Industry News

Port Townsend Paper Corporation has been sold to a newly created holding company, Crown Paper Group, that has also purchased PTPC's sister mill, Crown Packaging, which has mills in Canada, for an undisclosed amount.

UPM announced this week that it has significantly reduced work-related accidents with a three year program called "Step Change in Safety 2012-2014".

Courier Corp. has agreed to be acquired by R.R. Donnelley & Sons Co. for $261 million, vacating a merger deal struck with Quad/Graphics Inc. several weeks earlier.

Cascades Inc. announced on 4 February 2015 that is has completed the transaction announced on 11 December 2014: the sale of its North American boxboard manufacturing and converting assets to Graphic Packaging Holding Company.

Production is scheduled to begin in the second quarter of 2016. The estimated yearly capacity of the production line will be around 100,000 cubic meters.

With this new machine, the plant is tripling its recycled paper production, hiking capacity from 50,000 tons per year to 160,00 tons per year.

The Palatka mill operates two kraft paper machines, three paper machines manufacturing paper for bath tissue and paper towels, and a number of converting operations producing finished paper products ready for customers. The Palatka mill began operation in 1947.

A worker has died following a fall Friday morning while working at an International Paper mill.

Less than two weeks after announcing it had agreed to be acquired by Quad/Graphics Inc. in a $260 million transaction, Courier Corp. said it has received a competing bid that is "reasonably likely to result in a 'superior proposal'" and has entered discussions with the company.

Early on Monday morning, January 26, two packaging giants announced that they will meld into one and create the second-largest packaging company in the world. Rock-Tenn Co. will acquire MeadWestvaco Corp. in a cash and stock deal valued at US $9.2 billion. When the dust has settled, MeadWestvaco shareholders will hold 50.1% of the new company and Rock-Tenn shareholders will own the remaining 49.9%. This transaction will be the largest in the paper industry since Koch Industries bought Georgia-Pacific in 2005 for about $12.6 billion. The new company, which will be named later, with be second in size only to International Paper, world packaging leader.

A worker was trapped in the cab of a logging machine and seriously injured when the piece of equipment fell over Monday.

Weyerhaeuser will reportedly pay a $37,500 civil fine after its pulp mill in Columbus, Mississippi exceeded emissions limits during a 2013 test.

Metso announced on Thursday it has agreed to sell its process automation business to Valmet in a deal valuing the division at 340 million euros

The new stand-alone company was launched as an independent supplier of industrial maintenance services under the name "Quant" as of 1 January 2015

Glatfelter has appointed Christopher W. Astley as Senior Vice President & Business Unit President, Advanced Airlaid Materials, effective immediately. In this new role, he will have overall P&L responsibility, and will lead the development as well as implementation of strategic and tactical plans for the business.

Weyerhaeuser Co. will cut production and jobs at its Longview pulp and paper mill because the West Coast labor dispute is making it difficult to ship its products, the company confirmed Wednesday

With the completion of the NewPage acquisition, Verso will have approximately $3.5 billion in annual sales and approximately 5,800 employees in eight mills across six states

Verso Paper Corp. announced that it has reached a settlement with the United States Department of Justice that will permit Verso to proceed with its acquisition of NewPage Holdings Inc.

"Carbon neutral" is a phrase being heard often around the pulp and paper industry these days, as mills everywhere try to keep up with the latest emissions standards

Executive offices will relocate to its Chestnut Run Plaza campus from downtown Wilmington, Delaware, effective 1 July the company said today in a statement

The Kauttua plant manufactures base paper for masking tape

Solenis LLC announced that it has signed an agreement to acquire Clearwater Specialties LLC, a privately-held specialty chemical company dedicated to the tissue and towel market

BASF and Omya announced this week that are working jointly on coater-ready barrier solutions for paper and cardboard packaging

Cascades Inc. has announced that it has reached an agreement for the sale of its North American boxboard manufacturing and converting assets to Graphic Packaging Holding Company for $44.9 million

Metsä Board Corporation, part of Metsä Group, announced that it is introducing the final steps of transformation to a paperboard company and will invest approximately EUR 170 million in a new folding boxboard machine at its Husum mill in Sweden