Press Releases

Press Releases

Market fundaments for Latin American pulp producers and near-term visibility for pulp prices are expected to be weak in 2017, leading to a shift in outlook from stable to negative for both ratings and the sector, according a new Fitch Ratings report. 'Prices for hardwood pulp remain weak due to…

Press Releases

International Paper will release fourth-quarter and full-year 2016 earnings on Wednesday, February 1, 2017 before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions, beginning at 10:00 a.m. ET (9:00 a.m. CT). The company is also announcing earnings…

Press Releases

Research and Markets has announced the addition of the "Forestry Machinery Market in China: Business Report 2016" report to their offering. The report presents analysis of forestry machinery market in China. Report Scope: •    Brief country profile includes general information and main economic indicators and specifies business environment in China…

Press Releases

International Paper is fighting hunger by partnering with Mid-South Food Bank to address the many hunger needs in the greater Memphis area. Chairman and CEO Mark Sutton, will present a $1.25 million dollar check to Mid-South Food Bank Wednesday, November 16, 2016 as part of the company's philanthropy strategy. The…

Press Releases

International technology Group ANDRITZ has received an order from Cartulinas CMPC S.A. to upgrade the complete bleaching system at its mill in Maule, Chile, which processes 100% radiata pine for the production of softwood BTMP (bleached thermo-mechanical pulp). Start-up of the upgraded bleaching system is scheduled for the fourth quarter…

Size Press for a 1200 tpd fluting and liner machine

A new size press for the production of fluting and liner has been delivered by OVERMADE to North American customer and installed in his existing line. The size press that has an operating speed of 1100 mpm and a paper width of 5800 mm, is capable to apply high starch…

Press Releases

The U.S.-Russia Business Council (USRBC or Council) announced today that Mark Sutton, Chairman and CEO of International Paper, has been unanimously approved by its Board of Directors to be the next Chairman of the USRBC. Mr. Sutton assumed the Chairmanship at the USRBC Annual Meeting in San Francisco on November…

Press Releases

Verso Corporation announced three strategic initiatives designed to drive increased efficiency in the allocation of its resources, reduce the company's cost of doing business, and improve Verso's operating and financial performance. As part of its comprehensive strategy to position the company for success in a challenging industry, Verso plans to…

Press Releases

The expansion of UPM Otepää plywood mill, started in the spring of 2015 along with the building of the new bio boiler plant, has been completed and will be inaugurated today. The expansion increases the mill's production capacity to 90,000 cubic meters per year. The new bio boiler plant, in…

Press Releases

Cascades Inc. reports its unaudited financial results for the three month period ended September 30, 2016. Q3 2016 Highlights     Sales of $1,021 million     (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))     Adjusted (excluding specific items)         OIBD of $103 million…