning and execution to a safe start-up. The shutdown took place between April 24 - May 5, 2017, and included close to 500 employees from Valmet and its sub-contractors....
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Aug 9,2017 -- Voith Paper, Huazhang Technology, Jianhui Paper and Jinzhou Paper reached an agreement to rebuild the headboxes and shoe presses of existing paper machines. Under this new contract, Voith Paper has been commissioned to rebuild the headboxes and shoe presses of Jianhui PM 3 and PM 4 as well as Jinzhou PM 3 and PM 4....
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KINGSEY FALLS, QC, Aug. 9, 2017 ---- Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue products, announces that it will close its packaging plant in Maspeth, New York, as part of the Corporation's modernization and optimization efforts in the Northeastern United States...
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MISSISSAUGA, ONTARIO--Aug. 9, 2017-- - KP Tissue Inc. (KPT) (TSX:KPT) reports the Q2 2017 financial and operational results of KPT and Kruger Products L.P. (KPLP). Kruger Products is Canada's leading manufacturer of quality tissue products for the Consumer market (Cashmere, Purex, SpongeTowels, Scotties, and White Swan) and the Away-From-Home market...
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MACON, GA, Aug. 9, 2017 --- Irving Consumer Products is pleased to announce the expansion of its United States business operations with the construction of a new $400 million state-of-the-art tissue plant in Macon, Georgia. The new plant will create over 200 jobs and allow the company to double its ThruAir Dry capacity, increasing it by 75,000 tonnes, the equivalent of 15 million cases...
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JACKSONVILLE, Fla. & MONTREAL----Aug. 9, 2017-- Rayonier Advanced Materials Inc. and Tembec Inc. (TSX: TMB) (“Tembec”) announced today that the Québec Superior Court issued a final order approving the previously announced statutory arrangement under Section 192 of the Canada Business Corporations Act (the “Transaction”) involving the acquisition by Rayonier Advanced Materials of all of the outstanding shares of Tembec…
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MIAMISBURG, Ohio, Aug. 9, 2017 -- Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2017, including net sales of $585 million, a net loss of $49 million, and adjusted EBITDA of $(4) million...
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STAMFORD, Conn., Aug. 8, 2017 -- Tronox Limited (NYSE: TROX) reported revenue of $622 million for the second quarter 2017, up 16 percent compared to $538 million in the second quarter 2016 and up 9 percent compared to $569 million in the first quarter 2017....
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DALLAS, TEXAS.Aug 7, 2017. Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $196.5 million, or $1.70 per share, in the second quarter of 2017 compared to net income of $1.7 million, or $.01 per share, in the second quarter of 2016. For the first six months of 2017, Kronos Worldwide reported net income of $233.3 million, or $2.01 per share, compared to a net loss of $2.1 million, or $.02 per share in the first six months of 2016....
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DALLAS, TEXAS - Aug 7, 2017 - Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of fifteen cents ($0.15) per share on its common stock, payable on September 21, 2017 to stockholders of record at the close of business on September 5, 2017...
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APPLETON, Wis., Aug. 7, 2017 -- Appvion recorded second quarter operating income of $5.1 million compared to operating income of $3.9 million for second quarter 2016. The improved earnings in second quarter 2017 were driven by volume growth for the Company's tag, label and entertainment (TLE) products and carbonless papers segment...
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