Leading Stories

The planned program amounts to approximately Euro 100 million and the related investments are to be carried out over the period of next five years.

Carbon Capture Pilot at Vicksburg Containerboard Mill: Vicksburg, Mississippi

Under UK takeover rules, Mondi now has until March 7 to "put up or shut up" -- in other words, make a firm offer or walk away -- unless the deadline is extended with the consent of both parties.

Canfor Pulp president and CEO Kevin Edgson says the new owner is committed to repurposing the site and developing a long-term plan that will benefit the community.

No injuries were sustained in the incident.

Mill underwent deep-cleaning, maintenance, major repairs, significant projects.

Amcor, a global leader in consumer packaging, has announced a major restructuring plan in response to a significant drop in consumer demand. The company has slashed 2,000 jobs, which equates to 5% of its worldwide workforce, and is in the throes of shutting down nearly 10 factories across the globe.

As part of its ongoing commitment to relentless innovation and product development, Quad, a marketing experience company, acquired North Carolina-based DART Innovation, an in-store digital media solutions provider.

The building the tractor-trailer was attached to suffered severe water damage.

Combination creates a large-scale global franchise with an industry-leading solution set serving attractive, growing specialty materials markets.

The mill has the capacity to produce 65,000 metric tons per year of bath, napkin and towel grades of tissue.

The plant manufactures corrugated board and boxes.

A conveyor belt carrying shredded wood chips at a Skowhegan paper mill caught fire Saturday morning, Feb. 3, prompting a wide response from local fire departments.

The closure is expected to impact 55 employees.

"Canada is extremely disappointed that the U.S. Department of Commerce has signaled its intention to significantly increase its duties on softwood lumber from Canada," International Trade Minister Mary Ng said in a statement.

The Lakeview mill will go from two shifts down to one 50-hour shift per week.

Smurfit Kappa is set to invest €54m to double the capacity of its bag-in-box plant in Alicante, Spain.

Stora Enso said it could lay off about 1,000 employees this year as part of a profit improvement plan, as the Finnish forestry firm and rival UPM-Kymmene both forecast a slow start to 2024 on Thursday.

Carbon removals and renewable energy company Drax Group has announced a new partnership with Molpus Woodlands Group (Molpus). The agreement will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with carbon capture and storage (BECCS) operations in the US Southeast.

An energy transformer issue knocked out main power to the company's Lavington operation about eight weeks ago, and Tolko reported a replacement has been sourced, installed and energized. As of Monday, the site was safely back on line.

To maintain its strong position and develop an even more competitive industrial structure over time, Södra Wood is consolidating its sawn timber operations. The aim is to achieve economies of scale by relocating production volumes to Södra Wood's larger production units. 

Since SCA's unique electric timber truck was put into operation in June 2022, it has covered a distance of 4,600 kilometers, equivalent to more than one lap around the globe.

Sonoco Products Company announced that certain of its subsidiaries entered into a definitive agreement to sell its Protective Solutions business to Black Diamond Capital Management, LLC ("Black Diamond") for an estimated $80 million in cash.

According to a company statement, two contractor employees were injured while working on a chip conveyor tunnel.

This decision affects approximately 75 employees.