Sonoco-Alcore S.a.r.l. has just announced it will raise prices by €40 per tonne on all recycled paperboard grades sold in the Company's Italian region. The price change is effective with shipments on or after June 6th, 2016. "This price increase…
Verso is Ready to Accept and Fulfill Specialty Paper Orders for Customers Verso Corporation has just announced that the bankruptcy court presiding over Verso's Chapter 11 bankruptcy proceeding yesterday authorized Verso to reject a specialty paper supply contract with Expera…
Södra’s operating profit for the first four months of the year totalled SEK 334 million (941). Sales amounted to SEK 6,239 million (6,243) and the operating margin was 5 percent (15). “During the first four-month period, the forest economy was…
Catalyst Paper Corporation (TSX:CYT) have just announced that it has been informed that three of its major shareholders, Mudrick Capital Management, L.P., Cyrus Capital Partners, L.P. and OCM Luxembourg VOF Sarl, a fund indirectly managed by Oaktree Capital (the "Reporting…
Comments by the President A strong quarter despite lower prices The Rottneros Group reports a strong first quarter. Corrective measures within the scope of our development programme Agenda 500 continue to bear fruit, in the form of increased efficiency and…
Commenting on the result, Sappi Chief Executive Officer Steve Binnie said:“Our strategy to reposition Sappi as a profitable and cash-generative diversified woodfibre group remains well on track. The strong quarterly growth in our EBITDA excluding special items continues with an…
UPM-Kymmene Corporation has on 12 May 2016 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone below the threshold of 5 per…
International technology Group ANDRITZ saw a solid development of profitability in the first quarter of 2016 despite slight declines in sales and order intake. The situation on the markets served by ANDRITZ basically has not changed compared to 2015. While…
Figures in brackets, unless otherwise stated, refer to the comparison period, i.e. the same period of the previous year. Automation has been consolidated into Valmet's financials since April 1, 2015, when the acquisition of Automation was completed. Due to new…
This is a summary of the January - March 2016 Interim report. The complete January - March 2016 Interim report with tables is attached to this release and available at www.kemira.com/investors. Revenue increased 5% to EUR 582.7 million (553.0) mainly…
The Town of Jay, Maine, and Verso Corporation (OTCPink: VRSZQ) have reached an agreement to resolve their dispute concerning property tax assessments for Verso's Androscoggin Mill. In exchange for the Town's agreement to reduce Verso's property tax liability to more…
The Board of Rottneros AB (publ) has decided to increase the dividend proposal and propose to the Annual General Meeting a dividend of 0,30 SEK per share and an extra dividend of 0,20 SEK per share, i.e. a total dividend…
As Valmet announced by stock exchange release on February 20, 2015, Andritz Oy had filed a summons application with the Stockholm District Court against Valmet AB, a subsidiary of Valmet Corporation, regarding patent infringement. In the claim Andritz is asking…
Pulpwood costs have fallen substantially worldwide with the softwood and hardwood pulpwood price indices in the 4Q/15 being at their lowest levels in over ten years, reports the Wood Resource Quarterly The largest cost component when manufacturing wood pulp is…
At the 109th Annual General Meeting of ANDRITZ AG, the shareholders agreed to raise the dividend to 1.35 euros per share for the 2015 business year. This is an increase of 35% compared to the previous year (2014 business year:…
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