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Management Side
Displaying Articles 1 - 25 of 2589
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Glatfelter will acquire Jacob Holm
Glatfelter will acquire Jacob Holm

Glatfelter Corporation announced that it plans to acquire Jacob Holm, the leading manufacturer of spunlace nonwoven fabrics, for approximately $308 million.

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Former Appvion mill In Roaring Spring, Pennsylvania bought
Former Appvion mill In Roaring Spring, Pennsylvania bought

Group of investors hope paper mill can resume operations.

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Rayonier Sells Two Timber Funds to BTG Pactual's Timberland Investment Group
Rayonier Sells Two Timber Funds to BTG Pactual's Timberland Investment Group

Rayonier Inc. has sold the rights to manage two timber funds (Fund III and Fund IV) that were previously managed by its Olympic Resource Management (ORM) subsidiary, as well as its co-investment stake in both funds, to BTG Pactual's Timberland Investment Group (TIG) for an aggregate purchase price prior to closing costs of $35.9 million. The transaction will be reflected in third quarter financial results.

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Stora Enso's pilot plant for producing lignin-based carbon materials for batteries is now operational
Stora Enso's pilot plant for producing lignin-based carbon materials for batteries is now operational

Stora Enso's pilot facility for producing bio-based carbon materials from lignin has started operations. This follows the company's EUR 10 million investment announced in 2019. Pilot production of Lignode® by Stora Enso, wood-based carbon for batteries, is currently being ramped up. Applications include electric vehicles and consumer electronics as well as large-scale energy storage systems.

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Canfor to curtail production at Canadian sawmills due to extreme wildfire conditions
Canfor to curtail production at Canadian sawmills due to extreme wildfire conditions

The Vancouver-based lumber producer says about 115 million board feet of capacity will be reduced during the third quarter due to significant supply chain challenges and a transportation backlog.

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Update on impact of civil unrest in South Africa on Sappi's South African operations
Update on impact of civil unrest in South Africa on Sappi's South African operations

Sappi said earlier it's not pleased over the mayhem going on, so the Sappi Saiccor, Tugela and Stanger Mills in KwaZulu-Natal temporarily ceased production as of Monday 12 July. They will resume once it is safe and practical to do so. Work on the nearly completed Saiccor expansion and upgrade project was suspended as of Friday 9 July.

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Procter & Gamble Announces First Lenor Paper Bottle Pilot and Joins Paboco Community of Pioneer Brands
Procter & Gamble Announces First Lenor Paper Bottle Pilot and Joins Paboco Community of Pioneer Brands

Procter & Gamble's Fabric & Home Care division aims to reduce plastic faster in journey to create fully bio-based bottle along with group of innovators to become part of the solution for sustainable packaging.

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Pregis invests $80 million in new film extrusion facility in South Carolina
Pregis invests $80 million in new film extrusion facility in South Carolina

Pregis, a leading global manufacturer of protective packaging, is announcing a $80 million investment in a new, state-of-the-art blown film extrusion facility in Anderson, South Carolina.

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DS Smith To Sell De Hoop Paper Mill In Netherlands To De Jong Packaging In €50 Mln Deal
DS Smith To Sell De Hoop Paper Mill In Netherlands To De Jong Packaging In €50 Mln Deal

DS Smith Plc. announced Friday the proposed sale of its De Hoop paper mill in the Netherlands to De Jong Packaging for 50 million euros or about 43 million pounds in cash.

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Essity commits to net-zero greenhouse gas emissions by 2050
Essity commits to net-zero greenhouse gas emissions by 2050

Hygiene and health company Essity presents new and updated sustainability targets including a commitment to develop targets to reach net-zero greenhouse gas emissions by 2050 at the latest. This includes raising the ambition level of Essity's current Science Based Targets. Other updated targets include sustainable innovations, occupational safety and responsible sourcing.

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Domtar to Restart Paper Machine at Ashdown, Arkansas, Mill to Meet Customer Demand
Domtar to Restart Paper Machine at Ashdown, Arkansas, Mill to Meet Customer Demand

After a period of time to ramp up production, the machine is expected to resume full operation in January 2022, allowing Domtar to add 185,000 tons of uncoated freesheet capacity to its manufacturing network. The strategic initiative will help the company maintain its leadership position in the North American uncoated freesheet paper market and deliver the service and quality its customers expect. The company estimates the restart will cost approximately $10 million.

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A Decade of Progress: International Paper Shares Final Results of Its 2020 Sustainability Goals
A Decade of Progress: International Paper Shares Final Results of Its 2020 Sustainability Goals

International Paper has released its 2020 Global Citizenship Report. One of the world's leading producers of fiber-based packaging, pulp and paper, the company shares the final progress it made against its 2020 goals and outlines its approach to sustainability across its value chain.

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Impact of civil unrest in South Africa on Sappi's South African operations
Impact of civil unrest in South Africa on Sappi's South African operations

Sappi says it's not pleased over the mayhem going on, so the Sappi Saiccor, Tugela and Stanger Mills in KwaZulu-Natal temporarily ceased production as of Monday 12 July. They will resume once it is safe and practical to do so. Work on the nearly completed Saiccor expansion and upgrade project was suspended as of Friday 9 July.

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Verso Corporation Confirms Receipt of Unsolicited Acquisition Proposal from Atlas Holdings LLC
Verso Corporation Confirms Receipt of Unsolicited Acquisition Proposal from Atlas Holdings LLC

Verso does not intend to make any additional comments regarding the proposal or any other related matter or potential transaction unless and until it is appropriate to do so or a formal agreement has been reached.

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Brazilian court authorizes Paper Excellence to conclude Eldorado acquisition
Brazilian court authorizes Paper Excellence to conclude Eldorado acquisition

A Brazilian judge has authorized pulp maker Paper Excellence to conclude the acquisition of Eldorado Brasil Celulose SA, the Brazilian company said in a securities filing.

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JD Irving Sussex Sawmill Death Sparks Safety Recommendations
JD Irving Sussex Sawmill Death Sparks Safety Recommendations

William Douglas Gregg was killed in a workplace accident at the J.D. Irving Sawmill in Feb. 2016.

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Atlas Holdings makes offer to buy Verso Corp.
Atlas Holdings makes offer to buy Verso Corp.

Atlas Holdings LLC, in a filing with the Securities and Exchange Commission said the company is offering $20 per share for Verso's outstanding stock shares, buying out Verso entirely. The estimated value of the company is $866 million, according to Atlas Holdings.

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Interfor completes acquisition of four US sawmills from Georgia-Pacific
Interfor completes acquisition of four US sawmills from Georgia-Pacific

Interfor Corporation has completed the previously announced transaction to acquire four sawmill operations from Georgia-Pacific, located in Bay Springs, Mississippi; Fayette, Alabama; DeQuincy, Louisiana and Philomath, Oregon.

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Paper Excellence Receives $1.95 Billion of Financing Commitments and Reaffirms Domtar Closing Date
Paper Excellence Receives $1.95 Billion of Financing Commitments and Reaffirms Domtar Closing Date

Paper Excellence, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, announced that Paper Excellence and its subsidiaries ("Paper Excellence") have received a debt commitment letter from leading financial institutions for the commitment of an aggregate of $1.95 billion of financing.

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U.S. senators call for Cascades to reach labor contract at Niagara Falls facility
U.S. senators call for Cascades to reach labor contract at Niagara Falls facility

Sens. Kirsten Gillibrand and Charles Schumer wrote a joint letter to Mario Plourde, president and CEO of Quebec-based Cascades, saying "the contractual negotiations must be done in good faith in the effort to forge a fair contract and working conditions."

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Wisconsin governor vetoes
Wisconsin governor vetoes "Mill Bill"

According to a release from the Governor, the bill would require the governor to allocate $65 million in federal funds under the American Rescue Plan Act to finance the purchases of the Verso Paper Mill in Wisconsin Rapids and the Park Falls Pulp and Paper Mill in Park Falls.

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Truvant Opens New Facility in Indianapolis
Truvant Opens New Facility in Indianapolis

Indianapolis will provide a central location from which Truvant can service 75% of the North American marketplace in less than 24 hours.

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Have you tried the Paperitalo Supplier Directory lately?
Have you tried the Paperitalo Supplier Directory lately?

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

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New-Indy Containerboard asks judge to dismiss 'foul odor' lawsuit
New-Indy Containerboard asks judge to dismiss 'foul odor' lawsuit

In its nearly 700-page motion, New-Indy Containerboard cited three reasons why a judge should dismiss the first lawsuit filed against them back in May.

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Sonoco Updates $115 Million Project Horizon Progress; Announces Pending Closure of Two URB Machines
Sonoco Updates $115 Million Project Horizon Progress; Announces Pending Closure of Two URB Machines

Based on the progress of Project Horizon, the Company now expects to permanently shut down its Hartsville #1 and #9 URB cylinder machines which will reduce annual capacity by approximately 70,000 tons. The exact timing of the closures will depend on market conditions as well as the start-up of the converted Hartsville #10 machine.

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Displaying Articles 1 - 25 of 2589
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