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U.S. Printing-Writing Paper Shipments Down

admin
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....

Black liquor to Biofuel technology

admin
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...

Lee & Man Paper cancelled delivery of PM 17

admin
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....