|
|
Metsä Group is planning to construct a new Kerto LVL mill on its expanding mill area in Äänekoski, Finland. The final decision on the investment, the value of which is approximately Euro 200 million, is pending the completion of a local detailed plan for the area. The new Kerto LVL mill is expected to use around 375,000 m3 of log procured from Finland.
Glass-Gard® interleaving papers protect automotive glass applications such as windshields, backlights, sunroofs, or side windows from scratching, breakage, abrasion and hazing prior to their installation in vehicles.
RR Donnelley issued notice it would permanently close its Lewisburg plant in November, with an estimated 70 employees losing jobs.
The Carlyle Group has consulted banks about either selling or taking Novolex public in a deal that would value the South Carolina-based packaging company at around $6 billion, news outlets reported this week.
Roger Stone, who built his family's paper firm into a $6 billion industry leader through leveraged acquisitions that ultimately forced its sale, died Sept. 12 at his Lake Forest home, according to his daughter, Karen Stone Kaplan. He was 86 and had been in failing health.
Ahlstrom-Munksjö announced it plans to temporarily idle No. 8 paper machine in December 2021 at its Rhinelander mill. It will also idle its No. 20 supercalender and No. 21 rewinder in July 2022.
Södra is now launching its complete offering for the assembly of cross-laminated timber (CLT) framing in Denmark. This is due to the high interest in Södra's products, and it represents the first step towards an establishment of the building systems in Europe. Kenny Holm will be Marketing Manager for the business in Denmark.
By joining these initiatives, Suzano is also taking part in the United Nations-supported "Race to Zero" campaign, which rallies for a zero carbon recovery.
P&G publishes Climate Transition Action Plan and sets new science-based targets.
By switching from an unrecyclable plastic multi-layer material to paper-based packaging, the carbon footprint has been reduced significantly.
Open innovation Company SOSA will run a four-month long program for Suzano, identifying growth opportunities and embedding advanced technologies in its Industrial IoT.
An inaugural, green, EUR 1 billion, Regulation S, senior, unsecured, dual-tranche offering with 8-year and 12-year maturities is expected to follow, subject to market conditions.
Paper Excellence has announced that its Prince Albert facility has been granted a softwood fibre allocation of 1,033,564 cubic meters per year by the provincial government.
The incident occurred at the West Fraser Forest Products mill on South Byron Butler Parkway at approximately 3 a.m. Monday, Sept. 13. According to Perry Police Chief Jamie Cruse, the suspect entered the building with two guns, an AR style rifle and 9 mm handgun. He then fired multiple shots near the maintenance area.
Global Win Capital Corporation (GWCC) ultimately owned by Shanying International, announced the appointment of Michael Grimm as its new president and chief executive officer. Grimm assumes day-to-day leadership of the North American business unit and underlying investment in North America which includes Phoenix Paper Wickliffe LLC. Mr. Grimm brings more than 30 years of relevant manufacturing experience to his new role.
Graphic Packaging International, LLC, the primary operating subsidiary of Graphic Packaging Holding Company, announced that it has entered into an agreement for $100 million aggregate principal amount of tax-exempt green bonds due 2061 with a mandatory purchase date of October 1, 2026 (the "Tax-Exempt Green Bonds"). The offering is being executed through the Michigan Strategic Fund ("MSF") Private Activity Bond Program.
Phoenix Paper finished a $5 million recommissioning project for its pulp dryer at its Wickliffe Mill. The addition of the pulp dryer will allow Phoenix Paper to more efficiently operate the back end of the mill, as well as add a secondary product of baled pulp.
The MM (Mayr-Melnhof) Group has appointed Päivi Suutari as the new Managing Director of MM Kotkamills. She will start in her role on October, 1.
The $250 million One Sky mill plans to have to the ability to produce 600 million square feet (3/8-inch basis) of OSB annually.
Truvant, a global provider of high-quality packaging services solutions, recently signed a lease and has begun interior construction of a world-class 355,517 square foot building in Hazlet, TX, within the Dallas/Fort Worth metro area.
Due to wildfires in British Columbia, slowing orders for forest products, constraints on the availability of resins used in the manufacture of panel products, transportation service interruptions and overall inventory levels, West Fraser has adjusted output at its British Columbia SPF, US South SYP, North American OSB and Canadian plywood facilities by between 5% and 10% of available capacity over the first two months of the third quarter of 2021.
Pactiv Evergreen Inc. announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has reached a definitive agreement to acquire Fabri-Kal, a leading manufacturer of foodservice and consumer brand packaging solutions.
The mill has been sitting idle since last spring when the former owners went into receivership.
Heinz's recyclable paperboard sleeve will replace shrink-wrapped multipacks of Heinz beanz, Heinz soups and Heinz pasta varieties on supermarket shelves.
With great regret the Supervisory Board of Lenzing AG accepts his resignation and the parties mutually agreed to end the contract effective September 30, 2021.
|
|
|
|
