www.pulp-paperworld.com - Financial News
Friday, 17 December 2010 11:46
The wood chip cost discrepancy between pulp mills in Western and Eastern Canada was the lowest it has been in 10 years
The wood chip cost discrepancy between pulp mills in Western and Eastern Canada was the lowest it has been in 10 years in the 4Q/10, reports the North American Wood Fiber Review Over the past 20 years, pulp mills in Eastern Canada have consistently had higher…
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Wednesday, 15 December 2010 11:04
Stora Enso refinances its revolving credit facility
Stora Enso has signed a new EUR 700 million committed credit facility agreement with a syndicate of 16 banks, refinancing the existing EUR 1 400 million facility. The new facility matures in January 2014, and will be used as a…
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Monday, 13 December 2010 10:33
Approval of share subscriptions with stock options
Pursuant to Pöyry PLC's stock option programme 2004, 63 792 new shares of the company have been subscribed since 27 October 2010 with stock options 2004B. The Board of Directors of Pöyry PLC has approved these subscriptions in its meeting…
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Friday, 10 December 2010 11:00
AbitibiBowater Emerges from Creditor Protection
AbitibiBowater is pleased to announce that it has successfully completed its reorganization and has emerged from creditor protection under the Companies' Creditors Protection Act (or "CCAA") in Canada and chapter 11 of the U.S. Bankruptcy Code (or "chapter 11"). "Through…
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Thursday, 09 December 2010 11:27
DS Smith Plc - 2010/2011 Half year Results
DS Smith Plc (“DS Smith”), the international supplier of recycled packaging for consumer goods and office products wholesaling business, announces its results for the six months to 31 October 2010. Miles Roberts, Group Chief Executive, said: “These results reflect the…
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Monday, 06 December 2010 07:00
European sawmills’ profitability is being squeezed by high log costs and declining lumber prices, reports the Wood Resource Quarterly
Sawlog costs in Europe have gone up more than lumber prices the past year, reports the Wood Resource Quarterly. With the expected decline in lumber consumption, many sawmills in Europe are considering reductions in their operating rates. As a consequence, prices for sawlogs are likely…
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Friday, 03 December 2010 09:00
The Global Forest Industry This Quarter, an update from the Wood Resource Quarterly
Global sawlog prices have trended upward in almost all regions of the world for the past two years. After a temporary drop in the 2Q, the Softwood Wood Fiber Price Index (SFPI) increased again in the 3Q to the highest…
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Monday, 22 November 2010 08:16
Wood fiber costs for the global pulp industry in the 3Q/10 were close to the highest level in two years
Wood fiber costs for the global pulp industry in the 3Q/10 were close to the highest level in two years, reports the Wood Resource Quarterly The cost for wood fiber accounts for almost 60 percent of the total production costs when manufacturing pulp. Both…
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Monday, 08 November 2010 11:00
Favorable business development of the ANDRITZ GROUP in the first three quarters of 2010
International technology Group ANDRITZ showed a favorable business development in the first three quarters of 2010. In particular, sales, earnings, and profitability rose substantially in the third quarter of 2010, with order intake and order backlog also showing an increase…
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Wednesday, 27 October 2010 16:00
M-real's operating result excluding non-recurring items for the third quarter of 2010 EUR 54 million
Result for January-September 2010 * Sales EUR 1,940 million (Q1-Q3/2009: 1,826) * Operating result excluding non-recurring items EUR 136 million (-157). Operating result including non-recurring items EUR 150 million (-215) * Result before taxes excluding non-recurring items EUR 72 million…
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Tuesday, 26 October 2010 11:33
Ahlstrom announces specified long-term financial targets
Ahlstrom Corporation's Board of Directors has today approved specified long-term financial targets for the Group, supporting its profitable growth strategy. The Group's minimum target on return on capital employed remains at 13 percent over the cycle and Ahlstrom's objective is…
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Friday, 22 October 2010 13:00
Rottneros: Interim report January - September 2010
(For table, see attached file) * Profit after net financial items amounted to SEK 125 (-69) million for the period January to September 2010. Operating profit amounted to SEK 123 (-172) million for the first nine months of 2010. Profit…
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Friday, 22 October 2010 11:00
Sonoco Reports Strong Third Quarter 2010 Results; Quarterly Base Earnings Reach Record
Sonoco, one of the largest diversified global consumer and industrial packaging companies, today reported strong third quarter 2010 results with sales and earnings significantly exceeding prior year results. Highlights Third quarter 2010 GAAP earnings per diluted share were $.57, compared…
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Friday, 22 October 2010 10:00
Södra's interim report for the January-September 2010 period
The gross price for softwood pulp in January - September 2010 was SEK 6,776 per tonne (4,854) and for hardwood pulp SEK 6,148 per tonne (4,126). On Friday 15 October, corresponding prices were SEK 6,338 per tonne for long fibre…
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Thursday, 21 October 2010 07:59
UPM will publish interim report for January-September 2010 on 28th October 2010
UPM will publish its Interim Report for January-September 2010 on Thursday 28th October 2010 at 09:30-10:00 Finnish time (07:30-08:00 London time, 02:30-03:00 EST). The report will be available on the company's website at www.upm.com after publishing. UPM's President and CEO…
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