AbitibiBowater announces signing of a binding agreement for the sale of its 75% interest in its Ontario hydro assets for cash proceeds of C$300 million

AbitibiBowater announced it has signed a binding agreement for the sale of its 75% indirect interest in ACH Limited Partnership (“ACH LP”) to a consortium formed by a major Canadian institutional investor and a private Canadian renewable energy company (the “Consortium”). ACH LP was established in April 2007 to hold hydroelectric generating assets in Ontario, Canada by the Company’s Abitibi-Consolidated Company of Canada subsidiary (now AbiBow Canada Inc.).

Monday 14. February 2011

Solutia’s Enhanced Decorative Window Film Portfolio Offers Unlimited Design Possibilities

Solutia Inc. (NYSE: SOA), a globally leading producer of specialty materials and performance chemicals, is pleased to announce the expansion of its LLumar decorative window film program.

Monday 14. February 2011

Verso Paper Corp. Announces Completion of Tender Offer for Certain of its Outstanding Debt

Verso Paper Corp. (NYSE: VRS) announced today the completion of the tender offer (the “Tender Offer”) of its subsidiary, Verso Paper Holdings LLC (“Verso Holdings”), to purchase any and all of the outstanding 9?% second priority senior secured fixed rate notes due 2014 (the “Notes”) issued by it and Verso Paper Inc.

Monday 14. February 2011

Reichhold Announces Price Increase on Unsaturated Polyester Resins and Vinyl Ester Resins Sold in North America

$ 0.06 per Pound Effective March 7, 2011

Friday 11. February 2011

Baldwin Announces Second Quarter FY2011 Results

Baldwin Technology Company, Inc. (NYSE Amex: BLD), a global leader in process automation technology for the printing industry, today reported its financial results for the Company’s fiscal second quarter ended December 31, 2010.

Friday 11. February 2011

Nazdar Launches Lyson 7470 Series Ink for Fluted Polypropylene

Nazdar, the largest manufacturer of screen and digital printing inks in North America, announces the release of Lyson 7470 Series ink for use in UV digital flatbed printers. This new ink series is designed for superior performance on fluted polypropylene materials. Primary uses of this product are for POP displays, durable graphics and billboard banners where flexibility and adhesion is of primary importance.

Friday 11. February 2011

Cascades amends and renews its credit facility

Cascades Inc. (CAS on the Toronto stock exchange), a leader in the recovery of recyclable materials and the manufacturing of green packaging and tissue paper products, is pleased to announce that it has reached an agreement with a syndicate of banks to amend and renew its credit agreement with improved financing conditions.

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