Total European shipments of coated mechanical paper fell -2.5% in February, as compared to the same month last year. Demand was down -3.9%, but exports rose by +2.9%. Shipments of Supercalendered paper increased 0.9% and demand was up 4.5%. Exports declined -14.6%.
Tuesday, March 27, 2012
St.Mary's May Never Restart
http://www.saultstar.com/ArticleDisplay.aspx?e=3514164
St. Marys Paper is expected to be approved for sale in a on Monday morning.
A union representative for the papermaker's 300 workers expects the buyer, 2319839 Ontario Inc. won't restart operations, but instead will strip raw iron, special metals and electric motors from the century-old Supercalendered paper mill.
West Fraser Raising Pulp Price
West Fraser followed Canfor Pulp, Domtar, Resolute Forest Products and Tembec in announcing an increase of $30/metric tonne for NBSK pulp, effective April 1.
Variety For Sale
Variety Goes on the Block: Reed Business Information [RBI] today announced that is putting Variety up for sale. The company has spent the last three years divesting its U.S. magazine properties.
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