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Big move for International Paper coming soon

2015-01-28 21:54:39| Paper - Topix.net

The company is planning to move into its new headquarters by March and could make a few acquisitions before the end of the year. Earlier today Mark Sutton , the company's CEO, said International Paper is reportedly looking to acquire box conversion plants in the U.S. and box conversion and containerboard facilities in the U.S., Mexico, Brazil and Europe.

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Adidas CEO vows to stay on, admits mistakes - paper

2015-01-28 15:15:59| Footwear - Topix.net

The long-serving chief executive of Adidas has no intention of stepping down despite criticism as the German sportswear company loses ground to U.S. rival Nike , he told a German newspaper. "If I no longer had the ambition and the energy, and the firm belief that I can bring the company further forward, then I would stop immediately," Herbert Hainer was quoted as saying by the Sueddeutsche Zeitung daily.

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What to Expect When International Paper (IP) Reports Fourth-Quarter Earnings Tomorrow

2015-01-28 01:06:03| Paper - Topix.net

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RockTenn paper mill announces merger with MeadWestvaco

2015-01-27 12:39:05| Paper - Topix.net

RockTenn Company and MeadWestvaco Corporation announced this morning that they are merging to create a $16 billion global packaging company. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted earnings before taxes of $2.9 billion, including the impact of $300 million in estimated annual savings to be achieved over three years.

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EU paper calls for binding CCS targets by 2030

2015-01-26 13:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: European countries should be given binding targets for installing technology to capture and store carbon emissions, according to a new report for the European commission. The UNs climate science panel says such technology could have to account for over a fifth of the worlds carbon cuts by 2050 and the new paper, produced by consultants for the EC, says there is a genuine and urgent need for it in Europe. Carbon capture and storage (CCS) is an experimental technology that traps emissions...

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