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Major Japanese paper packaging material producer Rengo Co. will acquire a 25 percent stake in a leading containerboard material maker in the Philippines to tap growing local demand.
Sonoco Products Co. said Monday that Chief Executive Robert Tiede has retired, after about 21 months in the role, and about 16 years with the company.
Verso Corporation and Lapetus Capital II LLC (together with its affiliates, including Atlas Holdings LLC, "Atlas") and Blue Wolf Capital Advisors IV, LLC ("Blue Wolf") and their respective affiliates, announced that they have reached an agreement to settle the pending proxy contest with respect to the Company's 2019 Annual Meeting of Stockholders (the "Annual Meeting") and certain other matters.
An explosion is being investigated at ARAUCO in Crawford County.
The Board will now initiate a recruitment process for a new President and CEO.
The proposed merger, which was announced in May 2019, had been set to expire on Feb. 1.
UPM takes the next transformative growth step and enters the biochemicals business by investing in a biorefinery at Leuna, Germany.
Quad/Graphics Inc. plans to sell its Omaha packaging plant for $40 million to Atlanta-based Graphic Packaging International while also continuing investments in other packaging operations.
Georgia-Pacific announced that it will make an investment of more than $145 million at its Darlington, South Carolina, Dixie plant that will expand plate and bowl making operations. This investment is based on customer and consumer demand for these well-known household products.
Graphic Packaging Holding plans to purchase 15.1M partnerships units in Graphic Packaging International Partners from International Paper for $250M.
The mill currently employs 236 people with an annual production capacity of 240,000 tonnes of newsprint paper.
A financial analyst says the long-struggling Canadian newsprint industry has even tougher times ahead given recent events including a potential anti-dumping investigation in India.
Some 9,000 workers at Finnish paper mills will start a three-week strike on Monday after wage talks broke down, their labor union said in a statement, the latest in a series of labor conflicts to hit Finland.
Verso seeks state and city aid as it looks to make a costly shift.
UPM is among the first global forest industry companies making this commitment.
Italian tissue manufacturer Sofidel Group anticipates an early June grand opening for its $360 million facility in Inola, Oklahoma a spokesman for the company said.
Georgia Pacific announced news last week that now makes many believe there is still a future for the plant in the region. They plan to invest $37 million into operations at the Crosset
Kotkamills, a manufacturer of fully recyclable barrier boards, has signed a significant collaboration agreement with Lavazza Professional.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
Atlas/Blue Wolf's Continuous Refusals to Enter Customary Confidentiality Agreements and Desire to Continue Trading Verso Stock Underscores Company's Concerns
Corrugated box facility expected to bring 170 jobs.
Company wants decision quashed and costs awarded.
CatchMark Timber Trust, Inc. announced that Brian M. Davis, previously President and CFO, will succeed Jerry Barag as the company's next CEO and join the company's Board of Directors, effective immediately.
McKinley Paper Company is expected to be running at full capacity at the former Nippon Paper Industries USA plant in March, three years after operations ceased at the 100-year-old Ediz Hook mill.
Ducks Unlimited Canada (DUC) and Louisiana-Pacific Building Solutions (LP) announced the signing of a new, 10-year agreement that will positively impact more than 6.2 million acres of Manitoba's boreal forest, an area larger than the state of Vermont and about half the size of Nova Scotia.
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