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International Paper unloads $1.3 billion in pension liabilities

Oct 02, 2017 at 10:15 am by admin

MEMPHIS, Tenn. (From news reports) -- International Paper Co. said on Monday it would transfer $1.3 billion in pension obligations to No. 2 U.S. life insurer Prudential Financ.... Read More

HUL To Exit Joint Venture With U.S.-Based Kimberly-Clark

Oct 02, 2017 at 10:15 am by admin

INDIA (From news reports) -- Hindustan Unilever Ltd. has decided to divest its entire stake in joint venture Kimberly-Clark Lever Pvt Ltd. to its other partner Kimberly-Clark.... Read More

Southworth Paper files for bankruptcy a month after abruptly closing facilities

Oct 02, 2017 at 10:15 am by admin

AGAWAM, Mass (From news reports) -- Southworth Co., the 178-year-old paper maker that shut down abruptly one month ago, filed for federal bankruptcy protection on Thursday, ac.... Read More

Coldwater acquires CoorsTek's ceramic drainage elements business

Oct 01, 2017 at 10:45 am by admin

ATLANTA, Georgia (News release) -- Coldwater Group announced the acquisition of the paper machine drainage elements business of CoorsTek in Hillsboro, Oregon, formerly known a.... Read More

Ecolab agrees to acquire Georgia-Pacific's paper chemicals business

Oct 01, 2017 at 10:15 am by admin

ST. PAUL, Minn. (News release) -- Ecolab Inc. has signed an agreement to acquire the paper chemicals business from Georgia-Pacific. This business supplies differentiated produ.... Read More