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Massimo Reynaudo has been appointed President and CEO of UPM-Kymmene Corporation as of 1 January 2024. Jussi Pesonen will continue as the President and CEO until 31 December 2023, after which he will work as an advisor to the Company and its management until he will retire from UPM on 30 April, 2024.
Atlanta-based Hood Container is cutting 88 jobs at its Matthews facility, according to a Worker Adjustment and Retraining Notification Act (WARN) filed recently with the North Carolina Department of Commerce. The layoffs are effective Dec. 19.
Boise Cascade's Building Materials Distribution (BMD) division has completed the purchase of a new 120,000 sq. ft. warehouse and distribution facility in West Palm Beach, Florida.
The paper mill in Crofton will not resume operations until the end of November at the earliest, meaning 70 workers will not be back on the job until December.
Metsä Group is conducting a pre-study related to the construction of a first commercial mill for producing Muoto packaging products on its Rauma mill site, Finland. The goal is to determine the mill's technical feasibility and economic profitability.
The number of UPM employees affected is 401. Graphic paper production on the two machines is expected to end on 15 November (PM 11) and on 22 November (PM 1), reducing the coated and uncoated publication paper capacity by 595,000 tonnes in Europe.
Ilim Group presented to Chinese partners its new pulp and paperboard mill (the KLB Mill) in Ust-Ilimsk, Russia. The Mill's output will reach 600 thousand tons of kraftliner per year. Thereby, Ilim's aggregate exports to China will surge to 2.4 million tons per year.
Sofidel has opened an automated warehouse at its plant in Ciechanów, Poland. The new 11,000 m2 warehouse can handle 32,000 pallets of goods and is designed to ensure higher efficiency and safety standards.
An environmental group has accused Weyerhaeuser of violating the Clean Water Act by discharging wastewater and stormwater containing pollutants from its lumber mill near Raymond, Wash.
A move by RGE could add a new dimension to the bidding for Essity AB's 52% stake in Vinda, which has drawn bidders such as Suzano SA, the world's largest producer of hardwood pulp from Brazil. Buyout firms Bain Capital, CVC Capital Partners and DCP Capital also advanced in the process, it was reported in August.
The actual demolition will start in early 2024 and the project will run until 2025.
According to reports, most of the money will go toward new machinery and equipment for the facility.
IP announces plans to permanently close its Orange mill and to permanently cease production on pulp machines in Riegelwood and Pensacola.
The agreement alleges that Evergreen failed to control hazardous air pollutants at its facility, did not meet fuel specifications for boilers and failed to close washer windows/hoods during operation. Evergreen Packaging must pay a civil penalty of $256,973, according to the release.
Arauco, a forestry company linked to the Angelini Group, reported this Tuesday morning Oct. 18 the layoff of about 300 workers nationwide.
Union members at Woodland Pulp in Baileyville, Maine, who went on strike just a few days ago, claim that two people on the picket line were hit by a vehicle.
Flames broke out at a Pactiv Evergreen facility in Hazle Township just after midnight early Wednesday morning, Oct. 18.
There was no report of any injuries, and no information on damages.
Ennis, Inc., is pleased to announce its acquisition of Eagle Graphics, Inc. from Annville, PA and Diamond Graphics, Inc. from Bensalem, PA.
Rayonier Advanced Materials Inc. announced that it has engaged Houlihan Lokey as its financial advisor to explore the potential sale of its paperboard and high-yield pulp assets located at its Temiscaming site.
Up to 1 million boxes will be made each day at Visy's new corrugated cardboard box factory in Hemmant, Queensland.
Metsä Tissue will aim to have fossil free mill fleet by 2030 and accordingly it has stopped using coal as an energy source in its Kreuzau's mill in Germany. Since September 2023 the Kreuzau mill in Germany has been replacing the use of fossil-based lignite by wood pellets in the mills heat production.
Sappi Europe completed a consultation process on the closure of Stockstadt mill in Germany and agreed on the social plan for the employees. In addition, an agreement has been signed for the sale of the site. The closure of the site should be completed during the first calendar quarter of 2024. Once all closure elements are taken into account, the impact is expected to be cash neutral.
Norske Skog has completed a transaction for the sale of the Tasman mill industrial site and remaining mill assets to the Australasian pulp, paper, and packaging group Oji Fibre Solutions
The $17.7 million investment is expected to create 30 new jobs.
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