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Stora Enso issues seven-year Eurobond
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And announces tender offer Stora Enso is issuing a seven-year Eurobond under its EMTN (Euro Medium Term Note) programme and announcing a tender offer for its EUR 750 million Eurobond maturing in 2014.
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Billerud increasing price for NBSK pulp
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Effective March 1 Swedish market pulp producer Billerud is informing clients that it is increasing the price for northern bleached softwood kraft (NBSK) pulp by $20/tonne to $850/tonne, effective March 1.
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International Paper to build new box plant in Spain
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First greenfield box plant in almost two decades in the Europe International Paper announced that it plans to construct a new corrugated packaging plant in Villalbilla to build out its position in Spain, the fourth largest corrugated packaging market in Europe
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SCA to acquire Taiwan-based Everbeaty
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Might substantially strengthen SCA’s position in Asia SCA has made a binding offer to acquire the Taiwan-based hygiene products company Everbeauty. The purchase price for the deal amounts to approximately SEK 1.9bn (USD 290m) on a debt-free basis.
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Canadian engineer free after six months in jail
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Pulp and paper engineer Rick van Lee was freed from jail in Indonesia following an appeal to the High Court in Pekanbaru. On Feb. 2, the court changed van Lee’s sentence to six months (which equaled time served) and released him.
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Forest industry backs accelerated caribou recovery
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The Forest Products Association of Canada (FPAC) is telling Environment Canada that it can both fast track caribou conservation and also ensure a prosperous forest industry. FPAC submitted a brief to the government concerning the draft...
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