Pulp-Paperworld.com / American News
Monday, 09 August 2010 13:00

Weavexx upgrades N.S. production facility

Xerium Technologies will be upgrading equipment at its Weavexx forming fabrics facility in Kentville, N.S. To support the company, the province, through Nova Scotia Business Inc., is providing a five-year payroll rebate up to a maximum of $500,000."As a global…
The Government of Canada has launched a $100-million Investments in Forest Industry Transformation (IFIT) program to help expand opportunities for Canada's forestry sector through the development of innovative projects and technologies. Stockwell Day, president of the Treasury Board, Minister for…
Buckeye Technologies Inc. (NYSE:BKI) today announced that its Board of Directors has declared its first regular quarterly cash dividend in the amount of $0.04 per common share payable on September 15, 2010 to shareholders of record as of the close…
Eucalyptus log prices in Brazil have gone up 25% the past year, almost reaching the global average hardwood fiber price index in the 1Q/2010, reports the Wood Resource Quarterly The supply and demand for Eucalyptus logs in Brazil has been…
U.S. pulp makers are still trying to figure out exactly what the IRS’ recent “Son of Black Liquor” ruling means, but the largest one said yesterday it sees little if any gain.“We don’t see a huge benefit for the company,”…
Thursday, 29 July 2010 15:02

Uruguay Seeks International Recognition

Uruguay has become the latest Latin American country to submit its national forest certification scheme for PEFC endorsement. As part of the independent assessment, stakeholders globally are invited to submit feedback and comments on the Uruguayan Forest Certification Scheme before…
International Paper (NYSE: IP) today reported preliminary second-quarter 2010 net earnings attributable to common shareholders totaling $93 million ($0.21 per share) compared with a net loss of $162 million ($0.38 per share) in the first quarter of 2010 and net…
Recent references in media coverage of $300 million of investment related to ratification of new collective agreement in Temiscaming, Quebec inaccurate and misleading Tembec today issued a statement to clarify inaccurate information contained in newspaper articles related to the ratification…
Sonoco one of the largest global diversified packaging companies, today said it is voluntarily targeting a 15 percent reduction in greenhouse gas emissions (GHG) from the Company's more than 300 global manufacturing plants by 2014. Harris E. DeLoach, Jr., chairman,…
The SCA Tissue plant was operating as normal on Friday after a fire began on the facility's roof at around 10:30 p.m. on Thursday 15th June 2010.Flames from two exhaust fans on the roof could be seen upon arrival at…
International Paper (NYSE: IP) announced today that it reached agreement to sell 163,000 acres of properties located in the southeastern United States for approximately $200 million in a transaction with an affiliate of Rock Creek Capital (the "Partnership"). A minimum…
Metso acquires the service business of Wyesco of Louisiana L.L.C., located in Slaughter, Louisiana, USA. The acquired business, employing 30 persons, will be affiliated to Metso’s Paper and Fiber Technology segment as of July 19, 2010. The new business will…
Metso has started the investment in new facilities in Araucaria, Parana state, in southeastern Brazil. The investment will improve Metso’s competitiveness in serving the pulp and paper and power generation industries, and thus strengthen its presence in emerging markets. At…
The Board of Directors of Sonoco (NYSE: SON) today declared a $.28 per share quarterly common stock dividend. The dividend will be payable on September 10, 2010, to shareholders of record as of August 20, 2010.According to Harris E. DeLoach…
SCA is purchasing the Copamex baby diaper business in Mexico and Central America. The purchase price is equivalent to approximately USD 50m on a debt-free basis.Copamex produces well-known baby diaper brands Dry Kids for the Mexican market and Tessy Babies…