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Ahlstrom-Munksjö To Renew Its Business Platform

Thursday, 13 Feb 2020 06:00am EST

Feb 13 (Reuters) - Ahlstrom-Munksjo Oyj ::AHLSTROM-MUNKSJÖ TO RENEW ITS BUSINESS PLATFORM FOR FUTURE SUCCESS.WILL INTRODUCE RENEWED BUSINESS PROCESSES AND MODERN SYSTEMS.THIS NEW, STRONGER PLATFORM WILL GREATLY BENEFIT AHLSTROM-MUNKSJÖ'S WAY OF DOING BUSINESS BY UTILIZING DATA AND OPPORTUNITIES FOR FURTHER DIGITALIZATION..BUSINESS PLATFORM RENEWAL WILL BE CARRIED OUT DURING SEVERAL YEARS.WORK WILL BE STARTED THIS YEAR WITH A THOROUGH PLANNING PHASE.

Glatfelter Reports Fourth Quarter And Full Year 2019 Results

Thursday, 6 Feb 2020 07:03am EST

Feb 6 (Reuters) - P H Glatfelter Co ::GLATFELTER REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.17 FROM CONTINUING OPERATIONS.QTRLY LOSS PER SHARE $1.01.QTRLY CONSOLIDATED NET SALES TOTALED $231.0 MILLION VERSUS $229.5 MILLION.PLANS TO RELOCATE CO'S CORPORATE HEADQUARTERS FROM YORK, PENNSYLVANIA, TO CHARLOTTE, NORTH CAROLINA, IN MID-2020.FOLLOWING SALE OF SPECIALTY PAPERS BUSINESS IN 2018, CO REDUCED ITS PENNSYLVANIA WORKFORCE BY OVER 90%.

Changes To Stora Enso's Consumer Board And Packaging Solutions Divisions

Wednesday, 4 Dec 2019 02:00am EST

Dec 4 (Reuters) - Stora Enso Oyj ::CHANGES TO STORA ENSO'S CONSUMER BOARD AND PACKAGING SOLUTIONS DIVISIONS.MERGING ITS CONTAINER BOARD BUSINESS IN PACKAGING SOLUTIONS DIVISION WITH CONSUMER BOARD DIVISION, CREATING A NEW PACKAGING MATERIALS DIVISION.REMAINING BUSINESS IN PACKAGING SOLUTIONS TOGETHER WITH STORA ENSO'S RECENTLY CREATED FORMED FIBER UNIT, WILL CONSTITUTE A MORE FOCUSED PACKAGING SOLUTIONS DIVISION.CHANGE IS EFFECTIVE AS OF 1 JANUARY 2020.RESTATED FIGURES FOR NEW DIVISIONAL STRUCTURE WILL BE PUBLISHED DURING Q1 OF 2020.FOR PACKAGING SOLUTIONS, WE ARE INCREASING OUR FOCUS ON GROWING NEW SERVICES AND PACKAGING SOLUTIONS AS WELL AS INNOVATION COLLABORATIONS FOR DEVELOPING NEW RENEWABLE PACKAGING.

Kompap EGM Resolves To Merge With Wholly-Owned Unit Imprimus

Friday, 8 Nov 2019 07:45am EST

Nov 8 (Reuters) - Przedsiebiorstwo Produkcyjno Handlowe Kompap SA ::EGM RESOLVES TO MERGE WITH WHOLLY-OWNED UNIT IMPRIMUS.

Verso Corp Explores Strategic Alternatives And Approves Adoption Of Stockholder Rights Plan

Thursday, 13 Jun 2019 04:50pm EDT

June 13 (Reuters) - Verso Corp ::VERSO CORPORATION EXPLORES STRATEGIC ALTERNATIVES AND APPROVES ADOPTION OF STOCKHOLDER RIGHTS PLAN.VERSO CORP - "IN LIGHT OF RECENT HEADWINDS FACED BY VERSO AND MANY OF OUR COMPETITORS, WE HAVE TAKEN SEVERAL STEPS TO ADDRESS OUR CHALLENGES".VERSO CORP - YET TO SELECT A PERMANENT CHIEF EXECUTIVE OFFICER.VERSO CORP - REENGAGED HOULIHAN LOKEY CAPITAL AS FINANCIAL ADVISOR TO ASSIST IN IDENTIFYING AND EVALUATING A RANGE OF POTENTIAL STRATEGIC ALTERNATIVES.VERSO CORP - BOARD HAS APPROVED ADOPTION OF A LIMITED DURATION STOCKHOLDER RIGHTS PLAN.VERSO CORP - BOARD AUTHORIZED A DIVIDEND DISTRIBUTION OF ONE RIGHT FOR EACH OUTSTANDING SHARE OF COMMON STOCK.

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