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The global paper industry is suffering due to a fall in prices. This has been caused by overcapacity, which is a result of over-investment during the 80's. The fluctuations in the currency markets have also damaged certain companies in the industry, particularly the depreciation of the US dollar and the devaluation of the Swedish krona. Many are trying to reduce costs which included reductions in environmental capital spending. This may not be sufficient to enable them to compete with low cost Asian producers, however.

Tokyo, March 27 (Jiji Press)--Hokuetsu Paper Mills Ltd. will acquire Kishu Paper Co. on Oct. 1, the two companies said Friday. Hokuetsu, which ranks sixth in the Japanese market, and [...]

Tokyo, Nov. 17 (Jiji Press)--Daio Paper Corp. said Monday that it will raise its monthly production capacity of copier paper products made 100 pct of recycled paper pulp to 8,000 [...]

Tokyo, Feb. 2 (Jiji Press)--Japan's Oji Paper Co. said Tuesday it will cut its domestic production capacity for printing paper by some 10 pct, or 290,000 tons annually. In March, [...]

Tokyo, Feb. 16 (Jiji Press)--Nippon Paper Group Inc. said Monday it has signed an agreement to acquire PaperlinX Ltd.'s Australian Paper unit for over 36 billion yen. The Japanese company's [...]

(From Jiji) Tokyo, Dec. 1 (Jiji Press)--Nippon Paper Group Inc. , Japan's second largest paper maker, and Hokuetsu Paper Mills Ltd. , the fifth largest, announced Friday that they have [...]

Tokyo, July 23 (Jiji Press)--Daio Paper Corp. said Friday that it will build a plant for paper diapers for babies in Thailand, aiming to launch operations in 2011. Investment will [...]

Yuen Foong Yu Paper Manufacturing Co., a major paper producer of Taiwan, said yesterday it is ready to supply more paper utensils, as the government stepped up its environmental regulations. [...]

Tokyo, Dec. 2 (Jiji Press)--Mitsubishi Paper Mills Ltd. and Hokuetsu Kishu Paper Co. said Wednesday that they will withdraw from a tree-planting project in Adelaide, southern Australia, as it is [...]

Tokyo, Feb. 5 (Jiji Press)--Five major Japanese paper makers suffered falls in group recurring profit in April-December due to a substantial fall in paper demand for advertisement. The five companies [...]

FORESTRY & PAPER Stora Enso, Europe's largest paper company, will lay off 5,000 workers and book a [euro]670m ($881m) impairment charge as the Nordic paper industry steels itself for another [...]

TORONTO -- Weyerhaeuser, the US forest products group, has agreed to merge its fine-paper business withMontreal-based Domtar, underscoring the North American paper industry's struggle against the impact of the internet [...]

forestry & paper Finnish company's sale to ease liquidity M-real's rating put at negative outlook Sappi, the world's biggest producer of glossy paper, yesterday sidestepped the mayhem in global capital [...]

Tokyo, July 30 (Jiji Press)--Oji Paper Co. on Friday reported consolidated earnings growth for April-June, thanks mainly to cost cuts. Net profit for the first quarter of fiscal 2010 gained [...]

Greenpeace has accused Walmart, Tesco, Carrefour and other international companies of buying products from an Indonesian pulp and paper producer that it claims is destroying rainforests in violation of promises [...]

Tokyo, June 22 (Jiji Press)--Japan's Nippon Paper Group Inc. said Tuesday that it has agreed to buy a 12 pct stake in Lee & Man Paper Manufacturing Ltd., the second [...]

Not LOOKING too good ON PAPER But this late-comer has had the opportunity to learn from the mistakes of others The performance of pulp and paper group Sappi within the [...]

As creditors worldwide begin to close in on Asia Pulp and Paper Company, the debt-ridden forest products leader in non-Japan Asia, another group of predators is circling. Global paper industry [...]

Tokyo, May 26 (Jiji Press)--Oji Paper Co. and Japan Post Service Co. have jointly developed postcard paper with a recycle ratio of some 55 pct, Jiji Press learned Tuesday. Oji [...]

FORESTRY & PAPER News analysis Over-capacity and weak prices take their toll, writes Robert Anderson When Stora Enso, Europe's biggest paper company, sold one of its mothballed Finnish mills to [...]

Tokyo, March 2 (Jiji Press)--Rengo Co. , Japan's top cardboard maker, said Monday that it has dissolved its two-year business partnership with Nippon Paper Group Inc. , the second-biggest paper [...]

(From Jiji) Tokyo, Oct. 27 (Jiji Press)--Daio Paper Corp. said Friday it has acquired shares in Hokuetsu Paper Mills Ltd. , as part of a move apparently designed to better [...]

(From Jiji) Tokyo, Sept. 19 (Jiji Press)--Oji Paper Co. said Tuesday it will invest 50 billion yen to install new paper production lines at its plant in Anan, in western [...]

(From Jiji) Tokyo, Sept. 12 (Jiji Press)--Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. said Tuesday they have signed a memorandum of agreement on a strategic alliance that the [...]

(From Jiji) Tokyo, Sept. 12 (Jiji Press)--Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. said Tuesday they will discuss forming a strategic alliance, aiming to conclude the talks by [...]

(From Jiji) Tokyo, Sept. 12 (Jiji Press)--Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. are expected to sign a basic tie-up agreement within this week, Hokuetsu President Masaaki Miwa [...]

(From Jiji) Tokyo, Sept. 5 (Jiji Press)--Japanese paper maker Oji Paper Co. said Tuesday its tender offer for smaller rival Hokuetsu Paper Mills Ltd. has ended in a failure. Oji [...]

(From Jiji) Tokyo, Aug. 28 (Jiji Press)--Hokuetsu Paper Mills Ltd. is considering forming a tie-up with South Korea's Kyesung Paper Co. group, a senior Hokuetsu official said Monday. Hokuetsu is [...]

(From Jiji) Tokyo, Aug. 28 (Jiji Press)--Oji Paper Co. will continue efforts for the success of its tender offer for Hokuetsu Paper Mills Ltd. , Oji Paper has said. In [...]

(From Jiji) Tokyo, Aug. 23 (Jiji Press)--The prospects for Oji Paper Co. acquiring Hokuetsu Paper Mills Ltd. look increasingly dim, as major Hokuetsu Paper shareholders do not support Oji's takeover [...]

(From Jiji) Tokyo, Aug. 7 (Jiji Press)--Major trader Mitsubishi Corp. has become the top shareholder of Hokuetsu Paper Mills Ltd. , the takeover target of Oji Paper Co. , by [...]

(From Jiji) Tokyo, Aug. 5 (Jiji Press)--Following its surprise acquisition of shares in Hokuetsu Paper Mills Ltd. , Nippon Paper Group Inc. plans to look into the possibility of forging [...]

(From Jiji) Tokyo, Aug. 4 (Jiji Press)--Nippon Paper Group Inc. , which is aiming to block Oji Paper Co.'s hostile bid to take over Hokuetsu Paper Mills Ltd. , bought [...]

(From The Yomiuri Shimbun/Daily Yomiuri) Nippon Paper to block Oji's Hokuetsu bid Yomiuri Nippon Paper Group Inc. announced Thursday it would purchase a significant amount of Hokuetsu Paper Mills Ltd. [...]

(From Jiji) Tokyo, Aug. 3 (Jiji Press)--Nippon Paper Group Inc. said Thursday it plans to acquire almost 10 pct of Hokuetsu Paper Mills Ltd. in terms of voting rights, in [...]

(From Jiji) Tokyo, Aug. 3 (Jiji Press)--Nippon Paper Group Inc. said Thursday it plans to acquire almost 10 pct of Hokuetsu Paper Mills Ltd. in terms of voting rights in [...]

(From Jiji) Tokyo, Aug. 1 (Jiji Press)--Japan's top paper-pulp manufacturer Oji Paper Co. said Tuesday it has decided to launch a tender offer for smaller competitor Hokuetsu Paper Mills Ltd. [...]

(From Jiji) Tokyo, Aug. 1 (Jiji Press)--Japan's top paper-pulp manufacturer Oji Paper Co. said Tuesday it has decided to launch a tender offer for smaller competitor Hokuetsu Paper Mills Ltd. [...]

(From Jiji) Tokyo, Aug. 1 (Jiji Press)--Japan's leading paper-pulp manufacturer Oji Paper Co. said Tuesday it has decided to launch a tender offer for smaller competitor Hokuetsu Paper Mills Ltd. [...]

(From Jiji) Tokyo, July 29 (Jiji Press)--Oji Paper Co. has proposed shelving its plan to launch a tender offer for Hokuetsu Paper Mills Ltd. on condition that Hokuetsu abandon its [...]

(From Jiji) Tokyo, July 24 (Jiji Press)--Oji Paper Co. has proposed to take over Hokuetsu Paper Mills Ltd. to create the world's fifth largest paper-pulp maker by sales, in an [...]

LONDON -- UPM Kymmene, the world's second-largest paper maker, yesterday said rising energy and materials costs had offset the impact of bigger paper deliveries and slightly higher prices, leaving the [...]

European equities edged higher as good performances from paper makers and the property sector outweighed losses among telecoms. The FTSE Eurofirst 300 rose 0.1 per cent to 1,319.57. Paper makers [...]

Paper is a sensitive ecological and political issue. It is easy to see why: paper consumes trees, which absorb carbon dioxide, which is a greenhouse gas, which contributes to global [...]

Tokyo, Oct. 28 (Jiji Press)--Nippon Paper Group Inc. said Tuesday that its main operating unit Nippon Paper Industries Co. will invest some 30 million U.S. dollars in the paperboard operations [...]

forestry & paper Norske Skog, the struggling Norwegian newsprint producer, is to sell its two Korean paper mills to private equity funds in a transaction worth Nkr4.3bn ($830m). The divestment [...]

Finnish paper manufacturers UPM-Kymmene and Stora Enso climbed yesterday, defying the gloom in European equity markets, on speculation that the two were considering a merger or an asset swap. UPM [...]

Text of report in English by official Chinese news agency Xinhua (New China News Agency) BEIJING, Dec. 23 (Xinhua) - China's Ministry of Commerce (MOC) said it had decided to [...]

A forgotten aspect of the hype that accompanied all things media in the late 1990s is the rosy outlook for pulp and paper manufacturers. A decade ago manufacturing facilities changed [...]

Tokyo, Dec. 20 (Jiji Press)--Paper and paperboard shipments in Japan are expected to increase 2.3 pct to 26.17 million tons in 2010, the first rise in three years, the Japan [...]