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Celadon Development Corp. said it has already opened a processing facility in coastal Georgia and plans to build a facility that will produce 450,000 tons of pulp per year. A second phase doubling production to 900,000 tons per year could come later, depending on demand, according to CEO Tim Zosel.
Chatham offered to buy Donnelley for $7.50 a share in October, but Atlas Holdings has since offered to buy the company for $8.52 a share.
The second version of the 'Mill Bill' which would seek to provide state funding to help the purchase of the Verso and Park Fall paper mills passed near-unanimously in the Assembly Thursday.
The Alabama Department of Environmental Management, or ADEM, has confirmed that there were no environmental impacts identified in relation to a weekend incident at a Prattville paper mill.
Authorities said a fire at an International Paper facility early Tuesday morning was contained to one machine, but that did not stop the entire building from filling up with smoke.
Georgia-Pacific has begun construction of a $50 million distribution center in De Pere.
As part of the transaction, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company, for a total combined transaction value of approximately $6.5 billion.
Flames broke out at the log yard at West Fraser's WestPine MDF plant near Quesnel, B.C., at 2 p.m.
The Hämeenkyrön Voima power plant, from which Metsä Board's Kyro mill buys energy, has replaced the peat it burns with renewable energy.
Crews are assessing the damage to determine the steps needed to resume partial and full operations. The mill is completely shut down in the meantime.
Firefighters said the man died on the lift while it was still nearly 40 feet in the air.
The new allegations come as New-Indy Containerboard remains under federal and state orders to reduce hydrogen sulfide emissions at its Catawba mill.
The coroner has identified the victim as Felix Esqiulin Pomales, 35, of Charlotte, North Carolina. According to the coroner, Pomales was attempting to bolt two large steel beams together, when one of the beams toppled over and struck him.
Thousands of logging, sawmill and pulp and paper mill jobs may be lost in B.C., if the 2.6 million hectares (6.4 million acres) of old growth being made off-limits to logging through temporary deferrals become permanent, warn forestry sector industry groups.
A Green Bay company announced its new water system that wouldn't discharge a single drop of wastewater into the Fox River.
Some of Clearwater Paper's tissue operations, including those in Lewiston, might be temporarily idled in upcoming weeks as the manufacturer works to match production with volatile demand.
Clayton, Dubilier & Rice completed the previously announced combination of Fort Dearborn Company and Multi-Color Corporation, creating the world's largest prime label supplier by revenues. Terms of the transaction were not disclosed.
Firefighters were called to put out a blaze at the Georgia-Pacific paper mill in East Baton Rouge on Friday.
R.R. Donnelley & Sons Company announced that it has entered into a definitive merger agreement to be acquired by affiliates of Atlas Holdings LLC ("Atlas"), which operates a global family of manufacturing and distribution businesses, in an all-cash transaction with a total enterprise value of approximately $2.1 billion.
Graphic Packaging announced its intent to acquire AR Packaging Group AB on May 14, 2021.
BillerudKorsnäs has agreed with the British investment firm Inspirit regarding the divestment of the Beetham mill. The transaction has been completed. The purchase price corresponds to an equity value of around SEK 30 million.
Rengo announces that Vina Kraft Paper, its joint venture in Vietnam, has decided to construct a new production base for containerboard.
Essity has acquired Johnson & Johnson Consumer Inc.'s professional sports tape brands Coach, Elastikon and Zonas, which are established premium products in the US market.
Pregis, a leading global manufacturer of protective packaging, celebrated production start-up at its new 265,000 square foot manufacturing facility in Arlington, Texas with a ribbon cutting attended by the city's mayor The Honorable Jim Ross.
The modernisation of the Metsä Board Kyro mill's finishing area has now been completed and the finishing line with new advanced equipment has started up. During the mill's annual maintenance shutdown in October, a new state-of-the-art reeler and winder were installed on the production line, and the reel broke handling system was significantly upgraded.
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