Unifor members at the now-shuttered Northern Pulp mill in Pictou, Nova Scotia, will see their pension fund made whole and fully wound up as the company's woodland assets secures a buyer at auction for $235 million.
UPM has signed a new EUR 1 250 million syndicated multi-currency revolving credit facility agreement. The committed facility has a maturity of five years with two one-year extension options subject to lenders' approval.
Boise Cascade Company announced that it has completed the previously announced acquisition of Humphrey Company, Inc., a two-step distributor of building materials located in Chicopee, Massachusetts.
The planned shutdown of Crofton's pulp and paper mill was scheduled to take place Dec. 15, but Domtar's senior director of public affairs said the change will benefit employees and suppliers.
Lennart Eberleh, CEO of pulp producer Rottneros, has resigned to take up another position outside the company. He will leave his position during the first half of 2026, according to a press release.
Stora Enso continues to be late with its invoice payments to subcontractors, and to a greater extent than when Dagens industri made its revelation last fall.
All 144 employees who were temporarily laid off in early November are expected to return by Wednesday, representing about one-third of the mill's workforce.
ANDRITZ, which supplied the technology and developed the new biological sludge drying plant for Eldorado Brasil Celulose's pulp mill in Três Lagoas, Brazil, celebrated the plant's successful start of operations.
