News

DS Smith's shareholders approve acquisition of SCA Packaging

03 Feb 2012 − DS Smith shareholders have approved the acquisition of SCA's packaging business. The transaction is pending approval by EU antitrust authority.» more

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UPM to build a biofuel refinery in Finland

03 Feb 2012 − UPM announces the construction of a large-scale biodiesel refinery at the Finnish Kaukas site in Lappeenranta. UPM will produce 100,000 t of biodiesel from crude tall oil. Production to kick off in 2014.» more

Papeterie du Doubs in receivership, halts production

02 Feb 2012 − French manufacturer of packaging papers Papeterie du Doubs has been placed in receivership. Furthermore, the company has halted production at its mill on 27 January due to a lack of raw material.» more

Billerud to buy packaging paper business from UPM

01 Feb 2012 − Billerud will acquire UPM's packaging paper operations in Finland. The enterprise value of the transaction amounts to €130m, say parties involved. The transaction is expected to be completed in Q2 2012.» more