www.pulp-paperworld.com - Financial News
Sunday, 26 August 2012 09:28
Tembec announces exchange offer for US $50 million Senior Secured Notes
Tembec Inc. (“Tembec”) has announced that its wholly-owned subsidiary, Tembec Industries Inc. (the “Company”), commenced an offer to exchange (the “exchange offer”) up to US $50 million in aggregate principal amount of the Company’s outstanding 11.25% Senior Secured Notes due…
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Wednesday, 22 August 2012 09:18
Lenzing Group: Good Half-Year Results in a Difficult Market Environment
The Lenzing Group performed very well in the first half of 2012 against the backdrop of a difficult market environment. The ambitious business targets were fully achieved. However, as expected, the record levels generated in the first half of 2011…
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Wednesday, 15 August 2012 14:30
NewPage Files Joint Chapter 11 Plan
NewPage Corporation has announced that it has filed a Joint Chapter 11 Plan (the "Plan") with the United States Bankruptcy Court for the District of Delaware. The Company also requested an extension of time to file the disclosure statement related…
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Friday, 10 August 2012 11:00
Ecolab Completes Bond Financing
Ecolab Inc. has announced that it has completed its public offering of $500 million of 1.000% senior notes due 2015. Ecolab expects to use the net proceeds from the offering to repay a portion of its outstanding commercial paper borrowings…
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Friday, 10 August 2012 08:45
Verso Paper Corp. Reports Second Quarter 2012 Results
Verso Paper Corp. has reported financial results for the second quarter and six months ended June 30, 2012. Results for the quarters ended June 30, 2012 and 2011 include: EBITDA of $44.4 million in the second quarter of 2012 compared to $38.8 million in the second quarter…
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Tuesday, 07 August 2012 08:26
Xerium Technologies Reports Second Quarter Results
Profitability Improves over First Quarter Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of industrial textiles and roll covers used primarily in the paper production process, announced today the results of its operations for the quarter ended June 30, 2012. Net…
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Tuesday, 07 August 2012 07:41
ANDRITZ GROUP: satisfactory business development in Q2/H1 2012
In the second quarter of 2012, the international pulp market was impacted by the global economic slowdown. Although there were single price increases for both short-fiber and long-fiber pulp at the beginning of April, these increases were withdrawn in most…
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Monday, 06 August 2012 07:13
Wood chip prices fell throughout the US and Canada in the 2Q/12
Wood chip prices fell throughout the US and Canada in the 2Q/12; the US South continues to have the lowest chip prices and Eastern Canada the highest, reports the North American Wood Fiber Review. Prices for softwood chips have…
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Friday, 03 August 2012 22:25
Xerium Technologies Receives Continued Listing Standards Notice from the NYSE
Xerium Technologies, Inc., a leading global manufacturer of clothing and roll covers used primarily in the paper production process, today announced that on August 2, 2012, it received notification from the New York Stock Exchange (NYSE) that it was not…
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Friday, 03 August 2012 19:14
Ashland Inc. announces expiration of previously announced cash tender offer
Ashland Inc. has announced the expiration, as of midnight, New York City time, on August 2, 2012 (the Expiration Time), of its previously announced cash tender offer (the Tender Offer) to purchase for cash any and all of its outstanding…
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Friday, 03 August 2012 11:00
Fritze to Retire at Year End; New Chief Financial Officer Announced
Ecolab has announced that its Chief Financial Officer, Steven L. Fritze, will step down as CFO on October 1, 2012, and will retire at the end of this year. Fritze has been Ecolab's Chief Financial Officer since 2002. Douglas M.…
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Friday, 03 August 2012 09:00
Ashland Inc. announces offering of senior notes due 2022 as part of a refinancing of its 9.125% senior notes due 2017
Ashland Inc. has announced its intention to offer $500 million aggregate principal amount of senior notes due 2022 (the Notes). The Notes will be unsecured, unsubordinated obligations of Ashland. Ashland intends to use the net proceeds of the offering,…
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Wednesday, 01 August 2012 10:15
Ahlstrom to publish January-June 2012 interim report on August 9, 2012
Ahlstrom will publish its January-June 2012 interim report on Thursday, August 9, 2012 approximately at 9.00 a.m. Finnish time (CET +1). Ahlstrom's President & CEO Jan Lång and CFO Seppo Parvi will present the report in Finnish at an analyst…
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Thursday, 26 July 2012 11:30
BASF confirms outlook for 2012 despite growing economic risks
2nd quarter 2012: Sales up 6% and EBIT before special items up 11%compared with previous year’s quarter Strong business in Agricultural Solutions Significant decrease in growth in China Outlook full year 2012: increase in sales and earnings targeted…
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Thursday, 26 July 2012 09:30
Kemira Oyj's Interim Report January-June 2012
Sales volumes and prices improved from Q1, fixed cost pressure continued Second quarter: Revenue grew 2% to EUR 562.3 million (548.8) supported by favourable currency exchange. Operative EBIT decreased 4% to EUR 35.7 million (37.3) with a margin of 6.3%…
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