Woodworking News by Topics

Acquisitions, Mergers and Takeovers

19 hours ago

Rondo Ganahl AG to take over Walz Verpackungen in Germany

80  
Rondo Ganahl AG is to fully take over the German packaging specialist company Walz Verpackungen in Langenenslingen / Ittenhausen.The newly founded company Walz Verpackungen GmbH, will continue to be led by the present owner Bernd Walz (CEO) and the current management team.Udo Nachbaur (chairman of G...
19 hours ago

Deufol Group focusses on Industrial Packaging

128  
The Deufol Group has sold their shares of Activatis GmbH, as the company said in the press release received by Lesprom Network.The reason for this transaction is the strategic focus on the business area "Industrial Packaging" as well as additional services related to this business area.The spinoff o...
20 hours ago

UPM to sell its hydro power facilities in Schongau and Ettringen, Germany

86  
UPM has signed an agreement on the sale of its hydro power facilities in Schongau and Ettringen, Germany to erdgas schwaben gmbh, a regional energy company, located in Augsburg.The sale and purchase agreement is still subject to third party approvals. The parties have agreed not to disclose the purc...

Analyst Comment

March 14, 2017

In 1Q17 almost 50% of fiber consumed by wood pellet plants in US South was industry and forest residues

113  
Almost 50% of the fiber feedstock for wood pellet plants in the US South was industry and forest residues in the 1Q17, up from 33% five years ago, according to the North American Wood Fiber Review.Wood pellet manufacturers in both the US and Canada are increasingly diversifying their feedstock to re...
January 25, 2017

Sweden's timber imports forecast to grow 40% in 2016

360  
As the rapid growth in timber exports to China is showing no signs of slowing down, the Swedish Forest Industries Federation has predicted a 40% increase in 2016.“Imports of timber products into China has really taken off in recent years, far exceeding our expectations,” said Magnus Niklasson, Marke...
December 12, 2016

WRI estimates global demand for lumber to increase 13.6% in 2016

490  
Wood Resources International (WRI) estimates that the increase of global demand for lumber will be as much as 13.6% in 2016, company said in Wood Resource Quarterly report. The World Trade Organization (WTO) reported in September that overall world ...

Certification and Standardization

March 21, 2017

CellMark joins Two Sides North America

109  
CellMark Paper has joined Two Sides North America, the non-profit organization that promotes and encourages the responsible production, use, and sustainability of print and paper. Michael F. McKee, Executive Vice President at CellMark Paper, said the partnership will help both organizati...
March 15, 2017

WestRock Tacoma containerboard mill earns ISO certification

183  
WestRock completed all the requirements for ISO 9001: 2008 certification of its Tacoma, Washington containerboard mill, as the company said in the press release received by Lesprom Network.ISO 9001: 2008 is an international set of guidelines that companies choose to meet to demonstrate they adhere t...
March 9, 2017

Menasha receives multiple quality certifications

154  
Menasha has yet received multiple quality certifications and re-certifications for its plants following extensive facility audits throughout 2016, as the company said in the press release received by Lesprom Network.Updated certifications and re-certifications include: The American Institute of Baki...

Conferences and Exhibitions

March 7, 2017

Metsä Board presented new paperboard cup design concept, Lidloc

207  
Metsä Board, part of Metsä Group, presented a revolutionary new paperboard cup design concept called ‘Lidloc’ for the first time at the Packaging Innovations Exhibition held in Birmingham, United Kingdom, on 1–2 March.The Lidloc patented design is based upon an extension to a standard cup structure ...
January 25, 2017

Wood South China 2017 will be held in Guangzhou

285  
Wood South China 2017 (formerly Wood Guangzhou), the leading wood and wood products trade show in China, Incorporating Theme of Wooden House & Structure, will be held in Poly World Trade Center Expo, Pazhou, Guangzhou during May 12-14, 2017.The consumption of wood in China increased year by year...
November 30, 2016

Esa Härmälä becomes European Forest Institute’s special adviser

518  
Mr Esa Härmälä, the previous CEO of the Finnish State Forest Enterprise Metsähallitus, will act as European Forest Institute’s (EFI) Special adviser and facilitate the process of arranging the international Bioeconomy Investment Summit to be organised by EFI in December 2017.Mr Härmälä has held seve...

Contracts and Orders

22 hours ago

Toscotec to supply a new tissue machine to EuroVast in Italy

75  
Toscotec to supply a new tissue machine (TM), a MODULO-PLUS crescent former with single press configuration, TT SYD-3200MM and TT MilltechHood, to EuroVast's Botticino plant in Italy, as the company says in the press release received by Lesprom Network.The new TM with a maximum production capacity u...
yesterday

Valmet to supply a winder for Shandong Chenming Paper in China

88  
Valmet will supply a new winder for Shandong Chenming Paper Ltd. at its Zhanjiang site in Guangdong province, China. The board machine BM 4 producing folding box board (FBB) will be equipped with a new winder to increase winding capacity. The new winderThe value of the order will not be disclosed. T...
yesterday

Koskisen installs Savcor's MekaMAP graphical warehouse-management system

103  
Koskisen installs Savcor`s MekaMAP graphical warehouse-management system at its plants, as the company says in the press release received by Lesprom Network.Personnel at the Koskisen lumberyard and production plants always know exactly where packages are located. The electronic warehouse-map applica...

Credits

January 23, 2017

The European Investment Bank signs a Euro 70 million loan with SAICA

724  
The European Investment Bank (EIB) will finance SAICA's investment in new technologies to improve two of the production lines at its factory producing paper for corrugated cardboard in El Burgo de Ebro, Zaragoza, Spain. EIB Vice-President Román Escolano and SAICA Chairman Ramón Alejandro signed a Eu...
January 20, 2017

Fortress Paper announces $40 million credit agreement

304  
Fortress Paper's subsidiary, Fortress Bioenergy Ltd. ("FBEL"), as borrower, has entered into a credit agreement with IAM Infrastructure Private Debt Fund LP ("IAM"), as lender, in relation to a $40 million secured loan (the "IAM Loan") which matures 14 years from the date of advance, and is repayabl...
January 18, 2017

Proteak obtains $65 million credit facility

263  
Proteak Uno, S.A.B. de C.V. announced that the International Finance Corporation (IFC) and the Promotion and Participation Agency for Economic Cooperation (PROPARCO) granted a multilateral credit facility for $65 million, an unprecedented event in Mexico.This facility will be utilized to support the...

Debt Instruments

January 30, 2017

Catalyst Paper completes recapitalization and privatization

739  
Catalyst Paper Corporation announced that the recapitalization and privatization of the Company have been implemented and are now effective.Pursuant to the recapitalization, Catalyst's outstanding 11% PIK Toggle Senior Secured Notes have been exchanged into each holder of Notes' pro rata share of a ...

Duties and Tariffs

21 hour ago

Papierfabrik August Koehler to increase thermal paper prices by 7%

73  
Papierfabrik August Koehler SE is increasing prices as a result of constantly rising costs, especially pulp. The global increase of 7% takes effect for deliveries from May 15, 2017, as the company says in the press release received by Lesprom Network.Koehler Paper Group produces about 500,000 tonnes...
March 20, 2017

Navigator Company to increase uncoated fine paper prices by 4-7%

127  
The Navigator Company, European leader in the production of UWF paper, is forced to increase the prices for its UWF (uncoated woodfree) paper products, by 4- 7% in all the countries of Middle East, Africa and Turkey, as from April 3, 2017, due to rising costs of production and unparalleled order int...
March 20, 2017

Metsa Board to increase prices for all folding boxboard grades

128  
Metsä Board will adjust the prices of all folding boxboard grades by $50 per short ton. This increase is effective for deliveries from mill and stock from April 15, 2017.Metsä Board is a leading European producer of folding boxboards and white linerboards made from fresh fibres.

Earnings Projections

21 hour ago

Cham Paper Group expects 2016 net revenue of CHF 198 million ($200 million)

71  
Cham Paper Group enjoyed a largely satisfying annual result for 2016. The group has returned to growth after a long and challenging transformation process in the paper division.There were also improvements in terms of profitability whereas the lower end of the target margin range was achieved. The p...
March 6, 2017

Ilim Group anticipates steady rise for its production in China

224  
Ilim Group anticipates a steady rise for its products in China due to increasing hygienic and sanitary paper and pulp production and the expanding packing paper segment in five key regions: Baoding, Sichuan, Xinjiang, Shandong and Henan. Ilim Group also expects export sales in China to exceed 1.9 mi...
January 30, 2017

Oriental Redwood plans US listing

398  
Oriental Redwood, a Taiwanese company, is proceeding with plans to list in the US, ITTO reports. Oriental Redwood has built redwood sales outlets in several US cities the largest extending over almost 10,000 square metres. The company anticipates turnover could be RMB 2-5 billion within 5...

Environmental News

March 17, 2017

Forest as a source of energy will be the theme of the International Forest Day, celebrated on March 21, 2017

305  
The United Nations General Assembly proclaimed 21 March the International Day of Forests (IDF) in 2012. The Day celebrates and raises awareness of the importance of all types of forests. On each International Day of Forests, countries are encouraged to undertake local, national and internati...
March 14, 2017

In 1Q17 almost 50% of fiber consumed by wood pellet plants in US South was industry and forest residues

113  
Almost 50% of the fiber feedstock for wood pellet plants in the US South was industry and forest residues in the 1Q17, up from 33% five years ago, according to the North American Wood Fiber Review.Wood pellet manufacturers in both the US and Canada are increasingly diversifying their feedstock to re...
March 9, 2017

Domsjö Fabriker invests in two multi-bioreactor systems

144  
SALMONAID is a new Swedish project initiated by RISE Bioscience and Materials, Processum, SLU and Domsjö Fabriker and financed by Vinnova.With microorganisms cultivated on side streams from the forest industry, the project aims to optimize the process for production of microbe-based protein with hig...

Facility and Equipment

20 hours ago

Pratt Industries opens a new corrugated box factory in Beloit, Wisconsin

77  
Pratt Industries officially opened its newest corrugated box factory, a $60 million investment in Beloit, Wisconsin, as the company said in the press release received by Lesprom Network.At capacity, the Beloit factory will employ 140 people and produce 600 tons of 100% recycled boxes every day. The ...
22 hours ago

Toscotec to supply a new tissue machine to EuroVast in Italy

75  
Toscotec to supply a new tissue machine (TM), a MODULO-PLUS crescent former with single press configuration, TT SYD-3200MM and TT MilltechHood, to EuroVast's Botticino plant in Italy, as the company says in the press release received by Lesprom Network.The new TM with a maximum production capacity u...
yesterday

Valmet to supply a winder for Shandong Chenming Paper in China

88  
Valmet will supply a new winder for Shandong Chenming Paper Ltd. at its Zhanjiang site in Guangdong province, China. The board machine BM 4 producing folding box board (FBB) will be equipped with a new winder to increase winding capacity. The new winderThe value of the order will not be disclosed. T...

Finance

19 hours ago

FajarPaper net sales climbed 18% in 2016

65  
FajarPaper trading as PT Fajar Surya Wisesa Tbk announced a record breaking profit performance, on the back of strong sales from a highly successful move into high quality lightweight packaging papers.2016 net sales climbed 18% to Rp 5,875 billion ($441 million) driven by higher prices, with net inc...
19 hours ago

Ponsse's net sales increased by12% to Euro 517.4 million in 2016

64  
Ponsse's FY 2016 consolidated net sales amounted to Euro 517.4 million, which is 12% more than in 2015. International business operations accounted for 76.6% of net sales, as the company said in the press release received by Lesprom Network.The operating result amounted to Euro 55.2 million, compare...
21 hour ago

Cham Paper Group expects 2016 net revenue of CHF 198 million ($200 million)

71  
Cham Paper Group enjoyed a largely satisfying annual result for 2016. The group has returned to growth after a long and challenging transformation process in the paper division.There were also improvements in terms of profitability whereas the lower end of the target margin range was achieved. The p...

Information Technology

yesterday

Koskisen installs Savcor's MekaMAP graphical warehouse-management system

103  
Koskisen installs Savcor`s MekaMAP graphical warehouse-management system at its plants, as the company says in the press release received by Lesprom Network.Personnel at the Koskisen lumberyard and production plants always know exactly where packages are located. The electronic warehouse-map applica...
March 17, 2017

Voith launches merQbiz, a Digital Trading Platform for the Paper Industry

503  
Voith is accelerating its digital transformation, taking yet another step in its digital agenda. The technology group has joined forces with the Boston Consulting Group Digital Ventures – a subsidiary of the Boston Consulting Group – to establish a digital marketplace for paper industry. The joint v...
March 16, 2017

Huhtamaki launches Adtone cup with digital content

107  
Huhtamaki Foodservice Europe-Asia-Oceania introduced AdtoneTM, a single-use paper cup with digitalized connection. The Adtone cup comes with a heat activated thermochromic label and a QR code with programmed link to customer’s website. The new digitalized connection makes the single-use pape...

International Trade

yesterday

Japan’s wooden window imports decreased by 19% in January

81  
There was a sharp drop in Japan’s year-on-year wooden window imports in January 2017 (-19%) and compared to a month earlier January 2017 imports dropped almost 25%, ITTO reported.The January 2017 value of wooden window imports was one of the lowest over the previous 12 months and only just above the...
March 22, 2017

Japan’s imports of wooden doors down 25% in January

71  
Year-on-year Japan’s January 2017 imports of wooden doors were compared to January 2016 and from a month earlier they were down around 9%, ITTO reported.Since September last year there has been a steady decline in imports into Japan of wooden doors.The top suppliers in January in order of rank were ...
March 10, 2017

Japan’s wooden furniture imports fell 3% in 2016

150  1
Japan’s 2016 wooden furniture imports fell around 3% in yen terms against levels in 2015, ITTO reported.Overall, wooden office furniture imports were down 6% year-on-year, wooden kitchen furniture imports dropped around 4% year-on-year and bedroom furniture imports also fell but by a smaller margin ...

Investments

19 hours ago

EIB confirms Euro 90 million backing for Coillte forest investment

63  
The European Investment Bank (EIB) confirmed details of the first EIB support for forestry related investment in Ireland in 20 years. The new Euro 90 million long-term loan from the European Investment Bank will be used to finance the cost of planting, forest management and forest road construction ...
yesterday

U.S. Lumber announces strategic growth investment from Madison Dearborn Partners

99  
U.S. Lumber Group, LLC has signed an agreement for a strategic growth investment from Madison Dearborn Partners ("MDP"), a leading private equity firm based in Chicago.Upon completion of the transaction, U.S. Lumber 's existing management team will remain in place and work with MDP to execute a stra...
yesterday

Papyrus to invest in a new logistical hub in Cologne, Germany

99  
Papyrus plans to invest in a new logistical hub in Cologne, Germany, to optimise its logistical infrastructure and improve the service offering of paper specialties to its customers across Europe, as the company says in the press release received by Lesprom Network.The new 22,000 m2 state-of-the-art...

Joint Ventures

March 9, 2017

International Paper receives $121 million dividend from Ilim Group

185  
International Paper received a dividend of $121 million from Ilim Group, IP's joint venture partner in Russia. The dividend is based on prior year performance, and in 2016, the JV set production records at all three of its mills and realized higher sales volume due to increased demand for its produc...
January 25, 2017

Felix Schoeller Group and Welbon Group enter into a joint venture

778  
The Felix Schoeller Group and the Welbon Group of Hangzhou, China, who trade in pulp and manufacture specialty papers, signed a cooperation agreement. The agreement establishes a 50/50 joint venture: Winbon Schoeller New Materials Co. Ltd. The new company's headquarters are in Longyou in Zhejiang pr...

Legal and Judicial / Legislation

March 16, 2017

Innovations4Flooring wins European Patent Office case against Unilin

111  
Innovations4Flooring (I4F) has won a European Patent Office (EPO) opposition case against the Unilin group. The validity of I4F’s 3L TripleLock EP2440724 was confirmed by the EPO’s opposition division, and all oppositions filed by Unilin on the patent were rejected. This means that licensee...
March 16, 2017

The European Commission approved the combination of Ahlstrom and Munksjö

87  
The European Commission has approved the merger between Ahlstrom Corporation and Munksjö Oyj. Ahlstrom and Munksjö have now received all pre-closing competition approvals required for completing the merger. The merger is currently expected to be completed on or about April 1, 2017. As co...
February 21, 2017

British Columbia NDP MPs call on the government to protect forestry jobs

230  
British Columbia members of the federal New Democratic Party’s caucus called on the Liberal government to ensure that BC’s forest industry is protected after the expiry of the Softwood Lumber Agreement with the United States. Concerned that the Liberal government does not have a Plan B in place if t...

Liquidation/Bankruptcy

March 17, 2017

Drax bids to acquire two distressed US pellet plants

265  
Drax has been notified that the sellers of Texas Pellets and Louisiana Pellets have delayed the processes for the sale out of bankruptcy of these assets, originally scheduled for 1 and 2 March. It is expected that these processes will continue during March, as the company says in the press release r...
March 10, 2017

Resolute Forest Products announces indefinite idling of newsprint mill in Thorold, Canada

185  
Resolute Forest Products Inc. announced the indefinite idling of its paper mill located in Thorold, Ontario, Canada. The facility, which employed over 100 workers, has an annual production capacity of approximately 197,000 metric tons of newsprint on one machine using 100% recycled furnish.The diffi...
March 8, 2017

Rorvik Timber to close its Boxholm and Myresjöfönster sawmills in Sweden

194  
Rörvik Timber plans to shut its two sawmills at Boxholm and Myresjöfönster in Sweden. The company had tried unsuccessfully for a long time to find suitable owners for the two mills in south Sweden. It has started closure negotiations with the unions and expects the decision to take effect by the sum...

Management/Corporate changes/Labour

yesterday

PaperWorks appoints George Downey as Director of sales for its folding carton business unit

102  
PaperWorks Industries appoints George Downey as director of sales for its folding carton business unit, PaperAe reports.Downey is a senior-level professional with more than two decades of experience in management, operations, sales and marketing. He has significant new product development and launch...
March 21, 2017

Canfor Southern Pine’s president Fred Stimpson is elected to American Wood Council's board

118  
President of Canfor Southern Pine Fred Stimpson has been elected to the American Wood Council (AWC) board to complete the two-year term of Aubra Anthony who recently retired from Anthony Forest Products. Stimpson joined Canfor in 2013 and was appointed president in 2015. “AWC is pleased ...
March 20, 2017

Norbert Schalkx, an Area Director Ponsse's Asia-Pasific and Africa operations, leaves company

76  
Norbert Schalkx, who has been working as an Area Director (Asia Pacific and Africa) at Ponsse Plc since 2008, is leaving the company on 20 March 2017.Jarmo Vidgrén, Sales and Marketing Director, will be taking care of Schalkx's responsibilities for the time being.Ponsse Plc specialises in the sales,...

Market share

February 27, 2017

European sawmills gain market share in East Asia

342  
Over the past year, European sawmills have continued to take market share in China, Japan and other countries in East Asia. It has become a natural focus as continued low activity in European construction reduced the lumber consumption there.In China, Europe's (excl. Russia) market share increased t...
February 15, 2017

David Emerson named British Columbia's trade envoy on softwood lumber

258  
A former Canfor chief executive officer, federal cabinet minister and B.C. deputy minister David Emerson has been appointed the B.C. government's trade envoy to the United States to work with Canada and the new administration in the United States in securing a new Softwood Lumber Agreement. “I am ex...

Marketing

January 19, 2017

Gould Paper Corporation rebrands as “JP Gould”

295  
Gould Paper Corporation has brought all of its businesses together under one marketing umbrella “JP Gould.” The new brand underscores the collaborative nature of the company’s global supply chain.David H. Berkowitz, Gould’s CEO & President, stated that the new brand reflects the company’s operat...
January 5, 2017

Raute transfers their market-making to Nordea Bank AB

307  
Raute Corporation has a market making agreement with Nordea Bank Finland Plc in compliance with the Liquidity Providing (LP) requirements issued by Nasdaq Helsinki Ltd.The market making for Raute Corporation is transferred to Nordea Bank AB (publ) as of 2 January 2017 due to the merger between Norde...
December 14, 2016

Segezha Group joined the European Association of Sack Kraft Paper Manufacturers CEPI Eurokraft

404  
Segezha Group (part of Sistema JFSC) has become a regular member of CEPI Eurokraft Association. A large majority of the Association’s board adopted this resolution at the session headquartered in Copenhagen, Denmark. The affiliation approval came after the visit of Elin Floresjö, Secretary General o...

Monopolies and Competition

February 15, 2017

David Emerson named British Columbia's trade envoy on softwood lumber

258  
A former Canfor chief executive officer, federal cabinet minister and B.C. deputy minister David Emerson has been appointed the B.C. government's trade envoy to the United States to work with Canada and the new administration in the United States in securing a new Softwood Lumber Agreement. “I am ex...

New Products and Services

March 20, 2017

ABB launches L&W S-Tester for predicting compressive yield strength of fluting medium

260  
The L&W S-Tester is based on a new, quick test method for determining the quality of fluting medium in corrugated packaging material. It expands ABB’s laboratory quality measurement offering to help paper producers improve quality and reduce costs, as the company says in the press release receiv...
March 16, 2017

Huhtamaki launches Adtone cup with digital content

107  
Huhtamaki Foodservice Europe-Asia-Oceania introduced AdtoneTM, a single-use paper cup with digitalized connection. The Adtone cup comes with a heat activated thermochromic label and a QR code with programmed link to customer’s website. The new digitalized connection makes the single-use pape...
March 15, 2017

Munksjö launches Steralia, a medical paper for high-performance sterilisation pouches

157  
Munksjö launches Steralia[TM], a technical paper for the manufacturing of medical pouches used for the sterilisation of medical devices.Steralia[TM] acts as a filter to form an efficient bacterial barrier. This uncoated paper delivers high performance during the converting, sealing and sterilisation...

Operations

March 20, 2017

U.S. boxboard production decreased by 2.3% in February

81  
U.S. total boxboard production decreased 2.3% when compared to February 2016, and decreased 7.5% from last month, as the American Forest & Paper Association reported.Unbleached kraft boxboard production decreased over the same month as last year and decreased compared to last month.Total solid b...
March 20, 2017

U.S. containerboard production increased by 0.7% in February

78  
U.S. containerboard production in February 2017 was 0.7% higher compared to February 2016. The month-over-month average daily production compared to January 2017 was 0.5% lower, as the American Forest & Paper Association reported.The containerboard operating rate for February increased from 96.5...
March 14, 2017

In 1Q17 almost 50% of fiber consumed by wood pellet plants in US South was industry and forest residues

113  
Almost 50% of the fiber feedstock for wood pellet plants in the US South was industry and forest residues in the 1Q17, up from 33% five years ago, according to the North American Wood Fiber Review.Wood pellet manufacturers in both the US and Canada are increasingly diversifying their feedstock to re...

Plans and Strategy

19 hours ago

Deufol Group focusses on Industrial Packaging

128  
The Deufol Group has sold their shares of Activatis GmbH, as the company said in the press release received by Lesprom Network.The reason for this transaction is the strategic focus on the business area "Industrial Packaging" as well as additional services related to this business area.The spinoff o...
21 hour ago

Sojitz and Seihoku Plywood established plywood coating company in Japan

96  
Sojitz Corporation has established a company to produce coated plywood for concrete forming called Dolphin Coat Corporation, together with Seihoku Plywood Corporation in Japan.In May 2017, Sojitz Building Materials Corporation will begin sales of Dolphin Coat’s coated softwood plywood for concrete f...
yesterday

Papyrus to invest in a new logistical hub in Cologne, Germany

99  
Papyrus plans to invest in a new logistical hub in Cologne, Germany, to optimise its logistical infrastructure and improve the service offering of paper specialties to its customers across Europe, as the company says in the press release received by Lesprom Network.The new 22,000 m2 state-of-the-art...

Sales and Markets

20 hours ago

J.D. Irving achieved all-time record wood purchases in New Brunswick

61  
J.D. Irving Woodlands has purchased 727,300 cubic metres (m³) of New Brunswick private wood (including stumpage), which is 46% more than last year and higher than J.D. Irving’s previous record of 682,000 m³.The company is on target to purchase 870,000 m3 of private wood by March 31 close of 2016-201...
21 hour ago

U.S. printing-writing paper shipments down 8% in February

83  
U.S. total printing-writing paper shipments decreased 8% in February 2017, compared to February 2016. Total printing-writing paper inventory levels were flat from January 2017, as the American Forest & Paper Association reported.Uncoated free sheet (UFS) paper shipments decreased 6% year-over-ye...
March 17, 2017

Voith launches merQbiz, a Digital Trading Platform for the Paper Industry

503  
Voith is accelerating its digital transformation, taking yet another step in its digital agenda. The technology group has joined forces with the Boston Consulting Group Digital Ventures – a subsidiary of the Boston Consulting Group – to establish a digital marketplace for paper industry. The joint v...

Share Capital

March 21, 2017

Stella-Jones increases quarterly dividend by 10%

128  
The Board of Directors of Stella-Jones Inc. announces that a quarterly dividend of $0.11 per share, representing an increase of 10% over the previous quarterly dividend, has been declared on the outstanding common shares of the Corporation, payable on April 28, 2017 to shareholders of record at the ...
March 9, 2017

International Paper receives $121 million dividend from Ilim Group

185  
International Paper received a dividend of $121 million from Ilim Group, IP's joint venture partner in Russia. The dividend is based on prior year performance, and in 2016, the JV set production records at all three of its mills and realized higher sales volume due to increased demand for its produc...
February 23, 2017

Glatfelter increases dividend by 4%

213  
Glatfelter announced that its Board of Directors increased its quarterly dividend to $0.13 per share on its outstanding common stock.The new dividend rate of $0.13 per share represents a 4% increase compared to the prior rate and is the fifth consecutive annual increase.Glatfelter is a global suppli...
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