Brazil’s Suzano Papel e Celulose SA (SUZB3.SA) will pay Fibria Celulose SA’s (FIBR3.SA) shareholders 52.50 reais ($15.92) per share in a merger that will create the world’s largest pulp maker, the companies said in statements on Friday.
Additionally, Fibria’s shareholders will receive 0.4611 shares of Suzano for every share they hold in Fibria.
https://www.reuters.com/article/us-fibria-m-a-suzano-papel/brazils-suzano-will-pay-52-50-reais-per-share-of-fibria-in-merger-statement-idUSKCN1GS1JH
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Wisconsin based paper mill, celebrates Paper & Packaging – How Life Unfolds® promotional campaign from the Paper and Packaging Board. The Paper & Packaging – How Life Unfolds® campaign is an industry-funded effort to highlight the important role paper and packaging play in lives, helping to accomplish goals and keep goods and products safe. “We are pleased to see the Paper & Packaging – How Life Unfolds® campaign in the market,” said Jim Koronkiewicz, BPM General Manager. “Our mill has made paper for over 75 years and while we have observed the increased use in technology, statistics show that paper usage creates a long-lasting impression and helps aid communication. The use of promotional videos, information and new brand ambassadors help to strengthen the consumer connection established by the campaign." Click Read More below for additional information.
Please be advised that effective with shipments on or after July 1, 2018, Resolute’s White Paper grades noted below will increase by US$30/short ton. Products impacted by this price increase are limited to the following: ResoluteSelect 70, 65; ResoluteBook 70, 65,60 & ResoluteBook 70 Cream. The increase will be applicable to all basis weights and finishes, and all upcharges apply.
Metsä Group has made its second Swedish investment in FineCell (FineCellOx AB), developer of the FineCell technology and producer of CellOx dry cellulose powder. The company will use the EUR 1 million seed funding to improve its material application know-how, engage with potential customers, and finalise the material needed for making an investment decision concerning a demo production facility. The funding round lead by Metsä Group’s innovation company Metsä Spring consists of a group of investors, including EIT InnoEnergy and the company’s founder. The FineCell technology can turn pulp into added-value biomaterial that can be used both as a powder and as a water solution, i.e., a hydrogel. These can replace fossil-based chemicals in beauty and healthcare products, as well as in paints. FineCell is a spinout of the KTH Royal Institute of Technology in Stockholm, Sweden.