Caraustar announces closure of Richmond paperboard mill; idling of Carolina paperboard mill

adminJanuary 20, 2009

January 20, 2009

Caraustar announced the permanent closure of its Richmond Paperboard mill in Richmond, Virginia, effective December 11, 2008. The Richmond mill is an uncoated recycled boxboard (URB) manufacturing facility with annual capacity of 49000 tons....

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U.S. Printing-Writing Paper Shipments Down

adminJanuary 20, 2009

January 20, 2009

According to the American Forest & Paper Association's October 2008 Printing-Writing Report, total printing writing paper shipments decreased 12.7% in October compared to October 2007, while the month of August witnessed a decline of 11.2%. U.S. purchases of printing writing papers dropped 14.1% in October versus year-ago. Total printing-writing paper inventory levels remained essentially flat, decreasing 300 tons from September....

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Black liquor to Biofuel technology

adminJanuary 20, 2009

January 20, 2009

Sweden's Chemrec, which is working on gasification technology to turn the byproduct from paper and pulp mills into biofuels and biochemicals, says it has raised $20 million to bring its technology to commercialization. The Series C round was led by Environmental Technologies Fund and included existing investors Silicon Valley venture firm VantagePoint Venture Partners and Volvo Technology Transfer, the investment...

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Metso acquires flash drying technology from Nilsen Engineering

adminJanuary 20, 2009

January 20, 2009

Metso and Nilsen Engineering have signed a purchase agreement regarding Nilsen Engineering's flash drying technology. The value of the purchase agreement is not disclosed. The acquired technology will be integrated into Metso's Fiber business line....

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Metso to supply complete tissue line to SCA Mexico

adminJanuary 19, 2009

January 19, 2009

Metso will supply a complete tissue production line to SCA Mexico. The line includes an Advantage DCT 200TS tissue machine and will be installed at a greenfield tissue mill in Ciudad Sahagún, Hidalgo State, close to Mexico City. Start-up is planned for the fourth quarter of 2010....

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Eka Chemicals to reduce sodium chlorate production capacity

adminJanuary 19, 2009

January 19, 2009

Eka Chemicals, AkzoNobel´s Pulp and Paper Chemicals business unit, will reduce the production capacity of sodium chlorate to meet shrinking market demand....

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Lee & Man Paper cancelled delivery of PM 17

adminJanuary 19, 2009

January 19, 2009

Lee & Man Paper Co. has cancelled the order placed with Metso to supply the new PM 17 kraftliner board machine to their Hongmei mill in Guangdong province, China. The decision is based on the recent, significant changes in the market situation. The payments already received completely cover all of Metso's costs and expenses for the project....

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Metsa-Botnia may close Kaskinen pulp mill

adminJanuary 19, 2009

January 19, 2009

Metsa-Botnia, which is jointly owned by the Metsaliitto Group and UPM, has announced that it is considering the closure of its pulp mill in Kaskinen in 2009. Another option would be a temporary shutdown of production at the Kaskinen mill during the first quarter of 2009....

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Ahlstrom announces further restructurings & capacity reduction

adminJanuary 19, 2009

January 19, 2009

Ahlstrom Corporation announced that it will take further restructuring measures in order to adjust its operations to the weakening demand. The company is planning plant closures in Italy and temporary and permanent layoffs worldwide....

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AbitibiBowater cutting one million tons of capacity

adminJanuary 19, 2009

January 19, 2009

AbitibiBowater Inc. announced several actions aimed at creating a more flexible and responsive operating platform, addressing ongoing volatility in exchange rates, energy and fiber pricing, as well as structural challenges in the North American newsprint industry. These efforts are a continuation of the Company's comprehensive strategic review....