Industry News

Authorization to Acquire up to $150 Million of Common Stock

With this acquisition, Weyerhaeuser now owns or manages more than 900,000 acres of timberlands in the Carolinas, and the company also operates four mills, a distribution center and tree nursery, and hosts multiple mitigation banks and real estate development projects -- employing more than 700 people between the two states.

This is the third consecutive year that Quad has been included in the list.

Rayonier Inc. announced that its board of directors has approved a 5.6% increase in its quarterly cash dividend to $0.285 per common share from $0.27 per common share.

Packaging Corporation of America announced that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $5.00 per share from $4.00 per share, a 25% increase.

PurposeSeal™ is a heat-sealed paper carefully constructed to ensure quality and protection for end-use packaging solutions.

Suzano also launches a revitalized Sustainability Center disclosing over 450 KPIs.

Mondi to display full packaging portfolio at leading pet food trade fair Interzoo in Germany to demonstrate how innovative flexible solutions can help the industry become more sustainable.

First Nation wants title to Lot 450, including mill lands.

Mirax Group has reached an agreement to acquire Interfor Corporation's Avalon Dryland Log Sort ("Avalon") assets located in Port Mellon, British Columbia, Canada, and will operate through a wholly-owned affiliated company, Avalon Log Sort Inc. Pursuant to the agreement, Mirax Group will acquire all real property assets of Avalon and will retain all employees.

Sylvamo owns the Svetogorsk Pulp and Paper Mill in Leningrad region, Russia. The Svetogorsk mill employs more than 1700 people and produces printing papers, liquid packaging board and innovative BCTMP.

Mohawk refined and reorganized its paper portfolio into 5 distinct Collections that help make choosing paper by its properties and attributes easier. Mohawk's paper grades are now grouped into the Beautiful, Sustainable, Expressive, Elevated, and Practical Collections.

The report reveals validation of WestRock's greenhouse gas (GHG) emissions reduction target by the Science Based Targets Initiative (SBTi) alongside its refreshed sustainability goals.

Mondi moves to certified base paper for its full portfolio of glassine-based release liners.

Ox Industries acquires a 150,000 square foot facility in Hanover, PA to expand its converting capacity in the Mid-Atlantic Region. The facility will house next-generation equipment and manufacturing practices and expand just in time stocking products and services.

Fighting Fires Together campaign will provide specialized support to firefighters on front lines of wildfires

Sonoco will raise the price for all paperboard tubes and cores by a minimum of 6%, effective with shipments in the United States and Canada on or after June 10, 2022.

As part of its long-term global commitment to climate protection and sustainable production, Sappi will be abandoning the use of coal at its German site in Stockstadt as a next step. To this end, the current coal-fired Boiler 9 will be decommissioned, and the mill will be operated using only renewable biomass and natural gas.

These price increases are in response to inflationary cost increases in transportation, energy, labor, chemicals, maintenance, and other raw materials and continued strong demand across the Greif paperboard and converting network.

Prestigious award honors a single supplier who enables Unilever's brands to win in the channels of the future, today.

Rayonier Advanced Materials Inc. announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owned subsidiary of Interfor Corporation for approximately $43.3 million.

Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning May 30, 2022.

The Huhtamaki Foundation inaugurated its first recycling plant in Khopoli, Maharashtra to help drive circularity for packaging.

The Brand Index looks at market trends and builder sentiment to evaluate the housing industry brand position in the green living marketplace.

This innovative product allows customers to serve multiple markets and explore new opportunities by providing a unique alternative to polymer-based or kraft medical packaging traditionally used for nasal swabs, syringes, bandages, and other single-use applications.