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Widjaja's pulp business Paper Excellence agreed to buy Eldorado from J&F Investimentos, the Batistas holding company which also controls JBS. The deal in now in arbitration in Brazil after the two groups could not complete the second stage of the acquisition.
The acquisition strengthens Quad's one-of-a-kind integrated marketing solutions offering that helps brand owners and retailers reduce complexity, enhance process efficiencies and improve marketing spend effectiveness across all media channels.
Pixelle Specialty Solutions became the largest specialty papers producer in North America after finalizing its acquisition of two specialty papers mills from Verso Corporation.
Pinnacle Renewable Energy ("Pinnacle") announced that Rob McCurdy has notified the сompany's Board of Directors of his intention to retire as the CEO of Pinnacle. McCurdy has served as CEO and as a member of Pinnacle's Board of Directors since 2012.
DS Smith and Keep Scotland Beautiful have teamed up on the Cup Movement® - an initiative designed to offer coffee cup recycling in the Greater Glasgow area.
Already nearly 70% of product portfolio consists of fiber-based products.
Talks are ongoing regarding the repayment of millions of dollars in outstanding loans owed to the province by the mothballed Northern Pulp mill, Nova Scotia's premier said Thursday.
Pratt plans to take advantage of the modern online landscape and reach $10 billion in revenue in Australia and the United States by 2026.
The proposed settlement requires the same fine and the same amount of money spent toward supplemental environmental projects, but the projects are no longer required to address hydrogen sulfide emissions.
Norske Skog has entered into an agreement to sell its Tasmanian forest assets to a fund controlled by the Australian based investment manager New Forests Pty Ltd.
Following the sale of the Specialty Papers business in 2018, Glatfelter no longer has any manufacturing presence in York and reduced its Pennsylvania workforce by over 90 percent.
As previously informed, the Finnish Paper Workers' Union, together with some other trade unions in Finland, started a three-week strike on 27 January, impacting Finnish forest industry and all Stora Enso's operations in Finland, including Anjala, Oulu and Veitsiluoto mills.
Following the announcement released on 29 January 2020, the Lecta Group (as defined below) is pleased to announce the completion of a comprehensive recapitalisation transaction (the "Recapitalisation"), as initially announced on 24 September 2019.
A serious workplace accident occurred at Valmet's site in Ovar, Portugal, on Friday, January 31, 2020. The accident caused fatal injuries to a Valmet employee. Valmet has initiated an incident investigation, in co-operation with the authorities.
Northern Pulp got the province's official blessing to continue using Boat Harbour for another three months.
A North Jersey paper mill is operating again, a year after a massive fire destroyed most of it.
A firefighter who was taken to the hospital while battling an explosion at the Arauco plant in Crawford County is expected to be released from the hospital.
Verso stockholders approved the sale of two mills as part of a $400 million deal during an annual meeting of shareholders last week.
Austrian fibres producer Lenzing said on Tuesday its plant in China was currently working at 80% of capacity due to the spread of the coronavirus but added that uncertainty could lead to a forced shutdown at any time.
Central National Gottesman Inc. (CNG), a leading sales and marketing organization in the global pulp, paper, packaging, tissue, wood products and metal industries, announced today that its Spicers Canada division has acquired the assets and business of All Graphic Supplies, expanding its position in the distribution of wide format and digital equipment, supplies and ink.
Arauco announced that it will be closing its particleboard line in Moncure, N.C., as of April 2020. Arauco's Moncure medium density fiberboard (MDF) line will be integrated with a moulding line to create an advanced MDF millwork operation.
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.
An explosion is being investigated at ARAUCO in Crawford County.
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.
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