The company says in a business update that it expects its operating loss to be between US$15 million and US$19 million, due in part to US$19 million in closure and restructuring costs and US$74 million in depreciation and amortization.
Montana officials are worried that the sale of hundreds of thousands of acres of timberland may eventually close off the public access that previous owners have allowed, despite assurances from the buyer that no such changes are planned.
Excess heat from the industrial processes at Stora Enso's Maxau paper mill in Germany, will be used to provide renewable, biomass-based district heating for the city of Karlsruhe.
Some 9,000 workers at Finnish paper mills will start a three-week strike on Monday after wage talks broke down, their labor union said in a statement, the latest in a series of labor conflicts to hit Finland.
Georgia Pacific announced news last week that now makes many believe there is still a future for the plant in the region. They plan to invest $37 million into operations at the Crosset
Italian tissue manufacturer Sofidel Group anticipates an early June grand opening for its $360 million facility in Inola, Oklahoma a spokesman for the company said.
