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Stora Enso to divest Kvarnsveden site

Stora Enso to divest Kvarnsveden site

Stora Enso to divest Kvarnsveden site
02 March 2022
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Published in issue 9/2022
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~ 1 min
Stora Enso has signed a letter of intent to sell the Kvarnsveden site in Sweden to battery cell producer Northvolt. Production at the site, which used to produce up to 565,000 t of SC paper and improved newsprint, was permanently...
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Is Resolute set to part ways with its tissue business?

Is Resolute set to part ways with its tissue business?

Is Resolute set to part ways with its tissue business?
16 February 2022
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Published in issue 7/2022
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~ 3 min
US forestry group Resolute Forest Products is considering the options for its tissue business, which it launched as recently as 2015. In its annual report for 2021, the company stated that it was exploring strategic options for...
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Norske Skog: healthy fourth quarter helps to reduce losses in the full-year 2021

09 February 2022
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Published in issue 6/2022
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~ 2 min
After making significant losses in the second and third quarters of 2021, Norske Skog reported strong figures for the fourth quarter with sales growth of 25 per cent and a net profit of NOK400m. The result certainly improved...
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Global Hygiène plans to take over Papeterie de Bègles

26 January 2022
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Published in issue 4/2022
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~ 2 min
The idled paper mill Papeterie de Bègles will be sold. The paper mill in southwestern France used to manufacture paper for plasterboard. Etex Group, a Belgian construction materials company and the owner of the site, agreed on the...
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Billerud Korsnäs to take over US paper producer Verso and convert assets into board production

22 December 2021
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Published in issue 51/2021
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~ 3 min
Swedish board and packaging paper producer Billerud Korsnäs has announced its acquisition of US publication and fine paper producer Verso Corporation for a purchase price totalling around $825m. Following completion of the...
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IP: Spin-off of printing paper business in late 2021

11 August 2021
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Published in issue 32/2021
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~ 1 min
International Paper’s printing paper activities have been named Sylvamo. Sylvamo is currently a subsidiary of International Paper, but shall be turned into a standalone, publicly traded company with headquarters in Memphis,...
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Paprec plans acquisition of Dalkia Wastenergy, expands wte business in France, Poland and the UK

14 April 2021
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Published in issue 15/2021
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~ 3 min
French recycling group Paprec is aiming to expand further into the waste to energy (wte) market. On 24 March, Paprec announced that it had entered into exclusive negotiations on the acquisition of Dalkia Wastenergy. The company...
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Segezha Group to go public on Moscow stock exchange

14 April 2021
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Published in issue 15/2021
|
~ 2 min
Vertically integrated forest products company Segezha Group, a subsidiary of Russia’s conglomerate Sistema Corporation, is planning to go public in due time. The company announced it will launch an initial public offering and list...
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VPK still interested in acquiring UPM Chapelle Darblay

31 March 2021
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Published in issue 13/2021
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~ 2 min
UPM‘s Chapelle Darblay newsprint mill in France has been standing idle since last July but the local government still hopes that the site will be sold and rebuilt. A UPM spokesperson confirmed that there are still candidates...
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CPH plans to merge with Uetikon Industrieholding

03 February 2021
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Published in issue 5/2021
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~ 1 min
Uetikon Industrieholding is planned to be merged with CPH Chemie + Papier Holding. According to CPH, the parent company of Swiss publication paper manufacturer Perlen Papier, the company‘s free shareholders, who had been minority...
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