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Verso

Verso announces new Ideal Offset paper

Verso announces new Ideal Offset paper

Ideal, a new offset printing paper from Verso, is now available in the US market.The paper has a blue-white shade, 92 brightness, and is aimed at annual reports, brochure...

Verso to reduce coated paper capacity by 430,000 tonnes

Verso to reduce coated paper capacity by 430,000 tonnes

Verso, which includes the recently merged NewPage, is to reduce its annual production capacity for coated paper by 430,000 tonnes per year.The reductions will be made by ...

Verso sees sales double but share price still falls

Verso sees sales double but share price still falls

Verso Corporation, which recently merged with NewPage, has announced that its paper sales have more than doubled since last year, following the acquisition of NewPage.The...

Verso Paper unveil new Focus and Balance offset papers

Verso Paper unveil new Focus and Balance offset papers

Verso Paper has unveiled two new additions to its coated papers range."Balance" and "Focus" are brand new offset printing papers from the company and are targeted at maga...

Verso to divest two mills to facilitate NewPage merger

Verso to divest two mills to facilitate NewPage merger

Verso will sell two mills in Maine and Wisconsin, USA, in order to satisfy the government that the merger with NewPage will not be anti-competitive. The mills are expecte...

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 ...

NewPage to sell two mills to facilitate Verso merger

NewPage to sell two mills to facilitate Verso merger

NewPage has agreed to sell two North American mills to Catalyst Paper in Canada in order to improve its financial situation. This is intended to make NewPage's merger wit...

Verso to shut down its paper mill in Maine

Verso to shut down its paper mill in Maine

Verso, the North American paper company that is expected to purchase NewPage soon, has announced the closure of its Bucksport, Maine mill. The mill produced 405,000 tonne...

Verso makes $43 million loss ahead of NewPage merger

Verso makes $43 million loss ahead of NewPage merger

Verso Paper, the prospective buyer of NewPage Corp, suffered a $43 million loss in the last three months. The company's sales revenue fell 2.9% compared to last year duri...

Verso makes third attempt to merge with NewPage

Verso makes third attempt to merge with NewPage

Verso has offered better terms for the third time in its latest attempt to get approval for its proposed merger with NewPage. Verso is threatened with bankruptcy if it is...

 

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