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Showing 6 articles from October 1, 2014.

Jim's and Steve's Book & Film Club

September 2014

Download Audio File of the September 2014 Nip Impressions columns.

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Industry News

Stora Enso to sell Corenso
Stora Enso to sell Corenso

Stora Enso announced this week that it has signed an agreement to divest its Corenso business operations to the Finnish packaging materials company Powerflute Oyj. The enterprise value of the transaction is approximately Euro 90 million, and the expected all cash consideration approximately Euro 75 million.

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Canfor purchases mill
Canfor purchases mill

The purchase price excluding working capital is $48.7 million (USD) and the completion of the transaction is expected at the end of the first quarter of 2015

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Leading Stories

Verso closing Bucksport mill
Verso closing Bucksport mill

The closure of the mill is expected to occur in the fourth quarter of 2014. The mill closure will reduce Verso's coated groundwood paper production capacity by approximately 350,000 tons and its specialty paper production capacity by approximately 55,000 tons.

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Glatfelter completes acquisition
Glatfelter completes acquisition

Glatfelter announced today (1 Oct 2014) that it has completed the previously announced acquisition of Spezialpapierfabrik Oberschmitten GmbH (SPO) from FINSPO Beteiligungs-GmbH for €8.5 million (approximately U.S.$11 million)

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Mercer International to acquire minority interest in its Stendal mill
Mercer International to acquire minority interest in its Stendal mill

Additionally, Mercer said it has successfully amended Stendal's senior project finance credit facility

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