SEK 6.4 million. That is the additional amount that the Södra Foundation for Research, Development and Education is contributing to research projects in forest management and the forest industry. The largest initiatives focus on mixed coniferous stands in southern Sweden and renewable fuels.
Sonoco announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after July 26, 2021.
The Mayr-Melnhof Group ('MM') and a subsidiary of funds managed by Oaktree Capital Management, L.P. ('Oaktree') have reached a firm intention on the sale of MM's virgin fiber cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to Oaktree for an equity value of EUR 104.6 million and net debt subject to final closing accounts.
Assembly lawmakers passed legislation Tuesday that would provide $50 million in federal pandemic aid to a timber cooperative to buy and upgrade the Verso paper mill that was shut down in Wisconsin Rapids, costing 900 people their jobs.
