Norske Skog divests the former newsprint mill Norske Skog Steti in the Czech Republic to Mondi. The agreed purchase price reflects the book value of the fixed assets in the company.
Pliant Corporation and Nova Roll announced their intent to form a Joint Venture to produce world-class film and packaging solutions. This business will be headquartered in Moscow, Russia and will produce the following value-added films:
Mounting Privacy Laws Have Companies Struggling to Keep Up and Keep Compliant
Two new System Houses to be built near Posnan and Bratislava Extension of market leadership Now four System Houses in Central and Eastern Europe
Hadera Paper Ltd. (AMEX:AIP) (AIPM) announced today that following the Company’s announcement dated July 2, 2008 regarding negotiation to purchase the holdings (49.5%) of the main shareholder of Carmel Containers Systems Ltd. (“Carmel”, an affiliated company), the Company’s Board of Directors authorized the Company’s management to purchase the above-mentioned holdings and also, the holdings of a number of additional shareholders in Carmel, all together, a total of approximately 53% of Carmel’s shares, for the total consideration of approximately $ 20.77 million.
During Drupa 2008, Q.I. Press Controls proved its leading innovative position by introducing its latest innovation, the mRC. It is the only, operational, fully automatic colour and cut-off register system for web offset presses that can use both the printed image and printed micro marks as its reference.
Due to the unprecedented increases in the cost of raw materials, energy and transportation, BASF is forced to raise its prices for propionic acid and mixtures based on propionic acid again after a first announcement in May 2008.
