Recent Articles

Starkraft, a business unit of Heinzel Pöls, part of the Heinzel Group, announces the successful launch of its PM6 at the Steyrermühl paper mill in Austria, marking a significant milestone in its journey towards enhanced productivity and global expansion. With this strategic investment, Starkraft elevates its production capacity to a total of 350,000 tons of kraft paper per year.

Analysts from Jefferies are predicting a potential cash offer for IP in the range of $54-57 per share, a figure that aligns with previous investor expectations. However, IP's board may value the company significantly higher.

Mercer is spearheading the advancement of wood technology to redefine the North American construction landscape and is being recognized for its leadership and commitment to educating customers on the value of sustainably managed forests and promoting SFI certification in the supply chain.

Partnership to feature award-winning innovations, including Tork PeakServe Continuous Hand Towel System and Tork Vision Cleaning, helping arena reduce waste and increase efficiency.

LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced that it has been recognized for the third consecutive year as a winner of the Top Workplaces of Middle Tennessee Award by The Tennessean, the state's largest newspaper and a member of the USA Today Network.

Aligned with its ESG strategy, the report presents last year's progress on implementation of the 2030 Agenda.

This price action is necessary to offset increased input costs, the company insists.

Accelerates alternative fiber strategies with new ambition to be 100% Natural Forest Free across product portfolio beyond 2030.

Anu Pires joins Valmet from Paulig Group, where she has worked as SVP, Human Resources since 2018.

Mika Kekki assumes interim role leading UPM Communication Papers business area as of 1 August 2024.

Bill Garvey, Athens Paper Company in Nashville, Tennessee, was named by the Printing Industry Association of the South, Inc. (PIAS) as their 2024 Person of the Year. This honor was bestowed at a banquet held on June 4, 2024 during the PIAS Annual Convention at the Hilton SanDestin Beach Resort in Destin, Florida.

Kemira upgrades its outlook for 2024, particularly for operative EBITDA. Kemira's end-markets have continued to recover, and Kemira's strong performance in both segments has continued.

SMC Packaging Group operates across multiple locations in Missouri, Arkansas, and Oklahoma.

Sustana, an innovator of clean materials and the industry-leading producer of sustainable, recycled fiber-based products and services, announced the appointment of Nathan Jeppson as Chief Executive Officer, succeeding Fabian de Armas. Mr. Jeppson brings more than 20 years of leadership experience driving growth and innovation at premier manufacturing, industrials, and materials businesses, including global roles at Shell Chemical LP and Dow.

Cascades is pleased to announce the creation of a mural on one of its Kingsey Falls factories on the occasion of its 60th founding anniversary in 2024. The work will be created this summer by the artist Nicolas Lareau, a muralist from Sherbrooke.

Sonoco-Alcore S.a.r.l. announced today that due to continued inflationary pressure on the business, it will raise prices by 7% on all tube and core grades sold in the company's EMEA regions. The increase is in direct response to the continued escalation of its cost base and will be effective for all shipments made on or after 15th June, 2024.

In 1905 the largest diamond at the time, the Cullinan Diamond, was shipped from South Africa to England as a gift to King Edward VII. The diamond was escorted to England with great security, starting with a grand procession onto a steamboat that took it on the long voyage. Armed guards ensured a safe passage across the high seas. Then once on land in England, the precious gemstone was brought to the palace. In reality however, the diamond wasn't actually on the steamboat. It was wrapped up in a plain box and shipped via postal service. The stone on the steamboat was a decoy, and the Cullinan Diamond arrived safely in England via the daily mail. Clearly, someone was very good at getting their (unorthodox) ideas across. And getting your ideas across is equally important in procurement as well.

These days it often takes a deep dive to understand honest and ethical, the first two attributes I mentioned last week. When it comes to honesty, you can't be selective. You are either honest or you are not--throughout all aspects of your life. Hence, purchasing managers, especially, need to be honest throughout all aspects of their life.

Ahlstrom, in its ongoing dedication to addressing the global need for clean air and water, has successfully completed a EUR 2 million investment for a new laminator at its Louveira plant in Brazil.

PaperWorks Industries Inc., formerly Boehmer Box, is thrilled to announce the celebration of its 150th Anniversary on Saturday, June 22, from 10 AM to 2 PM at 120 Trillium Drive. This milestone event will honour the company's rich history and significant impact on the Kitchener-Waterloo region.

Norske Skog will initiate a main study aiming to enter the bleached chemi-thermomechanical pulp (BCTMP) market by starting production at Norske Skog Saugbrugs in Halden, Norway.

Greif, Inc., a world leader in industrial packaging products and services, announced it is implementing a $50 to $70 per short ton increase for all grades of uncoated recycled paperboard (URB) products.

UFP Industries, Inc. has been named to the FORTUNE 500 list of the largest U.S. companies based on revenue for the third consecutive year.

The new collective labour agreements will have a two-year contract period and will enter into force immediately. The agreed wage increases in the collective agreements will take effect from 1 July 2024.

The prestigious list recognizes the 500 largest corporations in the United States by total revenue for the 2023 fiscal year. WestRock rose to the top of its industry in 2022 and maintained its position in 2023 with $20.3 billion in annual revenue.