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FRIDAY, Nov 23, 2001
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in Review page. Or, scroll down to read story highlights.
Asian pulp market firms up and trading increases
SINGAPORE, Nov. 20, 2001 - The majority of Asian
buyers have accepted pulp price increases which
suppliers have been pushing for since October.
Even in the Korean and Chinese spot markets,
where paper mills and traders hold high inventories,
trading volumes have increased.
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European newsprint market gears up for price changes
BRUSSELS, Nov. 15, 2001 - Newsprint buyers and
producers are sitting tight ahead of the year-end
price negotiations that are just around the corner.
Pressure on U.S. OCC, ONP No. 8, but overall price levels hold up
SAN FRANCISCO, Nov. 19, 2001 - Weak demand from
domestic U.S. and offshore mills has put pressure
on pricing for old corrugated containers and old
newspapers.
American Tissue restarts Neenah, Wis., mill
SAN FRANCISCO, Nov. 14, 2001 - American Tissue
resumed operations this week at its tissue mill
in Neenah, Wis., while the company continues to
wade through bankruptcy proceedings.
Skeena gains breathing space while talks with Mercer continue
BRUSSELS, Nov. 15, 2001 - Mercer International
has been granted exclusive rights to negotiate
with the government of British Columbia over
the potential acquisition of the bankrupt Skeena
Cellulose mill.
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NorskeCanada to idle paper machines at B.C. mills during Q1
VANCOUVER, Nov. 19, 2001 - NorskeCanada announced
today plans for additional curtailment for the first
quarter of 2002 at its B.C. paper operations, as weak
economic conditions have reduced demand for the company's
products.
Arauco to move forward with $1.2 billion pulp plant in Chile
SANTIAGO, Nov. 15, 2001 - Chile's Celulosa Arauco
y Constitucion (Celco) said it will continue with
plans to build a new $1.2 billion pulp mill in the
south of the country.
October downtime big in containerboard and newsprint; pulp drops
SAN FRANCISCO, Nov. 19, 2001 - Producers of
containerboard and newsprint moved proactively
to curb supplies in October while downtime in
market pulp tapered off after a big production
slowdown the prior month.
Dynegy takeover could impact Enron's forest products group
SAN FRANCISCO, Nov. 20, 2001 - Enron Corp. has agreed
to be taken over by its much-smaller rival, Dynegy
Inc., in an effort to combat waning investor confidence
and the possibility of financial collapse following
the discovery of certain financial inaccuracies in
Enron's balance sheets.
M-real chief Jorma Vaajoki steps down
BRUSSELS, Nov. 16, 2001 - Jorma Vaajoki is to hand
over his role as president and CEO of M-real to
Jouko M. Jaakkola on Dec. 1.
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Paperloop Trivia: Test your industry knowledge!
Looks like some of our readers have become quite
familiar with PPI's Top 150 ranking, published on
paperloop.com. Two respondents offered the
correct answer to last week's question: How
many European companies are among the Top 50 companies
in the pulp and paper industry?
The answer -- 14 -- can be found in the Top 150 ranking.
Click on the link below to answer this week's question:
How many Martin-Lofs have been involved in top positions
in the paper industry? Can you name them?
Click here
to answer or learn more.
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