For decades I have been saying the pulp and paper industry is one of the most exciting sectors in the manufacturing world. It is full of surprises, never ceases to be entertaining and is continually offering new ways to succeed. Now an outfit called Allrise Capital has once again reinforced my beliefs in this thinking.
PotlatchDeltic Corporation released its 2020 Environmental, Social, and Governance (ESG) Report. The Report highlights PotlatchDeltic's continued commitment to environmental stewardship, human capital management, supporting its communities, and towards creating sustainable value.
According to plant manager, Paul Nelson, an employee was offloading a rail car at around 6:30 a.m. when a corrosive chemical splashed on him. Nelson said the employee was wearing PPE and did undergo a chemical wash.
Gov. John Bel Edwards and Weyerhaeuser announced the company plans to make a two-phased capital investment in its Holden facility. The project would result in approximately $157 million invested over several years to upgrade equipment and modernize the sawmill. Phase one includes nearly $19 million to upgrade lumber kiln-drying capacity, while the second phase will include a major investment of approximately $138 million to completely modernize the facility.
Suzano, a global reference in the production of bioproducts developed from the cultivation of eucalyptus, announces the construction of a new plant with annual production capacity of 2.3 million tons of eucalyptus pulp.
Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc., announced it successfully started up its OCC system on PM1 at the Tangshan Jiluan Paper Industry mill in Tangshan. The new line has a capacity of 900 tons per day.
