Pulp-Paperworld.com / American News
Tuesday, 14 September 2010 08:31

Is Bankruptcy Inevitable for NewPage

Despite growing market share and rising prices for its products, NewPage is having to fend off a leading analyst’s assessment that it is destined for bankruptcy court. “Bankruptcy/restructuring is inevitable for the company, as it will never generate enough cash…
Metso will perform service and restoration of one recovery boiler at Arauco pulp mill for Celulosa Arauco y Constitucíon S. A. The boiler was damaged during the earthquake eruption in Chile in February 2010. The total value of the order…
Wednesday, 08 September 2010 14:00

Verso Paper Corp. Launches Facebook Page

Verso Paper Corp. has announced the launch of its corporate Facebook page with an initial focus on increasing the reach of the company's college recruiting initiatives. The Verso Paper Corp. Facebook page will provide potential college recruits with the company's…
Michelman has introduced Michem® Flex P1883, a water-based extrusion primer that provides strong adhesion to aluminum foil and paper, bonds well to extrusion coated resins, and protects foil from corrosion. It provides excellent chemical resistance to water, many acids and…
Earlier this summer, world-wide pulp prices reached an all time high with NBSK prices up 30% over 2009. Northwest chip and fiber prices were flat, however, as supplies were adequate to meet production needs. This was one of the few…
Tembec has announced the permanent closure of its newsprint mill located in Pine Falls, Manitoba. The mill had been indefinitely idled due to a labour dispute on September 1, 2009. After examining a full range of options, the Company initiated…
NewPage Corporation, North America's leading supplier of publishing papers, announced the "Paper Sells More Product" campaign which will award one active catalog, magazine or retail company with $100,000 in print services to support the winner's efforts to sell more products.…
Wednesday, 01 September 2010 07:33

St Marys Paper Corp. Plan for Restart

St Marys Paper Corp. has engaged Dennis Bunnell as Chairman of the Board and CEO to head up the plans to restart production at the St Marys Paper mill in Sault Ste Marie, Ontario. St Marys Paper Corp. curtailed production…
NewPage Corporation (NewPage) has just announced the election of Chan W. Galbato to the Board of Directors of NewPage and its affiliates as chairman of the Board, effective August 25, 2010. Mr. Galbato takes over the chairman role from Robert…
Cerflor, the Brazilian Forest Certification Programme, has submitted its revised system, which includes the forest management standards for native forests as well as for planted forests, for PEFC endorsement. Stakeholders globally are invited to comment on the national scheme by…
Buckeye Technologies Inc. (NYSE:BKI) today announced that it had been named in the top 20% of publicly held companies headquartered in the Southeast on their Corporate Sustainability policies and practices. The first annual Southeastern Corporate Sustainability Rankings, announced in May…
KapStone Paper and Packaging Corporation (NYSE: KS) ("KapStone") announced that the Company was notified that its registration as a producer of cellulosic biofuel for the tax year 2009 has been approved. With this registration, KapStone may apply for a nonrefundable…
The employee group considering the purchase of the shuttered Pine Falls newsprint mill has told the mill's owner, Tembec, that the deal is off. The group concluded it could not make a viable business case for the purchase. According to…
The Government of Canada will pay AbitibiBowater $130 million in compensation for the expropriation of the company's assets in Newfoundland and Labrador, considering that amount fair market value for the newsprint mill, water and timber rights, power plants and hydro…
Sonoco, one of the largest diversified global packaging companies, announced that Brad Weller has been promoted to division vice president and managing director, Asia, with responsibility for all of Sonoco's industrial and consumer businesses throughout Asia. In this new position,…