www.pulp-paperworld.com - Financial News
Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that it has entered into an agreement with its banking syndicate led by National Bank of Canada and Scotiabank as co-lead…
Transaction Expected to Close on July 1, 2015 Rock-Tenn Company (RockTenn) (NYSE:RKT) and MeadWestvaco Corporation (MWV) (NYSE:MWV) have announced that shareholders of RockTenn and stockholders of MWV overwhelmingly approved the proposed combination of the two packaging companies into WestRock Company…
Valmet's strategy and financial targets, which were announced on September 3, 2013 and reconfirmed on July 31, 2014, have been reconfirmed by Valmet's Board of Directors, and thus remain unchanged. Strategy Valmet's mission is to convert renewable resources into sustainable…
Metsä Board Corporation Stock Exchange Release 23 June 2015 at 9 am EET Moody's Investors Service has upgraded Metsä Board Corporation's rating by two notches from B1 to Ba2. The outlook of the rating is stable. The upgrade does not…
Friday, 19 June 2015 06:32

Wausau Paper Declares Dividend

Wausau Paper’s (NYSE:WPP) Board of Directors today declared a quarterly dividend of $0.03 per share on the Company’s common stock. The dividend is payable August 17, 2015 to shareholders of record at the close of business on August 3, 2015.…
Notification according to chapter 9, section 5 of the Securities Market Act: Franklin Templeton Institutional, LLC's ownership in Valmet has decreased below 5% Valmet Corporation (Business ID 2553019-8) has on June 10, 2015 received a notification referred to in Securities…
Resolute Forest Products Inc. has announced that its board of directors has authorized a $50 million increase to the company's existing share repurchase program. "Today's announcement gives us another tool to continue to enhance shareholder value," said Richard Garneau, president…
All Stora Enso's five divisions will have financial targets set in order to support the Group in attaining its strategic goal. Stora Enso has defined clear strategic targets for each division. The targets will enable the markets to better follow…
Following our announcement on 8 May of a price increase for European coated fine and coated mechanical reels, Sappi Europe confirm our intention to raise prices also for woodfree coated sheets by 8% and a further increase on woodfree uncoated…
Sonoco-Alcore S.a.r.l. has announced it will raise prices by €50 per metric ton on all recycled paperboard grades sold in the Company's Italian region. The price change is effective with shipments on or after 15th June, 2015. "This price increase…
Due to low global softwood pulp stocks and solid demand, Södra will increase its market price for NBSK in Europe to USD 870, effective from June 1st 2015. For further information, please contact: Magnus Björkman, President of Södra Cell International,…
Resolute Forest Products Inc. has announced that it has entered into a new five-year credit agreement for a senior secured asset-based revolving credit facility with an aggregate lender commitment of up to $600 million at any time outstanding, subject to…
Blair Nimmo and Tony Friar were appointed as Joint Administrators of Tullis Russell Papermakers Limited on 27th April 2015. The Joint Administrators had set a closing date for indicative offers for the business and assets of 12pm on 18th May…
Thursday, 21 May 2015 08:55

Good start to 2015 for the Södra Group

Södra’s operating profit for the first four months of the year amounted to SEK 941 million (503). Sales increased 7 percent to SEK 6,243 million and the operating margin improved to 15 percent (9). “The year started well for Södra,…
Södra’s Annual General Meeting agreed to distribute SEK 553 million to members and to elect Lena Ek as the Board’s new Chairman. Hans Berggren was elected new Board member. Approximately 300 people, including 200 delegates, attended Södra’s Annual General Meeting…