Recent Articles

Domtar is a separate company from APP with its own management structure and governance. Domtar and APP will remain distinct entities, with no operational overlap and independent governance structures.

Irving Paper will once again shut down 50 per cent of its operations beginning Monday December 2nd in response to NB Power's record high industrial electricity rates, and remain down for at least a week.

Swedish pulp and paper company Billerud announced it's investing in upgrades worth 1.4 billion Swedish kronor, about $127 million, at its U.S.-based production facilities. The majority, worth about $109 million, will go toward its graphic paper mill in Escanaba, Michigan, where earlier this year the company canceled a project to convert the plant into a cartonboard production facility.

VTT Technical Research Centre of Finland, in collaboration with Aalto University and Finnish industrial partners, has developed a new technology for shaping cardboard in a unique continuous process to create reel-to-reel origami-inspired structures for fibre-based packaging materials.

The new authorization replaces and supersedes the Company's existing $100 million share repurchase authorization.

Södra is proud to announce that our cross-laminated timber (CLT) is now available on the innovative software platform, CLT Toolbox. This collaboration allows engineers and architects to easily design and optimize sustainable and efficient timber constructions using Södra's CLT.

Due to the rising costs of raw materials and production driven by inflation, along with ongoing efforts to comply with sustainability regulations, production expenses have significantly risen and necessitated the price increase.

The company's lenders agreed to eliminate the escrow after a Brazilian court ruled in its favor. The ruling--covering two-thirds of the amount disputed in several proceedings--is subject to appeal.

The American Chamber of Commerce in Italy has presented Sofidel with the 2024 Transatlantic Award. It is the third in the Group's history.

Ahlstrom, a global leader in fiber-based specialty materials, has acquired ErtelAlsop, a New York based manufacturer of high-performance liquid depth filter media serving end-markets in the pharmaceutical, food & beverage, flavors and fragrances, and chemical industries.

Visy partnered with two solar energy companies on the initiative, which aligns with Visy's ongoing commitment to sustainability.

Communications Advisor for Tolko Chris Downey said this temporary downtime is due to high fibre costs, poor weather conditions during the harvesting season, and the weak North American lumber and plywood markets.

UPM Raflatac has made further progress towards a more circular economy for plastics and a future beyond fossils during 2023.

Newly launched proprietary marketing and e-commerce platform is more accessible, automates workflows, and streamlines processes for a cost-efficient end-to-end solution.

The delivery will take place during the mill's annual shutdown in the fourth quarter of 2025.

Mikael Mäkinen, Chair of the Board of Directors, and Jaakko Eskola, Vice-Chair of the Board of Directors, have informed Valmet's Nomination Board that they will not be available in the election of the Board of Directors in the next Annual General Meeting.

Approximately 1,600 employees were included in the scope of the change negotiations. As a result of the negotiations, a reduction of a maximum of 88 positions will take place.

Metsä Group's Metsäverkko service will feature a new carbon calculator to help forest owners understand their forests' carbon storage and carbon sinks.

Officials say no injuries or fatalities were reported.

Twelve units and 60 firefighters were able to bring the fire under control just after 8 p.m., said the FDNY. EMS units were also on scene.

The expansion works at the industrial complex located in the state of Durango include a new impregnation center and a melanin line, which will supply value-added products to the subsidiary's eight plants in Mexico, the United States and Canada.

Susanna Rinne has been appointed as interim Executive Vice President of UPM Plywood business area, effective 1 January 2025. As announced earlier, the current Executive Vice President of UPM Plywood, Mika Kekki, has been appointed to lead the UPM Specialty Papers business area starting from the same date.

The Human Resources Department serves in a defensive role in most companies. Its purpose is to keep the company from being sued and to tamp down disturbances amongst the employees. At least that is the way I see it. But read on, there is a bit more.

The number of positions affected is 154.

Magnera is formed from the spinoff and merger of Berry's HHNF Business with Glatfelter.