Higher capital utilisation and lower costs strengthen Norske Skog’s gross operating earnings in the second quarter compared with the same quarter last year.
Norske Skog has entered into an agreement to sell its paper mill Parenco in Renkum in the Netherlands and the global recovered paper business, Reparco, to investment firm H2 Equity Partners. Norske Skog expects to release cash from the transaction in the order of EUR 30 millions. The transaction is part of the effort to reduce Norske Skog’s net debt. H2 sees good growth opportunities for the mill, and will consider conversion of the mill to produce packaging paper.
Result for the first half of 2012
Builders, remodelers, deck professionals and homeowners in the Tri-Cities area now have a new, locally produced choice for long-lasting, real wood decking: Perennial Wood decking. Launched earlier this year in the Northeastern U.S.A., the new product from Eastman is now available at Lowe’s in Kingsport, located at 2526 East Stone Drive.
Eastman Chemical Company is increasing prices on the following products Aug. 15, or as contracts allow.
Eastman Chemical Company is increasing prices on the following products Aug. 15, or as contracts allow.
Eastman Chemical Company is increasing prices on the following products Aug. 15, or as contracts allow.
