Tag Archives: report

Andritz starts up an innovative reject handling line at Sun Paper Savannakhet, Laos

Andritz has successfully started up a complete, innovative reject handling line as well as key stock preparation equipment at Sun Paper Savannakhet, Savannakhet Province, Laos. ANDRITZ’s scope of supply includes a compete reject handling line that processes rejects from the mill’s two OCC lines and the pulp drying line on site and has a design […]

Koehler Paper increases paper prices

Increase in trade and insufficient transport capacities exacerbates raw material situation. Koehler Paper uses long-term raw material planning to safeguard its delivery commitments. Focus on supply chain management.   The coronavirus pandemic caused global disruption to raw material production and also to international shipping. After just six months, global trade had recovered, resulting in a […]

Platinum Equity to acquire Solenis for $5.25 billion

Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion.   As part of the transaction, Solenis is expected […]

Valmet and Neles to merge

Valmet Oyj and Neles Corporation announce that their respective Boards of Directors have today signed a combination agreement and a merger plan to combine the two companies through a merger. Transaction highlights: – The Combined Company will be a leading company with a unique offering for process industries globally with illustrative combined net sales for […]

Red Leaf Pulp to build $350 million wheat straw pulp mill

Red Leaf Pulp Ltd., developer of a proprietary wheat straw-based pulp mill, announced the company will locate its initial facility in Regina, Saskatchewan, Canada. The Company has secured properties on the west side of the City of Regina and will commence construction of the $350 Million facility in early 2022. The initial plant will have […]

Price Of All Grades Dashing Towards All Time High

China’s paper market seems to have gone crazy with runaway price increases on almost all grades and towards all-time heights! By early March, the list price of fully coated paper came close to RMB6,500/mt, rebounding +44% from May 2020 when the market was battered to the bottom by the pandemic! For tissue paper, the price […]

Scrap paper and plastic markets hit by confluence of forces

Supply and demand realities for key curbside materials are evolving fast, impacted by the coronavirus pandemic, domestic processing capacity increases, and other key trends, according to two experts. Bill Moore of Moore & Associates and Stephanie Baker of KW Plastics last week described the factors impacting recycled material end markets. They spoke during a session […]

Verso Corporation Reports Third Quarter 2020 Financial Results

Verso Corporation (NYSE: VRS) today reported financial results for the third quarter of 2020 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending December 31, 2020, in the amount of $0.10 per each outstanding share of Verso’s Class A common stock. The quarterly cash dividend is payable […]

Total U.S. Printing-Writing Paper Shipments Decreased 21 Percent in September 2020

The American Forest & Paper Association (AF&PA) has released its September 2020 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 21 percent in September compared to September 2019. U.S. purchases of total printing-writing papers decreased 20 percent in September compared to the same month last year. Total printing-writing paper inventory levels […]

Mercer International Reports Third Quarter 2020 Results

Mercer International Inc. (Nasdaq: MERC) reported third-quarter 2020 Operating EBITDA decreased to $45.6 million from $50.8 million in the third quarter of 2019 and increased from $40.5 million in the second quarter of 2020. In the third quarter of 2020, net income was $7.5 million (or $0.11 per share) compared to $1.2 million (or $0.02 […]