MeadWestvaco Corp. announced a series of broad actions that will address the current economic challenges, and also enable the company to capture the highest-value opportunities in targeted global packaging end markets....
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...
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)....
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...
The new Metso StreamLine Pro wrapping and handling system went into production on December 1, 2008 at the NewPage Wickliffe, Kentucky mill, in the USA....
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...
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...
Henan Puyang Longfeng Paper Co., Ltd. in Puyang City, China's Henan province, started the production successfully on their lightweight-coated papermaking line on December 30, 2008. This new line produces close to 1,000 tons of printing and writing paper grades daily....
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....