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A conveyor feeding wood chips both to the hardwood and softwood digesters at Metsä Board's Husum pulp mill in Sweden caught fire on Friday, 18 June at about 12.30 CET.
Ahlstrom-Munksjö is on track expanding production capacity at its Malmedy plant in Belgium, specialized in the production of nonwovens for wallcovering. The EUR 10 million investment, announced in January 2020, will double the capacity of the plant and diversify the production to also cover filtration materials. The investment will create some 40 new jobs locally.
International Paper Company announced the early tender results as of 5:00 p.m., New York City time, on June 18, 2021 (the "Early Tender Deadline") for its previously announced cash tender offer (the "Offer") for up to $700 million aggregate purchase price.
Green Bay Packaging ceremonially cut the ribbon on its new $500 million mill Thursday, June 17.
Sonoco announced it is expanding recovery and recycling of scrap materials from the production of its iconic EnviroCan™ paper containers in the U.S. to be used as raw material at three of its uncoated recycled paperboard mills to produce new paperboard.
As a result of the negotiations, 550 people will be permanently laid off. Some 28% of the redundancies can be managed through pension arrangements.
Sappi North America, Inc., a leading producer and supplier of diversified paper, packaging products and pulp, today announced that it will sell its hydroelectric assets on the Presumpscot River in Maine to Dichotomy Power LLC, pending satisfactory completion of regulatory and other approvals. The move is designed to allow Sappi to focus on its core competencies and is consistent with Sappi's recent restructuring of the Westbrook site.
Billionaire Tom Gores' private equity firm Platinum Equity would acquire textbook publishing and educational technology company McGraw Hill for $4.5 billion from Apollo Global Management Inc, the companies said on Tuesday.
Engaging nearly 100 organizations, the Roadmap outlines actions and responsibilities to achieve reusable, recyclable or compostable plastic packaging by 2025.
SOSA's collaboration with Klabin is facilitated through SOSA's partnership with CNI (Brazil's National Confederation of Industry) and aims to identify new growth opportunities through open innovation.
PotlatchDeltic Corporation confirmed that a fire occurred at its Ola, Arkansas sawmill on the morning of Sunday June 13. The Ola and Galla Rock Fire Departments responded quickly and brought the fire under control. There were no injuries reported from the fire or environmental issues.
Resolute Forest Products Inc. declared a special cash dividend of $1.00 per share of common stock, payable on July 7 for holders of record at the close of business on June 28. The company also announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter.
Paper Excellence announced today that several key roles have been filled as work to restart the Prince Albert pulp mill ramps up.
Huhtamaki has completed the acquisition of Jiangsu Hihio-Art Packaging Co. Ltd.'s assets. Jiangsu Hihio-Art Packaging is a privately owned manufacturer of paper bags, wraps and folding carton packaging in China. The acquisition strengthens Huhtamaki's position as the leading foodservice packaging provider in Asia and expands its product portfolio allowing it to better serve both existing and new customers in China.
Georgia-Pacific broke ground Tuesday on a state-of-the-art gypsum wallboard production facility near Sweetwater.
The Food Safety Certification requirements provide a rigorous system to manage food safety risks and provide safe products for use by companies in the food industry. Achieving certification is a stringent process.
Stora Enso has decided to invest EUR 21 million to improve the competitiveness and environmental performance of the Anjala-Ingerois production sites. Stora Enso will also invest EUR 26 million in modernising the pulp production at Nymölla in Sweden.
Smurfit Kappa's Bag-in-Box division has announced the completion of a €12 million investment in a new flexible material production facility at its plant in Ibi, Spain.
The Tasman Mill commenced newsprint production in 1955 and has produced more than 15 million of tonnes of paper during its 66-year history.
On June 8, the State Assembly's Committee on State Affairs voted to pass Assembly Bill No. 367 (AB 367), which will provide state assistance to support the purchase of the former Verso paper mill in Wisconsin Rapids.
Louisiana-Pacific Corp. said it will break ground this week on a $150 million conversion of its mill in New Limerick to turn out the company's flagship siding and trim product.
Canfor Corporation says will invest approximately US$160 million to build a new sawmill near DeRidder, Louisiana. The company will receive state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people plus create significant additional indirect jobs.
UPM has completed the employee consultation process in Finland started in April. The company will improve efficiency in global functions by reorganizing and streamlining the operations. As a result, the number of employments in Finland will decrease by 28. In Germany and Austria, the process is still on-going.
Prairie Industries, along with its partner company Nu-Pak, announced its new name for the combined organization: Truvant. The announcement coincides with Prairie's recent acquisition of Sonoco's European contract packaging business.
Columbia Pulp has officially reopened its Lyons Ferry mill, processing wheat straw for the creation of paper products such as food containers, towels and tissues, the company announced Thursday, June 3.
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