According to preliminary figures, Heidelberger Druckmaschinen AG (Heidelberg) continued the positive trend in incoming orders in the first quarter of financial year 2010/11. This was due to the continued rise in demand in a number of regions (particularly China), positive exchange rate movements, and, above all, the trade shows IPEX in the United Kingdom and ExpoPrint in Brazil during the reporting period (April 1 - June 30, 2010).

At EUR 786 million - thereof approx. EUR 45 million account for exchange rate movements - preliminary incoming orders in the first quarter were up significantly on the same quarter of the previous year (EUR 550 million), and also above the previous quarter (EUR 678 million). However, the order situation worldwide remains unsettled. It is shaped by the continuing weakness of the markets in the U.S. and Japan. In contrast, some European markets and regions in Asia, especially China, and South America are showing considerable improvement.

In the first quarter, the preliminary free cash flow will be in the region between EUR 50 million and EUR 60 million and thus far in excess of the same period of the previous year (EUR -29 million). The positive development in free cash flow is largely due to an improved working capital management, including higher customer prepayments and optimized payment flow for capital expenditure. Though, the previously stated information does not point to any continuation or substantial improvements of this development in the remainder of the financial year compared to earlier forecasts of the free cash flow for financial year 2010/11. 

Thanks also to exchange rate movements, preliminary sales in the first quarter are slightly above the figure for the same period of the previous year at approximately EUR 560 million (compared to EUR 514 million the previous year). Thereof about EUR 35 million account for exchange rate movements. The preliminary operating result (excluding special items) in the first quarter will improve as planned compared to the same quarter of the previous year (EUR -63 million).

The company will publish further details and an explanation of the figures for the first quarter of the financial year on August 10, 2010.

For further information, please contact: 
Heidelberger Druckmaschinen AG
Corporate Public Relations
Thomas Fichtl
Phone: +49 (0)6221 92 5900
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Domtar Corporation and FPInnovations announced that they have formed a new joint venture company to build the world's first one metric ton per day commercial-scale nanocrystalline cellulose demonstration plant at the Domtar Windsor, Quebec pulp and paper mill site. Construction will begin in the coming weeks and will take approximately 20 months to be completed.

"As the leader in our industry, we are very excited to explore new frontiers by bringing together our operational expertise and the technical knowledge of FPInnovations for the efficient manufacture of this innovative and renewable product," said John D. Williams, President and Chief Executive Officer of Domtar Corporation. "The remarkable properties of nanocrystalline cellulose and wide range of potential applications speak volumes about the commercial potential of new fiber-based products that go beyond traditional pulp and paper applications."

"This is an important milestone cumulating over 15 years of R&D investments towards the future development of fiber-based products for the industrial world. During this time FPInnovations developed an extensive intellectual property portfolio around the manufacturing and application of nanocrystalline cellulose," said Pierre Lapointe, President and Chief Executive Officer of FPInnovations. "I am confident that this partnership and the strong support of both governments will lead to exciting and successful new commercial applications."

Nanocrystalline cellulose is a renewable, recyclable and abundant nanomaterial made of cellulose fibers from the wood pulp manufacturing process. Potential applications include optically-reflective films, high-durability varnishes, and innovative bioplastics. The properties of this material will provide new opportunities in a wide range of applications for a variety of sectors and markets such as the aerospace, automotive, chemical, textile and forestry industries. There are promising applications for the aerospace industry that will complement Quebec's innovative aerospace "green" aircraft program.

The cost of construction of the demonstration plant is approximately CDN$32.4 million and operating costs are estimated at CDN$8.4 million, for a total investment of CDN$40.8 million. CDN$12 million of Domtar's total contribution has been submitted for funding approval under the Government of Canada's Pulp and Paper Green Transformation Program. Natural Resources Canada and Quebec's Natural Resources and Wildlife Ministry are contributing CDN$10.2 million each to FPInnovations' portion of the funding of this project. All funding is still subject to approval.

During the construction phase, the project will provide approximately 50 jobs as well as engineering services from the Quebec and the Canadian engineering firms, Teknika and Noram, respectively. Approximately 10 permanent positions will be needed to operate the demonstration plant. In addition, numerous researchers and scientific personnel have been and will continue working to deliver on the potential new nanocrystalline cellulose applications and products.

Following the construction phase, under the joint venture agreement, Domtar and FPInnovations will explore the commercial viability of the production of nanocrystalline cellulose on a larger commercial scale.

The Mackenzie pulp mill in British Columbia has been acquired by Paper Excellence B.V., for an undisclosed sum. The transaction secures the future of the mill which is expected to resume production of high quality NBSK pulp in the fall. The Mackenzie mill employs over 240 workers and will generate significant additional economic activity and jobs within the region.

Paper Excellence B.V. is a Netherland-based company associated with one of the world's largest pulp and paper producers of Asia Pulp and Paper brands.

This Mackenzie mill is the Paper Excellence Group's second acquisition in Canada. It currently owns and operates a pulp mill in Meadow Lake, Saskatchewan.

"We are very pleased to have a company like Paper Excellence establish itself in British Columbia," says Pat Bell, Minister of Forests and Range. "It already has experience in Canada with its mill in Meadow Lake and the company has maintained a high level of safe profitable production and regulatory compliance."

It took a concerted effort by a number of organizations and groups to get the mill to the point where it could resume production. Team Mackenzie of the Mackenzie Pulp Mill Development Corporation preserved the capacity of the mill to resume production. The Provincial Government worked with the District of Mackenzie to consolidate and reduce the debt of the mill.

"I want to credit the hard working public servants in the Rural BC Secretariat for the instrumental role they played in crafting a deal that will ensure hundreds of people in Mackenzie can head back to work," said B.C. Community and Rural Development Minister Bill Bennett. "It is personally gratifying to be able to help the District of Mackenzie at a time when the people of Mackenzie really need it."

The McLeod Lake Indian Band worked with the Ministry of Forests and Range to help secure the fibre needed to start the mill.

"We are very pleased that we have been able to work with the government and the community and be part of the effort to bring the mill back into production," says Chief Derek Orr of the McLeod Lake Indian Band. "By working together we can provide benefits for the entire region."

Also important was the negotiation of a new collective agreement with the Communications, Energy and Paperworkers Union (CEP). The agreement preserves wages, benefits and pensions, while enabling the mill to reopen with significant cost reductions.

"This is very good news for our members and for the community of Mackenzie," says CEP Western Region Vice President Jim Britton. "We are extremely happy to see our members return to well paying jobs within the forest industry and that it looks like they have a future in this industry."

International Paper has declared a regular quarterly dividend of $0.125 per share for the period from July 1, 2010, to September 30, 2010, inclusive, on its common stock, par value $1. This dividend is payable on September 15, 2010, to holders of record at the close of business on August 16, 2010.

The company also declared a regular quarterly dividend of $1 per share for the period from July 1, 2010, to September 30, 2010, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on September 15, 2010, to holders of record at the close of business on August 16, 2010.

About International Paper

International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include industrial and consumer packaging and uncoated papers, and complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs more than 56,000 people in more than 20 countries and serves customers worldwide. 2009 net sales were approximately $23 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com.

SOURCE International Paper

At ProPak - China's largest packaging and processing technology exhibition - Billerud's FibreForm® packaging material scooped the Packaging Innovation Award. The award is supported by Hong Kong-based Ringier Trade Media Ltd, with the aim of boosting the profile of the company that contributes the most to the industry's development in China.

The jury whose task it is to select the winner of this prestigious, well-recognised award for innovation comprises Chinese professors from various universities and research institutions, a number of trade associations, and experts in China's packaging technology market. The award was presented at Shanghai's new International Expo centre on 14 July. Those present at the award ceremony from Billerud were President & CEO Per Lindberg, Business Area Director Johan Nellbeck and Billerud's local sales representative Allen Lu.

"The interest in our FibreForm product and the reception it received in China is tremendous and we're looking forward to building many new relationships in the country in the future. This is just the beginning,"

says Johan Nellbeck, Business Area Director, Packaging & Speciality Papers.

Billerud has been selling paper and pulp in China since the 1980s and has had sales offices in Shanghai since 2004.

For further information about the exhibition:

www.propakchina.com (http://www.propakchina.com/)

Billerud FibreForm® - the formable paper

The secret behind FibreForm is its high degree of elasticity, which opens the door to a wide range of applications. Unique packaging solutions with exciting, natural forms and deep embossing can be developed using the paper. FibreForm can compete with plastic in areas where this has previously not been possible.  The paper also has considerable environmental value. FibreForm is made of 100 percent primary fibre and is approved for direct contact with food. FibreForm is FSC certified.

For further information about the exhibition:

www.propakchina.com (http://www.propakchina.com/)

Billerud FibreForm® - the formable paper

The secret behind FibreForm is its high degree of elasticity, which opens the door to a wide range of applications. Unique packaging solutions with exciting, natural forms and deep embossing can be developed using the paper. FibreForm can compete with plastic in areas where this has previously not been possible.  The paper also has considerable environmental value. FibreForm is made of 100 percent primary fibre and is approved for direct contact with food. FibreForm is FSC certified.

For further information, please contact:

Per Lindberg, President & CEO, +46 (0)8-553 335 01

Johan Nellbeck, Business Area Director, Packaging & Speciality Paper,+46

(0)8-553-336 04

www.billerud.com/fibreform (http://www.billerud.com/fibreform)

KapStone Paper and Packaging Corporation, a leading North American producer of unbleached kraft paper products and linerboard, will release its 2010 second quarter earnings on Wednesday, August 4, 2010, after the market closes.

The Company will host a conference call on August 5 at 11:00 a.m. ET (10:00 a.m. CT) to review the results for the quarter. All interested parties are invited to listen and may do so by either accessing a simultaneous broadcast webcast on KapStone's website, http://www.kapstonepaper.com, or for those unable to access the webcast, the following dial-in numbers are available:

                                Domestic: 866.788.0542
                              International: 857.350.1680
                            Participant Passcode: 442033661

A presentation to be viewed in conjunction with the call will also be available on our website, http://www.kapstonepaper.com, in the "Investors" section.

The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at http://earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (http://www.streetevents.com) a password-protected event management site. A replay of the webcast will also be on the Web site beginning at approximately 2:00 p.m. ET the same day.

About the Company

Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of unbleached kraft paper products and linerboard. The Company is the parent company of KapStone Kraft Paper Corporation which includes paper mills in Roanoke Rapids, NC and North Charleston, SC, a lumber mill in Summerville, SC, and five chipping mills in South Carolina. The business employs approximately 1,600 people.

SOURCE KapStone Paper and Packaging Corporation

Metso will deliver a front-end system, comprising wood handling and fiber preparation system, for fiber board production to Berneck, Curitibanos, Santa Catarina state in Brazil. Start-up is scheduled for the third quarter of 2011. The order value is below EUR 10 million. The order is included in Paper and Fiber Technology’s Q2 orders received.

The delivery from Metso will include all main machinery for production of high quality fiber used in MDF production, comprising a drum infeed, debarking drum, disc chipper, rotary screw reclaimer chip silo, chip screen, defibrator system, related motors, control system as well as supervision of installation and start-up.

The Berneck plant is designed for MDF (medium density fiber board) with a thickness range of 3 – 40 mm. The raw material will be mainly pine. The defibrator capacity is about 40 tonnes per hour. The delivery will be the second front-end line that Metso supplies to Berneck.

Berneck is one of the leading panel producers in Brazil, with an annual production capacity of more than 1,200,000 cubic meters of particle boards, MDF, pine lumber and teak products. Berneck has more than 1,400 employees and it owns more than 62,000 hectares of land for pine and teak plantations.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

For further information, please contact:
Mattias Erixon, Senior Sales Manager, Fiber business line, Metso
Tel. +46 60 16 57 27 or +46 70 610 57 27

Verso Paper Corp. has announced that it will report its financial results for the second quarter ended June 30, 2010 in a news release before the market opens on Wednesday, August 11. Management will host a conference call at 9:00 a.m. Eastern Time, Wednesday, August 11, to discuss the second quarter results.

This release and the second quarter results will be made available on Verso's website at www.versopaper.com/investorrelations by navigating to the Financial Information page.

Analysts and investors may participate in the live conference call by dialing 719-325-2306 or, within the U.S. and Canada only, 800-967-7141, access code 7509574. To register, please dial in 10 minutes before the conference call begins. The conference call and presentation materials can be accessed on Verso's website at www.versopaper.com/investorrelations by navigating to the Events page, or at http://investor.versopaper.com/eventdetail.cfm?EventID=83854.

A telephonic replay of the call can be accessed at 719-457-0820 or, within the U.S. and Canada only, 888-203-1112, access code 7509574. This replay will be available starting at 12:00 p.m. (ET) on August 11, 2010, and will remain available for 14 days.

About Verso

Based in Memphis, Tennessee, Verso Paper Corp. is a leading North American producer of coated papers, including coated groundwood and coated freesheet, and supercalendered and specialty products. Verso's paper products are used primarily in media and marketing applications, including magazines, catalogs, and commercial printing applications such as high-end advertising brochures, annual reports, and direct-mail advertising.

Forward-Looking Statements

In this press release all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "project," "plan," "estimate," "intend," and similar expressions. Forward-looking statements are based on currently available business, economic, financial and other information and reflect management's current beliefs, expectations and views with respect to future developments and their potential effects on Verso. Actual results could vary materially depending on risks and uncertainties that may affect Verso and its business. For a discussion of such risks and uncertainties, please refer to Verso's filings with the Securities and Exchange Commission. Verso assumes no obligation to update any forward-looking statement made in this press release to reflect subsequent events or circumstances or actual outcomes.

SOURCE: Verso Paper Corp.

Verso Paper Corp.
Robert P. Mundy
Senior Vice President and Chief Financial Officer
901-369-4128
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.versopaper.com

Abitibi Consolidated Company of Canada, as the owner and operator of a paper mill in Fort Frances, Ontario, was fined $125,000 for a violation of the Occupational Health and Safety Act that caused injuries to two workers and a student. Because the company is under creditor protection, the fine has been stayed.

The incident in question took place on August 20, 2008. Two electricians at the paper mill were changing the power box for part of a paper machine. The power to the box was locked out. The power to the cabinet containing the box was not shut off or locked out. As the electricians removed the power box, they noticed a cable inside the cabinet that needed to be moved. One of them reached into the cabinet with a tool to remove a clamp holding the cable in place. The tool made electrical contact with a live conductor inside the cabinet and this created an arc flash. This caused another arc flash from the live conductors overhead.

The two electricians suffered first, second and third degree burns. A student who was watching them suffered first degree burns.

Abitibi Consolidated Company of Canada pleaded guilty to failing to ensure that a tool was not used near a live electrical installation to prevent electrical contact with a live conductor.

The fine was imposed by Justice of the Peace Patricia Clydesdale-Cornell. In addition to the fine, the court imposed a 25-per-cent victim fine surcharge, as required by the Provincial Offences Act.