Weyerhaeuser Company Declares Dividend
Board also declares dividend on Mandatory Convertible Preference Shares
Board also declares dividend on Mandatory Convertible Preference Shares
Despite the continued decline in North America and Europe, global paper and board production still managed to advance at a meager 0.2% pace to reach a new record level of 400 million tonnes in 2012. Positive growth in tissue and packaging grades continued to offset the retreat in global graphic paper production. These and other statistics were published today in the 2013 Annual Review of Global Pulp & Paper Statistics, by RISI, the leading information provider for the global forest products industry.
S8092 – a new adhesive from Avery Dennison – is giving automotive and other manufacturers dramatically improved performance when labelling silicone-coated materials or materials with contaminated surfaces. The new S8092 adhesive addresses two longstanding challenges encountered in the labelling industrial parts – how to convert reliably and how to make the finished label stay on a surface throughout a product’s lifecycle.
Shanghai FuBang Printing Equipment & Material Co. Ltd. awarded for the second time
Easily accessible to European customers via nearby Frankfurt Airport, the new premises in Germany adds to the business’ existing Design Centers in Seoul, Korea; Beijing, China; and South Carolina in the US.
UPM has completed the sale of further processing business in Aigrefeuille d’Aunis, Western France, to Groupe FP Bois. UPM announced in July 2013 the conditional offer received for the Aigrefeuille mill. Altogether 38 employees of the business will transfer to the new owner. The parties have agreed not to disclose the sales price.
For the print media business, prices for gum rosin and derivatives have gone up dramatically in the past weeks and continue to rise steeply. Price levels of over 2,500 USD/t for gum rosin have been achieved and most market partners expect continuous increases. So far, this represents a rise of more than 40 percent in the past weeks. While this trend is driven by Chinese producers, it has been mirrored in the other major supply markets Brazil and Indonesia, significantly increasing the cost in Siegwerk’s portfolio of publication gravure, heatset and coldset inks.