Pulp & Paper Industry News
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- Kimberly-Clark CEO Gets $10.6M in 2007
(USA) Kimberly-Clark CEO Thomas J. Falk received compensation that the company valued at $10.6 million for 2007, when the maker of Huggies diapers and Kleenex tissues raised profits 21 percent despite higher costs for pulp and energy...
1 Vote(s)
Sat, 08 Mar 2008 01:05:54 CST - Xante and SMART Papers Team Up to Create Unique Opportunities for Printing Double Thick Cover on Digital Color Press
(USA) Xanté and SMART Papers have teamed up to offer an extensive collection of SMART Papers' premium heavy stock and specialty papers for use on the new Xanté Ilumina® 502 digital color press...
1 Vote(s)
Sat, 08 Mar 2008 01:03:53 CST - Kimberly-Clark Makes Changes in Management Team
(USA) Kimberly-Clark has announced that Steve Kalmanson (55), Group President of the company's North Atlantic Consumer Products business, is retiring following a more than 30-year career with the company. He will be replaced by Robert Abernathy, current Group President...
1 Vote(s)
Fri, 07 Mar 2008 06:26:17 CST - Talks Between Pulp and Paper Union and AbitibiBowater Break Off
(Canada) Talks between forestry workers and newsprint giant AbitibiBowater broke off Thursday, with the union accusing the company of trying to wring pension concessions from workers as it seeks to lower operating costs.
1 Vote(s)
Fri, 07 Mar 2008 05:39:09 CST - Weyerhaeuser Announces Closure of Green Mountain Sawmill
(USA) Weyerhaeuser has announced that it has accelerated plans to permanently close its Green Mountain Sawmill in Toutle, Wash. due to weak demand for wood products...
1 Vote(s)
Fri, 07 Mar 2008 05:36:29 CST - KapStone Paper and Packaging to Release Q4 and Full Year 2007 Earnings on March 14, 2008
(USA) KapStone Paper and Packaging Corporation, a leading North American producer of kraft paper and inflatable dunnage bags, will release its fourth quarter and full year 2007 earnings after the financial markets close on Friday, March 14, 2008...
1 Vote(s)
Thu, 06 Mar 2008 13:08:09 CST - Portuguese Paper and Pulp Maker Portucel to Boost Exports
(Portugal) Portuguese paper and pulp maker Portucel has said that it expects to boost revenue from exports to 1.280 billion euros ($1.95 billion) by 2010 from 950 million last year as it begins operations at a new paper mill. Portucel, one of Europe's top five producers of uncoated wood-free paper
1 Vote(s)
Thu, 06 Mar 2008 12:57:28 CST - Kadant Receives Contract of over $4.0 Million for OCC Stock Preparation System in Asia
(USA) Kadant has announced that it has been awarded a contract with a value of over $4 million from a leading producer in Asia for an OCC stock preparation system to produce linerboard. This pending order, which is scheduled for delivery in late 2008, will be recorded as an order...
1 Vote(s)
Thu, 06 Mar 2008 12:54:19 CST - Caraustar to Present at the Lehman Brothers High Yield Bond and Syndicated Loan Conference
(USA) Caraustar has announced that Ronald J. Domanico, senior vice president and chief financial officer, will be presenting an overview of the company at the Lehman Brothers High Yield Bond and Syndicated Loan Conference in Orlando, FL on Thursday, March 13, 2008...
1 Vote(s)
Thu, 06 Mar 2008 11:43:20 CST - Wisconsin Governor Seeks Nominations for Pulp and Paper Energy Efficiency Award
(USA) Governor Jim Doyle has announced that nominations are being sought for the 2008 Pulp and Paper Energy Efficiency Award, an award recognizing the Wisconsin pulp and/or paper mill that best shows outstanding achievement in implementing an energy efficiency project...
2 Vote(s)
Thu, 06 Mar 2008 08:58:31 CST - Fortress Paper Earns $2.3 Million Profit in Q4 2007
(Canada) Fortress Paper, a Vancouver-based maker of passport and other specialty papers, which operates in Europe, reports a net profit of $2.3 million for the fourth quarter on sales of $37.5 million...
1 Vote(s)
Thu, 06 Mar 2008 08:51:26 CST - Boise Cascade Now a Publicly Traded Company
(USA) A slimmed-down version of Boise Cascade Inc. is making a comeback as a new publicly traded company called Boise Inc. Boise shares have begun trading on the New York Stock Exchange using the stock symbol BZ. Shares finished Monday at $7.62, down 53 cents on the day.
1 Vote(s)
Thu, 06 Mar 2008 08:49:06 CST - Stora Enso Divests Its Merchant Business Papyrus to Altor
(Finland) Stora Enso has signed an agreement to sell its merchant business Papyrus to Altor Fund II for an enterprise value of approximately EUR 640 million. The transaction consideration consists of approximately EUR 490 million in cash, approximately EUR 93 million of net liabilities assumed...
1 Vote(s)
Thu, 06 Mar 2008 01:38:58 CST - Rock-Tenn Completes Acquisition of Southern Container Corp.
(USA) Rock-Tenn Company has announced that it has completed its previously announced acquisition of Southern Container Corp. Southern Container manufactures containerboard and corrugated packaging and is believed to have one of the lowest system costs and the highest EBITDA margins...
1 Vote(s)
Wed, 05 Mar 2008 11:13:41 CST - Graphic Packaging and Altivity Packaging Combination Approved by U.S. Department of Justice
(USA) Graphic Packaging Corporation (NYSE: GPK) and Altivity Packaging, LLC have announced that they have reached an agreement with the United States Department of Justice that will allow completion of their combination...
1 Vote(s)
Wed, 05 Mar 2008 11:10:59 CST
