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Corner Brook Pulp and Paper Ltd. resumed operations on Monday following a week-long production shutdown for maintenance.
Graphic Packaging Holding Company announced that International Paper has notified the Company of its intent to continue the monetization process of its ownership interest in Graphic Packaging International Partners, LLC (the "Partnership").
Verso says it has entered into an equipment purchase agreement with Halkali Kagit Karton Sanayi ve Tic. A.S., a company organized under the laws of Turkey, whereby Verso agreed to sell, and the Purchaser agreed to purchase, certain equipment at Verso's Luke Mill, primarily including two paper machines.
2020 has been one of the most challenging and defining business years for many of us. There have been many negative impacts from COVID-19 but there have been many positive outcomes too. The enduring reality of COVID-19 and its effect on the market, both short and long term, is driving important strategic decisions across organizations, large and small.
The Duluth mill may need to shift production to kraft paper packaging materials in order to survive.
The US Court of Appeals for the Eighth Circuit affirmed a grant of summary judgment dismissing antitrust and tortious interference claims based on fraudulent procurement of patents where the plaintiff failed to show a knowing and willful intent to deceive the US Patent and Trademark Office (PTO). Inline Packaging, LLC v. Graphic Packaging International, LLC, Case No. 18-3167 (8th Cir. June 18, 2020) (Smith, J.).
Domtar announced in a quarterly report that it is shutting down uncoated freesheet manufacturing at the Kingsport Mill. The mill has been idle since April 2020 and will not recommence operations. The layoff has impacted more than 300 people.
As part of the cost savings program, overall the company will permanently close the uncoated freesheet manufacturing at the Kingsport, Tennessee and Port Huron, Michigan mills, the remaining paper machine at the Ashdown, Arkansas mill and the converting center in Ridgefields, Tennessee. These actions will reduce the Company's annual uncoated freesheet paper capacity by approximately 721,000 short tons, and will result in a workforce reduction of approximately 780 employees. The Kingsport and Ashdown paper machines, which have been idled since April 2020, will not recommence operations. The Port Huron and Ridgefields mills are expected to shut down by the end of the first quarter of 2021.
Domtar Corp. announced Friday (Aug. 7) it would permanently shutter its paper machine operations at its Ashdown plant to save $200 million by 2021. The South-Carolina based company will transition its Ashdown operations to softwood and fluff pulp production..
Packaging Corporation of America may spend up to $170 million to move from South 21st Street in Newark, Ohio to build a new, larger facility on a Thornwood Drive site once considered for an ethanol plant.
Many people in Wisconsin Rapids are without a job Monday night after the Verso Paper Mill shut down production. Other Verso workers know their job there has an expiration date.
Resolute Forest Products is continuing plans to reopen its sawmill in El Dorado, Ark., that has been closed since last summer.
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Sonoco announced it has acquired Can Packaging, a privately owned designer and manufacturer of sustainable paper packaging and related manufacturing equipment, based in Habsheim, France, for total consideration of €41.7 million, or approximately $49 million.
A small fire in the roof of Battle Creek's Graphic Packaging facility is believed to have been started by an electrical issue.
The Chemours Co. and DuPont likely will reach a settlement in a lawsuit where Chemours claims its former parent saddled it with millions of dollars to clean up per- and polyfluoroalkyl substances, or PFAS, in the environment, the company's chief executive officer said Friday.
UPM has begun the construction of its third nursery in Uruguay, located in Central Uruguay, about 10 kilometers from Sarandí del Yí, Durazno. The investment is approximately $25 million.
The Verso mill is in the process of idling this week in Wisconsin Rapids, but task force leaders say they have to continue to endeavor to find solutions for the future of the site.
Gross proceeds approximated AUD $947 million including a related sale-leaseback agreement which approximated AUD $214 million.
Central National Gottesman Inc. (CNG), which owns sales and distribution businesses in the global pulp, paper, tissue, packaging, wood products and metals industries, announced that its Kelly/Spicers division has acquired Northern California-based American Packaging, further expanding its packaging business throughout the Western U.S.
Overheating machinery is thought to be the cause of a minor fire at Sappi's Somerset Mill.
Saica Group is establishing its first North American facility near Cincinnati, Ohio.
Cascades Inc. announced that it will close its Etobicoke, Ontario Containerboard packaging facility as part of the strategic repositioning of its Containerboard platform in Ontario and the Corporation's continuing global optimization initiatives.
Government and business leaders are working to save or find a buyer for a Verso Corp. paper mill that shut down in June, laying off hundreds of workers.
Mondi Corrugated Solutions has launched the app to raise awareness of workplace safety rules in an accessible and entertaining way. The app entitled HEADS UP! is free to download for all Mondi employees and the general public.
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