www.pulp-paperworld.com - Financial News
Wednesday, 20 February 2013 21:52
Södra's income statement for 2012 and suggested profit share
Södra's operating profit for 2012 amounted to SEK -929 million. This is due in part to a major economic downturn and a strong Swedish krona. Despite this, the equity ratio remains high, and the Board is proposing a profit share…
Read 7598 times
Published in
Financial News
Monday, 18 February 2013 14:07
Kemira announces price increase for ASA products in Europe, Middle East and Africa
Due to continuously escalating raw material costs Kemira increases the price for Alkenyl Succinic Anhydride (ASA) products in Europe, Middle East and Africa. Price increase will range from 5% to 10% and will be effective for all deliveries from April…
Read 4443 times
Published in
Financial News
Wednesday, 13 February 2013 09:16
Resolute Reports Preliminary Fourth Quarter and 2012 Results
Resolute Forest Products Inc. reported a net loss of $2 million for the year ended December 31, 2012, or $0.02 per share, on sales of $4.5 billion. This compares with net income of $41 million, or $0.42 per diluted share, on…
Read 4535 times
Published in
Financial News
Tuesday, 12 February 2013 09:38
BillerudKorsnäs Eventful quarter rounds off a historic year
CEO Per Lindberg comments on the development during Q4 2012: “With the finalization of the historic combination between Billerud and Korsnäs, the fourth quarter was an unusually eventful one. We also completed the integration of our paper machines in Finland…
Read 4260 times
Published in
Financial News
Thursday, 07 February 2013 11:03
Metsä Board Corporation’s operating result excluding non-recurring items was EUR 74 million in 2012
Metsä Board Corporation Financial Statements 1 January–31 December 2012, 7 February 2013 at 12:00 noon Full year result for 2012 -Sales were EUR 2,108 million (Q1–Q4/2011: 2,485). -The operating result excluding non-recurring items was EUR 74 million (59). The operating…
Read 8982 times
Published in
Financial News
Thursday, 07 February 2013 08:30
Norske Skog: Challenging market and lower debt
Norske Skog continues to reduce debt and fixed costs despite challenging markets. Net loss was significantly influenced by non-cash items such as impairments and change in value of energy contracts. Norske Skog had gross operating earnings (EBITDA) in the fourth…
Read 5039 times
Published in
Financial News
Wednesday, 06 February 2013 11:00
Celanese Announces Acetyl Intermediates Price Increases
Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following products effective immediately, or as contracts allow. These increases are additive to the increases announced in January 2013.
Read 5168 times
Published in
Financial News
Wednesday, 06 February 2013 10:00
Stora Enso CEO Jouko Karvinen comments on fourth quarter and full year 2012 results
“Strong cash flow, earnings stable in fourth quarter - clearly deteriorating paper outlook requires further permanent capacity reductions “Stora Enso finished the fourth quarter with continued strong cash flow and operating earnings slightly up year-on-year, but slightly down on the…
Read 4109 times
Published in
Financial News
Tuesday, 05 February 2013 09:00
Bank Sankt-Peterburg to credit troubled Kondopoga pulpmill and suggests mill conversion
Karelia governor Aleksandr Hudilainen announced that Bank Sankt-Peterburg was chosen as investor for troubled Kondopoga pulpmill. "We will be crediting the pulpmill, but we are not going to enter this business", bank's press service told WhatWood. "Quite a good way…
Read 3702 times
Published in
Financial News
Wednesday, 30 January 2013 22:07
Containerboard prices in Russia in 2013 will grow by 11%
Selenga pulp and board mill (located in Buryatia Republic, belongs to Continental Management holding) expects a 16% growth in containerboard sales in 2013. In value terms, growth would amount to 29%. This will be possible due to growing market capacity,…
Read 3849 times
Published in
Financial News
Tuesday, 29 January 2013 13:08
International Paper Reports Fourth-Quarter and 2012 Earnings
International Paper (NYSE: IP) reported preliminary full-year 2012 net earnings attributable to common shareholders totaling $794 million ($1.80 per share) compared with $1.3 billion($3.03 per share) in full-year 2011. In the fourth quarter of 2012, the company reported net earnings of $235 million ($0.53 per share) compared with $281 million ($0.65 per…
Read 4078 times
Published in
Financial News
Tuesday, 29 January 2013 12:08
Ashland Inc. reports preliminary financial results for first quarter of fiscal 2013.
Ashland Inc. (NYSE: ASH), a global leader in specialty chemical solutions for consumer and industrial markets, today announced preliminary(1) financial results for the quarter ended December 31, 2012, the first quarter of its 2013 fiscal year. Ashland reported income from…
Read 4456 times
Published in
Financial News
Tuesday, 29 January 2013 08:51
Wood pellet exports from North America to Europe were up over 70% in the 3Q/12
Wood pellet exports from North America to Europe were up over 70% in the 3Q/12 year-over-year, reports the North American Wood Fiber Review Rapid expansion of wood pellet production in both the US South and British Columbia has dramatically increased…
Read 6030 times
Published in
Financial News
Monday, 28 January 2013 07:30
Celanese Announces Acrylic Emulsions Price Increase in Americas
Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a global leader in emulsion polymers, announced today it will increase the price of acrylic-based emulsions sold in the Americas. Pure acrylic and styrene acrylic emulsions will increase…
Read 3871 times
Published in
Financial News
Friday, 25 January 2013 14:00
SCA Year-end Report Q4 2012
The packaging operations that were divested on June 30, 2012, are reported for the current and preceding year only as a separate line item in the income statement – Net profit for the period from disposal group. Comments in this…
Read 3306 times
Published in
Financial News