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Thursday, September 02, 2010
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Nordic Paper Firms Eye Newsprint Joint Venture - Newspaper
Dow Jones Newswires 9/2/2010 08:23
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| STOCKHOLM (Dow Jones)--Nordic paper firms Norske Skog (NSG.OS), Stora Enso (STERV.HE) and Holmen (HOLM-B.SK) are planning to consolidate all or part of their newsprint production into a new joint venture, to remove excess capacity and lift prices in a segment that is suffering heavy losses, according to Finnish newspaper Helsingin Sanomat.
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Currency Rates Of Pulp and Paper Producing Countries
Dow Jones Newswires 9/2/2010 08:13
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| Currency rates of pulp and paper producing countries for September 2, 2010. |
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Wednesday, September 01, 2010
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European Publication Paper: July Shipments Up 5.2%
Pap'Argus 9/1/2010 14:19
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| According to Cepiprint, the Association of European Publication Paper Producers, total European shipments of Newsprint edged up 2.7% (24,000 tonnes) in July compared to the same period last year. The rise was the result of a 2.0% increase in domestic shipments partly to Germany, plus a 5.9% rise in exports of the grade to countries including Brazil. European demand for Newsprint remained stable at 0.2% last month. Over the year shipments increased 4.8% compare to last year.
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Gascogne: Half-yearly Turnover up 3.1% During a Critical Period
Pap'Argus 9/1/2010 14:12
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| The Gascogne Group (wood, paper, sacks) reported half-yearly turnover of 289.7 million euros for the first six months 2010, up 3.1% on the same period 2009, at a critical time for the group’s future.
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Currency Rates Of Pulp and Paper Producing Countries
Dow Jones Newswires 9/1/2010 08:13
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| Currency rates of pulp and paper producing countries for September 1, 2010. |
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US July Construction Spending Drops To Decade Low
Dow Jones Newswires 9/1/2010 14:15
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WASHINGTON -(Dow Jones)- U.S. construction spending declined in July to the lowest level in 10 years, dragged down by a housing market suffering from a withdrawal of government support.
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DS Smith Acquires Carlyle's Majority Stake In Otor
Dow Jones Newswires 9/1/2010 10:59
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| LONDON (Dow Jones)--DS Smith PLC (SMDS.LN), an international Group focused on the production of packaging and paper and the distribution and manufacture of office products, said Wednesday it has acquired all the shares held directly and indirectly by The Carlyle Group in Otor S.A. (ALOTO.FR), representing 94.75%. of the share capital of Otor, together with shares in Otor held by management.
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Unisource Worldwide Working with its Suppliers to Complete Sustainability Scorecard
Walden-Mott Corp. 9/1/2010 13:24
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| NORCROSS, GA - August 31, 2010 – Unisource Worldwide, Inc., one of the leading distributors of paper, packaging and facility supplies in North America, is now asking its suppliers to complete a Sustainability Scorecard to ensure that environmental responsibility is being practiced and assessed according to standard industry procedures.
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Acquisition by DS Smith of Carlyle's Majority Stake in Otor
Pap'Argus 9/1/2010 14:15
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| Following the announcement made on August 26, 2010, DS Smith today announces that it has acquired all the shares held directly and indirectly by The Carlyle Group in Otor S.A.
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DJ MARKET TALK: Bargain, Program Buying Take CME Lumber Off Lows
Dow Jones Newswires 9/1/2010 18:53
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1436 EDT [Dow Jones] - After setting a two-week low in nearby Sep, CME lumber futures closed higher as a combination of light investor short covering and programmed first-of-the-month buying came into the pit. One commodity fund-style firm rolled 75 short Sep positions into Nov, with local investors taking the other side. |
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Western, Southern Lumber/Plywood Cash Price Guide-Sep. 1
Dow Jones Newswires 9/1/2010 18:36
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| KANSAS CITY (Dow Jones)--Prices, in dollars, are FOB mill, less 1%, unless noted otherwise. Inland lumber is based on actual shipping weights. Spruce is flatcar paper wrapped duty charges included.
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Weyerhaeuser Announces Payment of the Special Dividend
Dow Jones Newswires 9/1/2010 15:47
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Weyerhaeuser Company (NYSE: WY) today announced payment of the previously announced $5.6 billion special dividend. The dividend consisted of approximately 324 million shares of common stock and $560 million in cash.
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DOMTAR EXPANDS LICENSING AGREEMENT WITH WORLD WILDLIFE FUND
Dow Jones Newswires 9/1/2010 20:14
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| MONTREAL, - To promote ongoing forest conservation and environmentally responsible paper products, Domtar Corporation (NYSE/TSX: UFS) announced today that it has expanded a licensing agreement with World Wildlife Fund (WWF) to now cover all of Domtar's EarthChoice(R) products, including office paper. The sale of all papers from EarthChoice, Domtar's family of socially and environmentally responsible paper products, will now support WWF's mission.
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Fitch Affirms Weyerhaeuser at 'BB+'; Outlook Negative
Dow Jones Newswires 9/1/2010 19:27
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Fitch Ratings-Chicago: Fitch Ratings has affirmed the 'BB+' Issuer Default Rating (IDR) and the 'BB+' senior unsecured debt rating of Weyerhaeuser Company (Weyerhaeuser). The Rating Outlook remains Negative.
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Price Increase for Invercote and Incada
Pap'Argus 9/1/2010 14:15
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| Iggesund Paperboard has announced a price increase for both its solid bleached board, Invercote, and the folding box board range, Incada.
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