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Brazilian paper production fell in October 2014

Brazilian paper production fell in October 2014

Brazilian paper production in 2014 fell to 877,000 tonnes, a 2.7% decline compared to the previous year. Domestic sales decresed by 1.5% and exports decreased 11%. To com...

North American printing and writing shipments declined in October

North American printing and writing shipments declined in October

In North America, shipments of papers were 6.5% lower than the same period one year previously. Printing and writing papers declined 4.2% per month during the first 10 mo...

Sappi announces improved financial results for 2014

Sappi announces improved financial results for 2014

Sappi has announced its latest financial results for the last three months, with improvement over the previous three months in all three of its business regions (North Am...

Verso loses $35 million in the last three months

Verso loses $35 million in the last three months

Verso, the intended buyer for NewPage Corporation, posted a $35 million loss in the last three months, highlighting the need for the company to find cost savings.Despite ...

Burgo workers strike after mill closure rumours

Burgo workers strike after mill closure rumours

Burgo workers went on strike on the 28th November as a protest against the company's action plan for the next 4 years.The company, which closed its Avezzano uncoated pape...

Tullis Russell makes a loss in latest financial year

Tullis Russell makes a loss in latest financial year

Tullis Russell, the Scottish manufacturer of fine papers and paperboards, has made a £3 million loss in the last year. This is lower than the previous year's £3.3 million...

International Paper raises printing and writing paper profits in the last three months

International Paper raises printing and writing paper profits in the last three months

International Paper's latest financial results show over $100 million higher profit for printing and writing papers for the last three months compared to the previous thr...

Metsaboard profits triple in the last three months compared to the same period last year

Metsaboard profits triple in the last three months compared to the same period last year

Metsaboard has announced its latest financial results, recording a profit for the last three months of €20.8 million, compared to €7.3 million last year.Although the comp...

UPM to reduce its European capacity by 800,000 tonnes in 2015

UPM to reduce its European capacity by 800,000 tonnes in 2015

UPM has announced that it will close four paper machines across Europe in order to save €150 million in costs. The mills all currently produce newsprint or magazine paper...

Indian paper manufacturers seek tax-free wood imports

Indian paper manufacturers seek tax-free wood imports

Indian manufacturers of pulp and paper are currently struggling with the lack of domestic wood in India for pulp production. Current demand for wood and bamboo is 11 mill...

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