Bulgaria's Commission for Protection of Competition said that it has granted approval to paper and packaging company Smurfit Kappa Europe, part of London-listed Smurfit Kappa Group, to acquire Bulgarian peer Vitavel.
Shareholders of Suzano Papel e Celulose SA on Monday approved the incorporation of Fibria Celulose SA and the change in their company's name to Suzano S.A., according to a Suzano securities filing.
MTR Martco supplies stock-prep technologies, upgrades and optimization services, rebuilds and spare parts for companies active in the pulp and paper industry throughout the U.S., Mexico and Canada.
U.S. printing company RR Donnelly & Sons Co is closing its Brazilian operations and exiting the country as the domestic magazine and book industries struggle, the company said in a statement on Tuesday.
UPM plans to permanently close paper machine 10 at UPM Plattling, Germany, reducing the annual capacity of coated mechanical paper in Europe by approximately 155,000 tons.
