International Paper (NYSE: IP) today announced that it has proposed to acquire all of the outstanding shares of Temple-Inland (NYSE: TIN) for $30.60 per share in cash. Under the terms of the proposal, the offer represents a 44% premium to…
Metso will supply complete woodyard equipment and defibrator systems with chipwashers for the two new MDF (Medium Density Fiberboard) projects of Duratex S.A. in Brazil. The equipment for the first project placed in Itapetininga, São Paulo, will be delivered in…
Nalco, providing essential expertise for water, energy and air, has helped Suzano Pulp and Paper's industrial units in the cities of Suzano, Sao Paulo and Mucuri, Bahia in Brazil, significantly reduce water and chemical use in their papermaking process. Suzano,…
Ashland Inc. and International Specialty Products Inc. (ISP) today announced that Ashland has agreed to acquire privately owned ISP, a global specialty chemical manufacturer of innovative functional ingredients and technologies. Under the terms of the stock purchase agreement, Ashland will…
The Society of Chemical Industry, America International Group, announced today that the 2011 SCI Perkin Medal will be presented to Dr. Rodney H. Banks, a research fellow at Nalco. He will receive the medal at a dinner in his honor…
AbitibiBowater has announced the closing of the sale of its 75% indirect interest in ACH Limited Partnership ("ACH LP") to a consortium formed by a major Canadian institutional investor and a private Canadian renewable energy company. "With the sale of…
Ahlstrom, a global high performance materials company, will invest into additional capacity in transportation filtration materials at its site in Louveira, Brazil. The investment will be completed in the first quarter of 2012. "We have been pleased to grow with…
Metso will rebuild the folding boxboard machine at the San Juan del Río mill of Cartones Ponderosa, S.A. de C.V. in Mexico. The start-up of the rebuilt machine is scheduled for the second quarter of 2012. The value of the…
The Prince Albert Pulp Mill is open for the first time in five years and moving toward a full restart of pulp operations. Except this time, the mill will be making dissolving pulp instead of kraft. Paper Excellence has finalized…
Sonoco (NYSE: SON), one of the largest diversified global packaging companies, announced today that neither its Hartselle steel reels plant or nailwood/plywood reel producing plant received any damage as a result of last week's violent weather in Alabama. Although the…
The United Steelworkers (USW) and International Paper announced today that they have ratified a four-year Master Agreement contract that covers some 6,000 workers. "The USW is extremely proud of the progress made by our members in the paper sector," said…
Pinerolo, May 2nd, 2011, during Tissue World in Nice, CMPC Tissue S.A. signed a major service contract with PMT Italia S.p.A. for improving the energy efficiency and performance of nearly all of their Latin American Tissue Machines. In short, PMT…
Nalco (NYSE: NLC), providing essential expertise for water, energy and air, announced today it will be enacting a transportation and energy surcharge on products shipped to North American customers in select industries, effective May 1, 2011. The surcharge is necessary…
Both paper machines at Catalyst Paper's recycled newsprint mill in Arizona resumed production April 21 after a fire in the storage yard at its Snowflake mill destroyed approximately 11,000 tonnes of recovered old newspapers (ONP). The fire on April 18…
Cascades executives were on hand in early April to inaugurate a new machine used in the manufacturing of moulded pulp products at it's the company's Forma-Pak plant in Kingsey Falls, Que. The modernization of the plant required an investment of…