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(Finland) Metso has received regulatory approval to acquire a 75 per cent ownership in its Chinese joint venture Valmet-Xi'an Paper Machinery Co. Ltd. The value of the share transactions, which were finalized in September, is approximately EUR 5 million... read more »
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(USA) Impreso which through its subsidiaries is involved in the manufacture and distribution of paper and imaging products for commercial and home office applications has announced it settled a lawsuit filed with Asia Pulp & Paper Trading (USA), Inc... read more »
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(EU) Mondi Group, the packaging and paper manufacturer, has won European Union approval to buy two mills used to make specialty papers and films in Europe and two processing plants from Loparex Group BV. read more »
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(Canada) Workers at the Mackenzie pulp mill in northern B.C. gained renewed hope Friday that a buyer can come along this summer and buy their shut-down operation... read more »
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(Belgium/EU) The European Commission fined a group of chemicals companies 79 mn euros (122 mn dollars) on Wednesday for running an illegal cartel in the market for bleaching paper and pulp... read more »
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(Finland) European Commission has approved the sale of M-real's Reflex mill to Arjowiggins with the condition that Arjowiggins divests the Reflex carbonless and digital imaging businesses to a third party within 180 days time... read more »
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(USA) KapStone Paper and Packaging has reported that KapStone Paper and Packaging Corporation ("KapStone") was notified on May 5, 2008 by the Federal Trade Commission that early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976... read more »
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(USA) Weyerhaeuser Company (NYSE:WY) has announced the early termination of the Hart-Scott-Rodino review process of the company's sale of its Containerboard Packaging and Recycling business to International Paper (NYSE:IP) for $6 billion in cash... read more »
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(USA) The U.S. Department of Justice has concluded its Hart-Scott-Rodino review of International Paper's (NYSE: IP) announced acquisition of Weyerhaeuser's containerboard packaging and recycling business. Regulatory reviews in several other countries are ongoing... read more »
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(USA) Before beginning his shift on the kiln monitor at the Weyerhaeuser Company, Larry Trotter filled out his time card before he started working. He was fired when he left early without correcting the time sheet. But Trotter claims the termination was really an act of retaliation... read more »
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(Finland) Stora claims UPM threatened to sack employees making adverse statements. read more »
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(USA) A Jefferson County paper company is facing lawsuits for nearly $290,000 in alleged debts. The former Halltown Paperboard Co., now known as the Ox Paperboard Co., allegedly owes three separate companies several thousand dollars in unpaid bills for purchased paper products and other services. read more »
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(Belgium) The European Commission said the deadline for its in-depth inquiry into French carbonless and fine paper producer Arjowiggins' proposed acquisition of peer M-real Zanders' Reflex mill in Duren, Germany has been extended to May 23 from April 28. read more »
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(USA) Marcal Paper Mills Inc. is facing a slew of objections to its proposed sale next week to lender NexBank SSB at a bankruptcy court auction... read more »
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(Russia) Russia's environmental watchdog has raised the sum of a lawsuit against the Baikal pulp mill from $19.2 million to $129.3 million. read more »
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