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July 31,2017 --As announced on 14 July 2017, the ad hoc committee of holders of the EUR 290 million senior secured notes (such notes being the "SSNs" and the committee, the "SSN AHC") and the holders of the EUR 100 million NSF loan notes due 2020 (the "NSF"), who hold approximately 46 per cent. of the group's financial indebtedness (excluding local facilities), have provided Norske Skog with a recapitalization proposal...
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SEATTLE, July 28, 2017-- Weyerhaeuser Company (NYSE: WY) today reported second quarter earnings from continuing operations of $24 million, or 3 cents per diluted share, on net sales of $1.8 billion. This compares with earnings from continuing operations of $130 million, or 16 cents per diluted share, on net sales of $1.7 billion for the same period last year. Adjusted EBITDA for the second quarter was $506 million compared to $413 million for the second quarter of last year...
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ATLANTA, July 28, 2017 -- Graphic Packaging Holding Company's (NYSE: GPK) Board of Directors declared a quarterly dividend of $0.075 per share. The dividend is payable on October 5, 2017 to shareholders of record at the close of business on September 15, 2017...
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FORT MILL, S.C.--July 28, 2017--Domtar Corporation (NYSE: UFS) (TSX: UFS) today reported net earnings of $38 million ($0.61 per share) for the second quarter of 2017 compared to net earnings of $20 million ($0.32 per share) for the first quarter of 2017 and net earnings of $18 million ($0.29 per share) for the second quarter of 2016. Sales for the second quarter of 2017 were $1.2 billion...
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CINCINNATI--June 28,2017--The Procter & Gamble Company (NYSE: PG) reported April - June 2017 quarter net sales were $16.1 billion, unchanged versus the prior year period including a negative two percentage point impact from foreign exchange. Organic sales increased two percent for the quarter driven by a two percent increase in organic shipment volume...
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MIAMISBURG, Ohio, July 27, 2017 -- Verso Corporation (NYSE: VRS), a leading producer of flexible packaging, technical, and label and converting papers, today announced the release of two printed Specialty Paper guides titled "Release Liner Paper Selector" and "Pressure Sensitive Facestock Paper Selector....
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NEW YORK, July 27, 2017 -- Mercer International Inc. (Nasdaq:MERC) (TSX:MERC.U) today reported results for the second quarter ended June 30, 2017. Operating EBITDA* in the second quarter of 2017 increased by approximately 13% to $39.1 million from $34.7 million in the same quarter of 2016 but declined from $60.2 million in the prior quarter...
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YORK, Pa.--July 27, 2017-- Glatfelter, a global supplier of specialty papers and engineered materials, today announced several cost reduction measures in its Specialty Papers Business Unit...
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LAKE FOREST, Ill.---Jul. 26, 2017-- Packaging Corporation of America (NYSE: PKG) today reported second quarter 2017 net income of $143 million, or $1.52 per share and $1.52 per share excluding special items. Second quarter net sales were $1.6 billion in 2017 and $1.4 billion in 2016....
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MONTREAL, July 26, 2017 - Consolidated sales for the three-month period ended June 24, 2017, were $419 million, as compared to $376 million in the same quarter a year ago. The Company generated net earnings of $17 million or $0.17 per share in the June 2017 quarter compared to net earnings of $9 million or $0.09 per share in the June 2016 quarter...
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VANCOUVER, July 26, 2017 - Canfor Pulp Products Inc. (TSX:CFX) announced today that it plans to undertake capital projects at its Northwood Northern Bleached Softwood Kraft ("NBSK") Pulp mill located in Prince George, British Columbia ("BC"), and its Bleached Chemi-Thermo Mechanical Pulp ("BCTMP") mill located in Taylor, BC...
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July 26, 2017 ---Stora Enso has today signed an agreement to divest its 35% holding in the equity accounted investment Bulleh Shah Packaging Ltd. (BSP) to the main owner Packages Ltd. The transaction is expected to be completed in the third quarter of 2017...
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São Paulo – July 26,2017---Fibria, a Brazilian company and the world’s leading producer of eucalyptus pulp from planted forests, posted net revenue of R$2.775 billion in the second quarter of 2017, representing growth of 34% on the first quarter of the year. Compared to the second quarter of 2016, net revenue grew by 16%...
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MONTRÉAL, July 25, 2017 - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the appointment of Patrice Minguez as president of the company's tissue group. This is a new role, reporting to Richard Garneau, president and chief executive officer...
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July 25, 2017 ---This release is a summary of Ahlstrom-Munksjö’s’ half-year financial report January-June 2017. The complete report is attached to this release as a pdf-file. It is also available at www.ahlstrom-munksjo.com.In this half-year 2017 report, the January-June 2017 figures as well as all comparison figures are presented on a pro forma basis to illustrate the financial impact of the merger between Ahlstrom and Munksjö as if it had been completed at the beginning of 2015...
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July 25,2017 --Performing even better with state-of-the-art technology and thereby increase our competitive edge – this is an essential cornerstone of our corporate strategy. At our mill in Eerbeek, the Netherlands, we have invested in a new film press and therefore in quality improvement, performance and product development possibilities...
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HARTSVILLE, S.C., July 24, 2017 -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced it has completed the acquisition of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic packaging films, for approximately $170 million in cash...
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GREEN BAY, Wis. — July 24, 2017 — Paper Converting Machine Company (PCMC) — a division of Barry-Wehmiller and supplier of high-performance converting machinery for the tissue, nonwovens and package-printing industries worldwide — is pleased to announce that Steve Schubring has joined the organization as the Value Stream Leader of tissue packaging...
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JACKSONVILLE, Fla. & MONTREAL---July 24,2017-Rayonier Advanced Materials Inc. (“Rayonier Advanced Materials”) (NYSE: RYAM) and Tembec Inc. (“Tembec”) (TSX: TMB) today announced that they have entered into an amendment to the arrangement agreement (as amended, the “Amended Arrangement Agreement”) under which Rayonier Advanced Materials has agreed to acquire Tembec...
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JACKSONVILLE, Fla.----Jul. 21, 2017-- Rayonier Inc. (NYSE:RYN) announced today that the company’s board of directors has declared a third quarter cash dividend of $0.25 per common share. The dividend is payable on September 29, 2017, to shareholders of record on September 15, 2017...