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Stora Enso has decided to invest in centralising and modernising the wood handling capacity at its Imatra mills in Finland. The investment of EUR 80 million will enhance Stora Enso's production capabilities for premium packaging board.
Huhtamaki, a key global provider of sustainable packaging solutions for consumers around the world, is investing for further growth in Russia. In order to respond to the fast development of the retail business and egg packaging industry in Eastern and Central parts of Russia, the company is setting up a new fiber packaging manufacturing plant at its existing site in Alabuga, Tatarstan.
UFP Industries announced that its Board of Directors approved an agreement for UFP Industrial, LLC, to purchase 100% of the equity of PalletOne, Inc. for approximately $232 million. This price assumes a cash-free, debt-free balance sheet. UFP also agreed to pay $18 million for PalletOne's recent capital expenditures.
Canadian wood pellet producer Pinnacle Renewable Energy and Canadian forest products firm Tolko Industries have started pellet production at the partnership's 200,000 t/yr High Level plant in Alberta.
An employee at the Pixelle paper mill in Chillicothe fell Wednesday night on a metal pole.
Pixelle Specialty Solutions, the owner of a Jay paper mill where an April 15 industrial explosion led to layoffs of 177 employees, on Wednesday said it plans to continue making paper there but will not rebuild paper-making equipment that was damaged by the blast.
The Mayr-Melnhof Group has reached an agreement to acquire Kotkamills Group Oyj ("Kotkamills") from the previous owners for an enterprise value of around EUR 425 million; this corresponds to approximately 7.8 times the EBITDA of the last twelve months.
R.R. Donnelley & Sons Company, a leading global provider of marketing and business communications, today introduces a comprehensive vaccination distribution toolkit -- for healthcare providers, government agencies, retail pharmacies, and large enterprise organizations -- aimed at delivering quick-turn marketing, communication, and operational support upon the release of an FDA-authorized COVID-19 vaccine.
Paper Excellence plans to invest over $13 million at its Port Alberni paper mill in British Columbia, Canada. Detailed engineering for the project will start shortly followed by procurement of needed equipment.
The new mill would add 2.2 million tonnes of annual pulp capacity to Suzano's operations.
The Tasman mill has over the last period commenced production of paper for supplies into the Asian packaging markets in the form of Pulp on Reel.
Preparatory work belonging to the pre-engineering for the Kemi bioproduct mill project of Metsä Fibre continues with new preparation activities in the mill area.
The former newsprint mill is "turnkey and could be immediately operational," according to the property's listing on the Commercial Real Estate Exchange Inc. website.
Atlantic Packaging announces the launch of a recyclable can carrier system, Fishbone, to replace plastic ring handles. The Fishbone beverage carrier is a curbside recyclable, biodegradable, and performance tested product that will eliminate single use plastic from beverage packaging.
After a fire broke out Wednesday evening, Dec. 2, at Inland Empire Paper Co., firefighters were quickly able to contain the flames.
Ilim Group signed an agreement with Xiamen C&D Corporation, one of its key partners, on pulp and paperboard supply to the provinces in Southwest China via the Silk Road.
Amcor Flexibles North America will permanently close its Akron, Ohio-area label-making plant in March, consolidating its operations with a plant in New York and eliminating 108 jobs.
Atlas Holdings announced that it has completed its acquisition of substantially all of the assets of LSC Communications.
The facility is growing with a focus on innovating with customers to support strategic growth initiatives including plastic substitution.
The negotiations concerned in total about 940 employees out of 1,680 employed by the Services business line and EMEA area organization in Finland. Valmet estimated at the start of the negotiation process that the need for temporary lay-offs would be around 360 employees at this stage. The negotiations concerned all personnel groups.
Stora Enso is investing EUR 14 million to build a granulation and packing plant for lignin, allowing easier packing and handling of lignin compared to powder and wet form.
Innovative, fully digitized processes will significantly increase the efficiency of waste paper processing and at the same time reduce the specific consumption of energy and water.
International Paper announced a plan to pursue a spin-off of the Company's Printing Papers segment into a standalone, publicly traded company ("SpinCo"). The transaction will result in two streamlined, leading companies well positioned for long-term success.
SCA is changing the name of its business area Paper to business area Containerboard as of January 1, 2021.
It's the second major investment in the non-woven facility in the past year; last November, the company invested $20 million to expand the capacity of the nonwovens line, and added 25 jobs. The multi-phase project added 45,000 square feet.
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