Recent Articles

UPM Specialty Papers presents the latest innovative additions to its extensive selection of sustainable and recyclable packaging papers. UPM Confidio™ and UPM Confidio™ Pro combine moisture-, and grease resistance with excellent heat sealing properties. This makes the materials stand out in the market and offers a concrete competitive edge.

International Paper Co. said that it and the Internal Revenue Service agreed to settle a previously disclosed timber monetization restructuring tax matter.

DS Smith Plc announces that Adrian Marsh has informed the Company of his intention to retire from the Board and from his role as Group Finance Director once a successor is in place.

Munday has over 20 years of experience in financial consulting, investment banking, and transaction advisory.

Resolute Forest Products Inc. breaks ground on construction of new planer mill adjacent to Senneterre sawmill in Quebec, Canada. The planer, expected to be functional by the end of this year, will optimize fiber supply, enhance overall efficiency of the sawmill and reduce production costs for Abitibi regional operations.

Andritz has acquired J. Parpala Oy, a major player in the maintenance and repair of environmental equipment for industrial production and power generation plants in Finland. The company was founded in 2011 and operates sites in Kokkola and Kaskinen.

Valmet will supply pulp technology equipment for a new pulp stream of unbleached kraft pulp to Zellstoff Pöls AG, Austria. The company is a part of the Heinzel group. The delivery is planned for June 2023.

The transaction is part of Stora Enso's plan to divest four of its five remaining paper production sites as it shifts its focus to packaging.

New corporate headquarters will offer employees a high-performance workspace, inspire creativity and collaboration, and support growth ambition.

The terms and conditions of the Offer are described in the Company's offer to purchase dated September 12, 2022 (as may be amended or supplemented from time to time, the "Offer to Purchase").

Essity is being affected by additional cost increases. Prices for electricity and gas have risen sharply in Europe since July 2022. Costs for the company's raw materials have also risen significantly in the third quarter. Essity is therefore announcing new comprehensive price increases for all product categories and markets.

Action Wood Solutions, established to purchase the business assets of Action Wood Technologies, Inc. in Michigan, has entered into an asset purchase agreement with the owners of Action Wood Technologies, Inc. The closing of this transaction will be dependent on the Committee on Foreign Investment in the United States (CFIUS) accepting the transaction.

UPM Timber and Lassila & Tikanoja have established a new recycling concept, in which used plastic wrapping is picked up from the customers and recycled into new wrappings. The customers also receive a compensation for the recycling collaboration.

Company plans up to $50 million community restoration fund for impacted residents

The recent USPTO grant of a patent to WestRock expands the range and sustainable impact of the company's intellectual property ownership within the beverage packaging machinery category.

Fenske will have global responsibilities for procurement, manufacturing, logistics, transportation, safety, and sustainability, as well as the company's Global Nonwovens division.

Imerys has entered into exclusive negotiations with Syntagma Capital for the potential sale of most of its assets producing kaolin, ground calcium carbonate ("GCC"), precipitated calcium carbonate ("PCC") and talc, which primarily serve the paper markets for an enterprise value of €390 million including an earn out depending on the future performance of the business.

Around 6:30 a.m., the department was notified that a funnel disconnected spilling approximately 300 gallons of dry, combustible material. Crews said the funnel had been connected to a silo system that holds a product used to make glossy paper.

Ahlstrom-Munksjö, Metsä Fibre and 3M, with the help of Earthworm Foundation, continue their close collaboration in responsible wood sourcing. This year the partnership concentrates on the Kainuu region, Finland, where the different parties will conduct research on current forestry practices and future practices linked to Kemi Mill expansion in the area.

Jeff Yelle named Chief Information Officer; Jeff Sweet to oversee Engineering.

Don Lewis, President Professional Hygiene and member of Essity's Executive Management Team has decided to leave Essity.

Currently, there are four primary groups in the workforce: Baby Boomers, Gen X, Millennials and Gen Z. Millennials and Gen Z make up close to half the workforce, according to Deloitte. It is important to understand the generational difference of each in order to effectively manage.

Stora Enso Oyj said Thursday it has acquired Dutch corrugated packaging producer De Jong Packaging Group in a deal worth around 1.02 billion euros ($1.02 billion).

The company's Crofton mill employs about 585 full-time staff and previously faced a month-long curtailment in March 2020 due to a lack of wood amid a Western Forest Products strike.

Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has acquired 100% shares in Corrugated Case Holdings Limited, through Tri-Wall's wholly owned subsidiary.