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Billerud Korsnäs completes Verso takeover

01 April 2022
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Published in issue 14/2022
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~ 1 min
The acquistion will accelerate Billerud Korsnäs' growth in North America. Verso common stock ceased trading on the New York Stock Exchange prior to the opening on 31 March, according to Billerud Korsnäs. Sweden’s packaging paper...
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Rouen to claim pre-emptive right to acquire Chapelle Darblay

27 October 2021
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Published in issue 43/2021
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~ 1 min
The Rouen Métropole Normandie municipal agency has objected to UPM’s plans for the idled Chapelle Darblay newsprint mill in France. When UPM decided to sell the mill to Paprec and Samfi and signed a sale agreement, the municipal...
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Quantum Capital Partners acquires Papresa, plans partial conversion to containerboard

Quantum Capital Partners acquires Papresa, plans partial conversion to containerboard

Quantum Capital Partners acquires Papresa, plans partial conversion to containerboard
05 August 2020
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Published in issue 32/2020
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~ 2 min
Spanish newsprint producer Papresa is being acquired by investment company Quantum Capital Partners. A Quantum spokesperson confirmed to EUWID that the purchase agreement with the previous owner – US investment fund KKR – was...
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Verso idles two mills for  indefinite period of time

Verso idles two mills for indefinite period of time

Verso idles two mills for  indefinite period of time
17 June 2020
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Published in issue 25/2020
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~ 2 min
In the light of persistently challenging market conditions, US paper manufacturer Verso Corporation has decided to slash its capacity – at least temporarily. The publication paper manufacturer is idling more than 40 per cent of...
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International Paper considers to discontinue newsprint production at its Kwidzyn mill

IP mulls switching production from newsprint to packaging paper in Kwidzyn

International Paper considers to discontinue newsprint production at its Kwidzyn mill
04 December 2019
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Published in issue 49/2019
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~ 2 min
International Paper (IP) is mulling a switch at the Kwidzyn paper mill to more financially attractive segments, in the event of which the Polish site may stop producing newsprint. According to market insiders, the PM 3 at the site...
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Stora Enso exits Chinese paper market

Stora Enso to exit Chinese paper market

Stora Enso exits Chinese paper market
31 July 2019
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Published in issue 31/2019
|
~ 3 min
Stora Enso will sell its 60 per cent stake in the Dawang publication paper mill in Dongying, China. The mill is operated by a joint venture with Shandong Huatai Paper, who will take over the entire mill. Stora Enso said that the...
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Sappi stops PM 6 in Maastricht and starts rebuild

17 January 2018
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Published in issue 3/2018
|
~ 1 min
Sappi Europe has started the rebuild of PM 6 at its Dutch mill in Maastricht. The company said that production on the machine was stopped on 9 January for possibly as long as four weeks. PM 6 has a capacity of 280,000 tpy of...
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Metsä Board stops first fine paper machine at Husum mill in October, revamp of PM 8 completed

02 September 2015
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Published in issue 36/2015
|
~ 2 min
Metsä Board’s project to turn the Swedish Husum mill from a graphic paper mill into a packaging paper and board mill is in full swing. Along with its results for the first half of the year, the company published a detailed...
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