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Showing 11 articles from December 2, 2021.

People in the News

PotlatchDeltic President and CEO to Lead AWC Board of Directors

The American Wood Council (AWC) announced the election of PotlatchDeltic President and CEO Eric Cremers as the Chairman of the AWC Board of Directors for a two-year term, effective January 1, 2022.

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Jim's Articles

Week of 6 December 2021: Now more than ever
Week of 6 December 2021: Now more than ever

If you have read this column for any length of time, you know that old Jim has told you countless times to carefully mothball energy assets that are out of favor, for sooner or later, they will come back into fashion again. This statement is a corollary to my principle, all energy decisions are political. This calendar year has seen a sudden swing to an overwhelming global opinion that climate change is "settled science" and we can't decarbonize fast enough. Couple this with ESG (Environmental, Social and Corporate Governance) principles and boards of directors worldwide are moving at warp speed towards these extremely popular ideas.

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Spotlight

USW Demands Federal Action to Stop New U.S. Softwood Lumber Tariffs
USW Demands Federal Action to Stop New U.S. Softwood Lumber Tariffs

As Members of Parliament prepare for another debate in the House of Commons to discuss growing softwood lumber tariffs, the United Steelworkers union (USW) is calling on the federal government to move from empty talk to tangible action to support the workers whose jobs and ability to support their families are at risk.

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Perspectives

IIOT and Energy
IIOT and Energy

In a recent article from Yahoo Finance, Veritiv's CEO, Sal Abbate, stated that "businesses across industries are feeling the pinch from supply chain bottlenecks and labor shortages."

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Industry News

DS Smith Achieves Maximum Scores Across Several Categories in the S&P Global Corporate Sustainability Assessment (CSA)
DS Smith Achieves Maximum Scores Across Several Categories in the S&P Global Corporate Sustainability Assessment (CSA)

Packaging leader climbs 16 points the global ESG (Environmental, Social, and Governance) assessment.

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ILWU launches union campaign at NORPAC paper mill in Longview
ILWU launches union campaign at NORPAC paper mill in Longview

International Longshore and Warehouse Union Local 21 filed a petition asking the National Labor Relations Board to hold an election for about 160 papermakers at the mill.

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Sonoco-Alcore to Hike Tube & Core Prices in the EMEA Region
Sonoco-Alcore to Hike Tube & Core Prices in the EMEA Region

Sonoco-Alcore S.a.r.l. announced that due to continued inflationary pressure on the business, it will raise prices by 10 percent on all tube and core grades sold in the Company's EMEA regions.

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Leading Stories

H.I.G. Capital Announces the Sale of Sustana
H.I.G. Capital Announces the Sale of Sustana

Sustana is a leading manufacturer of specialty recycled fiber and sustainable packaging and paper products.

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Paper Excellence Catalyst paper mill in Powell River shutting down indefinitely
Paper Excellence Catalyst paper mill in Powell River shutting down indefinitely

Paper Excellence earlier announced a temporary curtailment of the Catalyst mill in Powell River, due in part to the additional supply chain interruptions caused by recent flooding, which followed a more long-term supply chain disruption caused by a global pandemic. But in a news release, Paper Excellence says it is shutting the paper mill down indefinitely, and will explore other uses for the land and facilities.

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R.R. Donnelley Board Says Chatham's Unsolicited Proposal Is 'Superior'
R.R. Donnelley Board Says Chatham's Unsolicited Proposal Is 'Superior'

Chatham Asset Management on Monday raised its offer for RR Donnelley & Sons Co to $10.25 per share, hours after the printing company reaffirmed that it was sticking to a merger with investment firm Atlas Holdings.

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Supplier News

ANDRITZ receives repeat order to supply key process equipment for Klabin's Ortigueira pulp mill in Brazil

Start-up is scheduled for the second quarter of 2023.

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