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Sean McLaren, currently the Company's President, Solid Wood, will become the Company's Chief Operating Officer.
The investment is a further step in Holmen's strategy to grow the wood products business and contribute to the green transition. This will increase the production at Iggesund Sawmill by 20 per cent as well as adding construction timber on top of its joinery products range.
Wynnchurch Capital, L.P., a leading middle market private equity firm, announced that it has acquired the thermal coating business assets of Appvion Holding Corp. and its subsidiaries.
Rayonier Advanced Materials Inc. announced that its Board of Directors elected Vito J. Consiglio to succeed Paul G. Boynton as President and Chief Executive Officer and Board member effective January 1, 2022. Mr. Boynton, who has served as President and CEO since the Company's spin-off in 2014, announced his decision to retire from the Company, and, as part of the leadership transition, he will assume the role of Vice Chair of the Board until the May 2022 Annual Meeting.
Firefighters responded to the International Paper Company Monday morning after a tank behind the business caught fire and exploded.
A total of 106 employees are now at risk of redundancy, although the company said it is trying to relocate as many staff as possible to alternative sites, including one in Deeside.
After 206 employees lost their jobs at tiskʷat mill, Powell River is looking into new ways to get it up and running.
ND Packaging has officially opened its 350,000 Sq. Ft. corrugated packaging plant in southeastern Wisconsin. At full operation, this new facility will add more than 80 full-time job to the region.
Sustainable Development Technology Canada (SDTC) has awarded Red Leaf Pulp Ltd. $3.8 million to commercialize an innovative and game-changing pulping technology using wheat straw and other sustainable agricultural resources along with wood-based pulp in traditional applications.
Northwood and Taylor operations affected.
The approval formally recognizes International Paper as a leader in the low-carbon transition, and makes the company one of the first North American organizations in the paper and packaging industry with approved targets, joining over 1,000 others across industries and around the world.
Sustana is a leading manufacturer of specialty recycled fiber and sustainable packaging and paper products.
Chatham Asset Management on Monday raised its offer for RR Donnelley & Sons Co to $10.25 per share, hours after the printing company reaffirmed that it was sticking to a merger with investment firm Atlas Holdings.
Paper Excellence earlier announced a temporary curtailment of the Catalyst mill in Powell River, due in part to the additional supply chain interruptions caused by recent flooding, which followed a more long-term supply chain disruption caused by a global pandemic. But in a news release, Paper Excellence says it is shutting the paper mill down indefinitely, and will explore other uses for the land and facilities.
West Fraser Timber Co. Ltd. announced that the U.S. regulatory review has been completed and the other closing conditions have been satisfied. The company is proceeding to close the acquisition of the Angelina Forest Products lumber mill located in Lufkin, Texas.
Paper Excellence, the company behind the restart of the local pulp mill, announced Tuesday it has signed an agreement with One Sky Forest Products to operate its new oriented strand board (OSB) operations at the existing Prince Albert mill site.
The WestRock Paper and Packaging Company in Columbus, experienced a small blaze on Tuesday afternoon, Nov. 30. The Columbus Fire Department (CFD) responded at approximately 4:00 p.m. to the report of a machine on fire.
No workers or emergency responders were injured in a machine fire that grew to a three-alarm blaze at the Packaging Corporation of America facility in Harrisonburg late Tuesday night, Nov. 30, according to Michael Parks, city spokesman.
The corrugated container business in Vietnam Oji group set "expansion of overseas business" as one of the major pillars to strive towards the realization of an innovative value-creating company.
Resolute Forest Products says Irving got favourable treatment after phone call with Trump cabinet secretary.
Chatham Asset Management on Monday raised its offer for RR Donnelley & Sons Co to $10.25 per share, hours after the printing company reaffirmed that it was sticking to a merger with investment firm Atlas Holdings.
Around 220 employees have been temporarily laid off at two West Fraser pulp mills.
As part of Georgia-Pacific's commitment to maximizing long-term value for our customers and the company, GP has agreed to sell its chemicals business to Bakelite Synthetics. Georgia-Pacific's chemicals business is highly complementary to Bakelite's existing platforms in the United States and Europe and a natural fit with Bakelite's world-class formaldehyde-based specialty phenolics resin business.
The company noted that under the Atlas agreement, it would be required to pay a $20 million termination fee and reimburse any expenses to Atlas if the company terminates the agreement.
Ongoing trade dispute goes back decades.
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