Friday, February 24, 2012

St. Mary's Paper Workers "Prepare for Worst"

http://www.saultstar.com/ArticleDisplay.aspx?e=3479978
The cone of silence has descended upon the court-appointed receiver's sales process, nobody is willing to confirm whether its new ownership, or liquidation, for the Sault Ste. Marie specialty paper manufacturer and silence speaks volumes to the union.

M-real Stops UWF Production at Gohrsmuhle Mill

http://www.paperage.com/2012news/02_24_2012mreal_gohrsmuhle_mill.html
M-real announced that it has decided to discontinue uncoated fine paper and "unprofitable" speciality paper production at its Gohrsmuhle mill in Germany.
As a result of the measure, M-real’s annual uncoated fine paper capacity will be reduced by approximately 120,000 tonnes and speciality paper capacity by 70,000 tonnes.

Domtar & Appleton Sign $3B Deal

Domtar signs $3B, 15-year supply deal with Appleton to provide uncoated base paper for thermal, carbonless, and other specialty papers: Appleton and Domtar Corporation today announced a tentative agreement in which Domtar would supply Appleton with most of the uncoated base paper the company needs to produce its thermal, carbonless, and other specialty paper products. T

Resolute Wins Cease Trade Decision

Resolute succeeds in obtaining cease trade decision:
AbitibiBowater Inc., doing business as Resolute Forest Products, has announced that the Bureau de décision et de révision (Québec) has accepted, with immediate effect, the company’s application to cease trade Fibrek Inc.‘s private placement of 32,320,000 special warrants to Mercer International Inc. Fibrek announced they will appeal the decision.

Quad/Graphics Awarded All Rite Aid Insert Work

Quad/Graphics Lands All of Rite Aid’s Print and Digital Insert Work: Quad/Graphics Inc. will become the exclusive printer of retail inserts for Rite Aid Corp. under a new multiyear agreement that also includes producing digital online editions of Rite Aid’s weekly newspaper circular promotions.

Asset International Launches New Title

Asset International to launch 'Philanthropy Management' magazine: Asset International, a b-to-b financial publisher, plans to launch a new quarterly print publication, Philanthropy Management, next month.