Greif, Inc. announced that it has received notice that the U.S. Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding Greif's pending acquisition of Caraustar Industries, Inc.
The company will further consolidate production facilities to reduce fixed costs by shutting down the No. 8 paper production machine at the Kushiro Mill and the No. 6 paper production machine at the Hokkaido Mill in Yufutsu, Japan.
UPM Energy is increasing the production capacity of its Kuusankoski hydro power plant in Finland through an extensive renovation and modernization project during 2019-2022.
Western Forest Products Inc. has completed the acquisition of certain assets of Columbia Vista Corporation and related entities located in Vancouver, Washington.
Ahlstrom-Munksjö and Metsä Fibre have started safety collaboration by auditing each other's production facilities. This is a unique form of collaboration among the Pulp and Paper industry with the target of promoting the safety work within the industry.
Conifex Timber Inc. announced that it is temporarily curtailing sawmill operations at its Fort St. James, British Columbia, Canada, sawmill for three weeks commencing February 4, 2019, due primarily to continued high log costs and lumber market conditions.
The operator of a pulp and paper mill at the centre of a continuing controversy in Pictou, N.S., has asked the provincial government to allow it an extra year of dumping the mill's wastewater next to the territory of a local First Nation.
Stora Enso said it is planning to close paper machine 6 at Imatra Mills in Finland and to start co-determination negotiations at the mill related to this plan.
