Graphic Packaging intends to use the proceeds from the offering to repay a portion of the outstanding credit facility borrowings and for general corporate purposes.
Recently supply shortages of important raw materials arose as a result of intense transport controls in connection with the current situation surrounding the coronavirus.
Two pulp and paper union locals representing nearly 300 workers will begin contract negotiations next week with Nippon Dynawave, and the talks may be thorny.
To boost the collection of used release liners, UPM Specialty Papers has announced a cooperation with Cycle4green who specialises in recycling release liners.
Members of United Steelworkers Local 449 have voted overwhelming to ratify a new five-year contract that raises wages, improves benefits and increases the number of union jobs at the Huhtamaki paper packaging mill in Waterville.
Paper Excellence continues to work on eliminating a malware infection that's affecting production at the Catalyst Crofton mill, as well as mills in Howe Sound and Powell River on the Sunshine Coast.
Michael Hsu, CEO of Kimberly-Clark Corp., parent company of Kimberly-Clark Professional, has been elected to the board of directors for international technology firm Texas Instruments Inc. (TI).
Industry groups in New Brunswick are adding their voices to the chorus of those calling on the federal government to bring an end to the blockades that have paralyzed much of Canada's rail system.
Three construction labourers died and five were injured at an accident around midnight Feb. 23 in the Sirpur Paper Mills (SPM) in Kagaznagar town of Kumram Bheem Asifabad district. Loose soil from the top fell on the labourers who were working at the bottom of a pit, resulting in some of them being buried.
