Industry News

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Stora Enso on Tuesday said higher costs would be likely to squeeze its margins in 2023 after the Finnish forestry group produced its strongest annual results in more than 20 years, although profit declined in the fourth quarter.

J.D. Irving, Limited will see property assessment increases for each of its New Brunswick pulp and paper mills in 2023, following increases in both 2022 and 2021. In 2023, approximately $4.9 million in provincial and municipal property taxes will be paid on pulp and paper mills located within Saint John alone, an increase of 19 per cent in three years.

Sofidel, one of the world's leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, has again this year received Platinum recognition from EcoVadis for its approach to sustainability and therefore confirming its place among the top 1% of companies in its sector worldwide.

If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!

Wood product manufacturers throughout the British Columbia province, Canada, will benefit from a new program to provide dedicated access to timber and accelerate the growth of value-added manufacturing, supporting innovation and creating jobs.

Ahlstrom has led the marketplace in the movement towards more sustainable solutions for fiber-based food packaging, and its new generation of FluoroFree® technology is achieving grease-resistance in the most challenging food packaging applications.

Sealed Air has been awarded an A or A- for its work to reduce greenhouse gas emissions for the last nine years consecutively and has previously been recognized by CDP as a Supplier Engagement Leader.

Ultrahide is a high-performance, Forest Stewardship Council® Certified, 100 percent opaque blockout poster stock ideal for indoor retail, hospitality and event signage.

The partnership to protect the Incomappleux Valley east of Revelstoke, B.C., involves Interfor Corp. giving up 75,000 hectares of its forest tenure.

Cascades is proud to announce the launch of a new closed basket made of recycled and recyclable corrugated cardboard for the produce sector. An alternative to food packaging that is difficult to recycle, this new product is the latest addition to Cascades' line of eco-friendly packaging.

Employees at International Paper's Prattville and Riverdale (Selma), Ala. Containerboard Mills were hit hard, and are now working to support one another as they rebuild their community.

Rayonier Advanced Materials Inc. announced that its wholly owned subsidiary, Rayonier A.M. Products Inc., has decided not to pursue at this time its opportunistic private offering of $325 million aggregate principal amount of senior secured notes due 2028 (the "Notes") as current terms and conditions were not sufficiently attractive for the Company.

Rayonier announced that Mark McHugh has been appointed to the position of President and Chief Financial Officer, effective January 20, 2023. In addition to his current duties as CFO, Mr. McHugh will take on a greater role in leading our strategic planning efforts as well as participating in broader operational and personnel decision-making.

Sofidel, a leading global provider of paper for hygienic and domestic use, awarded Sam Pusateri, senior processing engineer at Sofidel's Circleville, Ohio plant, with an all-inclusive trip to Italy.

Company is divesting itself of some northern Ontario mills ahead of its purchase of Resolute.

The contest honors facility maintenance and cleaning professionals who go above and beyond to provide clean and safe facilities, while implementing sustainable cleaning practices. The grand prize winner will receive $4,000 cash and $500 worth of paper products from Sofidel, and the two runners-up will receive $500 cash each.

Strong demand remains, the company says.

Enviva remains committed to conservatively managing its balance sheet and the Term Loan financing, excluding the impact of debt issuance costs, is leverage neutral to the Company.

The Notes will be guaranteed on a senior secured basis, jointly and severally, by RYAM and certain of RYAM's wholly owned restricted subsidiaries organized in the United States and Canada.

UFP Retail Solutions, a business segment of UFP Industries, Inc., will feature new and innovative products from two leading brands, Deckorators and UFP-Edge, at the NAHB International Builders' Show (IBS 2023) in Las Vegas from January 31 to February 2, 2023.

The Global 100 Most Sustainable Corporations in the World ranking is the result of a performance analysis of international corporations with more than $1 billion in revenues.

The Global 100 list represents the top 1% of companies in the world in terms of sustainability performance.

Smurfit Kappa has formally launched a new eCommerce store in the Dominican Republic. The new store created by Smurfit Kappa Todo Carton (todocartonsk.com.do), will act as an online retail packaging boutique, and serve the ever-growing packaging market in the Dominican Republic. This follows on from the success of its bricks-and-mortar shop in the country which has been operating for over 25 years.

Pixelle Specialty Solutions' Androscoggin Mill is expected to permanently close about April 30. The company made the announcement in September. Initially it was to close in the first quarter of 2023.