TORONTO, Sept. 16, 2013 (Press Release) -Moody's Investors Service placed the Ba2 corporate family rating (CFR), Ba2-PD probability of default rating (PDR), Ba3 senior unsecured note rating and Baa3 senior secured bank credit facility rating of Boise Paper Holdings, L.L.C. (Boise) under review for possible upgrade.
ROME, GA, Sept. 17, 2013 (Local News) -At the Rome-Floyd Development authority this morning International Paper announced a significant reinvestment in their plant in Coosa. President of the Greater Rome Chamber of Commerce Al Hodge called it a very significant reinvestment and attorney Andy Davis said the investment will be to the tune of 100 to 150 million dollars.
SAO PAULO, Sept. 17, 2013 (PPI Latin America) -The latest data released by the Brazilian corrugated board assn (ABPO) show a 3% decrease in corrugated board shipments in August to 292,103 tonnes over the same month of last year. The volume, though, is 3.4% higher than the 282,413 tonnes shipped in July.
The volume, though, is 3.4% higher than the 282,413 tonnes shipped in July.
SAN FRANCISCO, Sept. 17, 2013 (RISI) -US box shipments remained sluggish in August and containerboard inventories at box plants and mills jumped by nearly 147,000 tons as mills ran at close to 100% of capacity, according to the latest Fibre Box Assn. and American Forest & Paper Assn statistics released today.
MENASHA, WI, Sept. 17, 2013 (Press Release) -As part of their expanding folding carton line, Dura-Fibre has launched EcoEarth, an environmentally friendly packaging solution made from 100% recycled materials. EcoEarth is FSC certified and offers an ideal balance of durability, printability and sustainability.
BRUSSELS, Sept. 17, 2013 (RISI) -Smurfit Kappa Group (SKG) has revealed details of its Euro 40 million ($53 million) investment in its recycled containerboard Roermond mill in the Netherlands. The firm is set to upgrade its 225,000 tonne/yr PM 1 and fit it with a new rewinder.
The firm is set to upgrade its 225,000 tonne/yr PM 1 and fit it with a new rewinder.
SHANGHAI, Sept. 17, 2013 (RISI) -Nine Dragons Paper (Holdings) has started trials runs on two recycled containerboard PMs with a combined capacity of 650,000 tonnes/yr at a greenfield site in Quanzhou city, Fujian province. Their startup has raised its total recycled containerboard capacity to 9.98 million tonnes/yr.
Their startup has raised its total recycled containerboard capacity to 9.98 million tonnes/yr.
LAUSANNE, Switzerland, Sept. 11, 2013 (Press Release) -Tetra Pak has inaugurated the world's most advanced liquid dairy plant in automation and integration in Vietnam with Vinamilk, the country's number one dairy manufacturer.
BRUSSELS, Sept. 16, 2013 (PRNewswire) -Sonoco Alcore S.a.r.l. will increase the price of coreboard and uncoated recycled board in Europe by 50 Euros/40 GBP, effective Oct. 1, 2013.