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M-real to divest Gohrsmühle mill, Germany
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M-real plans measures to eliminate losses of its paper business M-real Corporation, part of Metsäliitto Group, plans to divest the entire Gohrsmühle mill in Germany or alternatively parts of the mill separately based on a Paper Park concept.
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RockTenn announces price increase
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RockTenn announces price increase on bleached paperboard products RockTenn announced recently a $50 per ton price increase on CartonMate(R) bleached paperboard products. Price increases are effective with shipments on June 6, 2011.
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Södra announces new Softwood pulp price
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Södra announces new price for Softwood pulps Södra Cell recently announced a price increase for Softwood Pulps in Europe. New price valid from June 1st is USD 1040, price valid until further notice.
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Fibria profits R$389 million in 1Q11
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Fibria reports results on first quarter 2011 In the first quarter of 2011, Fibria posted net income of R$389 million, up 140% quarter-on-quarter, in large part due to the results of the sale of Conpacel and KSR.
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Mondi signs new revolving credit facility
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Mondi signs new €750 million revolving credit facility Mondi recently the signing of a new €750 million, 5-year revolving multicurrency credit facility to refinance its existing €1.55 billion credit facility that was due to mature in June 2012.
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Weyerhaeuser declares dividend
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Weyerhaeuser declares dividend The board of directors of Weyerhaeuser Company on April 14 declared a dividend of 15 cents per share on the common stock of the corporation payable June 1, 2011 to shareholders of record at the clo
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RockTenn announce price increase
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RockTenn announce price increase on uncoated recycled paperboard RockTenn announced recently a $50 per ton price increase on all grades of uncoated recycled paperboard. Price increases are effective with shipments on May 16, 2011.
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UPM associated company sells Fingrid shares
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Pohjolan Voima sells Fingrid shares to the State of Finland and Ilmarinen The energy company Pohjolan Voima Oy, the State of Finland and the Mutual Pension Insurance Company Ilmarinen recently signed a contract on the sale of Pohjolan Voima s 25% shareholding of Fingrid,
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IP reports solid first quarter earnings
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strong global operations and continued strong free cash flow
International Paper recently reported first-quarter 2011 net earnings attributable to common shareholders totaling $342 million ($0.78 per share) compared with ne
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