Recent Articles

Cascades is pleased to announce that its 60th anniversary mural project at its Kingsey Falls plant is now complete. The work was conceived and painted by Sherbrooke muralist Nicolas Lareau.

Brazilian digital agriculture Software as a Service (SaaS) business BemAgro raises US$2.6 million (R$15 million) in latest funding round led by CNH, with Suzano Ventures and ATVOS joining as strategic investors.

The latest Progroup corrugated sheetfeeder plant in Petersberg has been in routine production since the beginning of August. The Landau-based family company is extending its leading market position with its ultra-modern production site close to Pirmasens which will also create a combined total of 60 new jobs and training positions.

'We're not asking them to give the mill away," Unifor Local 233 president said, 'but to sell it for its market value and get out of town'.

With the layoffs of almost 200 workers at the McKinley Paper mill looming in two weeks, the union representing them is still attempting to negotiate a softer landing for their members and get some clarity on when the mill might reopen.

Johanna Lindén will assume the role of CFO at the wood industry company Setra on 16 September. She has extensive experience in the wood industry and most recently held the position of CFO, Strategy and IT Manager at Södra Wood.

Metsä Group's pulp and sawmill business has once again achieved EcoVadis's highest level of recognition, the Platinum rating, for its sustainability efforts. Since 2019, Metsä Fibre has consistently been among the top one percent of pulp, paper, and cardboard manufacturers evaluated by EcoVadis. The company received particularly high marks (90 out of 100 points) for its responsible sourcing practices.

Lenzing receives highest CSR rating from EcoVadis for the fourth time in a row.

The U.S. Department of Commerce announced the final determination of a combined anti-subsidy and anti-dumping duty rate of 14.54% in the fifth annual review of unfairly traded Canadian softwood lumber imports into the United States.

ANDRITZ has provided key equipment for a new hardwood Neutral Sulfite Semi-Chemical (NSSC) production line and for a woodyard upgrade to packaging and paper producer Mondi at its containerboard mill in Kuopio, Finland.

Net loss was USD 0.077747 million compared to USD 1.25 million a year ago. Basic loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.008 compared to USD 0.12 a year ago.

Program enhancements include increased scholarship amounts and expanded enrollment capacity.

Sofidel, a global leading manufacturer of paper for hygienic and domestic use, is partnering with the Pennsylvania, New Jersey and Delaware Chapter of the Italian Scientists & Scholars in North America Foundation (ISSNAF) to launch the 2024 ISSNAF-PND/Sofidel AI Innovation in Marketing Award. The winner will receive a $3,000 grand prize.

Sustainable consumer packaging company Graphic Packaging has entered into a virtual power purchase agreement with Zelestra, marking a significant step in its sustainability journey.

While the precise intentions for the acquisition remain undisclosed, Green Bay Packaging's history of developing large plants throughout the country -- including a new 600,000-square-foot facility in Fort Worth and a 370,000-square-foot facility in Ohio -- indicates a pattern of strategic expansion, and it recently announced an expansion of its Great Lakes Packaging Division in Wisconsin with 270,000 square feet of manufacturing space.

The new equipment is estimated to be taken into operation by the end of 2026.

Procemex, a new Andritz Group member has received an order from the Swedish paper mill SCA Obbola to supply OnePlatform Web Monitoring & Inspection System for their PM2, the world's largest high quality kraftliner machine.

Interfor Corporation recorded a net loss in Q2 2024 of $75.8 million, or $1.47 per share, compared to a net loss of $72.9 million, or $1.42 per share in Q1 2024 and a net loss of $14.1 million, or $0.27 per share in Q2 2023.

Mercer International Inc., a prominent player in the pulp and lumber industry, reported mixed results for the second quarter of 2024. The company's EBITDA saw a significant decrease to $30 million from $64 million in the previous quarter, primarily due to planned maintenance at two of its mills.

Glatfelter Corporation incurred a second-quarter 2024 earnings per share (EPS) loss of 35 cents from continuing operations, narrower than a loss of 82 cents per share in the prior-year quarter.

DS Smith's Recyclability Evaluation Service (RES) has launched for businesses of all sizes.

Essity Southeast Regional Human Resources Manager Bryan Dyar said the warehouse was strategically built to collapse from within, crediting the design with controlling the fire in one area.

Wilson Lumber appoints Ryan McAnally as new Marketing and Communications Manager. McAnally's digital marketing background and experience with family-owned businesses will help drive engagement, success, and retention.

Port Hawkesbury Paper, involved in paper manufacturing in North America, announces the hiring of Eric Huard as the Director of Specialty Sales.

Spinnova Plc and Valmet have signed a Partnership Agreement. According to the agreement, Spinnova has appointed Valmet as the exclusive partner to supply process equipment to Spinnova's technology customers. The exclusivity is limited in time and scope and includes an exclusivity fee based on realized project deliveries. Spinnova does not expect this to have a material impact on its 2024 financials.