www.pulp-paperworld.com - Financial News
Monday, 08 July 2019 11:23
Verso Corporation Adopts Limited Duration Stockholder Rights Plan
Verso Corporation has just announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"), following the Board's evaluation and consultation with the Company's advisors, and has declared a dividend distribution…
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Monday, 08 July 2019 09:32
Verso Corporation Explores Strategic Alternatives And Approves Adoption Of Stockholder Rights Plan
Verso Corporation has just announced that its Board of Directors had in late March of 2019, reengaged Houlihan Lokey Capital, Inc. as the company's financial advisor to assist Verso in identifying and evaluating a range of potential strategic alternatives, including…
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Wednesday, 26 June 2019 10:41
Publishing of Valmet's Half Year Financial Review January - June 2019 on July 23, 2019
Valmet's Half Year Financial Review for January 1 - June 30, 2019 will be published on Tuesday, July 23, 2019 at approximately 3:00 p.m Finnish time (EET). The stock exchange release and presentation material in Finnish and in English will…
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Monday, 20 May 2019 16:23
Resolute Completes Five-Year Extension of ABL Credit Facility
Resolute Forest Products Inc. have just announced a 5-year extension of its senior secured asset-based revolving credit facility ("ABL credit facility") with an aggregate lender commitment of up to $500 million at any time outstanding, subject to borrowing base availability…
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Thursday, 09 May 2019 21:28
Pulpwood prices in North America were 5-10% higher in the 1Q/19 than the 1Q/18
Pulpwood prices in North America were 5-10% higher in the 1Q/19 than the 1Q/18, with prices in the US South having increased the most due to challenging weather conditions, as reported by the North American Wood Fiber Review The winter…
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Wednesday, 08 May 2019 07:37
Lenzing makes a very solid start to the 2019 financial year
Lenzing – The Lenzing Group continued its solid development in the first quarter of 2019. Despite a much tighter market environment, the Lenzing Group even recorded a slight increase in revenue, proving once again that it has chosen the right…
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Thursday, 28 February 2019 08:52
Valmet revises upwards its net sales guidance for 2019 due to the acquisition of GL&V
Valmet announced the acquisition of GL&V, a global provider of technology and services to the pulp and paper industry, by press release on February 26, 2019. Following the acquisition, Valmet revises upwards its net sales guidance for 2019. The new…
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Tuesday, 18 September 2018 08:32
Valmet hosts a Capital Markets Day today, September 18, 2018 in Helsinki
Valmet hosts a Capital Markets Day for institutional investors and analysts today, Tuesday, September 18, 2018 in Helsinki. The aim of the event is to provide information and an update on Valmet's progress in strategy execution and business outlook. Valmet's…
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Monday, 17 September 2018 06:35
BillerudKorsnäs Capital Markets Webcast 2018: “Unlocking the Potential”
“Unlocking the Potential” is the main theme of BillerudKorsnäs’ Capital Markets Webcast on 17 September 2018. During the webcast, BillerudKorsnäs will provide a strategy update including more insights into the Next Generation and Production Excellence programmes. The group’s long-term financial…
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Friday, 14 September 2018 08:10
Brigl & Bergmeister announces 11% price increase on all deliveries effective January 1st 2019.
This measure is inevitable and aimed to partially offset the continuous and extreme increase of raw material cost over the previous months. Our experience of the past two years has shown that especially the pulp market remains very volatile and…
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Wednesday, 18 July 2018 09:26
Latest market data demonstrate strong performance of European pulp and paper industry
CEPI, the European association representing the pulp and paper industry, today released its annual market and industry review for 2017 which confirms, despite a challenging global environment, the strong performance of industry in Europe.“The 2017 figures demonstrate that the European…
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Thursday, 12 July 2018 08:47
Kemira increases prices of sizing technologies
Kemira, a global chemicals company serving customers in the pulp and paper industry, announces price increases for sizing technologies globally. Effective immediately or as contracts allow, the price of FennoSize ASA and AKD based offerings will increase by up to…
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Financial News
Wednesday, 11 July 2018 08:50
BillerudKorsnäs will make a provision of SEK 450 million in the second quarter 2018
BillerudKorsnäs has within the scope of the recently launched group-wide program for improved production efficiency decided to implement measures with the aim of strengthening the workplace efficiency and environment at several of the Group’s mills. In total, a provision of…
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Thursday, 31 May 2018 11:08
Sonoco Implementing Price Increase for All Uncoated Recycled Paperboard Products
Sonoco (NYSE:SON) has just announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning July 2, 2018. Sonoco cited continuing inflation of…
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Friday, 18 May 2018 10:30
Kemira Pulp & Paper segment implements price adjustment to offset increasing freight costs in North America
Effective June 1, 2018, to offset rapid and unprecedented increases in freight costs, Kemira will implement a $0.02/pound price adjustment for all Process & Functional Chemicals sold on a delivered basis to pulp and paper customers in North America. The…
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