Recent Articles

Amcor completed the sale of its 50% interest in Bericap North America (BCNA) for $122 million on December 27, with the proceeds used to reduce debt.

The investment totaled close to $34 million and funded new equipment to modernize the plant's operations.

UPM has been listed as the only forest and paper industry company in the Dow Jones Global and European Sustainability Indices (DJSI) for the years 2024-2025. The indices cover environmental, social and governance aspects of responsibility.

Valmet has received the International Sustainability and Carbon Certification (ISCC) PLUS for its paper machine clothing production unit in Tampere, Finland. With the certification, Valmet can introduce new bio-based raw materials in its fabrics used in pulp, board, paper, and tissue production.

Province approves first phase of $550M development.

The Paper Packaging Company, founded by Nigerian engineer and entrepreneur Chidi Oguegbu, will extend its eco-conscious operations to the United States in early March. The expansion coincides with the organization's tenth anniversary, underscoring a record of providing paper-based packaging alternatives to reduce single-use plastics.

Stora Enso violated the collective labour agreement when it dismissed employees in 2021, according to Finland's Labour Court.

APRIL Group recently won the 2024 Upakarti Award through its operating arm Riau Andalan Pulp and Paper (RAPP). The award recognises the company's contribution to empowering local small and medium enterprises (SMEs) around its operations in Pangkalan Kerinci, Riau..

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.

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>

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

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.

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.

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.

2025 Officers and Full Board of Directors Announced

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).

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.

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.

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.

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.

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

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.

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

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.