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Displaying Articles 1 - 25 of 173
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Glatfelter Announces 12% Price Increase for Composite Fibers Products

Glatfelter Corporation announced that effective immediately, it will increase prices for all Composite Fibers products by 12%, or as customer contracts permit.

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Sonoco-Alcore to Hike Paperboard Prices in the EMEA Region

Sonoco-Alcore S.a.r.l. announces that due to the rapidly escalating cost of European energy it will raise prices by €50 (£50) / tonne on all recycled paperboard grades sold in the Company's EMEA regions, effective for all shipments made on or after the 4th October 2021.

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Chatham Asset Management Sends Yet Another Letter to R.R. Donnelley Board of Directors Detailing Ways to Unlock Significant Stockholder Value

Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 14.9% of the outstanding common stock and which is the largest bondholder of R.R. Donnelley & Sons Company ("RRD" or the "Company") (NYSE: RRD), sent a letter to RRD's Board of Directors (the "Board") following the Board's inaction and lack of engagement with Chatham despite the continued destruction of stockholder value at RRD.

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Domtar and Karta Halten B.V., through its subsidiary Pearl Merger Sub Inc., Announce the launch of Private Offering of Senior Secured Notes Due 2028

The Offering is part of the financing for, and is conditioned upon the consummation of, the proposed acquisition of Domtar and its subsidiaries by Karta Halten.

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Weyerhaeuser Company Authorizes New $1 Billion Share Repurchase Program, Declares Interim Supplemental Dividend on Common Shares

Weyerhaeuser Company announced that its board of directors declared an interim supplemental dividend of $0.50 per share on the common stock of the company, payable in cash on October 19, 2021, to holders of record of such common stock as of the close of business on October 5, 2021.

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International Paper Company Board of Directors Declares Spin-Off Distribution of Sylvamo Corporation Common Stock

Sylvamo common stock began trading on a "when-issued" basis on the NYSE under the symbol "SLVM WI" on September 14, 2021. On October 1, 2021, "regular way" trading under the symbol "SLVM" is expected to begin. The CUSIP number for the Sylvamo common stock will be 871332 102 when regular way trading begins.

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Graphic Packaging Announces Tax-Exempt Green Bond Offering

Graphic Packaging International, LLC, the primary operating subsidiary of Graphic Packaging Holding Company, announced that it has entered into an agreement for $100 million aggregate principal amount of tax-exempt green bonds due 2061 with a mandatory purchase date of October 1, 2026 (the "Tax-Exempt Green Bonds"). The offering is being executed through the Michigan Strategic Fund ("MSF") Private Activity Bond Program.

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Smurfit Kappa announces the launch of its Green Finance Framework

Smurfit Kappa Group has launched its Green Finance Framework and commences discussions with potential investors on a new green financing transaction.

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Sonoco hikes the price for tubes and cores in the EMEA region

Sonoco-Alcore S.a.r.l. announced that due to inflationary pressures on the business, it will raise prices by 8 percent on all tube and core grades sold in the Company's EMEA regions. The increase will be effective for all shipments made on or after the 1st September 2021.

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International Paper Spinoff to Host Virtual Investor Day

International Paper global papers spinoff, Sylvamo Corporation, will host an Investor Day event Sept. 9, from 10 a.m. until noon EDT (9-11 a.m. CDT).

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RRD Extends Existing Stockholder Rights Plan

R.R. Donnelley & Sons Company announced that the Company's Board of Directors (the "Board") has amended the Company's stockholder rights plan (the "Rights Plan") to extend its final expiration date to August 28, 2022.

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Domtar Scraps Below-Market Bond Buyback That Set Off Uproar

Domtar Corp. said it terminated an offer to repurchase bonds and strip key protections from its debt covenants after investors pushed back against the below-market price offered by the paper manufacturer.

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SCA to increase kraftliner prices by Euro 50 per tonne

SCA increases prices on brown and white kraftliner by Euro 50 per tonne in Europe. The new prices are valid from October 1, 2021.

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Canfor to reduce production capacity at its BC facilities

As a result, Canfor's BC mills are expected to operate at approximately 80% of production capacity and operating schedules may continue to vary as economic conditions warrant.

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Sonoco Implementing Price Increase for Uncoated Recycled Paperboard

Sonoco announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning September 7, 2021.

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Sonoco hikes the price for paperboard tubes and cores

Sonoco announced it will raise the price for all paperboard tubes and cores by a minimum of 8 percent, effective with shipments in the United States and Canada, on or after September 10, 2021.

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Greif: Price hikes on the way

Greif, Inc., a global leader in industrial packaging products and services, announced that it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) and an 8.5 percent increase on all tube and core and protective packaging products.

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Sappi Europe to increase prices for speciality papers

The ongoing rise of raw material costs, particularly pulp, chemicals and energy in combination with extremely high freight rates due to global logistic constraints make further price adjustments unavoidable.

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Chatham Asset Management Sends Letter to R.R. Donnelley Board of Directors Strongly; Urges Board Not to Renew 'Value Destructive' Poison Pill

As a significant, long-term shareholder of RRD, Chatham strongly urges the Board not to renew its value destructive and insulating stockholder rights plan (the "Poison Pill") upon its expiration on August 28, 2021. Moreover, Chatham recommends the Board engage an external advisor to undertake a strategic review of the Company's assets to unlock the intrinsic value of RRD and improve its share price.

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Sappi Europe to increase prices by no less than 10% for all graphics paper grades

Sappi Europe announces a price increase for all its woodfree coated, uncoated and mechanical coated paper grades by no less than 10% across all European markets.

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West Fraser Timber to buy back up to $1 billion of its shares

The forestry company says it is conducting a "modified Dutch auction" with a tender price range of $85 to $98 per share.

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Lecta Increases Prices of Thermal and Carbonless Papers for New Orders

Lecta announces, with immediate effect, a price increase of up to 15% for new orders of thermal and carbonless papers.

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Verso Corporation Announces Preliminary Results of Modified Dutch Auction Tender Offer

Verso Corporation announced the preliminary results of its "modified Dutch auction" tender offer for the purchase for cash of shares of its Class A common stock, par value $0.01 per share (the "Shares"), having an aggregate purchase price of not more than $55.0 million, which expired at 12:00 midnight, New York City time, at the end of Thursday, June 10, 2021.

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Sappi Europe to increase prices for all Sublimation & Inkjet grades by 8-15%

Sappi Europe announces a price increase for Transjet, Basejet and Inkjet grades by 8-15 % valid for deliveries from 1 July 2021.

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Sonoco Implementing Price Increase for Uncoated Recycled Paperboard

Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning July 15, 2021.

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Displaying Articles 1 - 25 of 173
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