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BTG Pactual TIG Marks Significant Progress Towards $1 Billion Target to Restore Degraded Land and Promote Sustainable Forestry Across Latin America.
The forest industry company Stora Enso aims to sell its forest assets at least at the book value, writes Dagens industri (Di), which has taken part of information.
Suzano, one the world's largest producers of bio-based raw materials, is establishing a long-term initiative with Jesus College Cambridge and the University of Cambridge. An initial £10 million donation will be used to support education and research into areas including the conservation of biodiversity, enhancing business sustainability, and the restoration of natural habitats in Brazil and beyond.
Over 250 representatives from leading manufacturers across Poland are expected to join discussions on the future of packaging at Mondi Warsaw customer event.
Reports of fish either dead or in distress along the Jackson River near the Pool in Covington have raised alarms among environmentalists and locals, with initial indications pointing to a possible chemical spill from the Smurfit-WestRock mill.
Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, announced it has raised a €67 million in green capital.
Mondi, a global leader in sustainable packaging and paper, has opened a ground-breaking hub in Germany for co-creating flexible packaging solutions that will shape the future.
Firefighters were on the scene for three hours to put out the fire and hotspots that developed.
Hossain to replace Russell Hagen, who is retiring at the end of 2024.
Kruger Inc. announced a $23.75 million investment in an innovative demonstration project for carbon capture and reuse at its Wayagamack Mill in Trois-Rivières, Canada.
The man was identified as John Scerbik of Yakima. Yakima County Chief Deputy Coroner Marshall Slight said the forklift went over an embankment and flipped, crushing Scerbik underneath it.
Stora Enso has signed an agreement to divest its real estate of the Sunila site in Kotka, Finland, to AALTO Development Oy. AALTO Development is a Finnish, privately-owned property development company focusing on high-quality architecture and urban planning.
Veritiv Operating Company, a leader in specialty packaging distribution, announced today that it has acquired substantially all the assets of PAX Global, a distributor and converter of custom packaging products with annual revenues of approximately $45 million.
The transaction covers the entire operations of the German company in Poland.
Transformation of Non-Core "Corporate Orphan" into Strong, Standalone Business Creates Excellent Outcome for Iconex Associates and Atlas Investors.
KraftPal Technologies, a leader in sustainable pallet solutions, is proud to announce its strategic partnership with Orora Packaging Solutions to deliver its innovative corrugated pallets to Orora's wide customer base across the U.S.
Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on 14 October 2024.
Completion of the Sale Accelerates Transformation into a Premier Independent Supplier of Paperboard to North American Converters and Significantly Reduces the Company's Net Debt.
In total, 526 hourly employees and 148 salaried employees will be impacted.
Mika Kekki has been appointed Executive Vice President of UPM Specialty Papers as of 1 January 2025. He will continue to be a member of UPM's Group Executive Team and report to UPM's CEO Massimo Reynaudo.
Stora Enso secures wood supply for its Oulu packaging board site by acquiring Finnish sawmill company Junnikkala Oy. The acquisition, valued up to Euro 137 million, aims to ensure cost-efficient wood sourcing and bolster Stora Enso's wood products segment. Closing conditions include regulatory approvals, with completion expected by mid-2025.
The company's announcement on Iowa's Worker Adjustment and Retraining Notification, or WARN, website states the Waukee facility will shut down Jan. 10, idling 88 workers.
Metsä Board Corporation has initiated change negotiations regarding potential temporary layoffs at its paperboard and BCTMP mills in Finland. These talks will impact approximately 1,100 employees across seven mills: Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele, and Äänekoski.
Rayonier Advanced Materials Inc., a leader in High Purity Cellulose, today announced that its Jesup, Georgia facility has fully resumed operations ahead of schedule, following an isolated fire on October 11. All production lines have returned to producing on-grade material at full capacity..
Following the fire at Mondi's Stambolijski mill (Bulgaria) on Tuesday 24 September 2024, the Group has announced that it will permanently close the mill.
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