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Canfor Pulp Products Inc. is announcing a minimum six-week curtailment of BCTMP production at Taylor Pulp in response to significant transportation shortages that have resulted in inventories at the pulp mill reaching capacity.
NORPAC has 30 days to pay or appeal the penalty.
Weyerhaeuser has 30 days to pay or appeal the penalty.
Boralex Inc. announces an agreement for the sale of the 34.5 MW Senneterre power plant in Quebec, Canada. The power plant has been purchased by Resolute Forest Products Canada Inc.
Clearwater Paper is examining opportunities in a potential consolidation of the private label tissue industry after losing $28 million in 2021.
Canfor Corporation has announced the permanent reduction of 150 million board feet of production capacity at its Plateau Sawmill to resize the facility and align it with the available, sustainable timber supply in the region following the devastating impacts of the Mountain Pine Beetle infestation and other constraints on the timber harvesting land base. The reduction in production capacity will be achieved through a partial plant closure and the elimination of one of the three production lines in the mill.
Carlyle will retain minority stake in the packaging company.
Menasha Packaging Company, LLC, a subsidiary of Menasha Corporation, announces it has signed an agreement to acquire the assets of Color-Box, a business unit of Georgia-Pacific, LLC. Terms of the transaction were not disclosed. The acquisition is expected to close in early summer 2022.
Georgia-Pacific has completed a $7 million upgrade at Diboll Lumber Mill in Texas that will modernize the mill and help increase its overall production. The capital project focused on the mill's boiler reliability and maintenance and the rebuild of two drying kilns.
Paper Excellence announced an indefinite production slowdown of its Meadow Lake, Saskatchewan BCTMP mill in Canada due to repeated lack of railway service.
Resolute Forest Products Inc. announced two separate transactions to grow and improve the competitiveness of its wood products business.
Stora Enso invests EUR 9 million in an automated CLT (cross-laminated timber) coating line at the Ybbs sawmill in Austria. The investment will further strengthen Stora Enso's position as a leading global provider of engineered wood products for low carbon, sustainable buildings.
The boards of Rottneros and Arctic Paper have decided to invest 15 million euro in a moulded fiber tray factory at Arctic Papers premises in Kostrzyn, Poland. The factory will be operated in a separate legal entity and as a 50/50 joint venture, in line with the LOI that was signed by the parties on October 22nd, 2021.
Asia Pulp & Paper (APP) Sinar Mas has confirmed that there has been a tiger attack in the concession area of one of its subsidiaries, PT. Satria Perkasa Agung (SPA), resulting in a fatality to an employee of a contractor on February 5, 2022.
Catalyst Paper's Tis'kwat mill has begun its indefinite curtailment in earnest, with many workers putting in their final day at the mill on February 4.
The Pratt facility is expected to produce 247,000 tons of containerboard in its first year of operation, with a gradual increase to 543,000 tons by the 10th year, staying at that production level until the bonds expire.
At least two workers were killed and another 15 sustained burns after a major fire broke out in Kasur's Bulleh Shah Paper Mills on Wednesday.
For 2021, Stora Enso is publishing one combined Annual Report covering our strategy, financials, sustainability reporting, corporate governance and remuneration.
Special Meeting of Verso Stockholders to Approve Merger Scheduled for March 11, 2022
After 14 years with Canfor, Alan Nicholl, Executive Vice President, Bio-Based Solutions & Pulp Operations, has accepted the role of Managing Director with Licella Holdings, Canfor's joint venture partner in Arbios Biotech (Arbios) effective April 2022. Alan will continue to serve as President & CEO of Arbios.
The project will begin operating in the first quarter of 2023, and aims to increment its production capacity of 80,000 tonnes of corrugated boxes per year to serve the growing fruit market in the northeast region of Brazil.
Northern Pulp has applied to the British Columbia Supreme Court to send its $450-million lawsuit against the province to mandatory mediation.
Ahlstrom-Munksjö, a fiber-based materials manufacturer officially began expansion to their Madisonville facility last week, a project which is expected to create 51 new, well-paying jobs, reportedly coming in at $35 per hour, on average. Those jobs are expected to begin in mid-2023.
McKinley Paper Company, a U.S. subsidiary of Mexico-based Bio PAPPEL, announced the purchase of Midwest Paper Group from investment fund IOP. Terms of the deal were not announced.
The Finnish Paperworkers' Union has today informed UPM that their strike at UPM's Finnish mills will be extended by three weeks until 12 March 2022, unless new agreements are reached before that. The Paperworkers' Union's strike at UPM Pulp, UPM Biofuels, UPM Communication Papers, UPM Specialty Papers and UPM Raflatac units in Finland started 1 January 2022. Currently, approximately 200 union members are working in tasks critical to society, such as power plants and water treatment facilities.
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