(USA/Norway) In June 2004, Norske Skogindustrier ASA and Norske Skog USA Inc ("Norske Skog") was named as a defendant in 34 class action antitrust suits in federal courts, in a few state cases and in an individual federal case brought in the United States...
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(Europe) All cigarettes sold in Europe will soon have to be made with fire-retardant paper that slows burning and extinguishes the cigarette if it is left unattended, European Union officials said...
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Posted by zhao7 1641 days ago
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(Canada) Domtar won a multi-million dollar judgment by the Supreme Court of Canada in a claim against ABB Inc. and Alstom Canada Inc. In a unanimous decision rendered on November 22, 2007 the Court ordered ABB Inc. and Alstom Canada Inc. to pay Domtar approximately C$ 38.7 million in damages...
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(Canada) Pope & Talbot, which is under court protection from its creditors, had its case moved from Ontario to British Columbia on Monday after a request by the B.C. government.
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Posted by zhao7 1653 days ago
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(USA/Finland) UPM, named as a defendant in multiple class-action lawsuits raised against magazine paper and labelstock manufacturers in the United States, has now agreed to settle the class-action lawsuits raised by direct purchasers of magazine paper and labelstock.
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(USA/Canada) The complaint alleges that the acquisition would substantially reduce competition for the production, distribution, and sale of newsprint in the United States. Specifically, the Complaint alleges that the merger would enhance the merged firm's ability and incentive to reduce their...
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(Australia) AMCOR has made sensational new allegations against a few of the five former executives whose resignations in 2004 triggered raids on their homes and offices and led ultimately to the packaging company alerting authorities about its involvement in a cartel with rival Visy...
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(UK/Finland) Antalis International, a subsidiary of Sequana Capital won conditional permission from the European Commission on Wednesday to buy Map Merchant Group for 382 million euros ($543 million). Map is a unit of fine paper maker M-real of Finland.
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(USA) The Federal Trade Commission provided antitrust approval to Aldabra 2 Acquisition Corp. to acquire Boise Cascade LLC. The FTC approved acquisition of Boise’s paper, packaging and transportation divisions for about $1.625 billion. The deal is expected to be completed in early 2008.
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(USA) U.S. Sen. Susan Collins will testify tomorrow before the International Trade Commission on whether the governments of China, Korea, and Indonesia have illegally subsidized their paper industries, which have adversely affected paper manufacturing in Maine and throughout the nation...
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(USA) Aldabra 2 Acquisition Corp has received U.S. antitrust approval to acquire paper and packaging assets from Boise Cascade LLC, U.S. officials said on Wednesday. Antitrust authorities completed their review...
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(Australia) Plans by timber company Gunns to build Australia's biggest pulp mill in Tasmania's Tamar Valley have been approved by both the federal and state governments, but the fight to stop the project is far from over...
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(Australia) Visy group chairman Richard Pratt has again apologised for his packaging and paper company's involvement in price fixing with rival Amcor in the A$2 billion ($2.4 billion) cardboard market...
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