DuPont and Corteva, previously the agriculture division of DowDuPont, will each contribute $12.5 million. Chemours, DuPont's former performance chemicals unit, will contribute $25 million.
Paperboard production at the Metsä Board Husum mill has resumed to normal production levels following a fire at the pulp mill's wood chip conveyor on 18 June.
A Brazilian judge has authorized pulp maker Paper Excellence to conclude the acquisition of Eldorado Brasil Celulose SA, the Brazilian company said in a securities filing.
Sappi says it's not pleased over the mayhem going on, so the Sappi Saiccor, Tugela and Stanger Mills in KwaZulu-Natal temporarily ceased production as of Monday 12 July. They will resume once it is safe and practical to do so. Work on the nearly completed Saiccor expansion and upgrade project was suspended as of Friday 9 July.
Verso does not intend to make any additional comments regarding the proposal or any other related matter or potential transaction unless and until it is appropriate to do so or a formal agreement has been reached.
The goal of the investment is to reduce the emissions and to ensure flexible use of different fuel mixtures in heat production, as well as to achieve better boiler performance and higher boiler efficiency.
