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Mar 3, 2017--Grupo Iberpapel's net profit amounted to €20.1 million in 2016, growth of 24.79% from 2015 (€16.11 million). EBITDA, meanwhile, was 12.95% higher year-on-year at €35.59 million (2015: €31.51 million)...
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BAODING, China, Mar 2, 2017 /-- Orient Paper, Inc. (NYSE MKT: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its unaudited preliminary results for the fourth quarter and the fiscal year ended December 31, 2016...
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LAKE FOREST, Ill.---Mar. 1, 2017-- Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $0.63 per share on its common stock. The quarterly dividend of $0.63 per share will be paid to shareholders of record as of March 15, 2017 with a payment date of April 14, 2017...
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Mar 2, 2017-- Valmet will supply an evaporation line to Sappi Southern Africa Limited to be built at the company's pulp mill in Ngodwana, South Africa. The new evaporation line 3 will replace the existing line 1, and will meet the future needs of the mill's ongoing pulp production capacity expansion, together with existing evaporation line 2 that was upgraded by Valmet in 2013...
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MEMPHIS, Tenn., Mar 1, 2017 -- Verso Corporation (NYSE: VRS), a leading North American producer of printing papers, specialty papers and pulp, today announced an increase in the brightness and whiteness of every product in its coated sheetfed and digital paper portfolios, and introduced Brilliantly Brighter, a new printed promotion showcasing these products...
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Mar 01,2017 --Stora Enso invests 70 MEUR in new polyethylene (PE) extrusion coating plant and an automated roll warehouse (ARW) at its Imatra mills in Finland. The Imatra complex, which comprises the Kaukopää and Tainionkoski mills, has a capacity of more than one million tons/yr of carton board and specialty packaging paper...
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DELAWARE, Ohio--Mar 01-- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced that its Board of Directors has declared quarterly cash dividends of $0.42 per share on its Class A Common Stock, and $0.63 per share on its Class B Common Stock...
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Feb 28,2017 --Finnish startup company Paptic Ltd is planning a paper machine investment to upscale the production of its patented PAPTIC material to industrial scale. The demand for PAPTIC material on the market allows for the company’s quick transition to industrial-scale production. Currently Paptic is negotiating the financing of the investment with a number of actors...
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Feb 28, 2017 --Valmet will supply a paper machine rebuild for Sappi Maastricht in the Netherlands. With the rebuilt paper machine 6 (PM 6), Sappi will be able to improve the existing graphical board products and move into producing high quality solid bleached board (SBB) and folding box board (FBB) grades. Today PM 6 is producing coated woodfree (CWF) paper grades. The start-up of the rebuilt machine is scheduled for early 2018...
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Feb 25,2017 --To further strengthen competitiveness and enable future growth in the tissue operations in Mexico, SCA has decided to invest about USD 105m (approx. SEK 950m) in one of the company’s facilities in the country. To strengthen its baby diaper product offering in Europe, SCA has also decided to invest about EUR 40m (approx. SEK 380m) in facilities in Europe...
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HARTSVILLE, S.C., Feb. 24, 2017 -- Cascades Sonoco, a joint venture of Sonoco Products Company (NYSE:SON) and Cascades Inc. (TSE:CAS) today announced the investment of approximately $16 million for the expansion of its existing Birmingham, Ala., facility. This investment in world-class water based coating technology will provide coated paper and paperboard substrates using its new FlexShield™, FluteSHIELD® and SurfSHIELD™ coating technology...
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Currency markets, not unfair trade, are devastating Maine's paper industry: http://bit.ly/2kOj1IZ
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MEMPHIS, Tenn., Feb. 22, 201 -- International Paper (NYSE: IP) announced the following senior leadership changes.Thomas J. Plath has been elected by the board of directors to become Senior Vice President, Human Resources and Global Citizenship, effective March 1, 2017. Mr. Plath joined International Paper in 1991, serving most recently as Vice President, Human Resources, Global Businesses...
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Feb 22, 2017--This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in or into Canada, Australia, Hong Kong, South Africa, Japan or any other country where such publication or distribution would violate applicable laws or rules or would require additional documents to be completed or registered or require any measure to be undertaken...
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Feb 22, 2017 --Pankaboard is proud to announce that the Swan Ecolabel has been granted for PankaMax in December 2016, after rigorous inspection of the production process and raw materials of the board...
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Feb 21,2017 --Maintenir Limited has been awarded the trade services maintenance contract for the Kinleith and Tasman Pulp and Paper Mills , located near Tokoroa and Kawerau and operated by Oji Fibre Solutions. Maintenir will provide the majority of the mechanical, electrical, instrumentation and stores services across the two main manufacturing sites, under a $40m plus long-term maintenance agreement from April 2017...
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Feb. 21, 2017--Nippon Paper Industries Co., Ltd. (President: Fumio Manoshiro; hereinafter, "the Company") has announced price revisions for printing paper and communication paper in the domestic market to all its agencies...
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Feb 20, 2017 --Papyrus AB has completed its previously announced acquisition of 100% of the shares in Procurator AB. The transaction was completed after approval of the Swedish Competition Authority. At the same time, RoosGruppen AB has become a shareholder in Papyrus together with private equity groups Altor Fund II and Triton Fund II. The purchase price has not been disclosed...
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Feb 20, 2017--Richmond, (BC) – Catalyst Paper has successfully launched a complete line of new lightweight flexible food packaging papers, branded LEAP, from their FDA-compliant Biron mill in Wisconsin...
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HARTSVILLE, S.C., Feb. 16, 2017 -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced it has signed a definitive agreement to acquire Peninsula Packaging Company for approximately $230 million in cash...
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