Recent Articles

New board members strengthen Board's expertise and diversity

Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia, employing around 1,100 people.

Valmet has on March 1, 2022 acquired North American-based Coldwater Seals, Inc., a global provider of consumables and services to the pulp and paper industry. Coldwater operates manufacturing facilities in the United States and Sweden.

The Alberta provincial government announced a renewed joint forest management agreement (FMA) with West Fraser Mills Ltd. and Tolko Industries Ltd. for the next 20 years, in exchange for various responsibilities.

UPM has published a new Forest Action Programme, which will run until 2030. The global programme steers UPM's global wood sourcing operations and covers its own forests in Finland and the United States as well as its plantations in Uruguay.

Mondi PLC said it continues to monitor the war in Ukraine, and how any potential sanction against Russia could harm its business.

Millar Western Forest Products Ltd. has completed the sale of its wood products assets to Canfor Corporation. The transaction included lumber and specialty lumber mills in Whitecourt, Fox Creek and Acheson, Alberta, Canada, and associated woodlands operations and timber holdings.

Kalle Parviainen has been appointed CFO and a member of Metsä Wood management team as of March 1, 2022. Parviainen has earlier been responsible for controlling of Metsä Wood Sales and Supply Chain.

Kemira has decided to discontinue deliveries to Russia and Belarus starting March 1, 2022 until further notice due to the ongoing situation in the region.

Kemira is making a donation of EUR 50,000 to the Red Cross to help and support in the humanitarian crisis of Ukraine.

Chatham Asset Management, LLC, a leading private investment firm, and R.R. Donnelley & Sons Company announced that they have completed a transaction in which affiliates of Chatham have acquired RRD for $10.85 per share in cash.

LP Building Solutions (LP) announced that Jimmy Mason has been named Executive Vice President, General Manager of OSB effective February 28, 2022. Mason succeeds Jason Ringblom, who was recently appointed Executive Vice President, General Manager of Siding.

Teemu Salmi, CIO, Head of IT & Digitalisation and a member of the Group Leadership Team, has decided to leave his position at Stora Enso. After five years in the company, Teemu will assume the CEO position at Finnish cyber security company Nixu.

ANDRITZ has successfully started up a complete OCC line delivered on EPS (Engineering, Procurement, Supervision) basis to SCGP's subsidiary, United Pulp and Paper Co., Inc. (UPPC) for its mill in Bulacan, the Philippines.

If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!

Introducing a new line of revolutionary paper products made from responsibly sourced materials in plastic-free packaging

NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun.

Stora Enso announced that it has signed a letter of intent to divest the Kvarnsveden site in Sweden to Northvolt. Due to structural decline in demand for graphical paper, in April 2021 Stora Enso announced a plan to close its Kvarnsveden paper production site. Founded in 1900, Kvarnsveden produced pulp and paper for over 120 years until production ended in September 2021.

Canfor Corp. said Thursday it plans to sell its forestry and mill assets in Mackenzie for $70 million.

Kimberly-Clark Corporation, the pioneer of menstrual hygiene products, announced that it has completed its acquisition of a majority stake in Thinx, Inc., an industry disruptor and the leader in reusable period and incontinence underwear category. The company made an initial minority investment in Thinx in 2019.

The new meltblown line is expected to be online in mid-2024.

Mondi has temporarily shut its industrial bags plant that employs about 100 people in Lviv in the west of Ukraine due to Russia's invasion of the country, according to a spokesperson.

John Melia, Strategy Development & Innovation Director, Recycling Division, has been appointed as Chair of the Confederation of Paper Industry (CPI) Recovered Paper Council.

Upon completion of the transaction, RRD's shares will no longer trade on the New York Stock Exchange, and RRD will become a private company.

I don't think most mills realize how close we are to interacting with robots every day. The box plants are ahead of us on this. The new Super Plants require about two thirds the employment for the same level of productivity. They are all 110" corrugators and they have a heavy component of robotics. I am expecting to see a flurry of box plant upgrades between now and 2030. Super plants won't be super then--they will be the norm. Back in the papermill, a couple of ready for here and now human aids are available.