Creates The Leading Specialty Paper Company In North America; Agrees To Acquire The Specialty Paper Business Of Wausau Paper Corp. And The Thilmany Division Of Packaging Dynamics Corporation
Following the successful conclusion of the recent feasibility study, the chemical company Oxea is proceeding to expand its production platform for oxo products in Bay City, Texas. This expansion will not only significantly increase the manufacturing capacity of the site and make for more efficient manufacturing processes, it will also enable Oxea to add new products to the portfolio in the future.
Wausau Paper (NYSE:WPP) is proud to announce the launch of its new Green Seal certified, DublNature line of premium, plush, cloth-like towel and tissue products utilizing 100 percent recycled fiber on the Company’s recently completed ATMOS technology-enabled paper machine at Harrodsburg, Kentucky. D
Wausau Paper (NYSE:WPP) today announced that it has signed a definitive agreement to sell its specialty paper business to a new company sponsored by KPS Capital Partners L.P. (“KPS”), a New York-based private equity firm with significant experience in the paper industry. The new company will be known as Expera Specialty Solutions, LLC (“Expera”).
On May 16, 2013, at a regularly scheduled meeting, the Board of Directors of Orchids Paper Products Company (NYSE MKT: TIS) authorized an increase in its quarterly cash dividend from $0.30 per outstanding share to $0.35 per outstanding share of the Company’s common stock.
In the light of sustained increases in raw materials, Sappi Fine Paper Europe has reviewed current margins for its Speciality paper products and will raise its prices as per 01 July 2013 by 6 %. T
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