The plan is to break ground this spring with a completion date in the fourth quarter of 2021. The expansion will house new box converting equipment, which will provide additional production capabilities. Final approval is pending upon notification of a tax abatement.
This achievement indicates that Sappi Southern Africa's forest management practices meet the requirements for sustainable forest management set out in the PEFC-endorsed standard for South Africa, SAFAS (Sustainable African Forest Assurance Scheme).
BillerudKorsnäs will invest in a new recovery boiler at the Frövi mill in Sweden. The total investment is estimated to SEK 2.6 billion ($313 million) and the new recovery boiler is planned to be in operation at the end of 2023.
Domtar Corporation announced that John D. Williams, President and Chief Executive Officer, has contracted the Covid-19 and is taking a temporary medical leave of absence.
Stora Enso has decided to permanently close its US-based Virdia operations during 2021. Virdia was acquired in 2014 and has focused on conversion of cellulosic biomass from sugar cane bagasse into refined sugars.
Solenis will increase prices by 5 to 20 percent on all sizing product lines across the EMEA and Asia Pacific regions, effective immediately or as customer contracts allow.
