Paper

Box plant closures loom in the U.S

NEW YORK (Reuters) - Industry consolidation, improved efficiencies and a slowdown in the U.S. economy are likely to drive further U.S. box plant closures in the months ahead, top industry executives told the Reuters Paper Summit.

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Metso Paper says unlikely to be sold

HELSINKI (Reuters) - The paper unit is a key part of Finnish engineering group Metso Oyj , and is unlikely to be sold, the head of the unit said on Friday. | Video

Big papermakers look to bolster energy base

HELSINKI (Reuters) - High energy costs and global environmental concerns are driving some of the world's biggest paper producers to step up self-sufficiency and seek new ways to power their mills, industry leaders told Reuters Paper Summit.

Smurfit-Stone sees restructuring ending soon

NEW YORK (Reuters) - Smurfit-Stone Container Corp , one of the largest North American containerboard makers, expects its restructuring process to end during the first half of 2009, President Steven Klinger said on Thursday.

Metso eyes Asia, S.America paper machine sales

HELSINKI (Reuters) - Finnish engineer Metso sees continued prospects in Asia and Latin America for sales of pulp and paper machinery while the North American market remains stagnant, a senior executive said.

International Paper plans box plant closures

NEW YORK (Reuters) - International Paper Co , the largest North American paper and containerboard maker, expects to make an announcement in coming months about box plant closures, Chief Financial Officer Tim Nicholls said on Thursday.

Norske Skog sees newsprint price hikes

OSLO/HELSINKI (Reuters) - Norwegian papermaker Norske Skog sees European newsprint prices increasing in 2009 by more than rising costs, giving some margin improvement, the company's chief executive said on Wednesday.

Norske Skog sees newsprint margins improving

OSLO (Reuters) - Norwegian papermaker Norske Skog expects European newsprint prices to increase in 2009 by more than rising costs, giving some margin improvement, the company's chief executive said on Wednesday.

Norske Skog upbeat on Korean unit sale

OSLO (Reuters) - Norway's Norske Skog is confident that an $830 million sale of its South Korean division will go through as planned, but its chief executive declined to say when he expected to close the deal.

UPM says supply tight in magazine paper

HELSINKI (Reuters) - The world's top magazine paper maker UPM-Kymmene said it had a positive view on the future of magazine paper prices as oversupply was subsiding.

Holmen sees 2009 newsprint prices up sharply

STOCKHOLM/HELSINKI (Reuters) - Swedish papermaker Holmen sees newsprint prices rising substantially in Europe next year, its chief executive said on Thursday.

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