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Top toilet paper manufacturer Kimberly-Clark has a message for all those Americans who didn't get a chance to score rolls during the mad dash for household goods as stay-at-home orders went into effect: Toilet paper is coming.
This comes in response to an initiative led by the Tristan and Bauer companies, which will ensure the final assembly of the components.
The Molpus Woodlands Group, LLC, a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of two clients, successfully purchased approximately 66,946 acres of timberland in southeast Mississippi.
Appvion Operations, Inc., a leading manufacturer of specialty, high value-added coating solutions and coated paper products, announces that it is now certified compliant with FDA cGMP regulations for the manufacture of food packaging.
Given the uncertainty of the duration of the COVID-19 pandemic, Quad is withdrawing its full-year 2020 financial guidance issued on February 18, 2020.
The rapid spread of COVID-19 across the world has exposed major gaps in the abilities of most countries to respond to a virulent new pathogen. This has inevitably led to an increase in the demand for healthcare goods in general and particularly protective medical products made of fabrics, medical devices, diagnostics and screening tools.
Greif, Inc. has completed its previously announced divestiture of the Consumer Packaging Group business for $85 million in cash to Graphic Packaging Holding Company.
We inform that Peter Oswald (57) takes over as new CEO and Chairman of the Management Board of Mayr-Melnhof Karton AG from Wilhelm Hörmanseder (66) for a period of five years already with the start of his mandate to the Management Board as of April 1, 2020.
Twin Rivers Paper Company reaffirms its focus on employee health and safety as its six mills operate to produce specialty papers used in critical food, hygiene, and medical applications.
Resolute officials are actively monitoring the coronavirus (COVID-19) situation and are being respectful of the public health and travel concerns shareholders have and the protocols that federal, state, provincial and local governments have imposed. Considering it is not possible to hold an in-person annual meeting, the company will hold a virtual meeting.
J.D. Irving, Limited announced that the company is donating $1 million to the Food Depot Alimentaire. The donation is to help offset the growing demand on New Brunswick's network of 60 food banks across the province due to the financial hardships caused by the Coronavirus (COVID-19) outbreak.
Kimberly-Clark's Huggies® brand announced that it will donate five million diapers to the National Diaper Bank Network (NDBN) to meet this growing need, and $1 million to United Way COVID-19 Community Response and Recovery Fund to support community social services.
Hygiene and health company Essity is strengthening its offering in incontinence products through the acquisition of the Dutch company Novioscan. The company develops a wearable ultrasound technology that monitors the bladder and enables continence control. The purchase price is approximately SEK 70m (EUR 6.5m) on a debt-free basis.
It is not yet clear what, if any, long-term implications may result from COVID-19's impacts around the world, but our firm contract backlog continues to increase.
The plastic-free eco-barrier paperboard, MetsäBoard Prime FBB EB, has recently achieved DIN CERTCO certificates in both industrial and home compostability.
The Swedish Government has decided to ban public gatherings and public events with more than 50 people as of March, 29. Since this decision is also the norm for other types of gatherings, Holmen's Board of Directors has decided to postpone the Annual General Meeting (AGM), which was planned to be held on March 30, 2020 in Stockholm, Sweden.
A Delaware judge has granted the DuPont Co.'s request to dismiss a lawsuit alleging that it massively downplayed the cost of environmental liabilities imposed on spinoff company Chemours.
Metsä Fibre, part of Metsä Group, has made the decision to build the world's most modern sawmill in Rauma. The value of the investment is approximately EUR 200 million.
The Board of Directors' previous assessment of a dividend of SEK 6.25 per share remains. The final assessment on the size of the dividend will, however, be taken at a later date when the effects of the current COVID-19 pandemic are better understood.
The company has received a sufficient number of shareholders' proxies and cancellations of attendance, allowing the meeting to be held in accordance with the regulations set by authorities following the coronavirus pandemic.
In October, Orora entered into a binding agreement with Nippon Paper Industries to sell its Australasian Fiber Business for $1.72 billion.
Weyerhaeuser Company announced the completion of the sale of its 630,000 acres of Montana timberlands to Southern Pine Plantations for approximately $145 million in cash.
Based on received proxies and voting instructions, UPM confirms that it has received a sufficient majority of votes to support the proposed resolutions on the agenda of the Annual General Meeting on 31 March 2020. Therefore, decisions on items on the meeting agenda can be made in accordance with the proposals if the meeting will be arranged.
In order to mitigate a potentially stronger than expected decline in earnings, Lenzing has already started to implement cost saving measures across its sites globally.
Rayonier Inc. announced with great sadness that Richard D. Kincaid, Chairman of the Rayonier Board of Directors, passed away unexpectedly on March 20, 2020. Mr. Kincaid had served on the Rayonier Board of Directors since 2004, and was appointed Chairman in June 2014 in connection with Rayonier's spin-off of its Performance Fibers business.
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