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Cascades Inc. announced that it has entered into an agreement with its banking syndicate led by National Bank of Canada and Scotiabank as co-lead arrangers and joint book runners to extend and amend certain conditions of its existing $750 million revolving credit facility.
Atlas Holdings LLC announced today (2 July 2015) that the assets of its portfolio company Forest Resources, a leading North American manufacturer of industrial paper and packaging products, have been sold to PaperWorks Industries, Inc. and New-Indy Containerboard, LLC in two separate transactions.
The Bucksport paper mill is inching closer to demolition.
Both properties are located near existing Rayonier landholdings.
The contemplated transaction is estimated to be completed at the end of October 2015 at the latest.
A dryer fire is to blame for a fire at the Georgia-Pacific facility in Warm Springs, Georgia early Tuesday morning.
The mill employs 350 people, who will receive compensation and other support, the company said.
Pratt officially opened two new recycling facilities this week, including a 110,000 sq. ft. plant in Gary, Indiana. The other is a 38,000 sq. ft. site in Wichita, Kansas.
The Graphic Packaging International identity has now been rolled out across all former Benson Group assets.
A total of 22 firefighters were at the scene...
Nippon Paper Industries USA has purchased a new paper-pulping machine to expand the range of products manufactured at its Ediz Hook mill.
Authorities said the release of a substance into the air Wednesday night (10 June) at International Paper Mill in Bogalusa does not pose a threat to nearby businesses and residents.
BASF has signed a contract to sell its global paper hydrous kaolin business to Imerys.
Fire crews were called to Universal Forest Products in Prairie du Chien, Wisconsin just before 11 a.m. on Thursday morning for reports of a fire and an explosion.
Orient Paper, Inc. announced that it has begun commercial production of tissue paper products at its production facility in the Wei County Industrial Park in China's Hebei Province.
The lawyer representing 58 former Bucksport millworkers has asked a federal judge to consider recent layoffs at the Catalyst paper mill in Rumford as evidence the U.S. Department of Justice should have required more divestments from Verso Paper Corp. in the purchase of its larger competitor, NewPage.
Huhtamaki executives met on Monday in Helsinki with employee representatives from nine countries. The employees singled out India, Mexico and the United States as countries where organized labor had problems with Huhtamaki.
Amcor Flexibles Asia Pacific announced on 1 June 2015, that it has completed its acquisition of Zhongshan Tiancai Packaging Company, expanding Amcor's footprint in China to a total of ten manufacturing plants.
Borregaard and Rayonier Advanced Materials announced on 1 June 2015 that they have entered into a non-binding letter of intent regarding the establishment of a new lignin operation adjacent to Rayonier Advanced Materials' Fernandina Beach pulp mill in Florida.
Stora Enso and NXP Semiconductors announced that they have entered into joint development of intelligent packaging solutions. The development will focus on integrating RFID (Radio frequency identification) into packages for consumer engagement and supply chain purposes. The collaboration would also focus on brand protection and the development of tamper evidence applications.
Huhtamaki said the new molded fiber plates, made from 100 percent pre-consumer paper scraps, will be produced at its Waterville, Maine location.
Fire officials contained a small fire at Sonoco in Hartsville Saturday, officials say.
Catalyst Paper has announced an investment of nearly $16 million in the Rumford pulp and paper mill in Maine, U.S. This is a planned second quarter investment that includes the company's single largest maintenance expenditure in 2015.
Amcor has confirmed plans to relocate jobs from its Australian headquarters to Switzerland, while the company will continue to be listed on the ASX.
Purtell was also among the original investors in Sussex-based Quad -- one of the biggest employers in Wisconsin, where Quad employs nearly 7,000 -- and he took an active role in strategy as a board member from its 1971 inception until his board retirement in 2005.
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