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Plum Creek Timber Company, Inc. announced that Institutional Shareholder Services, an independent proxy advisory firm, has issued a report recommending that Plum Creek shareholders vote to approve the proposed merger with Weyerhaeuser Company at the company's special meeting of shareholders to be held on Friday, 12 February 2016.
Canfor Corporation announced that it has entered into an agreement to purchase the assets of Wynndel Box and Lumber Ltd., located in the Creston Valley of British Columbia.
Sappi Limited says it has approved investments of some Euro 25 million for mill upgrades in Europe during the course of 2016.
Not only would paper producer Verso Corp.'s expected bankruptcy filing be the largest in its sector since the 2011 NewPage Corp. filing, its debt holders could also be left with "weak recoveries", Fitch Ratings said Wednesday. Verso warned of a potential bankruptcy in November 2015.
WestRock Company announced that it has completed the acquisition of Cenveo Packaging, a provider of value-add folded carton and litho-laminated display packaging solutions. Cenveo Packaging is a division of Cenveo, Inc.
UPM is the first forest industry company and also the first Finnish company ever to receive such an invitation.
The body part, which police haven't identified, was found by workers at Resolute Forest Products in an outdoor pond of water and chemicals at the company's facility.
Walter Schalka, CEO, will temporarily assume responsibility for the Operations Department.
Production will end around the end of April 2016. The company will repurpose the site.
Sonoco invested $12 million to build the new Innovative Packaging Solutions research and development studio at its Hartsville, S.C. headquarters.
Marc-André Dépin is announcing his decision to step down as President and CEO of the Norampac Group. Charles Malo is succeeding him as President and Chief Operating Officer.
The transaction is expected to close on 1 February 2016. SCA is the majority shareholder in Vinda, one of China's largest hygiene companies.
UPM has inaugurated its newly revamped Kymi pulp mill in Kuusankoski following a EUR 160 million investment in production expansion.
The company is increasing its production services in the Los Angeles marketplace by expanding the company's Vernon, California, facility.
Not only does Staten Island have great pizza, it now has its own branded pizza boxes.
The American Forest & Paper Association has released its papermaking statistics for November 2015.
In addition, the USW and the paper companies are asking in this case for additional penalties against imports of this paper from China and Indonesia because of illegal government subsidies.
Plans call for the multi-million dollar project to be completed in the third quarter of 2016, with production scheduled to begin in the fourth quarter of 2016.
The Georgia Environmental Protection Division issued a permit to allow Rayonier Advanced Materials to continue discharging treated wastewater into the Altamaha River at its Jesup plant but with tighter limits on pollutants.
The Indonesian Pulp and Paper Association (APKI) has urged the government to seek a reciprocal import tax policy with ASEAN countries selling pulp and paper products in Indonesia following the implementation of the ASEAN Economic Community (AEC).
A judge had dismissed the case against PT Bumi Mekar Hijau (BMH), saying there was not enough evidence that the firm failed to prevent recurring fires.
BMH supplies Asia Pulp and Paper.
No employees or firefighters were injured and workers did not have to evacuate the facility.
Arapoti Mill is the only producer of coated magazine paper in South America.
Kingsport firefighters helped put out a fire at Domtar's pulp and paper mill late Wednesday afternoon.
Stora Enso has entered into an equity transfer agreement to increase its ownership stake from 51% to 90% in its Chinese subsidiary Stora Enso Inpac Packaging Co. Ltd.
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