Billerud's Board of Directors has decided to not proceed with plans to convert its Escanaba mill to cartonboard production. Instead, the company will target to shift its product mix gradually towards packaging materials in North America with a moderate investment level.
Brazilian pulp and paper company Suzano has been in talks with its advisers about sweetening its $15 billion acquisition offer for International Paper, people familiar with the matter said on Monday.
Following approval by the relevant authorities, the acquisition of NAF AB business by international technology group Andritz has been completed. This acquisition further strengthens the Andritz product portfolio in the field of process control and automation systems for pulp and paper mills and other process plants.
