www.pulp-paperworld.com - Financial News
Tuesday, 17 May 2016 07:25
Catalyst Paper's Three Major Shareholders Complete Schedule 13D Filings
Catalyst Paper Corporation (TSX:CYT) have just announced that it has been informed that three of its major shareholders, Mudrick Capital Management, L.P., Cyrus Capital Partners, L.P. and OCM Luxembourg VOF Sarl, a fund indirectly managed by Oaktree Capital (the "Reporting…
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Tuesday, 17 May 2016 07:21
Rottneros: INTERIM REPORT JANUARY – MARCH 2016
Comments by the President A strong quarter despite lower prices The Rottneros Group reports a strong first quarter. Corrective measures within the scope of our development programme Agenda 500 continue to bear fruit, in the form of increased efficiency and…
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Friday, 13 May 2016 08:40
Sappi profits double for 2nd quarter and half-year ended March 2016
Commenting on the result, Sappi Chief Executive Officer Steve Binnie said:“Our strategy to reposition Sappi as a profitable and cash-generative diversified woodfibre group remains well on track. The strong quarterly growth in our EBITDA excluding special items continues with an…
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Friday, 13 May 2016 07:14
BlackRock's shareholding in UPM has gone below the threshold of 5 per cent
UPM-Kymmene Corporation has on 12 May 2016 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s holding of UPM shares and voting rights has gone below the threshold of 5 per…
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Wednesday, 04 May 2016 09:53
ANDRITZ GROUP: Results for the first quarter of 2016
International technology Group ANDRITZ saw a solid development of profitability in the first quarter of 2016 despite slight declines in sales and order intake. The situation on the markets served by ANDRITZ basically has not changed compared to 2015. While…
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Wednesday, 27 April 2016 11:16
Valmet's Interim Review January 1 - March 31, 2016: Orders received, net sales and profitability increased
Figures in brackets, unless otherwise stated, refer to the comparison period, i.e. the same period of the previous year. Automation has been consolidated into Valmet's financials since April 1, 2015, when the acquisition of Automation was completed. Due to new…
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Tuesday, 26 April 2016 07:40
Kemira Oyj's Interim Report January-March 2016: Revenue and operative EBITDA growth continued
This is a summary of the January - March 2016 Interim report. The complete January - March 2016 Interim report with tables is attached to this release and available at www.kemira.com/investors. Revenue increased 5% to EUR 582.7 million (553.0) mainly…
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Tuesday, 26 April 2016 07:37
Town of Jay and Verso Reach Agreement in Property Tax Dispute
The Town of Jay, Maine, and Verso Corporation (OTCPink: VRSZQ) have reached an agreement to resolve their dispute concerning property tax assessments for Verso's Androscoggin Mill. In exchange for the Town's agreement to reduce Verso's property tax liability to more…
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Tuesday, 19 April 2016 09:18
Rottneros Board raises the proposed dividend for 2015
The Board of Rottneros AB (publ) has decided to increase the dividend proposal and propose to the Annual General Meeting a dividend of 0,30 SEK per share and an extra dividend of 0,20 SEK per share, i.e. a total dividend…
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Friday, 08 April 2016 12:23
The Swedish Court of Patent Appeals has revoked Andritz's Swedish Patent on which Andritz had filed a summons application against Valmet in 2015
As Valmet announced by stock exchange release on February 20, 2015, Andritz Oy had filed a summons application with the Stockholm District Court against Valmet AB, a subsidiary of Valmet Corporation, regarding patent infringement. In the claim Andritz is asking…
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Wednesday, 06 April 2016 07:15
Pulpwood costs have fallen substantially worldwide
Pulpwood costs have fallen substantially worldwide with the softwood and hardwood pulpwood price indices in the 4Q/15 being at their lowest levels in over ten years, reports the Wood Resource Quarterly The largest cost component when manufacturing wood pulp is…
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Thursday, 31 March 2016 08:31
ANDRITZ AG Annual General Meeting approves significant dividend increase to 1.35 euros per share
At the 109th Annual General Meeting of ANDRITZ AG, the shareholders agreed to raise the dividend to 1.35 euros per share for the 2015 business year. This is an increase of 35% compared to the previous year (2014 business year:…
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Thursday, 31 March 2016 08:25
New funding boosts growth for paper merchant
Leading Ruislip paper merchant AM Trading is targeting further growth following agreement on a new £850,000 funding package with Clydesdale Bank. The firm trades in paper stock lots including surplus stock and downgraded paper which it purchases from mills and…
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Wednesday, 23 March 2016 11:32
Cham Paper Group Full year 2015: Progress and headwind
The Cham Paper Group has closed another transformative year with a small profit. The financial year was challenging for the paper division on several levels. Extensive investment in upgrading machinery to increase capacity and efficiency in Carmignano and the relocation…
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Tuesday, 15 March 2016 08:46
Glatfelter announces 5% Price Adjustment for Its Food & Beverage Filtration Papers
Glatfelter, a global supplier of specialty papers and fiber-based engineered materials, have just announced a price increase of five percent for all beverage filtration papers, with immediate effect. The announcement comes as a result of higher raw material costs. Martin…
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