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International Paper Completes Acquisition of Temple-Inland

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International Paper Company announced that it has completed its acquisition of Temple-Inland Inc. through the merger of its wholly owned subsidiary Metal Acquisition Inc. with and into Temple-Inland. Temple-Inland is now a wholly owned subsidiary of International Paper. Including the assumption of approximately $700 million in Temple-Inland net debt, the......
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Metso inaugurates new facilities in Brazil

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Metso has inaugurated its new facilities in Brazil on March 8, 2012. The new facilities, incorporating a machinery production and services unit and an administrative office, are situated in Araucária, a metropolitan area of Curitiba, in the state of Paraná. The facilities will reach full production capacity by June 2012.......

M-real to Discontinue Uncoated Fine Paper and Specialty Paper Production at Gohrsmuhle Mill

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M-real announced that it has decided to discontinue uncoated fine paper and “unprofitable” specialty paper production at its Gohrsmuhle mill in Germany. As a result of the measure, M-real’s annual uncoated fine paper capacity will be reduced by approximately 120,000 tons and specialty paper capacity by 70,000 tons. As many......