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UPM Raflatac announced in October 2020 its plans to simplify its organisation and increase efficiency in operations and distribution. All related employee consultation processes in various European countries have now been completed. As a result, the number of positions at UPM Raflatac will decrease by 129.
A fire in a warehouse on June 25 on A dock at Powell River's Paper Excellence Catalyst paper mill is now under control.
No one is injured after a fire in a machine at the Georgia Pacific mill in Green Bay on Saturday night, June 26.
First announced in 2018, the Juno process extracts fiber from soiled and otherwise contaminated streams, such as paper napkins, cups, plates and wrappers from restaurants and other public gathering spots. The process involves using heat, pressure and screening techniques to separate the fiber from food waste, plastic linings, metals or other contaminants.
"Today, we are very proud to announce that the second of our two announced containerboard projects has been approved by the board and received financing commitments from quality banks in the Nordics and Europe", says Sven Ombudstvedt, CEO of Norske Skog ASA.
CatchMark purchased the property in August 2018 for $88.8 million, or $4,916 per acre, exclusive of transaction costs. The company expects to recognize a gain on the sale in excess of $20 million in the third quarter of 2021.
Assembly lawmakers passed legislation Tuesday that would provide $50 million in federal pandemic aid to a timber cooperative to buy and upgrade the Verso paper mill that was shut down in Wisconsin Rapids, costing 900 people their jobs.
Mondi PLC said Wednesday that it has approved the expansion of its semi-chemical fluting mill in Kuopio, Finland.
The Mayr-Melnhof Group ('MM') and a subsidiary of funds managed by Oaktree Capital Management, L.P. ('Oaktree') have reached a firm intention on the sale of MM's virgin fiber cartonboard mills located in Eerbeek, Netherlands, and Baiersbronn, Germany, to Oaktree for an equity value of EUR 104.6 million and net debt subject to final closing accounts.
Smurfit Kappa has announced the opening of a new International Safe Transfer Association (ISTA) certified lab at its new eCommerce packaging facility in Northampton, UK.
Nippon Paper Industries Co., Ltd. announced that it has acquired a portion of the issued ordinary share capital of Elopak ASA (President & CEO: Thomas Körmendi, "Elopak"), a Norway-based liquid paper packaging company operating in Europe and North America, as a Cornerstone investor in Elopak's initial public offering on the Oslo Børs.
Smurfit Kappa will invest Euro 24 million to expand its corrugated plant in Rethel, North-East France. The new investment will facilitate the consolidation of two existing facilities at that plant and the installation of a new state-of-the-art corrugator and conversion equipment.
Pete Watson to retire and be succeeded by Ole Rosgaard effective February 1st, 2022.
More than 150 jobs are expected at the Huber Engineered Woods plant in Cohasset, Minn.
Södra has decided to invest in new machinery at Södra's pulp mill at Mörrum, which will be commissioned in the first half of 2022. The new investment will increase the production capacity of OnceMore® pulp tenfold, bringing it to a full 6,000 tonnes. The proportion of recycled textile in the pulp will also increase.
It took about an hour to extinguish the fire in the building that housed the tire chip hopper.
According to the Lincoln County EMA director, his office received a call about the fire between 5:30 p.m. and 6:00 p.m. Brookhaven firefighters responded to the scene, and they were able to put the fire out around 9:00 p.m.
There were no injuries following a small fire at Dunn Paper on the morning of June 17.
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.
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