Why Europe's paper firms struggle

Article Abstract:

The European Union paper industry is beginning a rebound from stiff market competition and a strong Euro. Prices for paper that are approximately 20 percent less than in 2001 are increasing. Chinese exports have cut into the European market with paper production making China the second largest worldwide producer.

Finland, China, Europe, Forecasts, trends, outlooks, Sweden, Paper mills, Economic aspects, European Union, Industry forecasts, Industry overview, Financial report

---

APP, creditors near deal on $6.7 billion of debt

Article Abstract:

Asia Pulp and Paper Co. is close to reaching a deal with its creditors on its debt restructuring. The company is planning to restructure debt valued at $6.7 billion (5.66 billion euros).

---

APP debt plan riles creditors

Article Abstract:

Creditors are expressing their disagreements over Asia Pulp and Paper Co.'s debt-workout plans. The company is proposing a debt-to-equity swap at its holding firm in China.

Similar abstracts:

• Abstracts: German dividends fall short. European firms get reality check in form of profits. Microsoft to double dividend; some investors call for more
• Abstracts: Tiny oil firm sets sights on Iraq. China and Japan court Russians over oil pipeline. Iraq faces new hurdle in push to export oil
• Abstracts: The world's capital: going global; in bid to land ABN, Barclays taps funding from China, Singapore. Lloyds TSB to sell Abbey Life unit
• Abstracts: U.K. rates may be near peak: central bank report hints at one more rise to combat inflation. U.K. GDP grew at weaker pace in first quarter
• Abstracts: Telecom Italia rejects second Olivetti bid. Olivetti, Telecom Italia fight heats up

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.