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Text no.: 005 Issue PP24/2005 Publication date: 15.06.2005
AgfaPhoto
is insolvent
German AgfaPhoto GmbH has filed an insolvency petition. The photographic paper producer’s inability to pay concerns
800 employees in Leverkusen, 80 in Vaihingen/Enz, 260 in Windhagen, 300 in Munich and 200 in Peiting. The AgfaPhoto
group employs... more 
Text no.: 012 Issue PP24/2005 Publication date: 15.06.2005
Stora Enso finalises
acquisition of Corenso
Stora Enso has finalised the previously announced acquisition of UPM’s 29% minority interest in Corenso United Oy Ltd.
following approval of the acquisition by the relevant regulatory authorities. Stora Enso acquired the shareholding to gain... more
Text no.: 006 Issue PP24/2005 Publication date: 15.06.2005
Billerud speeds up
rationalisation programme
Following earlier announcements that Swedish Billerud AB would reorganise itself with a view towards cutting costs of
SKr250m per year, the company has now said that it planned to speed up the reorganisation programme. The
management has decided... more
Text no.: 009 Issue PP24/2005 Publication date: 15.06.2005
Mayr-Melnhof’s Q1 result
slightly below last year’s
In the first quarter of 2005 Austrian Mayr-Melnhof registered a result that was slightly lower than in the corresponding
period of the previous year. The profit for the period dropped slightly to €25.3m (Q1 2004: €26.6m). The group attributes... more
Text no.: 023 Issue PP24/2005 Publication date: 15.06.2005
Germany: recycled containerboard
prices continue to decline
Recovered paper: prices for bulk grades cut by up to €10/t in June
The market for recycled corrugated case material remains characterised by decaying prices in June. After reductions of
€10-15/t on April prices, in one or two cases even up to... more
Text no.: 022 Issue PP24/2005 Publication date: 15.06.2005
German advertising industry
overcomes sales crisis
The German advertising industry has come out of its three years of sales crisis. According to the central advertising
association of Germany (ZAW), the advertising investments (fees, production costs, media buying) rose by 1.1% in the
year 2004 to... more
Text no.: 018 Issue PP24/2005 Publication date: 15.06.2005
A&R Carton divests
Primepac in MBO
Swedish A&R Carton plans to divest the business of manufacturing and selling Primepac products. The Primepac
business will be taken over by current general manager Paul Nixon together with Fine Colour Packaging UK via a
management buy-out (MBO).... more
Text no.: 024 Issue PP24/2005 Publication date: 15.06.2005
PIX benchmark prices per metr. ton a.d. NBSK BHKP
US$ €
14 June 2005 602.54 486.18
7 June 2005 605.16 483.78
17 May 2005 621.22 471.83
(Source: FOEX Indices Ltd.)
© Copyright EUWID GmbH, Gernsbach
more
Text no.: 010 Issue PP24/2005 Publication date: 15.06.2005
Badger Paper closes
Fourdrinier line
U.S. manufacturer of specialty paper and flexible packaging Badger Paper Mills Inc. has announced plans to indefinitely
close its Fourdrinier line at the Peshtigo site in Wisconsin. The company reported that the closure of the machine, which... more
Text no.: 005 Issue PP23/2005 Publication date: 08.06.2005
Sihl + Eika strengthens
earnings and market position
Swiss paper wholesaler Sihl + Eika Papier AG succeeded in strengthening its earnings and market position during the
2004 financial year. In line with slight economic recovery trends, the Sihl + Eika group generated 4.2% sales growth in
2004... more
