Hong Kong-headquartered Nine Dragons Paper announced it will invest US 1.3 billion to open two manufacturing facilities in Malaysia.
Fort Dearborn Company announced that it has acquired Hammer Packaging Corporation. The combined organization takes advantage of Hammer's state-of-the-art technology to enhance Fort Dearborn's leadership position in the decorative label and packaging marketplace by further expanding the company's geographic footprint, capacity and capabilities.
Amcor is supporting McKinsey.org's "Rethinking Recycling" initiative in Buenos Aires, Argentina, which has worked with 5,000 households, trained more than 120 workers and helped communities to recycle a third of their waste. Before the initiative, there was no formal recycling system and only a minority of the population regularly sorted their waste.
We are delighted to be speaking at/sponsoring the 2021 virtual International SAP Conference for Forest Products, Paper and Packaging. During three days of dynamic content, you will have an opportunity to meet with the industry's largest players, get hands-on with the latest innovation from SAP and discuss how your organisation can look towards the future and drive digital evolution.
UFP Industries, Inc. announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of J.C. Gilmore Pty Ltd. This transaction adds a wide portfolio of protective packaging to the industrial packaging products offered by UBEECO and its sister company, Integra Packaging, and expands the companies' customer base throughout Australia.
Neenah, Inc. announced the signing of a definitive agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A. ("ITASA"), from Magnum Capital and other minority shareholders for €205 million in cash. Closing is expected to occur in early April and is subject to customary conditions.
WestRock Company announced that Steven C. Voorhees has decided to step down from his position as president and chief executive officer and a director of the Company for health reasons, effective March 15, 2021. In addition, the Company's Board of Directors announced that, following a comprehensive search as part of the Company's long-term succession processes, it has elected David B. Sewell to succeed Voorhees as WestRock's president and chief executive officer at that time.
Total commitments of $961.1M; 643 jobs created and retained in Québec.
Crews with the Chattanooga Fire Department were at the scene of a fire at a WestRock facility on Sunday, Feb. 28.
Thirty firefighters responded to the mill as did crews from Hydro One.
Arctic Paper put its expanded hydropower plant into operation at Munkedal mill in Sweden. The investment of just over SEK 100 million ($12 million) increases the power from 2 to 6 MW, which in combination with the planned solid fuel boiler is sufficient to meet up to 80% of Arctic Paper Munkedal's energy needs with its own sustainable energy.
Domtar Corporation announced that John D. Williams will return from temporary medical leave following having contracted the Covid-19 and is resuming authority and responsibility as President and Chief Executive Officer on Monday, March 1st, 2021.
Packaging Corporation of America announced that it has discontinued production of uncoated freesheet (UFS) grades on the No. 3 paper machine at its Jackson, AL mill and will begin preparing for the permanent conversion of the machine to linerboard.
Mondi Plc, the packaging and paper group, is exploring a potential takeover of British rival DS Smith Plc, according to people familiar with the matter.
Brazilian pulp group Suzano and Finnish cellulose fibre startup Spinnova will build a plant in Finland to make a sustainable textile fibre from wood and waste.
Thursday February 25, at 7.07 am, SCA closed permanently paper machine LWC4 at Ortviken paper mill. With this, SCA's all production of publication paper has come to an end.
RBC Capital Markets analyst Paul Quinn has suggested that B.C.'s Big 3 could become the Big 2, with Canfor buying Interfor.
The Ministry of the Environment says it will continue to look into an incident where Resolute Forest Products was discharging "higher than normal contaminant levels" through its effluent into the Kaministiquia River.
Fire department officials described the fire as tough to put out because it was in a difficult spot to reach. Additionally, the burning material was likened to mulch, which is prone to deep-seated fire that can smolder for hours.
International Paper has acquired Berkley International's Molded Fiber (pulp) manufacturing division, Berkley MF LLC, for an undisclosed purchase price.
Weyerhaeuser Company announced an agreement to purchase 69,200 acres of high-quality Alabama timberlands from Soterra, a subsidiary of Greif, Inc., for approximately $149 million. The acquisition is comprised of highly productive timberlands situated in southwest Alabama, approximately 100 miles north of Mobile.
Södra is a net electricity producer and will be completely fossil-free by 2030.
Through close and enduring collaboration BillerudKorsnäs and Tetra Pak aim to push the figure of renewable material from wood fibre in carton packages towards 100%. Already today the figure is about 70%. New innovations to further increase the sustainability of packages are since long top of the agenda for both companies.
Domtar Corporation announced appointments to the company's management committee. These appointments streamline and simplify the company's management structure and will help advance Domtar's strategic plan to lower costs and refocus the company's portfolio on paper, pulp and packaging.
The state Department of Labor and Industries is investigating the death of a truck driver who was struck by a 1,500-pound cardboard bale at a McKinley Paper Company unloading area.