This interim management statement provides an update on the financial performance and financial position of the Group since the year ended 31 December 2010, based on management accounts up to 31 March 2011 and estimated results for April 2011, which have not been audited or reviewed by Mondis external auditors.
Henkel expects stronger organic sales growth
M-real Corporation, part of Metsäliitto Group, plans to divest the entire Gohrsmühle mill in Germany or alternatively parts of the mill separately based on a Paper Park concept. In case the divestment would turn out to be unsuccessful M-real commences a process to discontinue the uncoated fine and the unprofitable parts of the speciality paper operations at Gohrsmühle mill. Should the closures materialize Gohrsmühle mill would only produce cast coated label and packaging products (Chromolux). M-real is also planning to discontinue its remaining carbonless paper converting operations at Reflex mill in Germany.
M-real’s operating result excluding non-recurring items EUR 43 million in 1Q 2011
Partnership with Textile Exchange to highlight sustainability issues for the textile industry
TenCate Protective Fabrics Americas, the market leader in protective fabrics for the Fire Service, Industrial and Defense markets, has reached an agreement regarding an asset transaction with Difco Performance Fabrics Inc. in Montreal (Quebec, Canada). This transaction will further increase the commercial presence and manufacturing activities of TenCate in the US and Canadian protective fabrics markets.
Sappi Fine Paper North America today announced the launch of its new Digital Design Center – a powerful web application which allows printers to create custom marketing tools to promote their own digital printing capabilities.
