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PCA to appeal April 24 jury verdict to award US$91.8M in compensatory damages, plus prejudgment interest, to nine survivors of deadly February 2017 explosion at PCA's DeRidder containerboard mill in Louisiana; PCA, its insurers reviewing verdict, options
Published:
May 09, 2024
by Packaging Dive
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RBC highlights paper products news for week of May 6: Final North American pulp list prices increase in April; major containerboard producers attempt second price increase in 2024; Twin Rivers sold Pine Bluff, Arkansas, unbleached kraft paper mill
Published:
May 09, 2024
by RBC Capital Markets LLC
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Wells Fargo sees solid support for June containerboard price hike, noting improved demand, operating rates moving into 90%+, and industry focusing on US$50 price increase; cross border M&A regains spotlight, with Suzano's reported unsolicited IP bid
Published:
May 07, 2024
by Wells Fargo & Co.
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International Paper says it does not comment on rumors or speculation in recent media reports, remains focused on completing its previously announced combination with DS Smith; Reuters recently reported that Suzano verbally offered to buy IP for US$15B
Published:
May 07, 2024
by PR Newswire
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Truist Securities 'unsure' of strategic rationale around Suzano pursuing IP; however, IP could explore selling its fluff pulp business to Suzano, which would allow IP to dispose of highly cyclical business and focus on core US containerboard operations
Published:
May 07, 2024
by Packaging Dive
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