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Clearwater Paper Corporation has introduced NuVo® with BioPBS™, a sustainable cup stock that provides foodservice operators with a compostable alternative to hot cups coated with low-density polyethylene.
Ilim Group has signed two trilateral strategic partnership agreements with Shanghai High Hope Pulp and Paper, with the third parties to these agreements being Hengan Group and Mudanjiang Heng Feng Paper, which consume Ilim's pulp and paperboard to produce their own P&P products.
Sustana Fiber along with a group of prominent paper mills and end markets across North America signed a declaration of acceptance and a commitment to increasing recycling of paper cups.
IT Tech Packaging, Inc., a leading manufacturer and distributor of diversified paper products in North China, released a letter to shareholders from the Chairman of the Company's board of directors.
BillerudKorsnäs has been awarded the Climate Prize as part of the supplier engagement initiative "Join us in protecting the planet", driven by Tetra Pak. The company, which is one of BillerudKorsnäs' most important customers, launched this initiative last year to create a movement aimed to accelerate sustainability actions across its value chain.
Metsä Board, part of Metsä Group, purchases from Pohjolan Voima Oyj all the shares in Hämeenkyrön Voima Oy that it owns. Metsä Board has announced its plan to purchase the shares on 27 September 2021.
Company Positions Itself for Anticipated Exponential Growth of Sustainable Wood Energy Markets and Large-Scale Industrial Decarbonization.
Packaging Corporation of America (PCA) has been included in Forbes magazine's 2021 list of "World's Best Employers" -- one of only 24 U.S.-based manufacturing/engineering companies to make the list.
Sonoco Recycling, a unit of Sonoco, has acquired American Recycling of Western North Carolina, a privately owned recovered paper recycler located in Asheville, North Carolina.
Silver Surfers (age 55+) are a growing eCommerce consumer segment: nine out of ten shopped online in 2021; 49% bought more online than last year and 5% shopped online for the first time.
The purchase price amounts to USD 116m (approximately SEK 1.1bn) with a potential additional earnout amount of USD 15m (approximately SEK 137m) on a cash and debt free basis.
UFP Industries announced that its subsidiary, Deckorators, Inc., has acquired Ultra Aluminum Manufacturing Inc. (Ultra), a leading manufacturer of aluminum fencing, gates and railing, for $25 million. The transaction includes $2 million to be paid if certain future performance goals are met.
PotlatchDeltic Corporation announced a merger with Loutre Land and Timber Company ("Loutre"). PotlatchDeltic issued 1.96 million shares of common stock and assumed debt of $6.6 million in exchange for Loutre's 51,340 acres of high-quality, well-stocked timberlands in southern Arkansas and northern Louisiana.
Arauco has closed the acquisition of majority ownership in Odd Industries, the ethically-driven industrial artificial intelligence (IAI) pioneer. Together they will accelerate the use of artificial intelligence with the mission to slow and reverse climate change.
SCA will increase the price on NBSK pulp (Northern Bleached Softwood Kraft) in Europe by 40 USD per tonne from January 2022. The new price will be 1,300 USD.
UFP Industries announced that its affiliate, UFP Packaging, LLC, has acquired Advantage Label & Packaging, Inc. (Advantage Label), a provider of labels and related equipment used in industrial packaging, for approximately $16 million.
Graphic Packaging International ('Graphic Packaging') is celebrating its accomplishments after scooping up five awards at the WorldStar Global Packaging Awards 2022.
With SBTi approval, ambitious commitments put company on path to net-zero emissions and limiting global warming to 1.5°C.
Ranked on Forbes' Inaugural List of the World's Top Female-Friendly Companies.
Quad/Graphics, Inc. announced it has completed the sale of its former Oklahoma City, OK, and Fernley, NV, manufacturing facilities to affiliates of Industrial Realty Group, LLC, one of the country's largest owners of commercial and industrial properties, for combined net proceeds of $58.6 million.
Sustainable packaging company placed on CDP's Water Stewardship 'A List' and improves score across five priority ESG ratings.
Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, has released its 2020 Corporate Social Responsibility Report.
The purchase price for the acquisition is $1.35 billion in cash, subject to customary adjustments, including for working capital, cash and indebtedness.
As part of this sustainability partnership, Glatfelter and ALPLA are joining together to initially develop high-quality cellulose-based products, like screw caps, that are fully biobased and potentially ocean biodegradable. This unique collaboration will support BOC in its product development and shorten time to market even further.
The LP Foundation's philanthropic focus aligns closely with LP's vision, values and purpose of Building a Better World™. Donations are directed at nonprofits and public schools within the following categories: housing; environment; K-12 public education; and diversity, equity and inclusion.
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