Materials and Metals Paper and Forest Products


  • LONDON, April 26- Encouraging company results and firmer oil prices helped European equities to rebound on Tuesday, with pulp and paper maker UPM and oil major BP climbing higher after their better-than-expected reports. "European equity markets are trading moderately higher on positive corporate earnings surprises from several companies," said Markus...

  • LONDON, April 26- European shares advanced on Tuesday after some encouraging company results, with pulp and paper maker UPM climbing after better-than-expected quarterly profits while BP also rose. The pan-European FTSEurofirst 300 index, which closed 0.6 percent lower in the previous session, was up 0.5 percent in early dealings. Shares in Whitbread, which...

  • LAPPEENRANTA, Finland, March 30- It has created a modest 200 jobs in a Finnish forestry industry that has lost around 20,000 in the past decade, but UPM-Kymmene's new biofuels plant offers long-awaited growth and hope. But the new plant, a global first, is already breaking even after little more than a year in operation in the eastern town of Lappeenranta; its...

  • *Fashion industry seeks alternatives to cotton. STOCKHOLM, March 13- Nordic pulp makers are developing clean ways to turn birch and pine trees into clothes or sofa covers to help revive their industry and meet demand from fashion and furniture firms for alternative textiles to cotton. Production is dominated by Austria's Lenzing, India's Aditya Birla and...

  • WASHINGTON, March 10- The United States and Canada on Thursday vowed to settle a long-standing dispute over Canadian exports of softwood lumber which could erupt again this October when an earlier agreement on the problem expires. Major companies operating in Canada which could be affected if the U.S. lobby pushed for higher duties on lumber include Canfor...

  • JOHANNESBURG, Feb 25- Mondi could borrow to fund acquisitions, its chief executive said on Thursday, after the world's No.2 paper packaging maker posted a 25 percent rise in annual profit. The company spent nearly 100 million euros on deals last year and chief executive David Hathorn said his company's balance sheet was strong enough to pursue deals if asset...

  • Weyerhaeuser will purchase Plum Creek Timber in a deal the two companies said would create a $23 billion timber, land and forest products company.

  • Apple CEO Tim Cook delivers the keynote address during Apple WWDC on June 8, 2015 in San Francisco, California.

    Indonesia's president cut short his maiden U.S. trip, standing up Apple's CEO, amid increasing political pressure over raging forest fires.

  • Paper consumption is decreasing: CEO

    Diogo da Silveira, CEO of Portucel Soporcel, discusses the paper industry and competition with Chinese paper firms in Asia.

  • An International Paper Co. employee stacks corrugated boxes on the floor of the company's factory in Mt. Carmel, Pennsylvania.

    International Paper on Wednesday reported fourth-quarter earnings of $134 million.

  • Sierra Nevada Mountains near Lake Tahoe

    Researchers are trying to find out if denser forests in California are soaking up more water and adding to the state's horrible drought.

  • IP CEO investing big in Russia

    From the Olympic Games in Sochi, CNBC's Michelle Caruso-Cabrera talks with John Faraci, chairman & CEO of International Paper, about his company's big stake in Russia's natural resources.

  • A sign for the Carlyle Group, a private equity firm, in Washington, DC.

    Carlyle Group is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, sources said.

  • Cramer's Money Tree Stock: Weyerhaeuser

    Weyerhaeuser is that rare company for which money does grow in trees, says Mad Money's Cramer, discussing the stock's recent run, and 2.8% yield, with Daniel Fulton, Weyerhaeuser Company CEO, adding "We are more optimistic this year as we head into 2012."

  • pile of bills

    Assuming you have been unable to achieve paperless perfection, managing household records can be tricky — never mind, time consuming — business, even for the uber organized.  Follow these rules.