Industry Summits
Box plant closures loom in the U.S
NEW YORK (Reuters) - Industry consolidation, improved efficiencies and a slowdown in the U.S. economy are likely to drive further U.S. box plant closures in the months ahead, top industry executives told the Reuters Paper Summit. Full Article
Metso Paper says unlikely to be sold
HELSINKI (Reuters) - The paper unit is a key part of Finnish engineering group Metso Oyj , and is unlikely to be sold, the head of the unit said on Friday. Full Article | Video
Big papermakers look to bolster energy base
HELSINKI (Reuters) - High energy costs and global environmental concerns are driving some of the world's biggest paper producers to step up self-sufficiency and seek new ways to power their mills, industry leaders told Reuters Paper Summit. Full Article
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Smurfit-Stone sees restructuring ending soon
NEW YORK (Reuters) - Smurfit-Stone Container Corp , one of the largest North American containerboard makers, expects its restructuring process to end during the first half of 2009, President Steven Klinger said on Thursday. Full Article
Metso eyes Asia, S.America paper machine sales
HELSINKI (Reuters) - Finnish engineer Metso sees continued prospects in Asia and Latin America for sales of pulp and paper machinery while the North American market remains stagnant, a senior executive said. Full Article
International Paper plans box plant closures
NEW YORK (Reuters) - International Paper Co , the largest North American paper and containerboard maker, expects to make an announcement in coming months about box plant closures, Chief Financial Officer Tim Nicholls said on Thursday. Full Article
Norske Skog sees newsprint price hikes
OSLO/HELSINKI (Reuters) - Norwegian papermaker Norske Skog sees European newsprint prices increasing in 2009 by more than rising costs, giving some margin improvement, the company's chief executive said on Wednesday. Full Article
Norske Skog sees newsprint margins improving
OSLO (Reuters) - Norwegian papermaker Norske Skog expects European newsprint prices to increase in 2009 by more than rising costs, giving some margin improvement, the company's chief executive said on Wednesday. Full Article
Norske Skog upbeat on Korean unit sale
OSLO (Reuters) - Norway's Norske Skog is confident that an $830 million sale of its South Korean division will go through as planned, but its chief executive declined to say when he expected to close the deal. Full Article
UPM says supply tight in magazine paper
HELSINKI (Reuters) - The world's top magazine paper maker UPM-Kymmene said it had a positive view on the future of magazine paper prices as oversupply was subsiding. Full Article
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