Recent Articles

Södra's Frontwood® has been chosen for parts of the interior design in Construction City to create a unique and harmonious impression. The ongoing construction of Construction City, a 100,000 square meter office building, are expected to be completed by 2025.

Valmet estimates that net sales in 2024 will remain at the previous year's level in comparison with 2023 (EUR 5,532 million) and Comparable EBITA in 2024 will increase in comparison with 2023 (EUR 619 million).

There were 55,571 wildfires in 2023 across the US, according to the National Centers for Environmental Information. On May 20, 2024, a memo was sent from the US Secretary of the Interior to several agencies with a 2024 direction to wildland fire leadership.

WestRock Company, a leading provider of sustainable fiber-based paper and packaging solutions, announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group plc ("Smurfit Kappa") and WestRock (the "Combination") at WestRock's Special Meeting of Stockholders held earlier today (June 13).

Forty years ago, I was up to my eyeballs in a major rebuild of the paper machine where I worked. One day, a couple of months before the actual commencement of the shutdown for the rebuild, I got a call in my office. It was a truck driver that was in the administration building. He had walked there from where he left his truck, about two miles down the road (no cell phones in those days). I went out to see what I could do for him. He took me to his truck. It was barely off the two-lane highway. One set of the trailer's rear axle tires were gone, and the wheel hubs were worn down to the axle. We are talking about two axles.

The cause is under investigation by the fire marshal's office.

Metsä Group and the technology company Andritz will investigate the possibility of building a carbon capture facility in connection with the bioproduct mill. The work focuses on the capture of 4 million tonnes of carbon dioxide from a mill the size of the Kemi bioproduct mill. The Kemi mill is the largest wood-processing mill in the northern hemisphere.

The video campaign showcases Sappi's dedication to responsible forestry management using recyclable wood fiber.

In today's retail landscape, gift cards are a popular staple of modern shopping experiences for busy consumers. However, this convenience comes at a considerable environmental cost. According to the International Card Manufacturers Association (ICMA), nearly 30 billion plastic cards are produced globally each year.

Conifex Timber Inc. announced that it has completed a $25 million secured term loan with PenderFund Capital Management Ltd. ("Pender"), an independent investment firm located in Vancouver, British Columbia, Canada. A portion of the term loan was utilized to repay and retire Conifex's existing lumber segment credit facility with Wells Fargo Capital Finance Corporation Canada in the amount of approximately $11 million. The balance of the term loan will be available for working capital and general corporate purposes.

The project is scheduled to be completed by the end of 2024.

Under the terms of the agreement, Suzano will acquire a 15 percent stake in Lenzing from B&C and the two shareholders will form a long-term syndicate which will hold the majority stake (52.25 percent) in the company. Subject to the closing of the transaction, B&C will hold a 37.25 percent stake in Lenzing and keep the role as controlling member of the new syndicate, with Suzano holding the minority stake of 15 percent. The price per share will be EUR 39.70, with a total acquisition purchase price of EUR 230 million to be fully paid at closing.

The recent financing, which includes new capital investment and amendments to the Company's credit facilities, was completed in collaboration with the Company's existing lenders and has substantially bolstered the Company's cash liquidity position.

Mondi introduces ProVantage SmartKraft Brown and White, an innovative blend of fresh and recycled fibres, setting new standards in sustainability and performance.

According to GEF, the tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material contained in those products.

Tetra Pak announces the launch of the Tetra Pak® Industrial Protein Mixer, a groundbreaking new product designed to reduce product loss in liquid protein mixing.

Georgia-Pacific is relaunching its ARIA® brand of bath tissue as a three-ply premium product made from 100% recycled fiber and wrapped in recyclable paper packaging.

Smurfit Kappa, Europe's largest paper packaging producer has invested over €30 million across two projects in Spain to further reduce CO2 emissions.

While the American Forest & Paper Association (AF&PA) supports efforts to improve recycling, the legislation lacked provisions to ensure it would not negatively impact highly recycled materials like paper and paper-based packaging.

Metsä Board, the leading European producer of premium fresh fibre paperboards, has once again, achieved the highest Platinum level in EcoVadis' sustainability assessment with a record score. The company has achieved the highest level rating every year since 2017.

On Tuesday, June 5, KBX Logistics/Georgia-Pacific surprised the Paper Transport (PTI) team with the prestigious 2023 CPG Dedicated Carrier of the Year award. Receiving the award for the 10th time in company history reflects the consistent capacity and superior service of PTI.

Valmet has secured a contract to provide a 50 MW pellet-fired heating plant to Göteborg Energi AB, which will be located at Mölndal Energi's Riskulla site in Mölndal, Sweden. The plant, set to start operations in late 2026, will enhance the renewable energy capacity in the region​​.

Solenis, a leading global producer of specialty chemicals, announced it has acquired Aqua ChemPacs, LLC, on June 10, 2024.

Runtech delivers a ropeless tail threading systems to Munksjo Caieiras Ltda, Brazil. The delivery includes Runshooter technology with detailed engineering and startup support. With the upgrade Caieiras targets more fluent and faster tail threading and improved operator safety.

Sappi say the company's most recent three-year contract offer included wage increases, retirement plan improvements and a signing bonus but said a majority of the 150 union workers represented by the National Conference of Firemen and Oilers Union turned down the company's offer and have voted to authorize a potential strike.