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Text no.: 018 Issue PP24/2008 Publication date: 11.06.2008
Many North American companies
see first quarter earnings slide
Difficult economic conditions and high costs put results under pressure
The continuing cost inflation was cited by most North American paper companies to be the one factor that most
affected their business results in the first quarter of 2008.... more 
Text no.: 017 Issue PP24/2008 Publication date: 11.06.2008
Katahdin Paper indefinitely
closing SC paper line
Katahdin Paper Company LLC will discontinue production of SC paper. On 28 July 2008 the company will indefinitely
close its SC paper line at the Millinocket/Maine site. The company cites severe cost increases as main reason for this
move. “The... more
Text no.: 014 Issue PP24/2008 Publication date: 11.06.2008
Metso and EPT form
joint venture in India
Metso, via its subsidiary Metso Power, and Indian EPT Engineering Services Pvt. Ltd. have formed a joint venture called
Metso Power India Private Limited. Metso holds a majority stake of 51% in the joint venture which is scheduled to start... more
Text no.: 016 Issue PP24/2008 Publication date: 11.06.2008
NewPage plans to take
market-related downtime
NewPage Corporation has announced production cuts which the company describes as a move to adapt to market
conditions. The company will reduce coated paper production at all its mills in June and July by a total of 25,000
t. Furthermore, the US... more
Text no.: 015 Issue PP24/2008 Publication date: 11.06.2008
News in brief
- Inapa – Investimentos, Participações e Gestão SA has divested a holding in the Azores as part of its Inapa
2010 programme. The Portuguese paper trading group sold its share in Papéis Carreira Açores Lda in late May for
€750,000.... more
Text no.: 013 Issue PP24/2008 Publication date: 11.06.2008
Sihl + Eika group’s
profits increased
The Swiss Sihl + Eika group once again succeeded in increasing its sales volume, net sales and operating profit and
continued to expand its market share in Switzerland. Since spring 2007 the Sihl + Eika group has been wholly owned by
Papyrus, the... more
Text no.: 010 Issue PP24/2008 Publication date: 11.06.2008
M-real to curtail production
in the summer months
M-real has joined the group of coated woodfree manufacturers who have announced market-induced production
curtailments between June and August. The company said that production would be curbed by 10-20% depending on
product and market mix.... more
Text no.: 003 Issue PP24/2008 Publication date: 11.06.2008
Czech Republic: production, exports, imports and consumption
January March 2008
(tons) Production Exports Imports Consumption
Newsprint 30,909 15,622 21,107 36,394
Uncoated printing and writing
mechanical 11,544 7,332... more
Text no.: 012 Issue PP24/2008 Publication date: 11.06.2008
Sequana to reorganise
Arjowiggins and Antalis
Arjowiggins and Antalis are poised to go through organisational changes. Responding to markets beset by high
pulp prices, rising energy costs and unfavourable exchange rates, Sequana Capital has decided on a package of
reorganisation measures... more
Text no.: 009 Issue PP24/2008 Publication date: 11.06.2008
Metso Paper to upgrade pulp mill in Malaysia
Metso Paper has been appointed by Sabah Forest Industries (SFI), a Malaysian subsidiary of Indian company Ballarpur
Industries Limited (BILT), to upgrade its pulp mil in Sabah/Malaysia. Metso puts the value of the order, which includes
building a new wood preparation plant, rebuilding the pulp boiler and the pulp line as well as upgrading the white liquor... more
