NewPage Completes Financial Restructuring, Emerges from Chapter 11 With Sustainable Capital Structure

NewPage Corporation announced today that it has successfully completed its financial restructuring and has officially emerged from Chapter 11 bankruptcy protection pursuant to its Modified Fourth Amended Chapter 11 Plan (the “Plan”), confirmed on December 14, 2012, by the U.S. Bankruptcy Court for the District of Delaware in Wilmington.

Friday 21. December 2012

EFI’s UV Ink Sales Reach Record One Million Liters in Less Than Twelve Months

A record achievement was announced by EFI (Nasdaq:EFII) today that the company has sold more than one million liters of UV-curable ink during the first eleven months of 2012. This reflects the continuing increase in popularity for the company’s wide-format and narrow web portfolios, with diversity in creativity, application opportunities and material capabilities resulting in more output being generated using the company’s inkjet technologies.

Friday 21. December 2012

PPG receives favorable IRS private letter ruling

Company announces intent to split off commodity chemicals business

Thursday 20. December 2012

SCA divests publication paper mill in Laakirchen

SCA is divesting its Austrian publication paper mill in Laakirchen to Heinzel Group. In conjunction with the divestment, SCA and Heinzel Group have concluded a sales cooperation agreement.

Thursday 20. December 2012

Heraeus Noblelight acquires the Fusion UV Business Group

Heraeus Noblelight, business group of the German based precious metal and technology group Heraeus, is acquiring the Fusion UV business group, headquartered in Gaithersburg, Maryland, from British manufacturer Spectris. The acquisition is subject to customary regulatory approvals.

Wednesday 19. December 2012

Trelleborg is raising the bar and announces a more focused organization

Trelleborg held its Capital Markets Day on Thursday, 6 December in Berns Salonger, Stockholm, Sweden. At the event, Trelleborg took the opportunity to release new financial targets for the Group and to launch a more focused organizational structure.

Wednesday 19. December 2012

EU awards NER300 technology grant for UPM’s biorefinery project in France

The European Commission has awarded UPM a grant of EUR 170 million for solid wood-based biorefinery (BTL) project in Strasbourg, France. UPM Rauma’s similar biorefinery project plan in Finland has not received NER300-funding.

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