Global Paper Money

Bioactive Paper Research Receives Added Funding for Bioactive Paper Development

Researchers working to commercialize bioactive paper received a second-term, five-year boost of CAD 7.5-million.

AbitibiBowater to Sell its Ontario Hydro Assets

AbitibiBowater has agreed to sell its 75% indirect interest in ACH Limited Partnership.

Meriturn Initiates Agreement to Acquire Katahdin Paper

Meriturn Partners, LLC announced today it has signed a tentative agreement with Brookfield Asset Management to acquire Katahdin Paper Co.

UPM Raflatac to Acquire Gumtac Labelstock Operation

UPM Raflatac has announced plans to acquire Gumtac,the Brazilian labelstock coating and slitting business of BIC Group.

Central National-Gottesman Acquires Turkish Paper Merchant

Central National-Gottesman has acquired a 78% ownership interest in Korda Kagit Pazarlama ve Ticaret A.S. in Turkey.

Cascades Sells its Norampac Avot-Vallée Mill in France

Cascades Inc. has reached an agreement with OpenGate Capital, a private equity firm, for the sale of its Norampac Avot-Vallée mill in France.

Ainsworth Lumber Completes Acquisition of Footner Forest Products

Ainsworth Lumber Co. Ltd. has completed the purchase of the remaining 50% of Footner Forest Products Ltd.

Canfor to Upgrade Sawmills in British Columbia

Canfor Corporation will be proceeding with capital improvement projects totaling CAD 62 million.

M-real Corporation, part of Metsäliitto Group, plans to increase the annual folding boxboard capacity of its Äänekoski and Kyröskoski mills.

Boise to Acquire Tharco Packaging

Boise and Tharco Packaging boards of directors have approved an agreement under which Tharco will be acquired.

Greif, Inc.

Greif plans to release first quarter 2011 results after the market closes 02 March 2011.

Deutsche Bank's Question Bank

AbitibiBowater will permanently close its paper machine at its Coosa Pines, Alabama, USA.

Andritz has been awarded an order by Graphic Packaging International to supply a 350,000 lb/h biomass steam boiler for the company’s mill in Macon, Georgia, USA.

Canexus Income Fund

Canexus Income Fund announces closing of CAD 477 million bought deal secondary offering of trust units.

Neenah Paper

Neenah Paper, Inc. has elected to conduct an early redemption of USD 65 million in notes.

Verso Paper Corporation Achieves Safety Milestone

Verso Paper Corporation exceeded the company's safety goals for 2010.

Fraser Papers' Restructuring Plan Approved by Creditors

Fraser Papers Inc. and its subsidiaries announced that creditors of the company approved an amended consolidated plan of compromise.

Metso to Deliver Gasification Technology to Göteborg Energi AB

Metso will supply a gasifier to sustain new gasification technology to Göteborg Energi AB.

Metso will supply a new recovery boiler and evaporation plant for Eldorado Celulose e Papel S.A.

AbitibiBowater to Permanently Close Paper Production

AbitibiBowater announced today that it will permanently close its paper machine at its Coosa Pines, Alabama operation

Metso Supplies a Recovery Boiler to Grasim Industries in India

Metso will supply the Harihar Polyfibers unit of Grasim Industries Limited with a recovery boiler.

Metso Expands its Maintenance Cooperation With SAICA

Metso and SAICA have made an outsourcing agreement on the mill maintenance of Saica Containerboard UK Ltd’s paper mill

Sonoco has reached and agreement with the Composite Can and Tube Institute to make the company's patented radial crush tester for paper tubes available to the industry.

Holmen to Close Paper Machine in Madrid

Holmen Paper will be shutting down production of printing paper at its smaller paper machine in Madrid

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