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BillerudKorsnäs has decided on streamlining their production structure through a closure of the paper machine in Tervasaari, Finland, latest during Q3 2016.
In a decision released Wednesday, the department said it has determined that U.S. imports of supercalendered paper from Canada have received countervailable subsidies ranging from 17.87 to 20.18 percent.
Workers at the Androscoggin Mill in Jay will find out soon who at the mill will lose their jobs, and the Maine Department of Labor and other agencies are working this week to provide relief for laid-off workers.
SCA and Wausau Paper Corp. announced today that SCA will acquire Wausau Paper for USD 10.25 per share or total consideration of US $513 million in cash.
Grupo Gondi and WestRock announced that they have agreed to combine their operations in Mexico to form a joint venture, creating a leading paper and packaging company in the country.
Lincoln Paper and Tissue has found a company willing to place an opening bid of $5 million in the upcoming auction for the bankrupt paper mill's machinery.
The moves also come shortly after FairPrice and 16 other firms were asked by the SEC to sign a declaration form stating that they did not carry products from the five companies being investigated for their possible connection to the forest fires in Indonesia.
A fire broke out inside a Glatfelter building Tuesday afternoon that had crews dousing hot spots for over an hour and a half.
Pratt Industries announced today its new $260 million recycled paper mill had started production in Valparaiso.
Port Hawkesbury Paper's old newsprint building will be torn down as the company moves forward with other ventures, including a proposed sugar extraction plant.
The Lincoln paper mill that filed for Chapter 11 bankruptcy Monday has lined up an initial bidder and will continue operations under a $2.3 million credit extension...
Officials with Expera Specialty Solutions blamed the closure on the declining value of the Canadian dollar, excess pulp supply in the marketplace and relatively expensive wood costs in Maine.
Company co-owner Keith Van Scotter said he expects the mill will be auctioned in 45 days, with a stalking horse bidder setting the price to beat. He said he did not know whether the potential buyers would operate or scrap the mill, the town's second-largest taxpayer and third-largest employer.
Canfor Corporation announced that it has entered into an agreement to purchase Anthony Forest Products Company located in El Dorado, Arkansas.
The company said the paper mill, which produces multilayered papers, boards and specialty papers used for protecting important documents, has been operating on a limited schedule for several months.
WorkSafeNB says a heavy-equipment operator died Wednesday when he was crushed while working at Twin Rivers Paper Company Inc.
Built and operated by Norampac, a division of Cascades, the Greenpac Mill employs 135 people.
Verso Paper confirmed that the New York Stock Exchange has suspended trading in Verso's common stock, effective immediately, and has commenced proceedings to delist the stock from the NYSE.
The NYSE has 45 days in which to evaluate Verso's listing compliance plan.
Mondi Group announced that it has agreed to buy German supplier Ascania from Schloss Neugattersleben Group, a private equity firm, for €54 million.
A Domtar employee was killed in a workplace accident Friday in Ashdown, Arkansas. Domtar officials say Velma Marie Perkins was killed in a rail car incident at the mill.
International Paper in Kenton, Ohio is opening a $70 million expansion of its existing facility. The expansion will allow the facility to produce more than six billion cups, lids, and cartons each year.
Arauco North America is investing $325 million to build the largest continuous press particleboard mill in North America.
The project has received $190 million in support from the Québec government.
Construction of the project is slated to begin in October 2015 and expected to be completed in September 2017.
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