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Published in issue 28/2022
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A new forest products giant group is to be formed in North America as Paper Excellence, through its wholly owned subsidiary Domtar entered into a definitive agreement to acquire Resolute Forest Products. Accordingto Paper...
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Published in issue 18/2022
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Coming on stream after a 16 weeks' strike, UPM's Finnish paper mills might bring a new twist to the supply-demand ratio on European printing and writing paper markets. After the strike at UPM's mills in Finland ended Friday last...
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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 41/2021
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Stora Enso has closed paper production at the Veitsiluoto and Kvarnsveden mills according to plan. All five paper machines ceased production by the end of Q3.In Kvarnsveden, production on the PM 10 was definitely stopped on 29...
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Published in issue 36/2021
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Finnish company Stora Enso has now concluded all negotiations with trade unions on the forthcoming closure of pulp and paper production at its Kvarnsveden mill in Sweden. The mill is to be permanently closed down from 30 September...
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Published in issue 25/2021
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Stora Enso has completed co-determination negotiations concerning the closing down of pulp and paper production at its Veitsiluoto mill in Finland. The company says that the closure will take place during the third quarter of this...
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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 6/2021
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At the start of February, Stora Enso resumed regular sheeting operations at the Veitsiluoto industrial complex in Kemi, Finland, after five days of commercial downtime. About 50 employees had been temporarily laid off on 25...
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Published in issue 41/2020
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Italy's private equity and turnaround investment firm Quattro R has reached an agreement to acquire a controlling stake in Burgo group in partnership with Holding Gruppo Marchi (HGM). Quattro R and the Marchi family holding...
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