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Stora Enso divests Summa Mill premises in Finland for EUR 40 million

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Stora Enso has signed an agreement to sell the buildings and most of the Summa Mill site in Finland to Google Group of Companies for approximately EUR 40 million. The sale is expected to close by the end of the first quarter 2009. The transaction will improve operating profit by approximately EUR 38 million, of which approximately EUR 15 million...
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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...
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MWV BILT & Partner to Bring Planning and Organizational Solutions to the Indian School and Office Products Industry

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MWV Consumer & Office Products, a leading manufacturer of planning and organizing tools, office products and school supplies, is partnering with Ballarpur Industries Limited (BILT) to distribute MWV Consumer & Office Products market-leading brands, including Five Star®, Day Runner® and Cambridge®, to retail and business- to-business customers throughout India....