GRAZ and ST.PÖLTEN, Austria and HEIDENHEIM, Germany, June 3, 2015 (Press Release) - Voith Paper has handed its 35 percent share in GAW technologies GmbH back to the majority owner, the GAW Group Pildner-Steinburg Holding GmbH. The parties agreed to keep the purchase price confidential.Read more
MADRID, Spain, June 5, 2015 (Press Release) - Inapa informs that its subsidiary, Inapa Spain, has entered with a legal claim in the Madrid court against Sappi Europe Iberica and Sappi Europe due to a breach of the exclusive distribution contract regarding Magno brand.
Sappi Europe has abruptly ceased their contract obligations with Inapa Spain without the usual prior notice and a mutual agreement about legal compensation.
About Inapa Spain:Read more
VERONA, Italy, May 21, 2015 (Press Release) - The Fedrigoni Group is pleased to announce that it has completed the acquisition of 100% of the share capital of Arjo Wiggins Ltda, a Brazilian subsidiary of Arjo Wiggins and South America's sole producer of paper for banknotes and security documents, and special graphic papers.
A price of approximately €85 million was paid for the acquisition, of which €5 million will be payable in 2016 upon achievement of specific conditions and results.
VICTORIA, Australia, May 18, 2015 (Press Release) -
PaperlinX Limited announced today its European subsidiary, PaperlinX Netherlands Holding BV, has entered into an agreement to sell its operations in Poland to a consortium of a local private equity firm, Warsaw Equity Management sp z.o.o. and the local management team, with immediate effect.Read more
OTTAWA, 20 March 2015 (CNW) - The Forest Products Association of Canada (FPAC) is underscoring the crucial role played by the forest sector in mitigating climate change. This comes as the 2015 United Nation's International Day of Forests on March 21st focuses on the theme of "Forests and Climate Change."Read more
Consumers for Paper Options (CPO), a coalition of individuals and organizations advocating for access to paper-based services and information, today submitted comments urging the U.S. Food and Drug Administration (FDA) to maintain paper-format prescribing information for medications. Under a new proposed rule, prescription drugs would no longer include paper "professional inserts," which contain important prescribing information - such as drug interactions and dosing guidelines - used by pharmacists.Read more
PHILADELPHIA, March 2, 2015 (PRNewswire) -FMC Corporation announced today that the sale of its Alkali Chemicals business to Tronox Limited has been approved under the Hart-Scott-Rodino Antitrust Improvement Act. FMC and Tronox expect to close the sale on April 1, 2015. The transaction is valued at $1.64 billion.Read more
Andritz Oy has filed a summons application with the Stockholm District Court against Valmet AB, a subsidiary of Valmet Corporation, regarding patent infringement. In the claim Andritz is asking that Valmet under a penalty ceases to utilize the patent allegedly infringing Andritz's patent and the Court to impose royalty and damages on Valmet AB with EUR 52 million and interest for the alleged infringement.Read more