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Showing 17 articles from December 3, 2024.

Industry News

Rayonier Announces New $300 Million Share Repurchase Authorization
Rayonier Announces New $300 Million Share Repurchase Authorization

The new authorization replaces and supersedes the Company's existing $100 million share repurchase authorization.

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RRD's ConnectOne Storefront℠ Designed to Drive Efficiency, Reduce Costs for Brands
RRD's ConnectOne Storefront℠ Designed to Drive Efficiency, Reduce Costs for Brands

Newly launched proprietary marketing and e-commerce platform is more accessible, automates workflows, and streamlines processes for a cost-efficient end-to-end solution.

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Södra is now on CLT Toolbox, launching the tool on the Nordic market
Södra is now on CLT Toolbox, launching the tool on the Nordic market

Södra is proud to announce that our cross-laminated timber (CLT) is now available on the innovative software platform, CLT Toolbox. This collaboration allows engineers and architects to easily design and optimize sustainable and efficient timber constructions using Södra's CLT.

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Sofidel receives the 2024 Transatlantic Award
Sofidel receives the 2024 Transatlantic Award

The American Chamber of Commerce in Italy has presented Sofidel with the 2024 Transatlantic Award. It is the third in the Group's history.

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Sun Chemical to Hike Prices for Its Global Pigments Portfolio
Sun Chemical to Hike Prices for Its Global Pigments Portfolio

Due to the rising costs of raw materials and production driven by inflation, along with ongoing efforts to comply with sustainability regulations, production expenses have significantly risen and necessitated the price increase.

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Sylvamo to Pay Down Debt With $60 Million Released From Escrow
Sylvamo to Pay Down Debt With $60 Million Released From Escrow

The company's lenders agreed to eliminate the escrow after a Brazilian court ruled in its favor. The ruling--covering two-thirds of the amount disputed in several proceedings--is subject to appeal.

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UPM Raflatac announces further progress towards Ellen MacArthur Foundation's New Plastics Economy Global Commitment
UPM Raflatac announces further progress towards Ellen MacArthur Foundation's New Plastics Economy Global Commitment

UPM Raflatac has made further progress towards a more circular economy for plastics and a future beyond fossils during 2023.

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VTT launches new origami packaging technology to create sustainable lightweight, durable, eye-catching alternatives to conventional materials
VTT launches new origami packaging technology to create sustainable lightweight, durable, eye-catching alternatives to conventional materials

VTT Technical Research Centre of Finland, in collaboration with Aalto University and Finnish industrial partners, has developed a new technology for shaping cardboard in a unique continuous process to create reel-to-reel origami-inspired structures for fibre-based packaging materials.

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Leading Stories

Ahlstrom expands its capabilities within specialty materials for life sciences with the acquisition of ErtelAlsop
Ahlstrom expands its capabilities within specialty materials for life sciences with the acquisition of ErtelAlsop

Ahlstrom, a global leader in fiber-based specialty materials, has acquired ErtelAlsop, a New York based manufacturer of high-performance liquid depth filter media serving end-markets in the pharmaceutical, food & beverage, flavors and fragrances, and chemical industries.

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Billerud to invest $127 million in Michigan facilities amid transition to paperboard production
Billerud to invest $127 million in Michigan facilities amid transition to paperboard production

Swedish pulp and paper company Billerud announced it's investing in upgrades worth 1.4 billion Swedish kronor, about $127 million, at its U.S.-based production facilities. The majority, worth about $109 million, will go toward its graphic paper mill in Escanaba, Michigan, where earlier this year the company canceled a project to convert the plant into a cartonboard production facility.

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Domtar issues statement: Commitment to Certification
Domtar issues statement: Commitment to Certification

Domtar is a separate company from APP with its own management structure and governance. Domtar and APP will remain distinct entities, with no operational overlap and independent governance structures.

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Irving Paper Again Reduces Operations Temporarily
Irving Paper Again Reduces Operations Temporarily

Irving Paper will once again shut down 50 per cent of its operations beginning Monday December 2nd in response to NB Power's record high industrial electricity rates, and remain down for at least a week.

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MPs call on owner of pulp and paper firm to testify on links to controversial company
MPs call on owner of pulp and paper firm to testify on links to controversial company

Industry minister also called to appear before natural resources committee.

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Tolko temporary closing several B.C. mills this December
Tolko temporary closing several B.C. mills this December

Communications Advisor for Tolko Chris Downey said this temporary downtime is due to high fibre costs, poor weather conditions during the harvesting season, and the weak North American lumber and plywood markets.

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Visy to install solar panels at Australian sites to slash energy use
Visy to install solar panels at Australian sites to slash energy use

Visy partnered with two solar energy companies on the initiative, which aligns with Visy's ongoing commitment to sustainability.

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Supplier News

The proposal of Valmet's Shareholders' Nomination Board for the composition and remuneration of the Board of Directors

Mikael Mäkinen, Chair of the Board of Directors, and Jaakko Eskola, Vice-Chair of the Board of Directors, have informed Valmet's Nomination Board that they will not be available in the election of the Board of Directors in the next Annual General Meeting.

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Valmet to deliver a SymBelt upgrade to Mercer Stendal in Germany

The delivery will take place during the mill's annual shutdown in the fourth quarter of 2025.

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