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IP proposes to acquire Temple-Inland
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International Paper proposes to acquire Temple-Inland for $30.60 per share in cash International Paper recently announced that it has proposed to acquire all of the outstanding shares of Temple-Inland (NYSE: TIN) for $30.60 per share in cash.
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Temple-Inland rejects IP proposal
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Temple-Inland rejects unsolicited takeover proposal from IP Temple-Inland Inc. announced recently that it received an unsolicited proposal from International Paper Company to acquire the Company for $30.60 per Temple-Inland share in cash.
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Verso Paper reports on Q1, 2011
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Verso Paper Corp. reports First Quarter 2011 Results Verso Paper Corp. recently reported financial results for the first quarter of 2011. Results for the quarters ended March 31, 2011 and 2010 include:
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Price increase by 7%
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Brigl & Bergmeister to increase price for papers from July 2011 Brigl & Bergmeister, a producer of 1-side coated papers for labels- and flexible packaging will implement a further sales price increase of minimum 7% for deliveries from July 1st 2011.
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M-real to increase boxboard prices
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M-real increases folding boxboard prices M-real is raising the prices of folding boxboard by 7 to 9% in Europe, the Middle East and Africa, effective for invoicing as of July 1st 2011.
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Caraustar announces price increase
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Caraustar announces price increase on paperboard Caraustar Industries, Inc. announced a price increase of $30 per ton on uncoated recycled paperboard grades supplied from the mill system.
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Ahlstrom announces price increases
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Ahlstrom announces price increases for its beverage products worldwide Ahlstrom recently announced price increases on its beverage products as a consequence of the rise in raw material and energy costs.
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Sonoco to increase prices
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Sonoco increases prices for paperboard, tubes and cores Sonoco recently announced that it would increase the price for all grades of uncoated recycled paperboard by $50 per ton and by 5 to 8 percent for tubes and cores, effective with shipments beginnin
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Botnia to increase pulp prices
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Botnia to increase northern bleached softwood kraft pulp prices Botnia will increase the price of Northern Bleached Softwood Kraft Pulp (NBSK) in Europe effective June 1, 2011 until further notice.
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AbitibiBowater announces Q1 results
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AbitibiBowater announces first quarter 2011 results AbitibiBowater Inc.recently reported net income for the first quarter of 2011 of $30 million, or $0.31 per diluted share, on sales of $1.2 billion.
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SCA issues Eurobond
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SCA issues EUR 600 million Eurobond SCA recently issued a EUR 600 million 5.25-year Eurobond under its EMTN (Euro Medium Term Note) programme. The bond carries a coupon of 3,625% p.a., equivalent to Euro Mid-swaps +78 bps.
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Foreign exchange impacts Catalyst Paper in Q1
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Foreign exchange and rising costs impact Catalyst Paper in Q1 Catalyst Paper posted a net loss of $12.9 million ($0.03 per common share) on sales of $303.6 million in the first quarter of 2011, reflecting a post-holiday season plateau in paper markets.
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