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Displaying Articles 1 - 25 of 5091
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Later this month: Two-day auction for former Ponderay Newsprint mill assets is coming up on July 22-23
Later this month: Two-day auction for former Ponderay Newsprint mill assets is coming up on July 22-23

A unique opportunity to acquire high-capacity paper manufacturing equipment and mill support assets is set to unfold as three leading industrial asset management firms--PPL Group, CRG, and Rabin Worldwide--join forces to conduct a public auction of the former Ponderay Newsprint Mill located in Usk, Washington. The auction will be held online and the two-day sale will be on July 22nd and July 23rd. Pre-Auction offers are encouraged.

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Metsä Tissue to cut 93 jobs at Kreuzau mill in Germany
Metsä Tissue to cut 93 jobs at Kreuzau mill in Germany

As a result of the negotiations, the total reduction of employees is 93 out of original estimation of 123 and made without compulsory redundancies.

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Nine Dragons Paper starts up new pulp mill in Hubei, China
Nine Dragons Paper starts up new pulp mill in Hubei, China

The new state-of-the-art mill includes world-leading process technology and production equipment.

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Packaging Corporation of America announces agreement to Purchase Greif Containerboard business for $1.8 billion
Packaging Corporation of America announces agreement to Purchase Greif Containerboard business for $1.8 billion

Packaging Corporation of America on July 1 announced that it has entered into a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash. The transaction is expected to close by the end of PCA's third quarter, subject to certain customary conditions and regulatory approvals.

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International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith
International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith

International Paper, a global leader in sustainable packaging, today announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments from its acquisition of DS Smith Plc.

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Western Forest Products Inc. Announces Fire Damages Columbia Vista Division Sawmill
Western Forest Products Inc. Announces Fire Damages Columbia Vista Division Sawmill

Western Forest Products Inc. announced that the sawmill at its Columbia Vista Division, located in Vancouver, Washington, sustained extensive damage in a fire, rendering the mill inoperable.

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Rayonier Completes Sale of New Zealand Business to The Rohatyn Group
Rayonier Completes Sale of New Zealand Business to The Rohatyn Group

Rayonier Inc. announced the completion of the previously announced sale of entities holding its 77% interest in the New Zealand joint venture to a special purpose vehicle owned by an investment fund managed by The Rohatyn Group ("TRG"), a global asset manager specializing in emerging markets and real assets, for a purchase price of $710 million.

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International Paper facility in Marion, Ohio closing, over 100 workers to be let go
International Paper facility in Marion, Ohio closing, over 100 workers to be let go

International Paper stated the facility will close on Sept. 1, 2025. As a result, 107 employees -- both salaried and hourly -- will lose their jobs.

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Domtar Powell River mill property sales agreement reached
Domtar Powell River mill property sales agreement reached

Domtar and Cranberry Business Park Ltd. come to terms over Catalyst Paper Tis'kwat mill site.

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International Paper unveils restructuring for North American operations
International Paper unveils restructuring for North American operations

Company to Exit Molded Fiber Business; Additional Facility Changes Planned

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Canfor to close two South Carolina sawmills, cut 290 jobs amid weak market
Canfor to close two South Carolina sawmills, cut 290 jobs amid weak market

Approximately 290 employees will be affected by the closures, which will also reduce Canfor's U.S. lumber production capacity by 350 million board feet annually.

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Two-day auction for former Ponderay Newsprint mill assets is coming up on July 22-23
Two-day auction for former Ponderay Newsprint mill assets is coming up on July 22-23

A unique opportunity to acquire high-capacity paper manufacturing equipment and mill support assets is set to unfold as three leading industrial asset management firms--PPL Group, CRG, and Rabin Worldwide--join forces to conduct a public auction of the former Ponderay Newsprint Mill located in Usk, Washington. The auction will be held online and the two-day sale will be on July 22nd and July 23rd. Pre-Auction offers are encouraged.

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Michigan AG settles lawsuit with Domtar over PFAS contamination in St. Clair County
Michigan AG settles lawsuit with Domtar over PFAS contamination in St. Clair County

The settlement requires Domtar to remove the PFAS-contaminated sludge from the site and dispose of it in a licensed landfill. Domtar will also be required to investigate the presence of PFAs in the sediment in surface water at the site, and pay $300,000 to the Michigan Department of Environment, Great Lakes, and Energy to help clear the site of PFAS.

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Logs from overturned truck collide with train in northern Ontario near Interfor site
Logs from overturned truck collide with train in northern Ontario near Interfor site

A northern Ontario forestry company says a train crossing Highway 560 collided Wednesday morning, June 25, with logs that were spilled by an overturned contractor's trailer.

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Smurfit Westrock employee shot, injured in El Paso, Texas; suspect shot by police
Smurfit Westrock employee shot, injured in El Paso, Texas; suspect shot by police

El Paso Police Department officers responded to a call of a man with a gun, and arrived to find that the manager at the facility --identified as 46-year-old Leonardo Martinez of El Paso -- had been shot and wounded, Gomez said.

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International Paper will handle sale of closed Georgetown, South Carolina mill internally, officials tell county leaders
International Paper will handle sale of closed Georgetown, South Carolina mill internally, officials tell county leaders

An official with International Paper told state and local leaders Monday that the company has decided to forego hiring a commercial broker and will instead handle the sale of its Georgetown mill internally.

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Nobody hurt in fire at Domtar facility in Rothschild, Wisconsin
Nobody hurt in fire at Domtar facility in Rothschild, Wisconsin

As crews worked to suppress and extinguish the fire, numerous hot spots were found. The fire was under control and the last units cleared the scene just after 3 a.m. on June 20.

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Södra introduces new technology for forest management plans
Södra introduces new technology for forest management plans

In collaboration with the AI company Terra Labs, Södra is now launching an initiative to ensure that members have continuous access to regularly updated insights about their forests. Broad knowledge of forest owners' needs is being combined with AI, automated data, and new working methods to provide members with the best possible decision-making support regarding their forest.

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Multiple fire departments respond to fire at sawmill in Alapaha, Georgia
Multiple fire departments respond to fire at sawmill in Alapaha, Georgia

Due to the dry weather and wind the fire was very intense.

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Research on carbon balance receives nearly SEK 9 Million from Södra's Research Foundation
Research on carbon balance receives nearly SEK 9 Million from Södra's Research Foundation

With the goal of strengthening the forest's role in climate transition, Södra's Research Foundation is investing SEK 8.75 million in seven research projects. The projects range from soil and growing forests to innovative solutions contributing to the green transition.

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RYAM and Verso Energy Sign New MoU to Advance e-SAF and CO₂ Utilization Project in Jesup, Georgia
RYAM and Verso Energy Sign New MoU to Advance e-SAF and CO₂ Utilization Project in Jesup, Georgia

Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, and Verso Energy announced the signing of a new Memorandum of Understanding (MoU) to deepen their strategic collaboration. The agreement represents a major step forward in evaluating the development of a breakthrough facility in Jesup, Georgia, to produce electro Sustainable Aviation Fuel (e-SAF) and valorize biogenic carbon dioxide from RYAM's manufacturing operations.

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Nordic Paper enters into long term financing agreement
Nordic Paper enters into long term financing agreement

Nordic Paper has entered into an agreement with a syndicate of financial institutions on a long term senior secured financing to Nordic Paper in the form of a Euro 275 million term loan B and a revolving credit facility of Euro 65 million.

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Ahlstrom Kaukauna paper mill recognized for energy efficiency excellence
Ahlstrom Kaukauna paper mill recognized for energy efficiency excellence

Ahlstrom's Thilmany facility, an over-100-year-old paper mill, received Focus on Energy's Energy Efficiency Excellence Award for 2025, with the program celebrating the plant's achievements over the last eight years.

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ST Group Acquires South Carolina Mill, Expands U.S. Tissue Production Footprint
ST Group Acquires South Carolina Mill, Expands U.S. Tissue Production Footprint

The acquisition, completed through the newly formed subsidiary, Barnwell Tissue Solutions, is ST's third tissue facility and brings the company's total annual production capacity to 220,000 tons. The expansion strengthens ST's position as a premier supplier of high-quality parent rolls for bathroom tissue, paper towels, and napkins across North America.

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Unite: Proposed closure of Derbyshire DS Smith facility, utterly wrong
Unite: Proposed closure of Derbyshire DS Smith facility, utterly wrong

Unite, the UK's leading union, has committed to oppose the threatened closure of a packaging factory in Derbyshire, as consultations have begun.

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Displaying Articles 1 - 25 of 5091
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