Article Archive - InfoBack to overview

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Article archive

Kappa plans to

close Hilden plant

In order to streamline and optimise its production structures in the western part of Germany, Kappa Packaging plans to shift production from Hilden to its other German plants. The Dutch paper and packaging group reported that AssiDomän Packaging... more

Mead / Westvaco marriage

continues spate of mergers

Two major producers operating in similar fields plan stock-swap merger Mead Corporation and Westvaco Corporation, two North American manufacturers, are to merge. The consolidation announced last Wednesday creates a company group with a sales... more

EUWID Price

Watch - Germany

August 2001 July 2001 August 2000 Pulp / metr. t cif b Bleached softwood sulphate from Scandinavia and Canada 450 - 460 $ 496 - 507... more

News in brief

Böwe Systec disclosed at the beginning of July 2001 that it will purchase a 60% stake in Protechno Card GmbH with effect from 2 January 2002. Böwe Systec will thus strengthen its activities regarding the production of facilities for the card... more

M-real profits weaken in

the first half of the year

Frequent downtime squeezed profits of Finnish M-real Oyi in the first half of 2001. Profits before extraordinary income/expenses came to EUR105.0m between January and June and were hence markedly lower than in the first half of 2000 (EUR149.4m).... more

Zanders records drop

in sales and results

German Zanders Feinpapiere AG had to pay tribute to weaker economic activity recorded by the fine paper manufacturing industry in the second quarter of 2001. At EUR119.8m, its sales were EUR9.1m, or 7%, lower in the second quarter than in the... more

Negotiations on starch

market are still under way

Negotiations and talks on the starch market brought about by the start of the new crop season and the end of the crop year are currently in full progress. Manufacturers and customers could so far not make any specific comments about the future... more

HIT records lower

sales in first half year

German HIT AG recorded sales of DM83m and net profits of DM44m for its paper merchanting operations in the first six months of 2001. The company reports that in the first half of this year sales were down by 17% compared to the first six months of... more

Smurfit Interwell has

made heavy investments

In the course of three years Smurfit Interwell GmbH, one of the largest Austrian corrugated board producers, has modernised its production plants under its Sch70m (EUR5.09m) investment programme. The company, which is based in Haid near Linz,... more

News in brief

French Bolloré group will not acquire the 35% stake of Italian conglomerate Montedison in Italian Dieci S.r.l., which holds a 100% stake in Italian paper manufacturer Burgo S.p.A. According to Mr. Vincent Bolloré, Mediobanca now holds a... more