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Published in issue 13/2022
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Russian pulp and paper producer Ilim Group has commented on the announcement made by the US paper and packaging company International Paper (IP) to possibly sell its share in the joint venture. US company IP has so far held a 50...
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Published in issue 13/2022
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Stora Enso has announced a major strategic step. The company will part with four publication and fine  paper mills making 1.7 million t of paper. Stora Enso has initiated a sales process for a possible divestment of four paper...
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Published in issue 51/2021
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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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Published in issue 35/2021
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International Paper (IP) is seeking public trading of its new subsidiary Sylvamo shortly. The company announced that regular trading of Sylvamo shares at the New York Stock Exchange would start on 1 October. According to the...
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Published in issue 32/2021
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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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Published in issue 29/2021
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The market for woodfree papers seems to recover. After cutting capacities in this sector during the pandemic, the Domtar Corporation is now taking a step in the opposite direction. The company has announced it will restart the...
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Published in issue 16/2021
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Stora Enso plans to permanently close Kvarnsveden and Veitsiluoto pulp and paper mills in the third quarter 2021, reducing paper capacity by 565,000 tpy of SC paper and improved newsprint, 260,000 tpy of coated magazine paper and...
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Published in issue 50/2020
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International Paper (IP) is planning to spin off its printing papers segment to make it a standalone, publicly traded company. The group explains it wants to sharpen its focus on the industrial packaging and cellulose fibres...
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Published in issue 43/2020
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The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Burgo group by Quattro R and Holding Gruppo Marchi (‘HGM'). The transaction was examined under the simplified merger...
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Published in issue 16/2020
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UPM is reducing its paper production in response to the current decline in demand in the printing and writing paper market. The company told EUWID that it had taken preparations to reduce production at its mills at short notice...
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