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The IFRS fair valuations of Stora Enso's forest have increased significantly since the publication of the Group's third quarter results in October.
Ducks Unlimited Canada (DUC) and Louisiana-Pacific Building Solutions (LP) announced the signing of a new, 10-year agreement that will positively impact more than 6.2 million acres of Manitoba's boreal forest, an area larger than the state of Vermont and about half the size of Nova Scotia.
McKinley Paper Company is expected to be running at full capacity at the former Nippon Paper Industries USA plant in March, three years after operations ceased at the 100-year-old Ediz Hook mill.
With revenues of more than $1 billion, OVOL USA is among North America's largest distributors of printing, publishing and business papers.
Delaware Chancery Court Finds Credible Basis to Infer Possible Mismanagement at Verso and Orders Verso to Produce Information Requested by Atlas.
A former employee of Appvion faces charges he stole close to $200,000 in industrial and computer equipment from the Roaring Spring paper mill.
Louisiana Pacific Corp. announced plans to cut jobs at the company's plant in Roaring River Thursday in connection with a shift in production there.
Verso Corporation announced that, in connection with the pending sale of its Androscoggin and Stevens Point mills to Pixelle Specialty Solutions LLC (the "Pixelle Transaction"), it has received requisite approval under Section 203 of the Federal Power Act from the Federal Energy Regulatory Commission.
Georgia-Pacific announced Monday, Dec. 13, that it is permanently closing its Cuba facility.
Resolute Forest Products Inc. says it will spend $27 million to add a plant to produce cellulose filaments at its Kenogami paper mill in Quebec.
Citing a drop in publisher demand for print publication titles and significant structural changes impacting the industry, Chicago-based LSC Communications filed a Form 8-K with the Securities & Exchange Commission (SEC) on Jan. 14 announcing it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.
Officials said a large part of the warehouse was filled with smoke when crews arrived, and a paper converting machine was on fire. Officials said firefighters quickly extinguished the fire and ventilated the warehouse.
Michigan on Tuesday sued 3M, DuPont and other companies for financial damages from contamination caused by potentially harmful "forever" chemicals that are turning up in drinking water across the industrial state.
Rayonier Inc. and Pope Resources, A Delaware Limited Partnership announced that they have entered into a definitive merger agreement under which Rayonier will acquire all of the outstanding limited partnership units of Pope Resources for consideration consisting of equity and cash.
Metsä Tissue announced that a fire broke out late Friday evening, Jan. 10, involving PM5 at the company's paper mill in Düren, Germany.
"We urge Verso Stockholders to not be fooled by the deceptive practices employed by Lapetus, Atlas and Blue Wolf to confuse you and to deflect attention from their ultimate objective - to control the Company without paying for it."
In a written statement, Northen Pulp stated that "the company continues discussions with government with respect to the site's hibernation plan. The length of time the facility will be in hibernation is currently unknown."
The cause of the incident is under investigation.
Verso Corp. Monday announced that its board had written shareholders in preparation for the company's Jan. 31 annual meeting. Verso wants shareholders to vote for seven nominees, holding fast against a large shareholder pushing for changes.
Northern Pulp says it's committed to the province and wants to operate in Nova Scotia for the long term.
Mondi said it would close operations at the Deeside Industrial Park, Flintshire, where 167 jobs are at risk, and in Nelson, Lancashire, with 41 jobs affected.
Last year on Nov. 8, workers at the mill were told the operation would permanently shut down due to logging costs, market conditions and policies as of Jan. 8, 2020.
Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.
It is not immediately clear what the company's decision to continue with the assessment process means for any potential long-term viability of the Northern Pulp mill.
Based in Combined Locks, Wisconsin, US, Midwest Paper specializes in paper manufacturing and distribution. It also supplies recycled containerboard used for corrugated packaging and recycled bag products.
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