PaperAge
  PAPER INDUSTRY NEWS - FRIDAY, DECEMBER 17, 2010

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PULP AND PAPER PRICES
GRADE Dec. 17, 2010 Last Week Year Ago Today
NBSK (in the US) US $969.52 US $967.35 US $826.19
NBSK (in Europe) US $948.99 US $949.27 US $796.06
NBSK (in China) US $747.31 US $750.17 US $655.52
LWC (in Europe) EUR 654.63 EUR 652.61 EUR 665.87
Coated Woodfree (in Europe) EUR 717.71 EUR 715.49 EUR 671.94
A4-B Copy (in Europe) EUR 864.16 EUR 862.92 EUR 773.55
Newsprint 30 lb. (in the US) US $625.59 US $624.55 US $508.65
Newsprint 45 g/m2 (in Europe) EUR 421.14 EUR 420.72 EUR 509.82
  NOTE: For the past 10 weeks of pricing for these and other grades, go to: www.paperage.com
INDUSTRY NEWS

Market Pulp Price Trending Down, Containerboard Feeling Pressure
Domestic market pulp prices have decreased $5-10/mton in December and the overall trend remains downward, said analysts at Deutsche Bank ...see full story


Mid-December Pricing of OCC Backing Off Slightly
Market prices are softening going into Christmas, but the flow of OCC (Old Corrugated Containers) is still scarce enough limiting the amount the market will be able to fall ...see full story


U.S. Containerboard Production Up in November, Y-O-Y
For the thirteenth straight month, U.S. containerboard production rose over the same month a year ago. Total containerboard production saw an increase of ...see full story


Progressive Converting to Acquire Northwoods Paper Converting
Progressive Converting (Pro-Con) and Northwoods Paper Converting (NPC) said that they have entered into a definitive agreement whereby Progressive Converting will acquire NPC ...see full story


Fraser Papers Completes Sale of Gorham, NH Mill
Fraser Papers announced that it completed the sale of its paper mill in Gorham, New Hampshire to a subsidiary of Counsel RB Capital, LLC ...see full story


Rottneros to Invest SEK 90 Million to Close Water Loop at Vallvik Mill
Rottneros said that it has decided to invest SEK 90 million (approx. USD13.18 million) in closing the water loops in the bleaching plant at its Vallvik Mill in Sweden ...see full story


Ahlstrom Exits Dust Filtration Business with Sale of Groesbeck Unit
Ahlstrom has sold its Groesbeck filtration business located in Groesbeck and Mexia Texas, USA, to Polyester Fibers, a portfolio company of private investment firm Empire Investment Holdings ...see full story


Domtar Sells Ownership Interest in Eacom Timber Corp.
Domtar has sold its 48,070,712 common shares of EACOM Timber Corporation by way of a block trade through Canaccord Genuity Corporation for CDN$0.51 per common share for a net proceed of CDN$24,035,356 ...see full story


Sodra to Convert One Pulp Line at Morrum to Dissolving Pulp
Swedish pulp producer Sodra said that its Board has approved a project that involves converting pulp line 1 at its Morrum pulp mill to produce dissolving pulp ...see full story


Ten-Day Strike in Finnish Paper Industry Ends Without Agreement
The ten-day strike held by some 3,000 professional and managerial staff in the Finnish paper industry ended on Dec. 13. The strike did not affect production activities ...see full story


Graphic Packaging Approves $80 Million Biomass Project for Macon, GA Mill
Graphic Packaging International has approved a plan to expand utilization of biomass energy in its Macon, Georgia paperboard mill with an estimated cost of up to $80 million ...see full story


AbitibiBowater CEO David Paterson to Step Down, Richard Garneau Named as Successor
Richard B. Evans, Chair of AbitibiBowater, announced that David J. Paterson will step down as president and chief executive officer on January 1, 2011. He will be succeeded by Richard Garneau, currently a member of ...see full story


Metso Announces Executive Management Changes
Metso announced that Matti Kahkonen (54) will take over the position of president and chief executive officer of Metso Corp. on March 1, 2011. Metso also said that it has appointed Pasi Laine (47) as president, Paper and Fiber Technology ...see full story


Two Sides Blasts WWF 'Unprintable' File Format
Two Sides has issued an open letter in response to the World Wildlife Fund's announcement of its "environmentally friendly" version of Adobe's PDF, which prevents the document being printed ...see full story



INDUSTRY REPORTS

AF&PA's 50th (2009) U.S. Paper, Paperboard Capacity Report
Against the backdrop of an exceptionally weak economy, U.S. paper and paperboard capacity declined 2.5% in 2009 to 93.9 million tons, according to the American Forest & Paper Association's 50th Annual Survey of Paper, Paperboard, and Pulp Capacity ...see report

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