Catalyst Paper says it’s selling the Maine mill and another in Wisconsin to a subsidiary of Nine Dragons Paper.
paper industry
Posted inBusiness, Local & State, News, Politics
Maine’s senators submit bill to delay tariff on newsprint
Sens. Susan Collins and Angus King want to delay a proposed import tax on Canadian newsprint so the Commerce Department can study the effects on U.S. newsprint manufacturers and the newspaper industry.
advertisement
Posted inOp-Eds, Opinion
Tariffs on newsprint from Canada put U.S. newspapers in jeopardy
The tariffs raise costs for an industry already in financial straits, and if made permanent could lead to the demise of printed news in many small communities.
Posted inBusiness, Local & State, News
Verso posts $30 million loss for 2017 as it invests in Jay mill
The paper company projects stronger sales and more production of specialty paper in 2018.
Posted inBusiness, Nation & World
Irish packaging giant rebuffs International Paper’s takeover bid
The attempted acquisition of Smurfit Kappa Group comes as online shopping increases demand for cardboard boxes.
Posted inBusiness, Local & State, News
Shuttered Old Town mill sold, to be redeveloped for forest-products tenants
The former pulp mill has been the site of a string of failures, but its assets and potential continue to attract entrepreneurs.
Posted inBusiness, Local & State, News
UMaine’s Old Town mill project will ensnare taxpayers, companies warn
Two that lost a bid to create renewable energy at a vacant paper mill file appeals, saying ConEdison Solutions hasn’t outlined the cost of a venture likely to exceed $100 million.
Posted inBusiness, Local & State, News
Despite setbacks and questions, a company pursues new multimillion-dollar markets for Maine wood
Maine Woods Biomass Exports is shipping hemlock to China, hoping an undervalued species can create opportunities for Maine’s hard-pressed forest products industry.
Posted inBusiness, Local & State, News
Potential buyer gets court order limiting demolition at East Millinocket mill site
The company plans to buy the property for a biofuel refinery, but says the owner is ignoring their deal and doing demolition that endangers some of the buildings the company wants to use.
Posted inBusiness, Local & State, News
Verso restructures, puts Jay mill in specialty paper division
The paper company said it expects to save 10 percent in overhead costs from consolidating corporate offices and realigning into two paper divisions.