Recent Articles

Conifex Timber Inc. announced that Jordan Neeser, its CFO, has resigned effective March 16, 2021 to pursue other opportunities.

Sustainability goals are tied to water consumption intensity, water reuse and recycling, and the reintroduction and reinforcement of water species into the ecosystem.

Much of the mismanagement of capital projects could be eliminated, from my experience, if companies adopted the discipline of quasi-public funding project monitoring. These are projects which are not financed through balance sheets but by issuance of tax-exempt or taxable project specific debt. In the last thirty years, I have had experience as the Technical Advisor on 22 such projects (in pulp, paper, energy, steel, medium density fiberboard and cement) with an installed capital base of billions. I have seen a few things.

Metsä Fibre and Tornio-based lifting services company Havator have signed a preliminary agreement on the lifting work to be carried out during the construction of the Kemi bioproduct mill in Finland.

Weston Forest, a leading distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, announced it has been acquired by the Watermill Group, a strategy-driven private investment firm.

Fibre Excellence, owned by Paper Excellence which is headquartered in British Columbia, has been charged with "emitting polluting substances", notably heavy metals and nitrogen oxide gas.

The mill's owners filed for Chapter 7 bankruptcy protection and closed in June. The 927-acre property, which consists of 29 buildings and storage facilities and is adjacent to the Pend Oreille Valley Railroad and Pend Oreille River, was listed for sale last month for $11.5 million.

GP reached an agreement today to sell the company's nonwovens business to Glatfelter, a leading global supplier of engineered materials, headquartered in Charlotte, North Carolina, for $175 million. The sale must still go through customary closing conditions and regulatory clearances from competition authorities.

The United Steelworkers (USW) said that the union is saddened by the news that former United Paperworkers International Union President Wayne E. Glenn passed away on January 3, 2021.

After being told to go home and not return to their jobs at the Ponderay Newsprint Company mill near Usk, north of Newport, in June, the 148 employees, from trainee to company president, have been taking different steps to safeguard their futures.

Avery Dennison announced that it has acquired the business of Ohio-based ACPO Ltd. for the purchase price of $87.6 million, subject to certain post-closing adjustments. ACPO is a leader in pressure-sensitive overlaminate products for the label and flexible packaging markets and has approximately 170 employees.

Amcor plc announced that Ms. Susan Carter has been appointed as a non-executive director and a member of the Board's audit committee with effect from January 1, 2021.

International Paper has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately €66 million.

No one was hurt after a fire erupted Monday morning, Jan. 4, 2021, in one of the paper machines at Paper Excellence Canada in Port Alberni.

New owner pledges renamed White Mountain Paper will be 'a leader among North American tissue and towel producers' .

Metsä Board, part of Metsä Group, announced on 1 December 2020 that it had signed an agreement to sell a 30 percent stake in its Husum pulp mill in Sweden to the Swedish forest owners' cooperative (ekonomisk förening) Norra Skog.

Of the 103.5 million seedlings that were delivered, 63 million were pine seedlings, 33 million spruce seedlings, 7 million contorta pine seedlings and nearly 600,000 larch seedlings.

Ennis, Inc. announced that one of its wholly owned subsidiaries has entered into a Letter of Intent to acquire the assets and assume some liabilities of Infoseal LLC in Roanoke, Virginia. Infoseal provides pressure seal and tax forms products to independent print brokers and resellers.

One thing is for certain. People have adapted to several things during the pandemic, and online shopping has increased significantly. Online shopping will only increase.

Ralf W. Dieter was appointed CEO by the supervisory board of Homag Group AG, with effect from January 1, 2021. He will hold this position in addition to his function as CEO of Dürr AG.

Pro-Gest Group's founder Mr Bruno Zago announces that Mr Francesco Zago will be taking over the role of the Group CEO from 2021.

Atlas Engineered Products ("AEP") appoints Paul Andreola to its Board of Directors.

After nearly fifty-one years in the business, my anecdotal guess is that about half of capital projects are successful, meaning: on time, on budget and fulfilling the original scope. The rest suffer from a myriad of deficiencies.

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

UFP Industries, Inc. announced that UFP Industrial, LLC, closed on its agreement to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million.