http://www.pulpandpaper.netPulp and Paper Industry Global News Feedhttp://www.pulpandpaper.net/News/newssearchppn.asp?AID=67182&VDetail=YesDow Jones NewswiresTue, 3 Feb 2012 12:31 GMTMONTREAL, Feb. 3, 2012 - Domtar Corporation (NYSE: UFS) (TSX: UFS) today reported net earnings of $61 million ($1.63 per share) for the fourth quarter of 2011 compared to net earnings of $117 million ($2.95 per share) for the third quarter of 2011 and net earnings of $325 million ($7.59 per share) for the fourth quarter of 2010. Sales for the fourth quarter of 2011 amounted to $1.4 billion. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67191&VDetail=YesPap'ArgusTue, 3 Feb 2012 12:50 GMTGLx~V has signed an agreement with Schweighofer Fiber in Hallein, Austria, to rebuild the mill’s fiberline. The mill will be adapted for the manufacturing of specialty pulp, which today is a rapidly growing market niche where the end product can be used in areas such as textiles. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67179&VDetail=YesDow Jones NewswiresTue, 3 Feb 2012 11:47 GMTWeyerhaeuser Co.'s (WY) fourth-quarter income fell 62% as the forest-products company booked restructuring charges and write-downs, while the wood products segment posted a wider sequential loss and softer sales. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67181&VDetail=YesDow Jones NewswiresTue, 3 Feb 2012 14:50 GMT 1450 GMT [Dow Jones] Credit Suisse raises its Holmen (HOLM-B.SK) target price to SEK195 from SEK180, after adopting a new valuation model. The brokerage says it now separates the value of Holmen's forest assets and values everything ex-forests with a discounted cashflow analysis.http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67183&VDetail=YesDow Jones NewswiresTue, 3 Feb 2012 13:30 GMTMONTREAL, Feb. 3, 2012 - Resolute Forest Products (NYSE: ABH) (TSX: ABH) today unveiled its Align(TM) family of high brightness, environmentally responsible papers that can be used as alternatives to chemical pulp coated and uncoated freesheet in most commercial printing applications. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67184&VDetail=YesDow Jones NewswiresTue, 3 Feb 2012 09:22 GMTFEDERAL WAY, Wash., Feb. 3, 2012 -- Weyerhaeuser Company (NYSE: WY) today reported net earnings of $65 million for the fourth quarter, or 12 cents per diluted share, on net sales from continuing operations of $1.6 billion. This compares with net earnings of $171 million, or 32 cents per diluted share, on net sales from continuing operations of $1.5 billion for the same period last year. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67185&VDetail=YesDow Jones NewswiresTue, 3 Feb 2012 04:00 GMTOji Paper Co. (3861.TO) Tokyo reports results for 9 Months Ended December 31. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67186&VDetail=YesWalden-Mott Corp.Tue, 3 Feb 2012 12:26 GMTPinerolo, February 3, 2012 - PMT Italia S.p.A supplied, installed and started up a SMARNIP® Shoe Press at Cartiera del Chiese S.p.A. - Montichiari Mill. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67189&VDetail=YesPap'ArgusTue, 3 Feb 2012 12:45 GMTBASF has announced it is concentrating its plant biotechnology activities on the main markets in North and South America. The company will adjust the portfolio and site footprint of its subsidiary BASF Plant Science to reflect this change. The headquarters of BASF Plant Science will be moved from Limburgerhof, Germany, to Raleigh, North Carolina. Rx~D activities will be concentrated mainly in Raleigh, Ghent, Belgium and Berlin, Germany. Development and commercialization of all products targeted solely at cultivation in the European market will be halted. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67180&VDetail=YesDow Jones NewswiresTue, 3 Feb 2012 12:03 GMTSTOCKHOLM -(Dow Jones)- Swedish paper and hygiene products maker Svenska Cellulosa AB (SCA-B.SK) said Friday the shareholders of DS Smith PLC (SMDS.LN) have approved the U.K.-based packaging group's proposal to acquire SCA's packaging operations. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67156&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 09:58 GMTSAO PAULO (Dow Jones)--Leading Brazilian pulp producer Fibria Celulose SA (FIBR3.BR) reported a loss of 358 million Brazilian reais ($206 million) in the fourth quarter due to an increase in costs and a fall in revenues, the company said late Wednesday. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67173&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 17:24 GMTTOKYO (Nikkei)--Mitsubishi Paper Mills Ltd. (3864.TO) is expected to break even on a net basis for the year ending in March, avoiding red ink for the first time in three years, The Nikkei reported early Friday. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67155&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 12:01 GMTMEMPHIS, Tenn., Feb. 2, 2012 -- International Paper (NYSE: IP) reported preliminary full-year 2011 net earnings attributable to common shareholders totaling $1.3 billion ($3.07 per share) compared with $644 million ($1.48 per share) in full-year 2010. In the fourth quarter of 2011, the company reported net earnings of $257 million ($0.59 per share) compared with $316 million ($0.73 per share) in the fourth quarter of 2010. Amounts in all periods include special items. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67170&VDetail=YesWalden-Mott Corp.Mon, 2 Feb 2012 12:26 GMTATLANTA, Feb. 2, 2012 -- Caraustar Industries, Inc., one of North America's largest producers of uncoated recycled boxboard (URB), has recently achieved certification in the Forest Stewardship Council (FSC)™ Chain of Custody Standard for the following mills: Austell Boxboard Mill #2 in Austell, GA, Carotell Paperboard in Taylors, SC, Cincinnati Paperboard in Cincinnati, OH and Tacoma Paperboard in Tacoma, WA. Other Caraustar mills received their certification earlier, Austell Boxboard Mill #1 and Sweetwater Paperboard. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67157&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 13:00 GMTInternational Paper Co.'s (IP) fourth-quarter profit fell 19% as lower sales and a decrease in income from a joint venture in Russia offset improved profit margins. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67158&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 10:08 GMTLONDON (Dow Jones)--Cambium Global Timberland Ltd (TREE.LN), a forest investor, said Thursday that an agreement has now been reached on the purchase price adjustment for the sale of the remaining 7,270 acres of land around Corrigan, Texas, which was affected by fire, with the sale price agreed at $9.15 million. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67161&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 09:01 GMTAhlstrom Corporation, a global high-performance materials company, announced that it has completed significant upgrades to its Global Filtration Technical Center in Turin, Italy. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67162&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 08:01 GMTMetso will supply a pellet-fired heating plant to Tampereen Energiantuotanto Oy in the city of Tampere in Finland. The plant will be delivered by the Metso- Wärtsilä joint venture MW Power. The delivery will comprise a full-scope turn- key boiler plant solution, including all the necessary equipment and commissioning. The plant will be Finland's largest pellet-fired plant, based on a technological solution that is the first of its kind in Finland. The value of the order will not be disclosed. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67163&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 05:30 GMTFreight rates hit a record low Wednesday on weak demand for iron ore, poor weather conditions in mining regions and a glut of shipping capacity. The Baltic Dry Index, a composite of commodity shipping costs around the world, fell for a 32nd consecutive session to 662. The previous low, of 663, came in December 2008, during the depths of the credit crunch. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67154&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 11:57 GMTSTOCKHOLM (Dow Jones)--Swedish paper and packaging producer Holmen AB (HOLM-B.SK) Thursday reported an operating profit, excluding items affecting comparability, of SEK410 million, up from SEK361 million in the year-ago period, but said demand remained weak in the quarter. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67175&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 19:29 GMT2:29 (Dow Jones) CME lumber futures corrected some from recent strong gains that sent the front-month contracts to 3 1/2-week highs Wednesday. Profit-taking and technical resistance weighed on futures despite cash markets remaining strong. Traders are now waiting to see if the wood that has been sold at higher prices this week will be absorbed by end-users. Weakness in equities markets and US-dollar strength also encouraged selling, a broker said. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67190&VDetail=YesPap'ArgusMon, 2 Feb 2012 12:48 GMTHolmen's profit after tax for 2011 was SEK 3 955 million (2010: SEK 704 million). Revaluation of forest affected profit after tax for the year in the amount of SEK 2 648 million. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67188&VDetail=YesPap'ArgusMon, 2 Feb 2012 12:42 GMTIn the same time changes its name into Airtissue srl Italian Antitrust Authority gives the green light to the Lucart Group for the acquisition of the Italian business of the U.S. multinational. Lucart Group becomes the owner of 100% of the share capital of Georgia-Pacific Italy srl that in the same time changes its name into Airtissue srl. Lucart Group has also acquired the property of the two brands Tenderly and Tutto worldwide. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67187&VDetail=YesPap'ArgusMon, 2 Feb 2012 12:41 GMTToscotec has purchased Milltech, the Italian Lucca-based supplier of solutions for drying to the paper industry from Faper Group. Thanks to its purchase of Milltech, Toscotec can supply complete solutions for drying and energy saving. The company already has expertise in energy efficiency thanks to its steel drying cylinder (TT SYD) which was sold to more than 90 units worldwide.x~#8232; http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67176&VDetail=YesWalden-Mott Corp.Mon, 2 Feb 2012 17:34 GMTPinerolo, February 2, 2012 - PMT Italia has been selected by Jiangmen Xinghui Paper Mill Co., Ltd. as a key partner for its new “White Line Chip Board” machine project. The new board machine will be installed in the Jiangmen, Guangdong province, close to the town of Shuangshui in the People Republic of China. The Start-up is scheduled for the end of 2013. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67174&VDetail=YesDow Jones NewswiresMon, 2 Feb 2012 18:37 GMTSAO PAULO (Dow Jones)--Brazil's currency should be less volatile this year, compared to the hectic ups and downs in 2011, according to Brazilian pulp producer Fibria Celulose SA (FIBR3.BR, FBR). http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67171&VDetail=YesWalden-Mott Corp.Mon, 2 Feb 2012 12:27 GMTSOUTH PORTLAND, Maine -- Twin Rivers Paper Company, a leading manufacturer of lightweight specialty label, packaging, and publishing papers, has announced that their market-proven Alliance® TT ( Thermal Transfer) product is now available in 40 lb. This newly designed 40 lb basis weight (24x36/500) broadens the company’s comprehensive label product offering. This label portfolio includes release liner, C1S wet strength, thermal transfer and specialty base stock. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67144&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 06:47 GMTSwedish pulp and packaging producer Billerud AS (BILL.SK) Wednesday reported a net profit of SEK45 million, down from SEK225 million in the year-ago period, and said there is uncertainty about the order situation for the company in the first part of 2012. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67143&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 15:35 GMTWASHINGTON -- Spending on construction projects in the U.S. jumped at the end of last year as the hard-hit sector of the economy showed signs of rebounding. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67150&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 03:38 GMTRICHMOND, BC, Jan. 31, 2012 - Catalyst Paper Corporation (TSX:CTL) announced today that the company and certain of its subsidiaries have obtained an Initial Order from the Supreme Court of British Columbia under the Companies' Creditors Arrangement Act (CCAA). The terms and conditions of the restructuring plan have not yet been determined by the company. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67166&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 19:38 GMT2:38 (Dow Jones) CME lumber futures extended this week's rally on firming cash prices and fund buying amid widespread gains in most other commodities. Strength in equities markets and a weaker US dollar also encouraged buying in lumber. Near-term futures hit 3 1/2-week highs as technical buying was sparked by prices rising through key chart resistance levels, including the 100-day moving averages. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67138&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 07:49 GMTFinnish paper company UPM-Kymmene Oyj (UPM1V.HE) Wednesday reported a higher net profit than analysts had expected, and said it expects operating profit excluding special items in the first half of 2012 to be at around the same level as in second half of 2011, as conditions in the markets in which it operates are expected to have stabilized. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67146&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 15:23 GMTNewPage Corp. says its executives are in danger of being treated like pawns as second-lien investors seek to probe the company's plans for bonuses. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67136&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 09:23 GMTFinnish paper maker UPM-Kymmene Oyj (UPM1V.HE) said Wednesday it is investing EUR85 million in efficient energy generation by building a new combined heat and power plant at the UPM Schongau mill in Germany. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67135&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 09:15 GMTSTOCKHOLM (Dow Jones)--Swedish pulp and packaging producer Billerud AB (BILL.SK) said Wednesday it will acquire UPM-Kymmene Oyj's (UPM1V.HE) packaging paper business for EUR130 million, in a bid to reduce its dependence on pulp and reduce its exposure to the Swedish krona, whose recent strength has been a burden for exporters. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67142&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 15:26 GMTTORONTO, ONTARIO, Feb. 1, 2012 -- Cathay Forest Products Corp. (TSX VENTURE:CFZ) announces that its common shares will be de-listed from the TSX Venture Exchange effective at the close of market today. Cathay Forest common shares are being de-listed by the TSX Venture Exchange as they have been suspended from trading for twelve months. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67140&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 11:08 GMTFinnish paper company UPM-Kymmene Oyj (UPM1V.HE) Wednesday said its board has approved the commencement of new plans for the period 2012-2014 under its long term share incentive programs; the Performance Share Plan and the Deferred Bonus Plan. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67147&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 03:45 GMTTORONTO, Jan. 31, 2012 - Sino-Forest Corporation (TSX: TRE) today announced that it is publicly releasing the Final Report of the Independent Committee of the Company's Board of Directors (the "IC"). http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67145&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 10:04 GMTThe independent committee investigating fraud allegations at Chinese timber company Sino-Forest Corp. issued its final report but failed to answer key questions about the company's accounting, including whether it valued its assets correctly. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67151&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 10:00 GMTJan Lång, President x~ CEO: We had a good start of the year with improved performance. However, the slowdown in global markets, particularly in Europe, negatively impacted our financial performance starting from the second quarter. Nevertheless, we continued to work vigorously on our key development programs. We also streamlined our cost base further, addressing underperforming businesses and closing unprofitable manufacturing lines. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67153&VDetail=YesWalden-Mott Corp.Sun, 1 Feb 2012 16:13 GMTDALTON, Mass., Feb. 1, 2012 -- Crane x~ Co. announced the appointment of Rachel V. Ivey to the position of Vice President, Creative and Product Development. Ivey will lead the creative direction of the company's consumer division building on its rich legacy and distinctive heritage while incorporating an inventive fresh and modern aesthetic. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67159&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 21:09 GMTVANCOUVER, BRITISH COLUMBIA, Feb. 1, 2012 -- Conifex Timber Inc. (TSX VENTURE:CFF) today announced that it has entered into an agreement with Raymond James Ltd. pursuant to which Raymond James Ltd. and a syndicate of underwriters, including TD Securities Inc., CIBC and Salman Partners Inc. (collectively, the "Underwriters"), have agreed to purchase on a bought deal private placement basis 3,357,143 common shares (the "Shares") of the Company from treasury, with an over-allotment option to purchase up to an additional 503,571 Shares, exercisable in whole or in part for a period up to closing of the offering to cover over-allotments and for market stabilization purposes, if necessary (the "Brokered Placement"). http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67160&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 19:30 GMTNEW YORK, February 1-Minerals Technologies Inc. (NYSE: MTX) announced today that it has signed a commercial agreement with a prominent papermaker to provide Fulfill(TM) E-325 High Filler Technology, an innovative process-enhancing solution that is part of the Fulfill(TM) technology platform, at a paper mill in Southeast Asia. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67134&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 11:19 GMTSTOCKHOLM (Dow Jones)--Swedish pulp and packaging producer Billerud AB (BILL.SK) saw a rebound in deliveries of packaging and specialty papers in January, chief executive Per Lindberg said Wednesday after the company reported weaker-than-expected fourth-quarter earnings. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67165&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 19:47 GMTTORONTO (Standard x~ Poor's) Feb. 1, 2012--Standard x~ Poor's Ratings Services today said it lowered its long-term corporate credit rating on Catalyst Paper Corp. to 'D' (default) from 'SD' (selective default). Standard x~ Poor's also lowered its debt rating on the company's US$250 million unsecured notes due 2014 to 'D' from 'C'. The recovery rating on the notes is '6'. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67167&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 09:22 GMTYet another long-awaited Sino-Forest Corp. report is out. If anyone was looking for closure, they might be disappointed. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67169&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 20:09 GMTKANSAS 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. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67172&VDetail=YesWalden-Mott Corp.Sun, 1 Feb 2012 12:44 GMTTEMPE, Ariz.,x~nbsp;Economic activity in the manufacturing sector expanded in January for the 30th consecutive month, and the overall economy grew for the 32nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business®. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67177&VDetail=YesWalden-Mott Corp.Sun, 1 Feb 2012 17:38 GMTSeattle, USA. Importation of softwood logs and lumber to China has increased continuously over the past 15 years, and in 2011 the country was the largest importer of softwood lumber and logs in the world, according to the Wood Resource Quarterly. Total import value equaled almost eight billion US dollars last year, which was an increase of 57 percent from 2010, and up from only 70 million dollars 15 years ago. Annual growth over the past five years has been almost 30 percent, and over the past 15 years, the CAGR has been as high as 36 percent. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67178&VDetail=YesWalden-Mott Corp.Sun, 1 Feb 2012 17:41 GMTSheboygan, Wisconsin, USA / Syktyvkar, Russian Federation – The Mondi Group's facility in Syktyvkar, Russian Federation, has announced its expansion into high-end folio sheeting, enabled by a combination of machines from Pemco: Mondi Syktyvkar will pair an SHM 1450 Dual Rotary (DR) sheeter in-line with Russia's first high-speed Wrapmatic GRM folio ream wrapper. http://www.pulpandpaper.net/News/newssearchppn.asp?AID=67164&VDetail=YesDow Jones NewswiresSun, 1 Feb 2012 08:22 GMTFinnish paper maker UPM-Kymmene Oyj (UPM1V.HE) said Wednesday it is investing EUR150 million in a new biorefinery producing biofuels from crude tall oil in Lappeenranta, Finland.