|
|
Four hundred workers are affected by the production shutdown which takes effect immediately.
A call around 12:30 p.m. Tuesday, Jan. 2, of a fire at the Georgia Pacific MDF plant in Mount Jewett brought volunteer fire departments from three counties in response.
UPM Steyrermühl was founded in 1868 and produced newsprint paper until the end of Q2 2023. Production capacity during the last years was 320,000 tonnes annually. The site also includes a sawmill with an annual timber capacity of 370,000 cubic meters.
MM Kwidzyn has completed the consultation process with trade unions and works councils. The company has taken the decision on the closure of the packaging kraft paper machine (PM3).
The Western Reserve Port Authority approved the sale of former steel mill property in the Warren and Howland area to the Kimberly-Clark Corporation, which plans to build something there.
In 2023, Georgia-Pacific, a major manufacturer of toilet paper and other paper-based products, reinvested some $2 billion into its operations. According to the company, the capital improvement projects include finishing new facilities and enhancing existing operations.
Overall, Primestone believes the Westrock transaction "risks deteriorating SKG's business profile" by creating a higher-cost, less integrated company whilst "increasing leverage for modest financial benefits for SKG's shareholders."
Following the announcement of the Napi mill closure in June this year, Stora Enso has systematically ceased all ongoing operations at the site.
UPM Biomedicals, the forerunner in producing high quality nanofibrillar cellulose for life science and clinical applications, has signed an extensive distribution agreement for GrowInk™ bioinks with Brinter Inc, a Finnish-US medtech/biotech company focusing on the development of cartilage implants using their patented 3D bioprinting technology.
A man is dead after allegedly attempting to steal copper from paper mill in Victoria's east.
One Georgia-Pacific employee had to be treated at the scene, but that was the only injury according to officials.
Borregaard will co-invest with the European Innovation Council Fund and several other public and private investors in a direct offering of new shares in the Danish bioscience company Kaffe Bueno ApS. In total, Kaffe Bueno will raise EUR 6.2 million in new capital from the direct offering. After the transaction, Borregaard will hold 12% of the shares in Kaffe Bueno, with an investment of EUR 3 million.
Kronospan announced the closing of its purchase of Roseburg's Simsboro, Louisiana, particleboard facility following the expiration of the required regulatory review period. Ownership of the plant has been transferred from Roseburg Forest Products to Kronospan.
Chilean industrial conglomerate Empresas Copec announced on Wednesday that it has agreed to sell some of its forestry businesses to Brazilian pulp and paper company Klabin in a deal worth some $1.16 billion.
Rayonier Inc. announced the completion of its previously announced disposition of 55,000 acres of timberland in Oregon to Manulife Investment Management on behalf of clients for $242 million (~$4,400 per acre), subject to customary prorations and closing costs.
Resolute FP Canada Inc., a producer of wood, pulp, tissue and paper products, operates the Ignace Sawmill. On March 28, 2022, an industrial electrician was attempting to repair a photo-eye on a debarking machine.
Salinas Fire crews are cleaning up after a fire destroyed the Georgia Pacific Packaging building in South Salinas Dec. 15.
Mark Holbrook began his career 25 years ago with Scott Paper and continued to progress to more senior positions within Kruger Products.
Metsä Group is exploring possibilities to construct a carbon capture facility at one of its pulp or bioproduct mills. The investigation is a continuation of the work initiated in the spring, in which Metsä Group and Fortum jointly studied the capture of wood-based carbon dioxide and its use in the chemical industry and hydrogen economy, for example.
Cascades Inc., a leader in the recovery and manufacturing of eco-friendly packaging and hygiene products, announced that Alain Lemaire will step down from his role as Chairman of the Board of Directors at the Company's annual general meeting, to be held in May 2024, and that Patrick Lemaire will succeed him. Alain Lemaire will continue to sit on the Board as a director.
On Friday, his business group Royal Golden Eagle (RGE), unveiled an offer to take over Vinda International Holdings by buying shares in the Hong Kong-listed tissue maker at a premium price. Major shareholders of the company, Swedish personal care product maker Essity AB and Vinda's founder Li Chao Wang, who represent about 72.63% combined ownership in the company, have agreed to the offer.
Elgin, IL facility brings new capacity for sheets, brown shippers, and graphic packaging under one roof to support the company's growth throughout the Midwest.
Essity continuously evaluates its various businesses to increase long-term value creation. In the strategic review of Consumer Tissue Private Label Europe it was concluded that the business as a result of the implemented divisionalization, is a competitive and value-creating part of Essity.
Crews arrived to find the fire was spreading from the attic into the roof and a second alarm was declared.
Rottneros AB, one of the world's leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials.
|
|
|
|
