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Verso Corp. Monday announced that its board had written shareholders in preparation for the company's Jan. 31 annual meeting. Verso wants shareholders to vote for seven nominees, holding fast against a large shareholder pushing for changes.
Northern Pulp says it's committed to the province and wants to operate in Nova Scotia for the long term.
Mondi said it would close operations at the Deeside Industrial Park, Flintshire, where 167 jobs are at risk, and in Nelson, Lancashire, with 41 jobs affected.
Last year on Nov. 8, workers at the mill were told the operation would permanently shut down due to logging costs, market conditions and policies as of Jan. 8, 2020.
Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.
It is not immediately clear what the company's decision to continue with the assessment process means for any potential long-term viability of the Northern Pulp mill.
Based in Combined Locks, Wisconsin, US, Midwest Paper specializes in paper manufacturing and distribution. It also supplies recycled containerboard used for corrugated packaging and recycled bag products.
According to a release sent by Ontario's Ministry of Labour, Training and Skills Development, the worker was using a loader to move bundles of wood when the incident happened.
Stora Enso has signed an agreement to divest its sawn construction timber (KVH) mill at Pfarrkirchen in Germany, to the fund LEO II. - VV1 GmbH, managed by the private equity firm Dubag Group.
WestRock has a total of five other locations in the St. Louis area, including one in the same vicinity of the facility they are planning on closing.
Feldmuehle GmbH has successfully completed the self-administration insolvency proceedings that began at the end of 2018.
Over the next three years, J.D. Irving, Limited (JDI) is forecasting over 6,800 full time hires as well as 2700+ student hires across the company's diverse operations in Canada and the U.S.
The Chilean Supreme Court fined local paper manufacturer CMPC and a division of Sweden's SCA for having colluded for at least a decade in the Chilean tissue and toilet paper market, the Chilean antitrust authority said Monday.
Pixelle Specialty Solutions has promoted Timothy R. Hess to Chief Executive Officer (CEO). Mr. Hess will continue to report to Steven J. Klinger, Executive Chairman of Pixelle.
The billion-dollar Visy Pulp and Paper mill near Tumut has set up constant fire patrols around its mill and is ready to implement an action plan to shut down its operation if the Dunns Road fire should threaten.
Universal Forest Products, Inc. announced it has completed the reorganization of its operations and is now operating as UFP Industries, a change announced in August 2019. The name UFP Industries more accurately describes the company today.
Sonoco announced it has completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for $187 million in cash.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
If the private equity firms win the election next month, it will likely pave the way for a merger of Verso and Twin Rivers and derail the $400 million sale of Verso mills in Jay and Stevens Point, Wisconsin, to specialty paper company Pixelle Specialty Solutions, the board warned.
The mill is planning to reopen sometime in January, Rob Baron, a president and the chief executive officer of Marcal Paper said in a statement on Monday. He did not provide a specific opening date, but said a merger with Pennsylvania-based Nittany Paper made the reopening possible.
A shooting has been reported Dec. 30 near the Georgia-Pacific paper mill in Pennington, Alabama.
LSC Communications, Inc. announced that it received notification from the New York Stock Exchange that the NYSE has determined to commence proceedings to delist the Company's common stock from the NYSE and that trading in the Common Stock on the NYSE has been suspended, effective immediately.
An affiliate of ND Paper Inc. could invest $49 million in a box plant in Racine County that would create 88 jobs, according to a Thursday announcement by the Wisconsin Economic Development Corp.
Layoff notices were handed out to employees at Northern Pulp on Monday in preparation for the closure of the company's mill on Jan. 31, 2020.
The European Commission officially decided to classify titanium dioxide in its powder form as a substance that is "suspected of causing cancer in humans.
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