|
|
Greif, Inc. has completed its previously announced divestiture of the Consumer Packaging Group business for $85 million in cash to Graphic Packaging Holding Company.
We inform that Peter Oswald (57) takes over as new CEO and Chairman of the Management Board of Mayr-Melnhof Karton AG from Wilhelm Hörmanseder (66) for a period of five years already with the start of his mandate to the Management Board as of April 1, 2020.
Twin Rivers Paper Company reaffirms its focus on employee health and safety as its six mills operate to produce specialty papers used in critical food, hygiene, and medical applications.
Resolute officials are actively monitoring the coronavirus (COVID-19) situation and are being respectful of the public health and travel concerns shareholders have and the protocols that federal, state, provincial and local governments have imposed. Considering it is not possible to hold an in-person annual meeting, the company will hold a virtual meeting.
J.D. Irving, Limited announced that the company is donating $1 million to the Food Depot Alimentaire. The donation is to help offset the growing demand on New Brunswick's network of 60 food banks across the province due to the financial hardships caused by the Coronavirus (COVID-19) outbreak.
Kimberly-Clark's Huggies® brand announced that it will donate five million diapers to the National Diaper Bank Network (NDBN) to meet this growing need, and $1 million to United Way COVID-19 Community Response and Recovery Fund to support community social services.
Hygiene and health company Essity is strengthening its offering in incontinence products through the acquisition of the Dutch company Novioscan. The company develops a wearable ultrasound technology that monitors the bladder and enables continence control. The purchase price is approximately SEK 70m (EUR 6.5m) on a debt-free basis.
It is not yet clear what, if any, long-term implications may result from COVID-19's impacts around the world, but our firm contract backlog continues to increase.
The plastic-free eco-barrier paperboard, MetsäBoard Prime FBB EB, has recently achieved DIN CERTCO certificates in both industrial and home compostability.
The Swedish Government has decided to ban public gatherings and public events with more than 50 people as of March, 29. Since this decision is also the norm for other types of gatherings, Holmen's Board of Directors has decided to postpone the Annual General Meeting (AGM), which was planned to be held on March 30, 2020 in Stockholm, Sweden.
A Delaware judge has granted the DuPont Co.'s request to dismiss a lawsuit alleging that it massively downplayed the cost of environmental liabilities imposed on spinoff company Chemours.
Metsä Fibre, part of Metsä Group, has made the decision to build the world's most modern sawmill in Rauma. The value of the investment is approximately EUR 200 million.
The Board of Directors' previous assessment of a dividend of SEK 6.25 per share remains. The final assessment on the size of the dividend will, however, be taken at a later date when the effects of the current COVID-19 pandemic are better understood.
The company has received a sufficient number of shareholders' proxies and cancellations of attendance, allowing the meeting to be held in accordance with the regulations set by authorities following the coronavirus pandemic.
In October, Orora entered into a binding agreement with Nippon Paper Industries to sell its Australasian Fiber Business for $1.72 billion.
Weyerhaeuser Company announced the completion of the sale of its 630,000 acres of Montana timberlands to Southern Pine Plantations for approximately $145 million in cash.
Based on received proxies and voting instructions, UPM confirms that it has received a sufficient majority of votes to support the proposed resolutions on the agenda of the Annual General Meeting on 31 March 2020. Therefore, decisions on items on the meeting agenda can be made in accordance with the proposals if the meeting will be arranged.
In order to mitigate a potentially stronger than expected decline in earnings, Lenzing has already started to implement cost saving measures across its sites globally.
Rayonier Inc. announced with great sadness that Richard D. Kincaid, Chairman of the Rayonier Board of Directors, passed away unexpectedly on March 20, 2020. Mr. Kincaid had served on the Rayonier Board of Directors since 2004, and was appointed Chairman in June 2014 in connection with Rayonier's spin-off of its Performance Fibers business.
Branded as Natrellis™, the fiber bowl is dual-ovenable, PFAS-free, and provides an alternative to more traditional rigid plastic packages used by the majority of refrigerated and frozen food products on the market.
At Domtar, we are not just a fiber company. We are a company of fiber. This has never been more evident than during these past several weeks as we have navigated the unprecedented and unsteady path created by the worldwide COVID-19 pandemic.
So far, Norske Skog's business units operate as normal except for Golbey, which has ceased production at PM2 due to one confirmed case of coronavirus at the PM2 line requiring a 14 day quarantine for co-workers.
Cascades Inc. has provided an update regarding the evolving COVID-19 landscape.
Like many other forestry companies, Tolko Industries shared their response to COVID-19.
Toilet and tissue paper shortages in Japan amid the spread of the new coronavirus are expected to be resolved in about a week, industry leader Susumu Yajima said Monday.
|
|
|
|
