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On a mission to displace fossil fuels and accelerate a scalable, affordable, secure clean energy transition, Enviva's sustainably sourced wood biomass is set to decarbonize additional sectors like lime, steel, cement and sustainable aviation fuel.

Transaction Represents 55th Acquisition for Leading Distributor of Foodservice Packaging, Janitorial, Sanitation and Printing Paper Products

The Novolex Broad-based Employee Award Plan provides eligible employees with an opportunity to participate in the growth and success of Novolex, offering cash rewards to plan participants based on any increase in valuation of the company over time. The new benefits plan is funded by Stan Bikulege, Novolex Chairman and CEO, and the company's majority stakeholders, led by Apollo private equity funds.

Ahlstrom-Munksjö has started to operate under the business name Ahlstrom as of October 3, 2022. The company has completed the ownership reorganization of its Decor business and thus proceeded with its plan, announced in May 2022, to change its name to Ahlstrom. The divested Decor business continues as an independent company under the well-recognized Munksjö name.

Governor Laura Kelly joined officials from Pratt Industries as they opened their new state-of-the-art advanced manufacturing corrugated box plant in Park City. The plant represents a $200 million investment that will create high-paying, quality jobs in Sedgwick County over the next five years.

The company is investing $21 million to upgrade and restart the #24 paper machine (PM24) and plans to hire 52 full-time employees to operate and maintain it. Pixelle will also fill 50 temporary positions to support construction and engineering requirements related to the restart.

Southern Champion Tray (SCT), a leading manufacturer of paperboard packaging for the bakery and food service industry, will purchase substantially all the assets of Evergreen Packaging (Evergreen) based in La Mirada, CA effective October 3, 2022. Evergreen, founded in 2001, is a bakery, deli, food service, and wholesale packaging provider with a predominant market presence in California.

Talks between WestRock and its three unions have stalled. And the current agreement expires this week.