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Recent Articles

Displaying 1101 - 1125 of 18354 articles

Huhtamaki facility in Fulton, New York escapes major damage after fire crews aggressively attack flames
Huhtamaki facility in Fulton, New York escapes major damage after fire crews aggressively attack flames

At about 6:30 a.m., Thursday, a worker at the packaging plant called 911 to report a fire inside the facility. An alarm inside Huhtamaki tripped less than a minute later, according to firefighters.

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Bidder controls nearly 83 percent in Nordic Paper - extends acceptance period one last time
Bidder controls nearly 83 percent in Nordic Paper - extends acceptance period one last time

Strategic Value Partners, through Coniferous Bidco, controls 82.84 percent of the capital and votes in the paper mill company Nordic Paper. This is announced in connection with the expiration of the extended acceptance period. The bidder is now giving shareholders another opportunity to accept the offer by extending the acceptance period one last time until January 8, according to a press release./span>

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International Paper Company closes Bradley County, Tennessee facility laying off 115 workers
International Paper Company closes Bradley County, Tennessee facility laying off 115 workers

The International Paper Company officially closed its location in Bradley County, following an October announcement that layoffs would begin the shutdown this month.

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Arctic Paper seeks new partner for battery energy storage project
Arctic Paper seeks new partner for battery energy storage project

Arctic Paper subsidiaries, Arctic Paper Grycksbo AB and Arctic Paper Munkedal AB, have terminated their agreements with S.E.R. Sverige AB regarding the installation and grid connection of battery energy storage systems, the company announced. Arctic Paper now plans to continue the project with a new partner.

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Lecta Secures FSSC 22000 Food Safety Certification for its Leitza Mill
Lecta Secures FSSC 22000 Food Safety Certification for its Leitza Mill

Lecta is pleased to announce that its Leitza mill in Spain has obtained FSSC 22000 food safety systems certification for its metallized papers for packaging applications in the food industry.

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Xerox to buy printer maker Lexmark from Chinese owners in $1.5 billion deal
Xerox to buy printer maker Lexmark from Chinese owners in $1.5 billion deal

Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age.

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USDA Appoints Paper and Packaging Board Members

2025 Officers and Full Board of Directors Announced

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Week of 30 December 2024: You are the HR Manager
Week of 30 December 2024: You are the HR Manager

The best are like the one I talked about a few weeks ago. The worst are ones who participate in workplace gossip. The second worse ones seek recognition for themselves or their department. I think the most important attribute is to understand people and particularly to be able to tell when people are telling you the truth (or not).

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Suzano says no formal or informal agreement with Clearwater Paper
Suzano says no formal or informal agreement with Clearwater Paper

Suzano clarifies that no agreements have been reached or documents signed regarding this potential acquisition, and there have been no significant fluctuations in its securities.

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Rayonier Announces Pore Space Agreement with Reliant Carbon Capture & Storage Covering Approximately 104,000 Acres
Rayonier Announces Pore Space Agreement with Reliant Carbon Capture & Storage Covering Approximately 104,000 Acres

Rayonier Inc. announced that it has entered into an underground pore space easement agreement with an affiliate of Reliant Carbon Capture & Storage covering approximately 104,000 acres in Alabama.

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Metsä: New lignin product makes concrete more flexible
Metsä: New lignin product makes concrete more flexible

Metsä Fibre is developing a new lignin product at its Äänekoski demo plant. The new lignin product, produced from lignin separated from the pulp process, can replace the fossil-based chemicals used in concrete production. The product is also being considered for other uses.

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US Paper and Packaging Board names new leadership for 2025

Serving three-year terms are Steve Henry of Domtar, Brandon Bennett of Georgia-Pacific, and Erin Raccah of Sylvamo. Anne Ayer of Sappi will serve a two-year term, while Richard Bennett of Suzano Packaging has been appointed for a one-year term.

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Mikael Palm appointed as new forestry market area manager at Ludvig & Co

Mikael, who most recently served as Head of Business and Operations Development at Stora Enso Skog, assumed his new role on December 9.

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Jaakko Nikkilä appointed President of Billerud Europe

Jaakko Nikkilä holds the position of Executive Vice President at UPM, heading the business area Specialty Paper with global sales of around EUR 1.5 billion, until year-end.

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Valmet to deliver a chipper feeding line upgrade to Unilin Panels in Belgium

The delivery will take place during the mill's annual shutdown in the third quarter of 2025.

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Rottneros refinances existing sustainability linked long-term facilities
Rottneros refinances existing sustainability linked long-term facilities

Rottneros has entered into a new loan agreement with Danske Bank and Svensk Exportkredit whereby the existing long-term facilities will be refinanced. The new facilities amount to a total of 550 MSEK divided into term loan facilities of 400 MSEK in total and a revolving credit facility of up to 150 MSEK.

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Suzano Explores Offer for Clearwater Paper
Suzano Explores Offer for Clearwater Paper

The company is working with an adviser as it seeks to reach an agreement, said the people, who asked not to be identified discussing confidential information. A deal hasn't been finalized and it's possible one won't be reached.

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Fire extinguished at Holmen Braviken paper mill - four people taken to hospital
Fire extinguished at Holmen Braviken paper mill - four people taken to hospital

Four people had to be taken to hospital by ambulance after inhaling smoke, and in total between 10-15 people suffered smoke damage.

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Metsäliitto Cooperative has signed a EUR 200 million sustainability-linked revolving credit facility agreement
Metsäliitto Cooperative has signed a EUR 200 million sustainability-linked revolving credit facility agreement

Metsäliitto Cooperative has signed a new EUR 200 million sustainability-linked revolving credit facility with a syndicate of eight banks. This new credit facility refinances the existing EUR 200 million facility signed in December 2018 and will be used for general corporate purposes. The facility has a tenor of five years and includes two one-year extension options.

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Smurfit Westrock Applies to Cease to be a Reporting Issuer in Certain Canadian Jurisdictions
Smurfit Westrock Applies to Cease to be a Reporting Issuer in Certain Canadian Jurisdictions

If the Order Sought is granted by the AMF, Smurfit Westrock will cease to be a reporting issuer in the Canadian Jurisdictions and, as a result, will no longer be subject to continuous disclosure requirements under Canadian securities legislation.

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EPA Comment Period for International Paper - Riegelwood Mill
EPA Comment Period for International Paper - Riegelwood Mill

The International Paper - Riegelwood Mill application has been reviewed by the DAQ, Air Quality Permitting Section in Raleigh, North Carolina to determine compliance with the requirements of the North Carolina Environmental Management Commission air pollution regulations.

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Week of 23 December 2024: They are going to fire you
Week of 23 December 2024: They are going to fire you

When I was a little boy and dad came home from work talking about firing someone, I took it literally and was alarmed. His further explanation to clarify the firing comment was not of help. "What do you mean, you canned them?" Being burned or put in a can did not seem to be very humane to an eight-year-old. When it comes to your career, though, such actions are equivalent to the literal.

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Sonoco selling thermoformed, flexible packaging business to Toppan for $1.8 billion
Sonoco selling thermoformed, flexible packaging business to Toppan for $1.8 billion

Sonoco Products Company, a global leader in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.

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International Paper officially closes Rockford, Illinois facility
International Paper officially closes Rockford, Illinois facility

The closing of the local International Paper facility affects at least 100 workers.

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Mayr-Melnhof Karton AG: MM to sell TANN Group
Mayr-Melnhof Karton AG: MM to sell TANN Group

Mayr-Melnhof Karton AG (MM) has agreed with Evergreen Hill Enterprise, Pte. Ltd., part of an Indonesian-based privately held group of diversified companies, on the sale of 100 % of the shares in TANN Group, headquartered in Traun, Austria, for a cash and debt-free enterprise value of EUR 360 million.

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Displaying 1101 - 1125 of 18354 articles

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