BillerudKorsnäs has been included in one of the world’s most prestigious sustainability indices; Dow Jones Sustainability Europe Index. In addition, the company was named Sustainability Leader in the Containers & Packaging category. BillerudKorsnäs is the only European company in its…
WestRock Company has just announced it will settle $2.5 billion in pension obligations of the WestRock Company Consolidated Pension Plan (“Plan”). This transaction, which is expected to close in late September and is subject to closing conditions, will occur through…
Valmet has been included in the Dow Jones Sustainability Index (DJSI) for the third consecutive year and thus maintains its position among the world's sustainability leaders. Valmet was listed both in the Dow Jones Sustainability World and Europe indices. The…
Thursday, 08 September 2016 11:09

Resolute Enters Into New Credit Facilities

Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that it has entered into a new senior secured credit agreement with an aggregate lender commitment of up to $185 million. The agreement is comprised of a $46.25 million nine-year…
Sonoco-Alcore S.a.r.l. has just announced it will raise prices for paper-based tubes and cores by up to 8 percent, depending on product category, to all customers in Europe, effective from shipments beginning on October 1, 2016. "The increase follows a…
As Valmet announced by stock exchange release on February 20, 2015, Andritz Oy had filed an application for summons with the Stockholm District Court against Valmet AB, a subsidiary of Valmet, regarding alleged patent infringement. Andritz requested that the court…
Last modified on Thursday, 01 September 2016 15:58
As communicated in an earlier press release, the SCA Board of Directors plans to initiate work in order to propose to the Annual General Meeting 2017 to decide on a split of the Group into two listed companies in order…
Record demand from investors resulted in the final issue amount exceeding by 35% the initial offering by the Company, the world’s leading producer of eucalyptus pulp Fibria, the world’s leading producer of eucalyptus pulp, has just announced the closure of…
Technavio analysts forecast the paper manufacturing market in Bulgaria to grow at a CAGR of more than 12% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the paper…
Technavio’s latest report on the paper manufacturing market in Serbia provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly…
Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, has just announced that it plans to release its financial results for the second quarter of 2016 after the close of regular market trading on Tuesday,…
Highly De-levered Capital Structure Positions Verso to Successfully Compete and Profitably Grow Class A Common Stock Listed on NYSE; Trading to Begin on July 18, 2016 Verso Corporation (NYSE:VRS) has just announced that the company and its subsidiaries have emerged…
Emergence from Bankruptcy Expected by End of July Verso Corporation (OTCPink: VRSZ) has just completed another important step toward its emergence from bankruptcy when its Chapter 11 plan of reorganization was confirmed by the U.S. Bankruptcy Court in the District…
The decision of the United Kingdom to leave the European Union at some point in the next two years (seemingly sooner, rather than later) sent shock waves around the global economy on Friday and across the weekend. Given the shock…
BillerudKorsnäs has during June 2016 been exposed to serious external fraud of an advanced nature. The company has, despite rigorous control mechanisms, been deceived to make payments on the basis of false invoices. The situation was quickly identified by the…
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