Recent Articles

The scheduled delivery period will be during the Q2 2024.

The situation of Heinzel Group subsidiary Raubling Papier GmbH in Germany continues to be characterized by a persistently difficult market environment and challenging economic conditions.

Graphic Packaging has announced a collaboration with UK-based food producer Pilgrim's Food Masters (Pilgrim's) that has resulted in a range of PaperLite™ trays being placed on the shelves of a major UK food retailer for a range of cooked, sliced meats.

The two companies first joined forces when BOBST and its partners developed a high-barrier, paper-based, recycle-ready solution, which Huhtamaki validated by making it into a full customer ready solution on commercial scale equipment for the first time.

Honoring the 26th president, the library will utilize locally sourced and renewable materials, including mass timber.

The US and European pulp and paper industries are in the throes of two distinct and separate mergers (or takeovers, if you prefer). One is being driven from Europe, the other from the United States. Despite noble efforts from the respective executive suites some employees will be upset. This has happened in similar situations before.

Metsä Group has entered into an extensive cooperation with international technology group ANDRITZ to conduct a pre-study for the first possible commercial mill producing the Kuura textile fiber.

Rayonier Advanced Materials Inc. is pleased to announce the successful shipment of our first production of 2G bioethanol from our Tartas plant, following two years of rigorous research, development, construction, and planning.

Consolidated forest tenure comes under control of Lake Babine First Nation.

At the time of closing, the cash provided included the previously disclosed transaction amount of $538 million, an additional $38 million as a ticking fee to reimburse the seller for Greif's profits, standard adjustments for debt and cash, and the effect of foreign exchange rates.

Ahlstrom introduces a new dual-layer filter media technology, available globally, that represents a leap forward in filtration and is a perfect solution to comply with future market needs.

Essity continues its purpose to break barriers to well-being by joining the Unstereotype Alliance, a thought and action platform convened by UN Women, with the mission to eradicate harmful stereotypes in media and advertising content.

The Board of Directors of Sonoco increased its quarterly common stock dividend to $0.52 per share from the previous quarterly distribution of $0.51 per share. This new dividend will be paid on June 10, 2024, to shareholders of record as of May 10, 2024.

Södra's election committee now presents its proposal for the board and chairman. Magnus Hall is proposed to be re-elected as chairman of the board and Håkan Larsson is proposed to be elected as a new member of Södra's board.

Beate Flamm joined the Board of the containerboard and corrugated sheetboard manufacturer Progroup. She is responsible for the areas of human performance management (personnel), communications and marketing, and corporate social responsibility.

The transaction is expected to close in the second half of calendar 2024 and is subject to approval by Glatfelter shareholders and completion of customary closing conditions.

Scheduled to open later this spring, the new facility will significantly expand Greif's capacity in the bulk corrugated business and create opportunities in the South and Southwest regions of the United States, as well as Mexico.

Doug Wall, Vice President Global Sales, is pleased to announce that Paprima has secured two new strategic international orders for our industry-leading Reel-Jet™ S Water-Jet Turn-Up System.

Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions and print products and solutions, announced that it has acquired substantially all the assets of Ameripac, LLC, and Ameripac Pennsylvania, LLC ("AmeriPac") a leading provider of turnkey contract packaging and fulfillment services with annual revenues of approximately $60 million.

Expected to Achieve Significant Synergies of At Least $514 Million

If you read my last column, you heard about how a Chief Purchasing Officer of a global, Fortune 50 manufacturing company views categories of spend, risks, contracts, and global suppliers. I did not have enough space to cover all my questions and answers from the interview, so we will pick right up where we left off.

Two Rivers Lumber Co. LLC plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company's second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber, the Alabama Governor's Office reports.

The Paper Excellence mill in Howe Sound was the company's second B.C. facility in four months that has been penalized for contaminating the environment.

Rengo has integrated the Packaging Solution business of SunTox Co., Ltd. and Mitsui Chemicals Tohcello, Inc. in an absorption-type merger and acquired 51.0% of shares issued by the Integrated Company (new trading name: RM TOCHELLO CO., LTD.) on the same date, making it into a subsidiary.

On April 15, 2024, the Supreme Court announced that it has granted a leave to appeal for the minority shareholders. The Supreme Court will address the assessment of the redemption price of Ahlstrom Oyj's minority shares.