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DELAWARE, Ohio--June 8,2016- 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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MONTRÉAL, June 7, 2016 - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the temporary closure of its Kénogami (Quebec) supercalendered paper mill from June 23 to July 4, 2016...
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MEMPHIS, Tenn., June 6, 2016-- Verso Corporation (OTCPink: VRSZQ) announced today that David J. Paterson, the President and Chief Executive Officer and a director of the company, will become the Chairman of the Board of Verso immediately upon its emergence from its pending Chapter 11 bankruptcy proceeding...
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WILMINGTON, Del. – June 6,2016-- Effective June 3, 2016, Solenis, through its Australia subsidiary Solenis Australia Pty Limited, completed the acquisition of the business assets of Nuplex Pulp & Paper from Nuplex Industries Australia Pty Limited, an exclusive distributor and technology licensee of Solenis pulp and paper products within Australia and New Zealand...
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Madawaska, ME (June 6, 2016) – Twin Rivers Paper Company Limited announced today that it will invest approximately $12 million at its Madawaska facility as part of a strategic realignment to focus on growth-oriented market segments and maximize productivity...
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VANCOUVER, BRITISH COLUMBIA--(June 6, 2016) - Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) is pleased to announce that its wholly-owned subsidiary Landqart AG ("Landqart") has entered into a purchase agreement (the "Purchase Agreement") with GAM Investment Management...
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HELSINKI--June 06, 2016--Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND)...
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CINCINNATI--June 2,2016--The Procter & Gamble Company (NYSE:PG) today announced that David S. Taylor has been appointed Chairman of the Board, effective July 1, 2016. Taylor assumes the position in addition to his role as President and CEO following the retirement of current Executive Chairman A.G. Lafley, who was named as Chairman, President and CEO in 2013...
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June 2,2016 --Trading profit from the rest of Africa of R462 million, up 45%, now 47% of group trading profit, up from 38% in 2015.
Glass operation turned around, delivers a profit of R44 million.R1.7 billion to be raised through sale and lease back of South African property ...
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MEMPHIS, Tenn., June 2, 2016-- Verso Corporation (OTCPink: VRSZQ), a leading producer of flexible packaging, technical, and label and converting papers, today introduced GlazeGuard™, a family of lightweight uncoated machine-glazed papers designed for demanding oil and grease resistant (OGR) foodservice applications...
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June 1, 2016--Stora Enso has signed an agreement to divest its Kabel coated mechanical paper mill in Germany to Hagen-Kabel Pulp & Paper GmbH, owned by a German based investor group. The transaction is in line with Stora Enso’s strategic transformation into a renewable materials growth company...
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June 1,2016 --A.Celli Paper, specialised supplier of high-technology turnkey tissue plants, has recently finalised an important rebuilding order with Essel Selüloz ve Kâ??t Sanayi Tic. A.?., a Turkish company that already in 2005, for the inauguration of the first of its two facilities, recognised in the Lucca company a provider of excellence capable of fostering its growth...
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June 1,2016 --The Toscotec supplied AHEAD-1.5M tissue line came on stream on 29th April, 2016, well in advance to schedule at Syassky Pulp and Paper mill in Syasstroy, in the Leningrad region of Russia. The delivery agreement of the tissue machine was signed by Syassky PPM and Toscotec in December 2014...
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May 31,2016 --Fibria, the global leader in eucalyptus pulp production, has concluded modernization of the recovery boiler at unit B, one of the three units at the industrial complex located in Aracruz, Espírito Santo. The modernization process, which was executed during March and completed in April, received investments of R$45 million and involved around 750 workers, including the planning and execution team, at its height...
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May 31,2016 --AR Packaging announced today that funds advised by CVC Capital Partners have signed a binding agreement to acquire ÅR Packaging Group AB. Under the terms of the transaction, CVC will acquire 100% of the company from its current owners, Ahlstrom Capital and Accent Equity...
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May 30, 2016 --Valmet will supply an extensive board machine rebuild and automation solution for machine and quality control to the ITC Bhadrachalam mill in India. The rebuilt production line (PM1) is planned to produce high-quality lightweight coated board with a wide range of produced grades. The start-up of the rebuilt machine is scheduled for the fourth quarter of 2017...
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MADAWASKA, Maine---Lightweight specialty paper and dimensional lumber manufacturer, Twin Rivers Paper Company, announces the appointment of John Reichert to the position of Chief Operating Officer...
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MEMPHIS, Tenn., May 26, 2016 -- Verso Corporation (OTCPink: VRSZQ) announced today that the bankruptcy court presiding over Verso's Chapter 11 bankruptcy proceeding yesterday authorized Verso to reject a specialty paper supply contract with Expera Specialty Solutions..
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May 26,2016--Constantia Flexibles Group has agreed to sell its non-core folding carton activities in Mexico, Aluprint Plegadizos, to Mexican company Grupo Gondi for an undisclosed amount...
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May 25, 2016 --mutares AG (ISIN: DE000A0SMSH2) acquires the French core board manufacturer Sonoco Paper France from Sonoco Products Company. In 2015, the company generated a turnover of EUR 32m with 73 employees...
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