Papier- und Zellstoffindustrie

Helsinki, Finland, Jul 28, 2011 - All the necessary approvals concerning the sales of UPM’s Russian logging company ZAO Tikhvinsky Komplexny Lespromkhoz to International Paper have been obtained and the transaction has been closed.

The rapid development of China’s paper industries is highlighted in the latest edition of the ‘Paper Contract with China Report’ from APP-China.

The emergence of high-growth paper companies in the developing countries of Asia, and particularly in China, is redefining the global pulp and paper market, following years of investment in new technology and environmental innovation.

Helsinki, Finland, Jul 15, 2011 - Pöyry Plc has completed the acquisition of parts of the engineering consulting business of Vattenfall Power Consultant AB (see Company Announcement of April 14 2011). The business has been incorporated into a new company, SwedPower AB, in which Pöyry has 100 per cent shareholding. The parties have agreed not to disclose the purchase price.

Graz, Austria, Jul 18, 2011 - International technology Group ANDRITZ has acquired Iggesund Tools International AB, headquartered in Iggesund, Sweden, including its subsidiaries in the USA, Canada, and other countries. The acquired companies have approximately 160 employees and generate annual sales of about 25 MEUR. It was agreed not to disclose the purchase price.

Finland, Jul 20, 2011 - The EU Commission has published its proposed amendment to the Sulphur Directive, which would lead to the maximum sulphur content of maritime fuels being lowered to 0.1% on the Baltic Sea by the beginning of 2015.