March 2009 - Page 2 of 3 - Papermart
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Month : March 2009

Sappi successfully concludes its acquisition of M-real's coated graphic paper business

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Sappi Limited, the leading producer of coated fine paper and chemical cellulose, announced that it had completed the acquisition of the coated graphic paper business of M- real, a Finnish board and paper manufacturer, for Euro 750 million ($1.1 billion), subject to purchase price adjustments for net debt and working capital. M-real's coated graphic paper business (other than in respect...

European mechanical Papers demand rises

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The Association of European Publication Paper Producers, CEPIPRINT, issued its monthly summary of European mechanical paper statistics. European Newsprint demand was up 10.6% (96,000 tons) compared to the same month last year. As a result, total European shipments increased by 6.6% (65,000 tons) largely due to a rise in domestic shipments, which were up 8.1% (70,000 tons)....

Alternative Usages of Bagasse in Australia

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The Australian sugar industry is beginning to use bagasse, the cane fibre left after milling, for things other than fuel for the mill boilers. The Proserpine Co-operative Sugar Milling Association last year began adding it to mill mud and boiler ash and composting it, with the resultant product going to Qatar in the Persian Gulf where the Government is attempting...

Domtar to permanently reduce paper manufacturing capacity at its North Carolina mill

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Domtar Corporation announced that it will permanently reduce its fine paper manufacturing at its Plymouth, North Carolina mill, by shutting down one of the two paper machines comprising the mill's fine paper production unit. This will result in the curtailment, at the end of February 2009, of 293,000 short tons of the mill's uncoated freesheet production capacity. Domtar plans to...