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Recent Articles

Displaying 2176 - 2200 of 19102 articles

International Paper cutting about 650 jobs, 400 in Memphis
International Paper cutting about 650 jobs, 400 in Memphis

International Paper confirmed Wednesday the company will cut about 650 total positions, including around 400 in Memphis. The company said it will provide severance packages, outplacement assistance and mental health resources to all affected employees.

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Federal lawsuit alleges Willamette Falls paper laid off employees without proper notice
Federal lawsuit alleges Willamette Falls paper laid off employees without proper notice

A lawsuit filed on behalf of recently-laid off employees at Willamette Falls Paper Company -- which was once the largest employer in the city of West Linn -- alleges that the company failed to give the employees due notice that they were losing their jobs.

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UPM-Kymmene lowers full-year forecast
UPM-Kymmene lowers full-year forecast

UPM-Kymmene lowers its full-year 2024 forecast and now predicts that comparable operating profit will be in line with, or increase, compared to 2023.

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Metsä Fibre requests arbitration in dispute with Valmet Technologies
Metsä Fibre requests arbitration in dispute with Valmet Technologies

The arbitration relates to Metsä Fibre's bioproduct mill in Kemi, Finland, which started operations in September 2023.

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ABB technology helps set world record for fastest facial tissue production

Tissue producer Fine Hygienic Holding worked with partners including ABB to optimize its delivery for higher productivity, and the collaboration allowed the company to achieve a Guinness World Record for the highest production rate in 24-hour period. Al Nakheel Paper Mill in Abu Dhabi can now turn out 2,222 meters of top-grade tissue paper per minute.

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Solenis to Implement Price Increases in EMEA

Solenis, a leading global producer of specialty chemicals, will implement price increases of typically 4% to 10% across all product lines in EMEA, beginning November 1, or as contracts allow.

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RYAM Provides Update on a Fire at its Jesup Mill
RYAM Provides Update on a Fire at its Jesup Mill

While the Company continues to assess the financial cost of the incident, the EBITDA impact is currently expected to be in the range of $15 to $20 million, subject to any potential insurance recovery. The Company will provide further updates on its third quarter earnings call in early November.

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Stora Enso confirms temporary supplier payment delays
Stora Enso confirms temporary supplier payment delays

Stora Enso confirmed that it postponed its weekly supplier payments for a one-week period in both June and September 2024.

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UPM Raflatac Expands Operations with New Terminal in Toronto
UPM Raflatac Expands Operations with New Terminal in Toronto

This 30,000-square-foot facility extends service to Eastern Canadian customers and complements an existing network of three factories and two other terminals that collectively service North America-based customers.

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Metsä Group's 2025 Sustainability Awards submission window closes with 91 entries
Metsä Group's 2025 Sustainability Awards submission window closes with 91 entries

Metsä Group's tissue paper business, Metsä Tissue, has closed the window for entering the 2025 Sustainability Awards.

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Smurfit Westrock creates Quality solution to drive down emissions for Nestlé
Smurfit Westrock creates Quality solution to drive down emissions for Nestlé

Pioneering Better Planet Packaging tub for Quality Street to make its debut in Tesco this week.

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Sappi Europe joins Intergraf as an associate member strengthening industry collaboration and innovation
Sappi Europe joins Intergraf as an associate member strengthening industry collaboration and innovation

Sappi Europe recently announced that it has now joined Intergraf's group of 22 national member associations and 15 associate members across 25 countries, which will further its role in promoting the European print industry.

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Capital Arguments for October 2024
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Mondi completes €95 million investment to boost efficiency and sustainability at Świecie containerboard mill
Mondi completes €95 million investment to boost efficiency and sustainability at Świecie containerboard mill

As previously announced, upgrade increases Kraftliner production capacity by 55,000 tonnes per annum.

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Ahlstrom has signed an agreement to divest Aspa pulp mill in Sweden to Sweden Timber
Ahlstrom has signed an agreement to divest Aspa pulp mill in Sweden to Sweden Timber

Ahlstrom, a leader in sustainable fiber-based specialty materials, has signed an agreement to divest its Aspa pulp mill in Sweden to Sweden Timber. The agreement includes the pulp mill and all its operations. This is a key step in Ahlstrom's growth transformation journey, reinforcing the company's strategic commitment to sustainable specialty materials.

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NYSE to delist Enviva's stock by October 22
NYSE to delist Enviva's stock by October 22

The New York Stock Exchange will delist Enviva's stock by October 22, marking the final chapter in the company's dramatic fall from a market value of nearly $6 billion in 2022. The wood-pellet producer's financial troubles arose from a failed bet on pellet prices, pushing the firm into bankruptcy and wiping out shareholders.

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Mercer Peace River Pulp Ltd. in Alberta fined $1 million for unlawful deposit of effluent into the Peace River
Mercer Peace River Pulp Ltd. in Alberta fined $1 million for unlawful deposit of effluent into the Peace River

On October 11, 2024, at the Alberta Court of Justice, Mercer Peace River Pulp Ltd. (Mercer Peace River) was ordered to pay a $1 million fine after pleading guilty on September 4, 2024, to one count of violating the Fisheries Act.

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Metsä Group plans to end its plywood production in Suolahti
Metsä Group plans to end its plywood production in Suolahti

Metsä Wood, part of Metsä Group, plans to discontinue plywood production in Suolahti, Finland. The plan to end production at the Suolahti mill is based on its poor profitability.

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Suzano expands new bio-based material applications in China
Suzano expands new bio-based material applications in China

Suzano, the world's leading market pulp producer, announced new applications of its sustainable bio-based materials in China at the Suzano Bioeconomy Forum in Shanghai.

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Pregis Deepens Commitment to Giving Back by Expanding Inspyre Product Line
Pregis Deepens Commitment to Giving Back by Expanding Inspyre Product Line

Pregis® is expanding its dedication to making a positive global impact through its Inspyre product line and continued focus on social responsibility. At the heart of the Pregis Purpose is the drive to protect what matters, preserve the planet, and 'inspyre' change--a purpose that extends well beyond packaging.

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First ANDRITZ recycled fiber lines supplied to Bangladesh start up

International technology Group ANDRITZ has successfully started up two recycled fiber lines at Lipy Paper Mills Ltd. in Kanchpur, Bangladesh.

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Valmet issues profit warning

"The service market has developed somewhat slower in EMEA, China and Asia-Pacific than Valmet previously expected. In addition, market activity in process technologies for board and paper has been slower than previously expected and some customers have postponed their final investment decisions," the company writes in its press release.

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Judge rules AG's lawsuit against Canton paper mill owner Pactiv Evergreen can proceed
Judge rules AG's lawsuit against Canton paper mill owner Pactiv Evergreen can proceed

In May, Stein filed the lawsuit against the mill's Illinois-based corporate owner, arguing Pactiv Evergreen violated the terms of the incentives grant and calling for the $12 million in state funds to be returned. The company shuttered the mill in May 2023 resulting in hundreds of layoffs.

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Antalis signs binding agreement to acquire Plaesa in Spain
Antalis signs binding agreement to acquire Plaesa in Spain

Antalis has signed a binding agreement to acquire Plaesa in Spain, a specialist of technical packaging and conversion of made-to-measure packaging solutions.

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Rayonier Advanced Materials Jesup paper mill catches fire
Rayonier Advanced Materials Jesup paper mill catches fire

According to EMA Director Donnie Ray, the fire spread when a digester, the main equipment for making chemical paper pulp, caught fire. As of Friday evening, there are still active flames in the digester which processes wood chips.

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Displaying 2176 - 2200 of 19102 articles

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