Wednesday, 13 July 2011 12:02
International Paper Declares Dividend
International Paper (NYSE: IP) today declared a quarterly dividend of $0.2625 per share for the period from July 1, 2011, to September 30, 2011, inclusive, on its common stock, par value $1. This dividend is payable on September 15, 2011,…
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North American News
Wednesday, 06 July 2011 09:09
Thurso Mill Looks to the Future
The installation of four 110-ton boilers on site at the Thurso pulp mill this week not only marks a crucial step in converting the mill to a full-time specialized dissolving pulp producer, it also marks the beginning of some other…
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Canadian News
Monday, 04 July 2011 08:31
AbitibiBowater Announces Debt Reduction Initiatives
AbitibiBowater has announced that, with the proceeds from the sale of its 75% indirect interest in ACH Limited Partnership, the Company recently redeemed approximately $270 million of its debt. With these disbursements, AbitibiBowater's total debt has been reduced to a…
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Canadian News
Wednesday, 29 June 2011 12:06
Canfor Pulp invests $10M in Innovation
Joe Nemeth, President and CEO of Canfor Pulp Products Inc. which owns 49.8% of Canfor Pulp Limited Partnership, has announced three major new investments in innovation for the company in a ceremony opening the new Canfor Pulp Innovation Centre in…
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Canadian News
Tuesday, 28 June 2011 08:24
Metso to supply containerboard line to Greenpac Mill in the United States
Metso will supply a containerboard production line to Greenpac Mill LLC to their new mill site in Niagara Falls, NY, in the United States. The start-up of the production line is scheduled for the second quarter of 2013. The value…
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North American News
Wednesday, 22 June 2011 12:00
Metso advanced process and quality vision system improves quality control at Canfor Pulp Limited Partnership pulp mills
Metso will supply advanced process and quality vision system, Metso PQV, to three Canfor Pulp Limited Partnership’s pulp mills (CPLP) in British Columbia, Canada. Metso PQV is using the most advanced high-resolution, high-speed digital imaging technology available on the market,…
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Canadian News
Wednesday, 22 June 2011 07:50
Clearwater Paper Celebrates Grand Opening of Its Shelby Converting Facility
At a ceremony held in Shelby, N.C., Clearwater Paper Corporation announced the grand opening of its newest tissue facility located in Cleveland County. Gov. Bev Perdue, who has provided assistance to the project, was onsite to participate in the dedication.…
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North American News
Monday, 20 June 2011 10:00
Buckeye Plans to Close Delta Nonwovens Facility by End of 2012
Improves capacity utilization, profitability and return on invested capitalExpect to generate $30 million cash benefit from closureExpect non-cash impairment charge of $15 million and $5 million restructuring costs Buckeye Technologies Inc. has announced plans to close its Delta, B.C., Canada…
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Canadian News
Thursday, 16 June 2011 11:00
Domtar launches "The Paper Trail," a resource calculator with unmatched transparency
New Tool Shares Environmental and Social Impacts of Making Domtar Paper, Discloses Successes and Challenges A new environmental tool from Domtar Corporation offers customers the ability to view the environmental impacts of specific paper grades, providing unmatched transparency among today's…
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Canadian News
Wednesday, 15 June 2011 14:00
Naturally Advanced Technologies and Ashland Inc. Agree to Jointly Develop CRAiLEX High Grade Dissolving Pulp
Naturally Advanced Technologies Inc., and Hercules Incorporated, a subsidiary of Ashland Inc., has announced that they have entered into a joint development agreement for CRAiLEXä high-grade dissolving pulp. CRAiLEX is the brand name for the purified pulp created from a…
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Canadian News
Monday, 13 June 2011 08:37
International Paper's Board of Directors Elects Joan E. Spero to Its Board
International Paper Company announced the election of Joan E. Spero, Ph.D., to its board of directors effective today. "Joan's experience as a business and foundation executive, a corporate board member and in government service lends a unique perspective to our…
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North American News
Friday, 10 June 2011 15:00
NewPage Names Jay A. Epstein Senior Vice President and Chief Financial Officer
NewPage Corporation today announced that Jay A. Epstein will join the company's senior leadership team, effective July 5, 2011, as senior vice president and chief financial officer, replacing Curtis Short who was serving in the role on an interim basis.…
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North American News
Thursday, 09 June 2011 12:00
Verso Paper Corp. Continues Efforts toward Increased Certified Forest Acreage in Maine
Verso Paper Corp. has announced its participation in a partnership with Time Inc., Hearst Enterprises, National Geographic, the Sustainable Forestry Initiative® (SFI®), and other forest products companies in Maine to promote sustainable forest management principles and initiatives. "Verso and its…
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North American News
Thursday, 09 June 2011 09:00
Domtar named amoung the top three corporate citizens in Canada by Corporate Knights Magazine
Domtar Corporation is proud and honored to announce today that it has been selected as one of the Top Three of the 50 Best Corporate Citizens in Canada by Corporate Knights. Corporate Knights is an independent and top-ranked Canadian-based media…
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Canadian News
Tuesday, 07 June 2011 09:14
Temple-Inland Rejects Unsolicited Takeover Proposal from International Paper
Temple-Inland Inc. (NYSE: TIN) announced today that it received an unsolicited proposal from International Paper Company (NYSE: IP) to acquire the Company for $30.60 per Temple-Inland share in cash. Temple-Inland's Board of Directors, after careful consideration with its independent financial…
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North American News