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Displaying Articles 1 - 25 of 5022
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Borregaard ASA: Tom Erik Foss-Jacobsen appointed CEO of Borregaard
Borregaard ASA: Tom Erik Foss-Jacobsen appointed CEO of Borregaard

Tom Erik Foss-Jacobsen has been appointed CEO of Borregaard ASA. He succeeds Per A. Sørlie, who will retire after 26 years in the position.

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	 Norske Skog launches containerboard production at Golbey mill in France
Norske Skog launches containerboard production at Golbey mill in France

Norske Skog has reached an important and historic milestone with start of recycled containerboard production at the Golbey mill. The total investment of approximately EUR 400 million makes it the single largest investment in Norske Skog's history.

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Weyerhaeuser Acquiring High-Quality Timberlands in North Carolina and Virginia for $375 million
Weyerhaeuser Acquiring High-Quality Timberlands in North Carolina and Virginia for $375 million

Capitalizing on unique off-market opportunity to further enhance Southern Timberlands portfolio with highly productive and strategically located acreage

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International Paper to close five UK packaging sites; 300 jobs at risk
International Paper to close five UK packaging sites; 300 jobs at risk

It has proposed closing five packaging sites in the UK following a strategic review of the region. It did not specify which locations are earmarked for closure.

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June 4-5: Two-day online auction for former Willamette Falls Paper Company mill and assets
June 4-5: Two-day online auction for former Willamette Falls Paper Company mill and assets

Two-Day Online Auction Scheduled for June 4-5, 2025, Featuring Extensive Paper Production Equipment from a 135-Year-Old Facility

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Stora Enso to sell 12.4 percent of Swedish forests for about $1 billion
Stora Enso to sell 12.4 percent of Swedish forests for about $1 billion

Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value of EUR 900 million, equivalent to SEK 9.8 billion or US$1.02 billion.

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Weyerhaeuser to Sell Princeton, B.C., Lumber Mill to Gorman Group
Weyerhaeuser to Sell Princeton, B.C., Lumber Mill to Gorman Group

Agreement with local buyer includes manufacturing facility and associated timber licenses in British Columbia

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Ahlstrom inaugurates new parchmentizer at its Saint-Séverin plant in France
Ahlstrom inaugurates new parchmentizer at its Saint-Séverin plant in France

This latest Euro 15 million investment in Saint-Séverin underscores Ahlstrom's enduring commitment to sustainable innovation.

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Valmet cuts more than 400 jobs, mostly in Finland
Valmet cuts more than 400 jobs, mostly in Finland

The engineering firm is cutting 325 jobs in Finland, and placing more than 1,000 other employees on unpaid leave. Valmet has not yet said where the cuts will take place, but the Jyväskylä region could bear the brunt of the reductions.

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Rottneros cuts workforce by 26 positions
Rottneros cuts workforce by 26 positions

At the end of March, Rottneros announced a reduction corresponding to 47 positions. The notice applied to both Rottneros Mill and Group functions.

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Sofidel Wins Auction for Bankrupt Competitor Royal Paper
Sofidel Wins Auction for Bankrupt Competitor Royal Paper

Sofidel raised acquisition bid from $126 million to $180 million; Kimberly-Clark named back-up bidder for Royal Paper assets

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Truvant to close one of its Wisconsin facilities, 74 employees impacted by layoffs
Truvant to close one of its Wisconsin facilities, 74 employees impacted by layoffs

A packaging and labeling company in southwestern Wisconsin is preparing to shut down one of its facilities, citing shifting business conditions and resulting in layoffs affecting dozens of workers.

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Smurfit Westrock approves $150 million investment in Brazil operations
Smurfit Westrock approves $150 million investment in Brazil operations

Smurfit Westrock--the packaging company formed through the merger of Ireland's Smurfit Kappa and U.S.-based Westrock--has approved a $150 million (about R$840 million) investment to expand and modernize its operations in Brazil. The investment, already cleared by the board, is expected to be implemented over a period of 18 to 22 months.

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International Paper Is on a Quest to Build a Better Cardboard Box
International Paper Is on a Quest to Build a Better Cardboard Box

When a recruiter approached Andy Silvernail about joining International Paper to turn around the 127-year-old company, he initially said no.

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Kadant Black Clawson and Cascades Successfully Start Up Lightweight Recycled Containerboard Line
Kadant Black Clawson and Cascades Successfully Start Up Lightweight Recycled Containerboard Line

Kadant Black Clawson LLC, a subsidiary of Kadant Inc., successfully started up a new lightweight recycled containerboard line at Cascades' Bear Island facility in Ashland, Virginia.

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Kimberly-Clark to Transfer U.S. Stock Exchange Listing to Nasdaq
Kimberly-Clark to Transfer U.S. Stock Exchange Listing to Nasdaq

Kimberly-Clark expects that its common stock will cease trading on the NYSE at market close on Thursday, May 29, 2025, and will commence trading on Nasdaq on Friday, May 30, 2025.

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Petrobras and Suzano formalize contract for supply of natural gas on the free market in São Paulo
Petrobras and Suzano formalize contract for supply of natural gas on the free market in São Paulo

The partnership with Suzano, one of the ten largest consumers of natural gas in Brazil and one of the main customers in this segment, marks the beginning of Petrobras' operations in the free market in the state.

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J&F and Paper Excellence end years-long legal dispute
J&F and Paper Excellence end years-long legal dispute

Under the deal, J&F will repurchase Paper Excellence's 49% stake in pulp producer Eldorado Celulose for approximately $2.7 billion (R$15.2 billion).

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Weyerhaeuser Distribution adds Nichiha products in Texas
Weyerhaeuser Distribution adds Nichiha products in Texas

Weyerhaeuser Distribution announced a partnership with Nichiha USA that will make Nichiha's full portfolio of siding and trim products available in Texas through its distribution centers in Dallas, Houston and San Antonio.

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Two-day auction for former Willamette Falls Paper Company mill and assets is coming up on June 4-5
Two-day auction for former Willamette Falls Paper Company mill and assets is coming up on June 4-5

Two-Day Online Auction Scheduled for June 4-5, 2025, Featuring Extensive Paper Production Equipment from a 135-Year-Old Facility

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China pulp market could be challenging in face of US tariffs, Copec says
China pulp market could be challenging in face of US tariffs, Copec says

"Most of our customers that export, especially to the U.S., really don't know what the price of their goods is going to be," said Cristian Infante, who heads Copec's forestry arm Arauco, in a presentation. "So they're trying to buy as little as possible."

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St. Paul, Minnesota Smurfit Westrock facility owners look to sell 'as soon as possible'
St. Paul, Minnesota Smurfit Westrock facility owners look to sell 'as soon as possible'

Smurfit Westrock says it intends to prepare its closing St. Paul paper recycling facility site for sale and redevelopment "as soon as possible" following a planned closure this summer.

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Georgia-Pacific announces permanent closure of Cedar Springs containerboard mill
Georgia-Pacific announces permanent closure of Cedar Springs containerboard mill

Employees at the Cedar Springs Containerboard mill in Georgia were told today (May 14) that Georgia-Pacific plans to permanently close the operation later this year. Most positions will be eliminated by August 1, 2025. All jobs at the Cedar Springs mill will eventually be impacted.

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3M Reached $285 Million Settlement With New Jersey Over Contamination Claims
3M Reached $285 Million Settlement With New Jersey Over Contamination Claims

The settlement, which the company said is not an admission of liability, stems from a 2019 lawsuit, in which New Jersey officials sued chemical makers DuPont, Chemours and 3M to pay for the clean-up of years of contamination caused by toxic chemicals commonly known as PFAS.

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Metsä Tissue completes change negotiations at Mänttä Mill in Finland
Metsä Tissue completes change negotiations at Mänttä Mill in Finland

The estimate of the final number of redundancies is 7 employees.

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Displaying Articles 1 - 25 of 5022
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