BRUSSELS, April 3, 2014 (RISI) - Negotiations between Stora Enso and employee representatives regarding the future of the firm's 330,000 tonne/yr Corbehem lightweight coated (LWC) paper mill in northern France are moving forward and should be finalized toward the end of May, according to Jean-Francois Legrand of the CGT union.
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BRUSSELS, March 31, 2014 (RISI) - The German tissue giant WEPA has parted with its Fabbriche di Vallico tissue mill near Lucca in Italy.
The firm said it signed a contract for the sale of the site to the Lucca-based trader EUROTEC. The deal will come into effect on April 1. The purchase price and further details of the planned transaction were not disclosed.Read more
ZARAGOZA, Spain, March 11, 2014 (Press Release) - SAICA has announced the acquisition of OMK the Turkish manufacturer of corrugated cardboard as part of its strategy to increase the footprint of the group in the East of Europe, to better support key customers as well as locally based businesses.
Access to reliable, high quality packaging design and print will be a key requirement for SAICA's customers to capitalise on the rapidly growing consumer market in Turkey, where GDP is forecast to grow at 4.5 % between 2014 and 2020.Read more
LUDWIGSHAFEN, Germany and HELSINKI, Finland, Feb. 27, 2014 (Press Release) - BASF and Kemira today announced that Kemira will acquire BASF's global alkyl ketene dimer (AKD) emulsion business. The transaction is expected to close in the first half of 2014.Read more
ESPOO, Finland, Jan. 30, 2014 (Press Release) - Metsä Board Corporation, a part of Metsä Group, is in negotiations to divest its property in Lielahti, Tampere to the City of Tampere for EUR 26 million. The Lielahti property consists of 90 hectares of land, incl. buildings on site, and 1071 hectares of water area on Näsijärvi lake.Read more