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According to a release from the Governor, the bill would require the governor to allocate $65 million in federal funds under the American Rescue Plan Act to finance the purchases of the Verso Paper Mill in Wisconsin Rapids and the Park Falls Pulp and Paper Mill in Park Falls.
Indianapolis will provide a central location from which Truvant can service 75% of the North American marketplace in less than 24 hours.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
In its nearly 700-page motion, New-Indy Containerboard cited three reasons why a judge should dismiss the first lawsuit filed against them back in May.
Based on the progress of Project Horizon, the Company now expects to permanently shut down its Hartsville #1 and #9 URB cylinder machines which will reduce annual capacity by approximately 70,000 tons. The exact timing of the closures will depend on market conditions as well as the start-up of the converted Hartsville #10 machine.
The forestry company says it is conducting a "modified Dutch auction" with a tender price range of $85 to $98 per share.
Norske Skog has expanded its partnership with Ocean GeoLoop to support development, testing and commercialisation of their highly promising Carbon Capture, Storage and Utilisation (CCS/CCU) technologies. Through this partnership, Norske Skog aims to pursue the opportunity to become CO2 net negative, and to explore economically viable models for utilisation of biogenic CO2.
Mayr-Melnhof Packaging is investing around Euro 35 million in Neupack Polska and expanding the site with a focus on e-commerce and high-quality fine corrugated cardboard (microflute).
The transaction, expected to close before the end of 2021, implies an enterprise value for Solenis of $5.25 billion. CD&R and Solenis management currently collectively own 51% of Solenis, and chemical company BASF holds the remaining 49%. Both CD&R and BASF will fully exit Solenis as part of the transaction announced today.
Crews cleared just prior to 3:00 a.m. Saturday.
Essity will invest approximately EUR 11m (approximately SEK 110m) in its Hondouville mill in France, allowing to extract 98% of paper fibers contained in food and beverage cartons.
The new 375,000-square-foot facility will be called Roanoke Valley Lumber and will be located on approximately 200 acres of land in Halifax County. Construction on the state-of-the-art sawmill is expected to begin in the first quarter of 2022, with startup scheduled for later that year. Roanoke Valley Lumber will be one of the highest-capacity sawmills on the East Coast, capable of producing as many as 400 million board feet of dimensional lumber per year.
Cascades Inc. is pleased to announce that it has entered into an agreement with an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, "Apollo") to sell its 57.6% equity interest in Reno De Medici S.p.A. ("Reno de Medici", or "RDM") for an all-cash price of €1.45 per share, corresponding to a total net cash consideration of approximately €315.3 million (approximately CAN$461 million).
Neenah, Inc. announced a number of operational changes consistent with the Company's commitment to accelerating growth, strengthening margins, and creating value for customers and shareholders.
The bill passed 63-35 in the Assembly and 20-12 in the Senate. It would allow the Wisconsin Economic Development Corporation to provide a timber cooperative, which is made up of people throughout the timber industry in the state, a $50 million loan to purchase the Verso Mill in Wisconsin Rapids and a $15 million loan to purchase the Flambeau River Papers Mill in Park Falls.
Neenah, Inc. announced a number of operational changes consistent with the Company's commitment to accelerating growth, strengthening margins, and creating value for customers and shareholders.
Flexo is a manufacturer of stock, custom and recycled paper bags, and sacks. A family-owned business, Flexo was founded in 1994. It is headquartered and has a manufacturing facility in Meriden, CT and an additional plant in Monroe, GA.
Asaleo Care manufactures and markets Personal Care and Professional Hygiene products in Australia, New Zealand and Fiji and Consumer Tissue in New Zealand and Fiji.
The McDonough facility will be producing the recently rebranded Pregis EverTec™ mailer which features lightweight, recyclable all-paper cushioned construction. Pregis is currently looking to fill 80 new manufacturing positions there, with room to expand production and employment opportunities in the future. In total, the new EverTec manufacturing locations are expected to create approximately 450 new jobs.
Stora Enso has completed the co-determination negotiations concerning the closing down the pulp and paper production at its Kvarnsveden site in Sweden. The closure will take place by the end of the third quarter of 2021.
Kimberly-Clark has published its annual report on sustainability, providing the first update on the company's global progress toward its 2030 sustainability strategy and goals, aimed at addressing the social and environmental challenges of the next decade with commitments to improve the lives and well-being of 1 billion people in underserved communities around the world with the smallest environmental footprint.
Brazilian pulpmaker Klabin SA is going to invest 342 million reais ($69 million) in 23 projects throughout 2022, according to a securities filing on Tuesday.
A spokesperson for Georgia Pacific said the incident is not expected to have a significant impact on production.
Climate change is the greatest challenge of our time. At Mercer, we're committed to being part of the solution. We believe technology and innovation can help get us there. For us, accountability means that we are accountable individually and have a responsibility to our partnerships. We contribute and take ownership beyond our job descriptions. This definition is broad and multifaceted, but like our other values, accountability is in everything we do.
Mondi continues to support customers in the growing eCommerce market by extending its innovative MailerBAG range of sustainable paper solutions.
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