Kadant Inc. has entered into a definitive agreement to acquire Syntron Material Handling Group, LLC and certain of its affiliates ("Syntron") from entities affiliated with Levine Leichtman Capital Partners for approximately $179 million in cash, subject to certain customary adjustments.
The European Commission has approved the acquisition of joint control over a newly created joint venture combining Solenis and BASF's global paper and water chemicals business ("BASF DOM") by BASF SE of Germany and Clayton, Dubilier & Rice, Inc. ("CD&R") of the US.
American Forest & Paper Association President and CEO Donna Harman issued a statement regarding the Environmental Protection Agency and Army Corps of Engineers announcement of a new proposed Waters of the United States (WOTUS) rule.
A Chicago federal appeals panel has upheld a lower court ruling that boarded up a class action antitrust suit against two containerboard companies, which alleged they conspired to fix prices. Judges again found the companies were not colluding, but rather making parallel moves in reaction to the market.
The Norske Skog group has decided to invest about A$ 7 million ($5 million) to upgrade the Nature's Flame wood pellets facility in New Zealand to more than double its annual production capacity to 85,000 tonnes.
Ahlstrom-Munksjö announces the launch of Ahlstrom-Munksjö Extia® 1000, breakthrough, highly durable, filtration media designed to extend filtration life time for Air Pollution Control applications, helping to protect people and the environment.
The fate of a roughly $70 million tax incentives package for consumer products company Kimberly-Clark Corp. remains uncertain at the state Capitol, Senate Majority Leader Scott Fitzgerald said Tuesday.