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CINCINNATI--Jan 10,2018----The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared a quarterly dividend of $0.6896 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company...
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MEMPHIS, Tenn., Jan. 9, 2018 -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.475 per share for the period from January 1, 2018, to March 31, 2018, inclusive, on its common stock, par value $1.00. This dividend is payable on March 15, 2018, to holders of record at the close of business on February 21, 2018....
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Jan 3,2018---Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces it has acquired a 25% stake in Rengo Packaging Malaysia Sdn. Bhd. (RPM), a corrugated subsidiary located in Shah Alam near Kuala Lumpur, from Thai Containers Group Co., Ltd. Through this acquisition, RPM has been made a wholly-owned subsidiary of Rengo....
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MEMPHIS, Tenn., Jan. 2, 2018 --- International Paper (NYSE: IP) today announced that it has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. As a result of the transaction, Graphic Packaging has assumed $660 million of IP debt. IP now holds a 20.5% ownership interest in the subsidiary of Graphic Packaging that holds the assets of the combined business...
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LONDON, MILAN, Jan 2, 2018 – Bain Capital Private Equity, a leading global private investment firm, announced that it has signed a definitive agreement to acquire Fedrigoni, a leading global producer of specialty papers and self-adhesive labels. The Fedrigoni family will retain a minority stake in the business...
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Dec 23,2017---International technology Group ANDRITZ has received an order from Stora Enso Narew Sp. z.o.o., Poland, to supply an FRX shredder and a metal separator to the mill in Ostro??ka, Poland...
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Dec 23,2017---International technology Group ANDRITZ has received an order from Dongguan Jianhui Paper to install three FibreFlow drum pulping systems at the mill in Dongguan, Guangdong Province, China.Start-up is scheduled for the second quarter of 2018....
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Dec 22.2017---Juha Pilli-Sihvola (M.Sc. Econ.) is appointed CFO of Metsä Tissue Corporation as of 1 February 2018. He reports to CEO Petri Helsky and is a member of Metsä Tissue management team. Pilli-Sihvola is in charge of Metsä Tissue’s finance and control organization as well as ICT matters...
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MONTRÉAL, Dec. 22, 2017 --- Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the closing of a transaction to acquire the 49 percent equity interest held by The New York Times Company in Donohue Malbaie Inc. for a cash purchase price in the amount of C$20 million. Resolute already owned 51 percent of the shares of Donohue Malbaie...
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MISSISSAUGA, ONTARIO--Dec. 22, 2017 - KP Tissue Inc. ("KPT") (TSX:KPT) announced today that Mr. Mario Gosselin has decided to retire from his position as Chief Executive Officer of KP Tissue and Kruger Products L.P. ("KPLP") as of March 8, 2018, and that Mr. Dino Bianco will succeed him...
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Dec 22,2017---Duni subsidiary Rexcell Tissue & Airlaid AB will invest approximately 50 MSEK in upgrading the airlaid machine in Skåpafors, Sweden.The investment will increase the airlaid capacity at Rexcell by about 25% annually. The plan is to have the capacity upgrade installed during the second quarter of 2018. Duni’s airlaid material is utilized in producing Duni’s key napkin brands including Dunilin® and Dunisoft®...
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SAN DIEGO, Dec. 20, 2017 -- -EDF Renewable Energy (EDF RE) announced today that the 154 megawatt (MW) Rock Falls Wind Project (Project) has begun commercial operation. Kimberly-Clark Corporation (KMB) signed an agreement earlier this year with EDF RE for 120 MW of generation which marks Kimberly-Clark’s first utility scale use of renewable energy...
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VANCOUVER, Dec. 20, 2017 --- - Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) (OTCQX:FTPLF) reports that its wholly owned subsidiary, Fortress Security Papers AG ("FSP"), has entered into and completed a share purchase agreement with the Swiss National Bank ("SNB") and Orell Füssli Holding AG ("OF"), pursuant to which the Company sold the two legal entities representing their security paper products business comprised of all of the shares of its wholly owned subsidiaries, Landqart AG and Landqart Management and Services AG...
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UPM, Helsinki, Dec 20, 2017 --- On October 24, UPM announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, United States in response to overcapacities in the North American paper market. All related processes have now been completed, and paper machine 5 will be permanently closed latest on 30 December 2017....
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Dec 20, 2017---The new SIL pump range was developed to meet the process requirements in various general and industrial applications. It is designed for clean liquid processes, using Sulzer‘s long experience and in-depth pumping technology knowledge. ..
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Dec 20,2017---Norske Skog's operations will continue to run as normal. For employees, suppliers and customers, there will be no change, it will be business as usual. The bankruptcy of Norske Skogindustrier ASA is financial and concerns mainly shareholders and bondholders of Norske Skogindustrier ASA...
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Dec 18,2017---With the newly developed viscose fibre speciality Danufil® QR, Kelheim Fibres has mastered a challenge in the area of disinfection wipes. So far, the use of viscose fibres in these antiseptic wipes has posed a significant problem in spite of their excellent fluid handling properties: the fibres bind certain disinfectant substances which severely interferes with the wipes‘ function...
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Dec 19, 2017 ---Valmet will supply three Valmet IQ Moisturizer systems to Siam Kraft Industry Co., Ltd and Thai Cane Paper Public Co., Ltd. Both companies are under SCG Packaging in Thailand. Three moisturizers with moisture CD control will be installed at PM6 and PM7 at Wangsala mill and PM11 at Prachinburi mill. With the new solution, the mills will be able to improve the board quality on paper machines...
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Dec 19,2017---Updated estimates show that the investment costs for BillerudKorsnäs' new board machine in Gruvön may increase by approximately 20 percent compared to previously announced investment cost of a total of SEK 5.7 billion...
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WILMINGTON, Del. (USA) --- Dec 19,2017---Solenis, a leading global producer of specialty chemicals, will increase prices by up to 20 percent on some industrial water treatment chemicals as well as most polyacrylamide (PAM) products in Asia Pacific, effective immediately or as customer contracts allow. The price increase is necessary due to the increase in certain raw material costs combined with a tightening overall global supply chain....
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