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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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PaperWorks to increase CRB prices
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PaperWorks to increase CRB prices in April PaperWorks Industries, Inc. recently announced price increases coming into effect on April 21, 2011. The company will increase prices on all grades of coated recycled paperboard by $40 per ton.
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Price increase for softwood pulp
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Södra increases prices for softwood pulp Södra Cell recently announced an USD 30 increase for softwood pulp. New price valid from April 1st is USD 1010 per tonne.
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Stora Enso extends loan facility in China
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Stora Enso extends maturity of loan facility in China Stora Enso has signed a loan facility agreement with the International Finance Corporation (IFC) to extend the maturity of USD 128 million in syndicated loans under its existing facility with IFC.
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Sappi announces secured notes offering
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Sappi announces US$680 million senior secured notes offering Sappi Limited recently announced the offering of US$680 million, in euros and dollars, equivalent aggregate principal amount of senior secured notes to be issued in two series due 2018 and 2021, re
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Graphic Packaging to acquire Sierra Pacific assets
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Graphic Packaging to acquire assets of Sierra Pacific packaging Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company, recently announced that it has entered into a definitive agreement to acquire substantially all of the asse
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M-real to divest Premium Paper business
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M-real plans to divest the Premium Paper business M-real Corporation, part of Metsäliitto Group, has signed a Memorandum of Understanding (MoU) regarding a divestment of the Premium Paper business to a sister company of Papierwerke Lenk AG.
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Mercer International completes feasibility analysis
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Mercer International completes feasibility analysis to enhance mills Mercer International Inc. recently announced that it has completed a preliminary feasibility analysis for its Celgar and Stendal mills with respect to enhancing their operations and margins.
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