www.pulp-paperworld.com - Financial News
CEP members at Fraser Papers' Edmundston mill have voted 69.3% to ratify an agreement to change the pension plan and complete the conditions required for the company to restructure and emerge from bankruptcy protection. "This was a very difficult decision…
Wednesday, 10 March 2010 13:30

Metso’s Annual Report 2009 published

Metso Corporation's year 2009 Annual Report, Sustainability report, complete Annual Accounts of the parent company and group (including Board of Director's Report) and Auditor's Report have been published today in Finnish and English. PDF documents of the Metso reports and…
Metso's decision announced on February 8, 2010 to repurchase a maximum number of 300,000 Company's own shares has been fully executed. The share repurchases relate to the Company's incentive programs announced earlier (Metso Share Ownership Plans 2009-12) to be used…
B&B announces price increase for label- and flexible packaging papers up to 8% with validity from 1.4.2010 Considerable cost increases for raw material and strong order income for label – and flexible packaging papers, make it necessary to adapt the…
M-real Corporation Stock Exchange Release 10 March 2010 at 9.30 M-real Corporation, a part of Metsäliitto Group, reverses earlier made IT cost provisions and books a positive non-recurring item of EUR 12 million in its 1Q 2010 operating result. In…
Tuesday, 09 March 2010 06:46

Sonoco Announces New Price Increases

Sonoco will increase prices for all uncoated recycled paperboard grades in the United States and Canada by $60 per ton effective with shipments on April 5, 2010. In addition, the Company will increase prices on all paperboard industrial converted products…
Friday, 05 March 2010 09:30

Andritz releases annual 2009 report

PULP & PAPER:Statement of the management "2009 posed many challenges, for our customers and for ourselves. Nevertheless, the measures implemented and the intact long-term growth drivers of the pulp and paper markets give us every reason to look towards the…
RockTenn announces today a $60 per ton price increase on all grades of Containerboard. The price increase is effective for April, 2010 orders. RockTenn (NYSE:RKT) is one of North America's leading manufacturers of paperboard, containerboard and consumer and corrugated packaging,…
Wednesday, 03 March 2010 09:30

AbitibiBowater Receives Court Orders

AbitibiBowater announced today the Company has received approval for a process to call for employee and other specified creditor claims (the "Second Claims Process") by the Quebec Superior Court in Canada and the U.S. Bankruptcy Court for the District of…
After a difficult year, during which the industry encountered more down-time and capacity closures as a result of the weakened global economy the indications are that CEPI member countries produced less than 90 million tonnes of paper and board in…
The operator of three newsprint mills in Quebec, White Birch Paper Company, has filed for creditor protection in Canada and the U.S., to improve its capital structure. White Birch Paper is the parent company of the F.F. Soucy mill in…
Fraser Papers Inc., the Canadian Energy and Paperworkers Union of Canada, the Government of New Brunswick, and other stakeholders, have agreed to the broad terms under which Fraser Papers will proceed to close the sale of its specialty papers business…
Monday, 01 March 2010 10:00

Conversion of shares

According to SCA's articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the…
Thursday, 25 February 2010 15:12

AbitibiBowater Files NAFTA Notice

AbitibiBowater today filed a Notice of Arbitration under the North American Free Trade Agreement ("NAFTA") with regards to the expropriation of its assets and rights in Newfoundland and Labrador, Canada. The Company contends that the provincial government's enactment in December…
Thursday, 25 February 2010 09:15

Stora Enso's Annual Report 2009 published

Stora Enso's Annual Report 2009 is published today as PDF documents. Stora Enso's Annual Report is comprised of three separate reports: Stora Enso 2009, Financial Performance 2009 and Sustainability Performance 2009. Stora Enso 2009 is available in English, Finnish and…