Resolute Now Controls Majority of Fibrek

Resolute now has majority control of Fibrek:
AbitibiBowater Inc., doing business as Resolute Forest Products, has taken up and accepted for payment 1,633,800 additional shares of Fibrek Inc. deposited to its offer as of the close of business today.

UPM Continuing To Discuss Sale Of Stracel Mill

UPM continues in advanced discussions with a packaging producer for the sale of its Stracel mill in France.The Stracel mill has capacity on its one machine of 280,000 tonnes/yr of lightweight coated and machine-finished coated paper.

Norske Skog Q1 Earning Down

http://www.norskeskog.com/default.aspx?ID=2019&feed=-N-105-PR-201205-1608238

Norske Skog Q1 2012 results gross operating earnings down 24% from 4Q 2011 to NOK 380 million.

Quad Renews OfficeMax Business

Quad/Graphics Renews OfficeMax Retail Insert and Catalog Work: Quad/Graphics Inc. has renewed its exclusive printing business with OfficeMax Inc. and added significant direct mail volume for the leading office supply retailer in a new multiyear agreement.

March US Commercial Printing Shipments Down

March 2012 US Commercial Printing Shipments $7.145 Billion, Down -4.2% Compared to March 2011 (Economics & Research Center):

China's Paper Industry Five-Year Plan

 

http://www.paperage.com/2012news/Paper_Contract_with_China_APP.pdf

The role of China's paper industry as a new source of economic growth under the country's 12th Five-Year Plan (FYP) for paper industry is highlighted in APP.

China To Shut Down P&B Capacity

In 2012, China plans to close outdated pulp and paper equipment, with a combined capacity of 9.7 million tonnes/yr across the country.