|
|
A new chip plant will be constructed and one of the two pulp lines will be modified
The transaction, which is expected to close in the first quarter, will reportedly add 290 employees and a range of printing, finishing and coating additives to Reinach, Switzerland-based Archroma, the companies said, without disclosing financial details.
SCA announced that it has once again been recognized as a leader in disclosing climate change data with quality and depth to its investors and to the global market place. The achievement was announced Wednesday on the CDP Climate Leadership Awards seminar in Stockholm.
The company said new pulp dryer will allow mill in Russia to produce more than 100,000 tonnes of FSC certified softwood market pulp per year
Metsä Group announced this week that it is preparing to build a next-generation bioproduct mill in Äänekoski, Finland. The company said that the next concrete step is to demolish the existing, decommissioned pulp mill to make room for the new bioproduct mill planned for the same site.
Södra announced this week that it has begun an expansion of the Södra pulp mill in Värö. The Board of Directors at Södra made a decision in February to invest SEK 4 billion ($559 million) in a massive expansion of the pulp mill in Värö, north of Varberg.
The Kauttua plant manufactures base paper for masking tape
The spin-off will form the new publicly traded company, Halyard Health, Inc. Kimberly-Clark also increased its 2014 share repurchase program to take into account expected proceeds as a result of the spin-off.
Stora Enso announced this week that it has signed an agreement to divest its Corenso business operations to the Finnish packaging materials company Powerflute Oyj. The enterprise value of the transaction is approximately Euro 90 million, and the expected all cash consideration approximately Euro 75 million.
The purchase price excluding working capital is $48.7 million (USD) and the completion of the transaction is expected at the end of the first quarter of 2015
When the sale closes, GLV will change its name to Ovivo Inc.
Unfavorable market conditions, in particular the continuing drop in demand for newsprint, were cited as the reason for the decision
Up to 13 workers were injured Sunday, 21 Sept 2014 when a fire broke out at the Bashundhara Paper Mill
Cascades announces that operations have resumed partially at the Greenpac and Niagara Falls containerboard mills following the fire that occurred in the exterior old corrugated containers (OCC) stock piles on Saturday
Crews battled blaze for hours; one firefighter injured
The proposed transaction is expected to close by early October
The company also announced the retirement of John V. Faraci, who has served as CEO and chairman of the board of directors since November 2003
The Montes del Plata pulp mill's annual capacity is 1.3 million tonnes of bleached Eucalyptus kraft pulp and Stora Enso's part, 650,000 metric tons, is to be sold entirely as market pulp
The Multiwall Packaging Division, founded in 1950 as a division of Greif, produces large format multiwall paper bags used primarily in industrial applications of agricultural and food grade products
Announcement made as part of Forest Conservation Policy 18 month update
The restart of a competitor's mill at the end of 2012, the high cost of fiber, as well as higher transportation and fuel costs, have affected the mill's competitiveness, the company said
PM 1 at Mondi's Lohja specialty kraft paper mill in Finland will be idled
The investment targets increased capacity and improved quality of the output cartonboard and liquid packaging board
Contract worker found dead at the scene following fall at Rumford, Maine facility
ABB has divested five businesses with limited synergies in the past 11 months raising about $1 billion
|
|
|
|
