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West Fraser Timber has obtained from a syndicate of lenders an additional $150 million committed revolving credit facility. This committed facility has a term of two years and is made available on substantially the same terms and conditions as the company's existing syndicated revolving credit facility from certain lenders that are part of that syndicate. The facility can be used for general corporate purposes.
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Kimberly-Clark Corporation announced that it will host its 2020 annual meeting of stockholders virtually due to the public health impact of the coronavirus outbreak (COVID-19) and to protect the health and well-being of our employees, stockholders, and our community.
As the global outbreak of COVID-19 continues, we wanted to address how Hamburger Containerboard Gelsenkirchen is ensuring that the safety and health of our employees and their families.
As you are aware, we have been using manual processes for some of our activities following an incident on February 19, 2020 which affected our ability to utilize certain IT systems.
Ahlstrom-Munksjö increases capacity across its entire protective medical fabrics product portfolio to support the healthcare industry.
UPM Raflatac is taking a major step toward creating a circular economy by collaborating with SABIC, a global leader in the chemical industry, for the first polypropylene (PP) label film manufactured from post-consumer recycled (PCR) plastic on the market (on a mass balance basis).
Clearwater Paper Corporation announced the appointment of Michael (Mike) J. Murphy as senior vice president and chief financial officer, effective April 13, 2020, to oversee the company's finance and strategy functions. Mr. Murphy succeeds Robert (Bob) G. Hrivnak who will be leaving the company.
Södra Skog is introducing short-time working at its harbour operations in Mönsterås. Due to a reduction in demand in the UK and the Republic of Ireland during the ongoing pandemic, Södra Wood has introduced short-time working at its production facility in Mönsterås and the harbour operations are affected as a consequence of this.
In addition to health and safety measures designed to protect employees, the company will make product and cash donations of more than $8 million to help those most vulnerable.
Ahlstrom-Munksjö and Suominen have signed a multi-year commercial agreement that renews and strengthens the existing co-operation at Ahlstrom-Munksjö's Ställdalen plant in Sweden.
Cascades announces that as a precautionary measure, it will hold its next annual general meeting in virtual form on Thursday, June 25, at 11 a.m. local time.
R.R. Donnelley & Sons Company announced a series of actions to protect employees, meet client commitments, and preserve financial flexibility in response to the COVID-19 crisis.
Greif, Inc. has completed its previously announced divestiture of the Consumer Packaging Group business for $85 million in cash to Graphic Packaging Holding Company.
The rapid spread of COVID-19 across the world has exposed major gaps in the abilities of most countries to respond to a virulent new pathogen. This has inevitably led to an increase in the demand for healthcare goods in general and particularly protective medical products made of fabrics, medical devices, diagnostics and screening tools.
Given the uncertainty of the duration of the COVID-19 pandemic, Quad is withdrawing its full-year 2020 financial guidance issued on February 18, 2020.
Appvion Operations, Inc., a leading manufacturer of specialty, high value-added coating solutions and coated paper products, announces that it is now certified compliant with FDA cGMP regulations for the manufacture of food packaging.
The Molpus Woodlands Group, LLC, a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of two clients, successfully purchased approximately 66,946 acres of timberland in southeast Mississippi.
This comes in response to an initiative led by the Tristan and Bauer companies, which will ensure the final assembly of the components.
Top toilet paper manufacturer Kimberly-Clark has a message for all those Americans who didn't get a chance to score rolls during the mad dash for household goods as stay-at-home orders went into effect: Toilet paper is coming.
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.
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.
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.
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.
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.
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