Press Releases

Press Releases

Rentech, Inc. today announced that Paul Summers has been appointed as chief financial officer of Rentech effective November 11, 2016. Mr. Summers will be responsible for overseeing the finance, treasury and accounting functions of the company. Mr. Summers will replace Jeffrey Spain, who is leaving the company in order to…

Press Releases

Enviva Partners, LP announced that the board of directors of its general partner declared a quarterly distribution of $0.5300 per common and subordinated unit for the third quarter of 2016, representing a $0.005 increase from the Partnership’s second quarter distribution. The quarterly distribution will be paid Tuesday, November 29, 2016,…

Press Releases

Evoqua Water Technologies today announced it has signed a definitive agreement to acquire privately held Environmental Treatment Systems, Inc., a leading provider of engineered solutions to the industrial wastewater market based in Acworth, GA. Terms were not disclosed. Environmental Treatment Systems’ industrial offerings serve the food processing, pulp and paper,…

Press Releases

Verso Corporation announced plans to temporarily idle the No. 3 paper machine at its Androscoggin Mill in Jay, Maine, reducing annual coated paper production capacity by approximately 200,000 tons.  Verso intends to implement this capacity reduction beginning in the first quarter of 2017. The mill also will idle a digester…

Press Releases

International Paper Chairman and CEO Mark S. Sutton, will speak at the Vertical Research Partners Global Materials Conference on November 17, 2016, in New York City. The presentation is scheduled to begin at 1:15 pm EST., followed by a question and answer session. All interested parties are invited to view…

Press Releases

Tembec announced today that it closed the sale of its sawmill and related forestry assets located in Senneterre, Quebec to Resolute Forest Products. The sale also included certain working capital items. The Company received proceeds of approximately $9 million on closing, subject to potential working capital adjustments. The transaction will…

Press Releases

Catalyst Paper Corporation announced that it has entered into a support agreement (the "Recapitalization Support Agreement") with securityholders representing about 70% of the Company's outstanding common shares (the "Common Shares") and 87% of its 11% PIK Toggle Senior Secured Notes (the "Notes") in respect of the previously announced alternative recapitalization…

Press Releases

Neenah Paper, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.33 per share on the company's common stock. The dividend will be payable on December 2, 2016 to stockholders of record as of close of business on November 11, 2016. About Neenah Paper, Inc.…

Press Releases

Louisiana-Pacific Corporation (LP) announced that it has reached an agreement with Norbord Inc. to exchange OSB mills in Quebec, Canada. LP will swap ownership of its Chambord, Quebec, mill for Norbord’s Val-d’Or, Quebec, mill. The asset exchange is expected to be complete in early November 2016. This transaction, along with…

Press Releases

International Paper today reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of $220 million ($0.53 per share) in the third quarter of 2015.…