|
|
Rengo announced that it was resolved at its Board of Directors' meeting that it will take over all shares for subscription of Taiko Paper Mfg., Ltd. (TPM) through third-party allocation on September 1, 2021 and make it a wholly owned subsidiary.
The CMA is considering if the combination of the two packaging companies will be "expected to result in a substantial lessening of competition within any market or markets in the United Kingdom."
Conifex Timber Inc. announced that it has made the difficult decision to temporarily curtail lumber production at its Mackenzie, British Columbia sawmill for two weeks commencing August 23, 2021.
Through a new partnership with Swedish company Trioworld, Södra's timber packaging will now contain 30 percent recycled plastic, which will reduce annual emissions from the packaging by around 23 percent.
Herbal Essences and international recycling leader, TerraCycle, announce the latest impact of their longtime national recycling program: The installment of 20 benches made from recycled hair care packaging, in three nature preserves maintained by The Nature Conservancy (TNC) and the planting of over 60,000 trees throughout the United States.
The agreement enables pharmaceutical freight forwarders access to Pegasus ULD® containers directly from Korean Air. Korean Air and mutual clients will also have access to other Sonoco ThermoSafe containers as part of this agreement.
Emergency crews responded Wednesday morning, August 18, to Evergreen Packaging, also known as the Canton Paper Mill, in Canton after reports of an explosion.
The complaints over large releases of hydrogen sulfide, a gas that smells like rotten eggs and causes headaches and even death in concentrated doses, from the New-Indy paper mill in Catawba, South Carolina, have resulted in federal and state orders to reduce its emissions. Three federal civil lawsuits have been filed against the company, alleging the odor is harming families.
Since spring, UPM has sought to enter into business-specific collective bargaining with the Paperworkers' Union in the same way as UPM Timber and UPM Plywood businesses are negotiating with their employee representatives and the Finnish Industrial Union since May.
Amcor plans to build two new state-of-the-art innovation centers. The new facilities in Ghent, Belgium, and Jiangyin, China, will welcome customers as of mid-2022, with full build-out over the next two years. The total investment is expected to be approximately $35 million.
Martco L.L.C. (RoyOMartin) announced that its Texas subsidiary, Corrigan OSB, L.L.C., will construct a second oriented strand board (OSB) manufacturing facility near its current, state-of-the-art OSB plant located in Corrigan, Texas.
Group says public needs to hear proposal to open shuttered mill with 'an open mind'.
The council as a committee of the whole voted 9-0 to approve $500,000 in permit and building fee waivers to entice Atlantic Packaging to choose Elgin over a competing location in Wisconsin. The company makes corrugated boards and boxes from recycled paper.
Parliamentary Secretary Marc G. Serré, on behalf of the Honourable Seamus O'Regan Jr., Minister of Natural Resources, announced a $40,000 investment to Kruger Products, Canada's leading tissue products manufacturer, to improve energy efficiency and reduce energy costs and greenhouse gas (GHG) emissions at its Crabtree plant in Quebec.
Workers were moving a large transformer when it tipped over, partially catching one employee.
Western Forest Products Inc. has completed the sale of certain properties, including the Somass sawmill site, to the City of Port Alberni for $5.3 million.
Huhtamaki has entered into an agreement to acquire Elif Holding A.Ş. (Elif), a major supplier of sustainable flexible packaging to global FMCG brand owners, with operations in Turkey and in Egypt.
CatchMark Timber Trust, Inc. announced that it had completed the sale of 18,063 acres of prime Oregon timberlands - known as the Bandon property - for $100 million in cash, or approximately $5,536 per acre, to Roseburg Resources Co. The property had been purchased in August 2018 for $88.8 million or $4,916 per acre.
The expansion comes as a result of an increase in global shipping and logistics needs and will include an addition of more than100,000 square feet to Pratt's existing facility. Upgrades will include new machinery, new scrap recycling system, waste water system and additional warehouse space.
Interfor Corp. said Aug. 11 it will spend $30 million to expand its sawmill in Summerville, just months acquiring the facility from WestRock Co.
John Begley, who has been the CEO of Columbia Pulp LLC throughout the local private company's eight-year existence here, announced his retirement effective Sept. 3.
Canfor opened its Houston mill August 9, following a two-week shutdown caused by rail system bottlenecks and other problems in southern B.C. owing to wildfire outbreaks there.
Metsä Group's innovation company Metsä Spring Ltd has made an equity investment in Innomost Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately Euro 5 million, consisting of private investments and public financing from Business Finland and ELY Centre for Central Finland. Metsä Spring is participating in the round with Innovestor Technology Fund and other private investors.
Saica Pack successfully manufactured more than 1 million square meters worth of corrugated cardboard at its Thrapston facility near Northampton, the UK.
Klabin started construction on its new terminal on the quay of the Port of Paranaguá in Brazil. In this phase, the project is expected to create 180 new jobs. Once the terminal starts commercial operations, it will require around 170 direct and indirect employees.
|
|
|
|
