Recent Articles

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.

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.

William Douglas Gregg was killed in a workplace accident at the J.D. Irving Sawmill in Feb. 2016.

Norske Skog has commissioned Voith to convert the PM 1 at its Golbey mill in France to the production of recycled packaging papers.

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.

The delivery will include new machinery, rebuilds and automation in the pulp drying line and reel system in the existing paper machine PM15.

The new line will add 70,000 tons of tissue to their current production of facial, toilet and towel tissues.

State environmental officials are accepting public comment until July 27 on an application that allows for a modest increase in pulp production at Verso's mill in Quinnesec, while allowing the maximum release of some air pollutants to rise by hundreds of tons per year, including a doubling of particulate matter.

PotlatchDeltic Corporation has announced several changes to its Idaho Recreation Program.

Mondi Group, a global leading global packaging and paper company and the International Union of Forest Research Organizations (IUFRO), announce a three-year partnership to identify science-based viable responses to climate-related threats to forests and forest-based industries.

Sappi Limited, a leading global provider of powerful everyday materials made from woodfibre-based renewable resources today announces its partnership with EcoVadis, a global leader in third-party evaluations of business sustainability performance. The two companies will collaborate to assess the sustainability performance of Sappi's suppliers through proactive ratings and evaluations using EcoVadis' methodology.

Atlas Holdings LLC, in a filing with the Securities and Exchange Commission said the company is offering $20 per share for Verso's outstanding stock shares, buying out Verso entirely. The estimated value of the company is $866 million, according to Atlas Holdings.

PotlatchDeltic Corporation announced the appointment of Ashlee Cribb as Vice President, Wood Products effective July 28. Ashlee succeeds Tom Temple, who will be retiring later this year.

Production will take place mainly at Lecta's Condat mill in France.

Interfor Corporation has completed the previously announced transaction to acquire four sawmill operations from Georgia-Pacific, located in Bay Springs, Mississippi; Fayette, Alabama; DeQuincy, Louisiana and Philomath, Oregon.

The papers offer the highest possible quality in digital colour printing and provide customers the choice between different long-sheet applications, (personalised for each customer), both in large scale or single items.

The Nez Perce County Commission voted 2-0 Thursday to deny a request by Clearwater Paper to lower the value of its Lewiston mill by more than $100 million.

Sens. Kirsten Gillibrand and Charles Schumer wrote a joint letter to Mario Plourde, president and CEO of Quebec-based Cascades, saying "the contractual negotiations must be done in good faith in the effort to forge a fair contract and working conditions."

Paper Excellence, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, announced that Paper Excellence and its subsidiaries ("Paper Excellence") have received a debt commitment letter from leading financial institutions for the commitment of an aggregate of $1.95 billion of financing.

Indianapolis will provide a central location from which Truvant can service 75% of the North American marketplace in less than 24 hours.

According to a release from the Governor, the bill would require the governor to allocate $65 million in federal funds under the American Rescue Plan Act to finance the purchases of the Verso Paper Mill in Wisconsin Rapids and the Park Falls Pulp and Paper Mill in Park Falls.

If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!

Forestry.com, a Swedish forestry news source, stated in a recent article a draft of the EU commission's upcoming forest strategy regarding future forests has leaked and that a Swedish news source "Dagens Nyheter" made the forest community in Sweden aware of it.

Weyerhaeuser Company announced the completion of the sale of 145,000 acres of timberlands in the North Cascades region of Washington to Hampton Resources for $266 million.

Södra's second production facility for cross-laminated timber is scheduled for completion by mid-2022. The facility will be able to deliver framing materials for 4,000 homes per year, which is ten times the current output of Södra's existing facility at Värö.