Pulp and Paper

US Boxboard Production Up in December 2016

US Boxboard Production Up in December 2016

The American Forest & Paper Association released its December 2016 U.S. Boxboard Report. Total boxboard production increased 0.8 percent when compared to December 2015, but decreased 0.3 percent from last month.

Unbleached Kraft Boxboard production decreased over the same month as last year and decreased compared to last month.

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Kimberly-Clark Reports 4Q Sales of US$4.5 Billion

Kimberly-Clark Reports 4Q Sales of US$4.5 Billion

Kimberly-Clark Corporation’s sales of $4.5 billion in the 4Q 2016 were even with the year-ago period. Organic sales were up 1%, as volumes increased 2%, while the combined impact of changes in net selling prices and product mix reduced sales by 1%. Changes in foreign currency exchange rates lowered sales 1%.

4Q operating profit was $839 million in 2016 and $630million in 2015.

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Stora Enso Reconsiders Pulp Mill Plans in China

Stora Enso Reconsiders Pulp Mill Plans in China

Stora Enso has initiated a process with the Government of Guangxi with the target to remove the authorisation for the hardwood chemical pulp mill from its investment permit.

Stora Enso has previously announced that it considers building a chemical pulp mill at its Beihai Mill site, once the consumer board machine is up and running. The final decision is still subject to the decision of Stora Enso’s Board of Directors.

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International Paper Finalizes Purchase of Weyerhaeuser’s Pulp Business

Newly Combined Business to be Called Global Cellulose Fibers
International Paper Finalizes Purchase of Weyerhaeuser's Pulp Business

PRESS RELEASE

MEMPHIS, Tenn., Dec. 1, 2016 — International Paper (NYSE: IP) today announced that it has completed its acquisition of Weyerhaeuser’s pulp business for approximately $2.2 billion in cash, subject to post-closing adjustments.  Because the transaction is a purchase of assets, International Paper expects to realize a tax benefit with an estimated net present value of approximately $300 million.   International Paper expects annual synergies of approximately $175 million by the end of 2018, which will require the need for one-time costs of approximately $85 million.

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Finland’s paperboard production up 17.5 percent

According to Q3 Report from Finnish Forest Industries Federation (FFIF)
Finland's paperboard production up 17.5 percent

PRESS RELEASE

The rate of growth in the production of softwood sawn timber, pulp and paperboard accelerated in July–September compared to the first half of the year. The first six months of the year were also good for pulp and paperboard, largely due to new investments. Paper production, however, continued to decline. The profitability of sawn timber production was reduced by lower export prices and higher raw material costs. The government must ensure that energy and logistics costs are competitive in Finland and that forest policy is used purposefully to increase the supply of wood in response to the strong growth in demand.

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