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Published in issue 1/2023
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Canadian Commissioner of Competition has approved the acquisition of Resolute Forest Products by Domtar Corporation, a wholly owned subsidiary of Canada’s Paper Excellence. Under the definitive agreement signed in July 2022 Domtar...
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Published in issue 35/2021
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Engineering company Voith has bagged an order from Chinese company Shandong Huatai Paper to rebuild PM 11 to produce woodfree uncoated paper. In response to changed market demand, Shandong Huatai Paper decided to switch and...
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Published in issue 22/2021
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Stora Enso announced that it would sell its Sachsen mill in Eilenburg, Germany, to Swiss Model Group for €35m. Model Group will convert the mill, which is producing various specialty newsprint grades and deinked pulp, to the...
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Published in issue 1/2015
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Verso Paper Corp has cleared a major hurdle in its efforts to acquire New Page Holdings: the company reached a settlement with US anti-trust authorities allowing the deal to take place provided that New Page’s mills in Rumford and...
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Published in issue 32/2013
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UPM will streamline its business portfolio and sharpen its product focus to address market challenges and boost profitability. To do so, changes are to be made in the structure of the corporate sectors. According to UPM, the new...
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Published in issue 21/2013
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Stora Enso has stopped newsprint production on PM 2 in Hylte and PM 11 in Kvarnsveden. The company explained that production was halted on May 16 for market related reasons and would now be suspended for the time being. Last...
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Published in issue 20/2013
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Mondi Group will reduce its newsprint capacities in South Africa. At the same time, Mondi has expanded its presence in the Middle East by entering the Iraqi industrial sack market.The group plans to permanently close a newsprint...
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Published in issue 37/2011
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New Page Corporation is in financial difficulties and has filed for creditor protection under Chapter 11 of the US bankruptcy law. The Canadian subsidiary New Page Port Hawkesbury is seeking creditor protection in accordance with...
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