News

Staples to acquire Office Depot in a $6.3bn deal

05 Feb 2015 − Office Depot will become a wholly owned subsidiary of Staples and boost Staples' annual sales to $39bn.» more

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Coated woodfree paper prices lose more ground in Italy

03 Feb 2015 − With prices in decline, coated and uncoated fine paper suppliers are following the trend in pulp costs with concern and complaining about US-dollar gaining strength against the euro.» more

Voith restructuring: massive cutbacks for paper division

03 Feb 2015 − The engineering group Voith has announced an extensive restructuring project that will see the firm shed 1,600 jobs around the globe and sell one of its four divisions between now and the end of 2016. » more

May+Spies and German private consortium buy Papierfabrik Reflex

02 Feb 2015 − Buyers have finally been found for Papierfabrik Reflex, which has been under insolvency proceedings since October 2013. A group of investors, consisting of May+Spies and an unnamed private family consortium have taken...» more

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Spanish competition authority levies €98m in fines

28 Jan 2015 − Spain's competition authority CNMC (Comisión Nacional de Mercados y la Competencia) has imposed fines totalling €98.2m on 39 waste management and recovered paper companies and three trade associations. » more

Producer announces reduced NBSK pulp prices from February

27 Jan 2015 − In the fourth week of January, a pulp manufacturer gave his European customers notification of price cuts for NBSK pulp. He said that this move was attributable to the continued weakening of the Euro against the US...» more

Substantial price cuts for publication paper in France

27 Jan 2015 − With just a handful of exceptions, the latest round of publication paper price negotiations ended with manufacturers forced to make more concessions in France. Buyers had the upper hand in a prevailing buyers’ market...» more

MWV and Rock-Tenn to merge

26 Jan 2015 − Rock-Tenn Company and MeadWestvaco Corporation have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging in a transaction with a combined equity value...» more