As part of our continued support, Iconex wanted to provide an update on the Petition for the Imposition of Antidumping duties filed by Appvion Operations Inc. and Domtar Corporation. On May 6, the USITC published their preliminary findings in this case. The final position will not be determined until September or October of this year.
BTG Pactual announced that a consortium led by its Timberland Investment Group (TIG), along with British Columbia Investment Management Corporation (BCI), one of Canada's largest institutional investors, and APG, one of the world's largest pension providers, has agreed to acquire Chilean timberland assets from Arauco for US$ 385.5 million.
Graphic Packaging Holding Company, a leading vertically-integrated provider of sustainable fiber-based consumer packaging solutions, and CVC Capital Partners Fund VI today announced a definitive agreement under which Graphic Packaging will acquire AR Packaging Group AB ("AR Packaging"), Europe's second largest producer of fiber-based consumer packaging, for approximately $1.45 billion in cash, subject to customary adjustments.
UPM has signed an agreement to sell its Shotton newsprint mill site in North Wales, United Kingdom and all related assets to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş., the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding ("Eren").
Valmet will supply two Valmet Advantage DCT tissue lines, including automation system and three tissue rewinders, to Zhejiang Jingxing Paper Joint Stock Co., Ltd. in China.
