Further to Canfor Corporation’s (TSX:CFP) announcement on June 17, 2020, its 70%- owned subsidiary, Vida Group, has today completed the purchase of three sawmills located in Sweden from Bergs Timber.
https://www.canfor.com/docs/default-source/news-2020/canfor-subsidiary-closes-bergs-acquisition.pdf?sfvrsn=330fee91_2
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Appleton Coated’s new Ethos Enhanced Inkjet Swatchbook highlights the product’s versatility. Featuring samples printed across multiple high-speed inkjet platforms – including the HP PageWide, Kodak Prosper, Ricoh IPS5000 & Pro VC60000, Canon ColorStream & VarioPrint i300, and Screen TruePress – the book is a showcase of the capabilities of this silk, coated-like inkjet paper.
“The swatchbook is printed by our customers across North America,” explains Amy Ambos, Appleton Coated’s inkjet product manager, “using both dye and pigment inks. Ethos Enhanced Inkjet is an obvious choice for many direct mail, commercial and publishing applications.” Ambos continues, “Our customers are impressed with the print quality, runnability, and product availability. The product is manufactured at our mill in Combined Locks, Wisconsin, ensuring the quick-turn required by many customers.”
Georgia-Pacific has announced that the formerly known Augusta Select Tissue mill in Augusta, Canada, would be closing, reports WRBC. The company pinned the mill’s closure on increased competition in the industry and improved performance of other facilities. Some of the equipment will be moved to other units, while other will be sold for scrap. The property will also eventually be sold, according to the company. Click Read More below for additional information.
The board of directors and management of Norske Skog are pleased to announce that it has managed to broker a consensual solution between the Unsecured Committee, the Senior Secured Noteholder Committee and major shareholders. The two bondholder committees and the major shareholders have agreed on a split of the equity ownership of Norske Skogindustrier ASA, following the recapitalization transaction that these groups will support. With this development, over 80% of the senior secured noteholders and more than 50% of the unsecured noteholders have now indicated their willingness to support such an adjusted recapitalization proposal. Therefore, the relevant boards in the Norske Skog group have resolved to revise the terms of the ongoing consent solicitation in accordance with the split agreed. The formal consent solicitation deadline is extended until Wednesday 25 October at 17:00 CET to allow adequate time for the group's noteholders to submit their formal consents. Click Read More below for additional information.