ND Paper LLC ("ND Paper"), a wholly-owned subsidiary of Nine Dragons Paper (Holdings) Limited (the "Company" or "Nine Dragons"), announced that it has entered into a definitive asset purchase agreement (the "Agreement") with OTM Holdings, LLC (the "Seller"), a subsidiary of CVG, Inc, pursuant to which ND Paper will acquire the Seller's bleached kraft pulp mill, plus approximately 100 acres of real property, located in Old Town, Maine (the "Old Town Mill" or the "Mill") for an undisclosed sum, payable in cash.
Paper Excellence Canada (PEC) is today announcing it has entered into an agreement to acquire Catalyst Paper Corporation, including its three facilities located in Crofton, Port Alberni and Powell River, its Surrey distribution centre and headquarters in Richmond, BC. This agreement is subject to regulatory review and approvals.
Plans for more digital postpress offerings to reach new target groups
Innovative solutions for pharmaceutical growth market and customer-specific mailing systems
Takeover opens up activities for a joint future and creates important synergies
Production plant in Portugal suitable expansion site for company
Creation of a new and stronger Clariant with sales of approximately CHF 9 billion and an EBITDA margin of around 20 % in 2021
Intended transaction to combine Clariant’s Additives and high value Masterbatches with parts of SABIC’s Specialties business to form the Business Area High Performance Materials which will provide customers with significant benefits and strategic advantages
Remaining Plastics & Coatings business (Pigments, standard Masterbatches and Medical Specialties) to be divested by 2020
The new Clariant will benefit from an enhanced specialty portfolio, creating the basis to accelerate profitable growth and become a leading player in each of its Business Areas
Attractive prospects in Care Chemicals, Catalysis and Natural Resources with further improvements in margins
Clariant is a dedicated and strong partner providing innovative, specialized solutions for profitable growth and a sustainable tomorrow
Gerber Technology announced today that it has acquired MCT Digital, adding modular laser cutting technology to their existing industrial strength finishing solution hardware and software portfolio. The addition of MCT's high-end large format cutting builds on Gerber's heritage in the sign & graphics and packaging industries, as well as giving Gerber a key technology platform to serve its industrial markets.
VeBridge Brings Tools & Knowledge That Simplify Document Management Processes
Agreement underlines long-term commitment of SABIC as strategic anchor shareholder creating value for all stakeholders
Extraordinary General Meeting scheduled for 16 October 2018 to decide on expansion of Clariant Board of Directors to 12 members; four Board members to be nominated by SABIC
Current Clariant CEO Hariolf Kottmann proposed as new Chairman of the Board
Ernesto Occhiello appointed new CEO effective as of 16 October 2018
Clariant to continue as an independent listed company headquartered in Switzerland under Swiss corporate governance
Clariant and SABIC, two world leaders in chemicals, today jointly announced the signing of a Governance Agreement that determines the principles of Clariant’s future governance, defines SABIC’s position as a strategic anchor shareholder and confirms Clariant’s independence as a publicly-listed company under Swiss corporate governance.
SABIC recently completed the purchase of a 24.99 % stake in Clariant.