Papier- und Zellstoffindustrie

Espoo, Finland, Feb 11, 2011 - M-real Corporation’s, part of Metsäliitto Group, business is based on sustainability. The company has in recent years actively developed e.g. lightweight board and paper products which are produced with less fibre, water and energy.

As a natural step in its work to decrease water as well as energy usage M-real has now signed UN Global Compact’s CEO Water Mandate that encourages companies to pay systematically attention to sustainable water usage.

An outlook for the paper industry was published from the investment adviser Thirdpoint. The firm commented factors like the black liquor tax credit, recycled vs Virgin fiber, softwood vs hardwood pulp and the industry consoldiation in their latest newsletter.

Andritz informs about new orders: The company and Montes del Plata, a joint venture company of Stora Enso and Arauco, are in advanced negotiations towards concluding a contract for supply of production technologies and equipment for the new pulp mill of Montes del Plata in Punta Pereira, Uruguay (capacity: 1.3 million t/a eucalyptus market pulp), Andritz says. It was agreed not disclose the order value; however typical order values of comparable reference projects are between 750 to 800 mn Euros, Andritz says.

The Board of Directors of Arkhangelsk PPM has decided to hold an extraordinary general meeting of shareholders on March 9, 2011. As reported by the company, the meeting will be held in vote in absentia principle. The shareholders shall give their approval to major interrelated transactions.