Recent Articles

UPM has signed an agreement to sell its Shotton newsprint mill site in North Wales, United Kingdom and all related assets to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş., the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding ("Eren").

BTG Pactual announced that a consortium led by its Timberland Investment Group (TIG), along with British Columbia Investment Management Corporation (BCI), one of Canada's largest institutional investors, and APG, one of the world's largest pension providers, has agreed to acquire Chilean timberland assets from Arauco for US$ 385.5 million.

Graphic Packaging Holding Company, a leading vertically-integrated provider of sustainable fiber-based consumer packaging solutions, and CVC Capital Partners Fund VI today announced a definitive agreement under which Graphic Packaging will acquire AR Packaging Group AB ("AR Packaging"), Europe's second largest producer of fiber-based consumer packaging, for approximately $1.45 billion in cash, subject to customary adjustments.

A federal bankruptcy judge gave final approval Thursday to the sale of the shuttered Ponderay Newsprint mill in Usk to Allrise Capital Inc.

Record U.S. Mill Consumption of Old Corrugated Containers and 65.7 Percent of Paper Consumed in the United States Was Recycled

As part of our continued support, Iconex wanted to provide an update on the Petition for the Imposition of Antidumping duties filed by Appvion Operations Inc. and Domtar Corporation. On May 6, the USITC published their preliminary findings in this case. The final position will not be determined until September or October of this year.

Valmet will supply two Valmet Advantage DCT tissue lines, including automation system and three tissue rewinders, to Zhejiang Jingxing Paper Joint Stock Co., Ltd. in China.

According to plant manager, Paul Nelson, an employee was offloading a rail car at around 6:30 a.m. when a corrosive chemical splashed on him. Nelson said the employee was wearing PPE and did undergo a chemical wash.

Based on the current number of shares outstanding, the special dividend will result in an aggregate distribution of approximately $130 million.

Suzano, a global reference in the production of bioproducts developed from the cultivation of eucalyptus, announces the construction of a new plant with annual production capacity of 2.3 million tons of eucalyptus pulp.

Gov. John Bel Edwards and Weyerhaeuser announced the company plans to make a two-phased capital investment in its Holden facility. The project would result in approximately $157 million invested over several years to upgrade equipment and modernize the sawmill. Phase one includes nearly $19 million to upgrade lumber kiln-drying capacity, while the second phase will include a major investment of approximately $138 million to completely modernize the facility.

PotlatchDeltic Corporation released its 2020 Environmental, Social, and Governance (ESG) Report. The Report highlights PotlatchDeltic's continued commitment to environmental stewardship, human capital management, supporting its communities, and towards creating sustainable value.

For decades I have been saying the pulp and paper industry is one of the most exciting sectors in the manufacturing world. It is full of surprises, never ceases to be entertaining and is continually offering new ways to succeed. Now an outfit called Allrise Capital has once again reinforced my beliefs in this thinking.

Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc., announced it successfully started up its OCC system on PM1 at the Tangshan Jiluan Paper Industry mill in Tangshan. The new line has a capacity of 900 tons per day.

Company executives, Gov. Tate Reeves and Grenada County officials announced the $12.9 million investment.

Sonoco announced an agreement to repurchase $150 million of its outstanding common shares in an accelerated share repurchase ("ASR") transaction with Wells Fargo Bank, N.A., using available cash on hand.

Governor Brian P. Kemp announced that Interfor, a forest products company and the largest lumber producer in the state, will invest $30 million in expanding their sawmill operations in Perry.

Several of Södra's bio-based products are being launched with a fossil-free value chain. They are produced without the use of fossil energy and constitute a new step in Södra's long-term efforts as part of the transition to a fossil-free society. The local energy company Kalmar Energi will be first to use the products.

The heat is on with Ahlstrom-Munksjö's range of custom-designed baking papers for best-in-class release, including DuraBake™, the first U.S. produced silicone high-density greaseproof products serving the North American market.

UPM Raflatac is pleased to announce that it is the first pressure-sensitive label materials manufacturer to have its factories in the United States certified to the ISO 22000:2018 Food Safety Management System standard.

Pregis, a leading global manufacturer of protective packaging, has developed a proven process to help companies reduce the cost of damages incurred during product fulfillment and improve packing efficiencies. This is in response to inhouse research which uncovered that replacing a product damaged during transit (or incorrectly shipped) can cost a business up to 17 times more than the original order.

With increased pressures on companies to use recyclable packaging, Smurfit Kappa Composites have devised a solution under their Better Planet Packaging initiative - the Smurfit Kappa Eco-Tube.

Arup Basu, President, Flexible Packaging, and a member of Huhtamaki Global Executive Team has decided to leave Huhtamaki. The process to find Arup's successor has been initiated.

Kadant Johnson LLC, a subsidiary of Kadant Inc. announced the promotion of Jim Maggard to director of sales for the paper, packaging, and tissue sector.

Canadian paper and packaging company Paper Excellence will buy U.S rival Domtar Corp in an all-cash deal valued at about $3 billion, the companies said on Tuesday.