Citing a drop in publisher demand for print publication titles and significant structural changes impacting the industry, Chicago-based LSC Communications filed a Form 8-K with the Securities & Exchange Commission (SEC) on Jan. 14 announcing it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.
Officials said a large part of the warehouse was filled with smoke when crews arrived, and a paper converting machine was on fire. Officials said firefighters quickly extinguished the fire and ventilated the warehouse.
Michigan on Tuesday sued 3M, DuPont and other companies for financial damages from contamination caused by potentially harmful "forever" chemicals that are turning up in drinking water across the industrial state.
Rayonier Inc. and Pope Resources, A Delaware Limited Partnership announced that they have entered into a definitive merger agreement under which Rayonier will acquire all of the outstanding limited partnership units of Pope Resources for consideration consisting of equity and cash.
"We urge Verso Stockholders to not be fooled by the deceptive practices employed by Lapetus, Atlas and Blue Wolf to confuse you and to deflect attention from their ultimate objective - to control the Company without paying for it."
Verso Corp. Monday announced that its board had written shareholders in preparation for the company's Jan. 31 annual meeting. Verso wants shareholders to vote for seven nominees, holding fast against a large shareholder pushing for changes.
In a written statement, Northen Pulp stated that "the company continues discussions with government with respect to the site's hibernation plan. The length of time the facility will be in hibernation is currently unknown."
Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.
Based in Combined Locks, Wisconsin, US, Midwest Paper specializes in paper manufacturing and distribution. It also supplies recycled containerboard used for corrugated packaging and recycled bag products.
The Chilean Supreme Court fined local paper manufacturer CMPC and a division of Sweden's SCA for having colluded for at least a decade in the Chilean tissue and toilet paper market, the Chilean antitrust authority said Monday.
The billion-dollar Visy Pulp and Paper mill near Tumut has set up constant fire patrols around its mill and is ready to implement an action plan to shut down its operation if the Dunns Road fire should threaten.