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Displaying Articles 1 - 25 of 4958
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Kimberly-Clark cuts 2025 profit forecast as tariffs set to drive up costs
Kimberly-Clark cuts 2025 profit forecast as tariffs set to drive up costs

Kimberly-Clark slashed its annual profit forecast on Tuesday as the Kleenex tissue maker said it would incur about $300 million in costs this year due to U.S. President Donald Trump's broad trade tariffs.

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British Columbia contributes $11 million to forestry-sector capital projects
British Columbia contributes $11 million to forestry-sector capital projects

Through the BC Manufacturing Jobs Fund (BCMJF), the Government of British Columbia, Canada, is contributing as much as $11 million toward four forestry-sector capital projects in the province.

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Seized Weyerhaeuser MDF oil pump causes fire
Seized Weyerhaeuser MDF oil pump causes fire

Columbia Falls firefighters responded to a fire in the hot oil room of the Weyerhaeuser MDF plant early Thursday morning, April 17.

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Hood Container facility to close in June, laying off 60 workers
Hood Container facility to close in June, laying off 60 workers

The Simpsonville location specializes in corrugated packaging solutions and warehousing services.

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Kimberly-Clark Reportedly In Talks For Major Divestiture
Kimberly-Clark Reportedly In Talks For Major Divestiture

One of the potential suitors, Indonesia's Asia Pulp & Paper, has sought a $2 billion loan for its acquisition bid, according to a Bloomberg News report last week.

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Nextgreen, China partner to build 150,000-tonne pulp plant in Pahang
Nextgreen, China partner to build 150,000-tonne pulp plant in Pahang

The JV aims to develop Malaysia's first integrated pulp production facility, with an annual capacity of 150,000 tonnes.

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Pixelle Specialty Solutions Pauses Chillicothe Mill Closure
Pixelle Specialty Solutions Pauses Chillicothe Mill Closure

Senator Moreno announced this morning that the closure initially set for June 13th, 2025 has been delayed until the end of the 2025 calendar year. Congressman Taylor applauded Senator Moreno's advocacy and the resulting delay in the mill's closure.

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Ohio Governor DeWine Issues Action Steps Following Announced Closure of Pixelle Chillicothe Paper Mill
Ohio Governor DeWine Issues Action Steps Following Announced Closure of Pixelle Chillicothe Paper Mill

Ohio Governor Mike DeWine has issued a series of action steps following the recent announcement by Pixelle Specialty Solutions that they plan to close their Chillicothe paper mill in the coming months.

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Stora Enso gets approval for Junnikkala sawmill acquisition
Stora Enso gets approval for Junnikkala sawmill acquisition

Stora Enso announced in October 2024 that it would acquire the entire share capital of sawmill and processing company Junnikkala.

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International Paper shutters box plant near Hazleton, Pennsylvania
International Paper shutters box plant near Hazleton, Pennsylvania

International Paper Company says it's restructuring and shutting down its Hazle Township box plant, among three other locations across the country.

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Norske Skog Completes Sale of Boyer Mill to Boyer Capital
Norske Skog Completes Sale of Boyer Mill to Boyer Capital

Norske Skog sold its Boyer mill in Australia to Boyer Capital, ensuring local ownership and future development.

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Sylvamo Announces CEO, CFO Transition Plan
Sylvamo Announces CEO, CFO Transition Plan

Sylvamo, the world's paper company, is announcing Jean-Michel Ribiéras, chairman and chief executive officer, will retire Dec. 31.

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New CEO Takes Helm at Rottneros Mill Amidst Global Uncertainty
New CEO Takes Helm at Rottneros Mill Amidst Global Uncertainty

Nils Hauri has officially commenced his role as the new Chief Executive Officer of Rottneros Mill, a key player in the paper and pulp industry. In his inaugural statements, Hauri acknowledged the significant challenges facing the company, emphasizing the turbulent state of the global market.

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Pixelle Specialty Solutions Announces Closure of Chillicothe, Ohio Mill
Pixelle Specialty Solutions Announces Closure of Chillicothe, Ohio Mill

Pixelle Specialty Solutions LLC ("Pixelle") announced the planned closure of its Chillicothe, Ohio, mill as part of an effort to align its operational footprint with long-term business objectives.

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UPM: No solution in the labor dispute between UPM Plywood and the Industrial Union
UPM: No solution in the labor dispute between UPM Plywood and the Industrial Union

Second proposal by the conciliator was accepted by UPM Plywood but rejected by the union.

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International Paper in talks to divest five facilities in Europe
International Paper in talks to divest five facilities in Europe

The sale of these plants was agreed to with the European Commission as a remedy for IP's acquisition of DS Smith Plc, as published on the Commission's website on January 24, 2025. The conclusion of the divestment is subject to the European Commission's approval of the proposed purchaser.

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Sofidel Celebrates Groundbreaking of Duluth, Minnesota Expansion
Sofidel Celebrates Groundbreaking of Duluth, Minnesota Expansion

Sofidel proudly marked the beginning of a new chapter in its Duluth mill with a groundbreaking ceremony for expansion.

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Ennis Acquires Northeastern Envelope
Ennis Acquires Northeastern Envelope

Founded in 1966, Northeastern Envelope is a leading manufacturer to the trade of a wide of variety of envelopes. In addition to their custom converting and manufacturing, Northeastern inventories hundreds of double window and single window envelopes allowing for same day shipping.

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Trustees approve tax abatement for Kimberly-Clark facility in Ohio
Trustees approve tax abatement for Kimberly-Clark facility in Ohio

Plans for a paper manufacturing plant in Trumbull County are moving along, and an announcement could come as soon as May, according to Howland Township Trustee James LaPolla.

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Microsoft inks massive carbon removal deal powered by a paper mill
Microsoft inks massive carbon removal deal powered by a paper mill

Microsoft announced on Friday that it is buying 3.7 million metric tons of carbon removal credits from CO280, a project developer that works with pulp and paper mills.

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New owners plan to redevelop former Espanola Domtar paper mill and 'put wood back to work'
New owners plan to redevelop former Espanola Domtar paper mill and 'put wood back to work'

BMI Group previously redeveloped the St. Mary's paper mill in Sault Ste. Marie.

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West Fraser Timber's Williams Lake mill cut back to four-day work week
West Fraser Timber's Williams Lake mill cut back to four-day work week

A West Fraser sawmill in Williams Lake will be reducing operations to a four-day work week due to log supply issues

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Royal Paper Enters into Asset Purchase Agreement with Sofidel America Corp.
Royal Paper Enters into Asset Purchase Agreement with Sofidel America Corp.

Sofidel America Corp. will Serve as "Stalking Horse Bidder" in Court-Supervised Sale Process

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Essity is said to be close to appointing a new CEO
Essity is said to be close to appointing a new CEO

After what is said to have been a messy and sometimes slow process, the choice will be between two internal candidates.

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Smurfit Westrock will close North Portland, Oregon box plant, lay off 72
Smurfit Westrock will close North Portland, Oregon box plant, lay off 72

Seventy-two people working at Smurfit Westrock's North Portland cardboard box plant will lose their jobs when the company begins shutting down the facility in June.

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Displaying Articles 1 - 25 of 4958
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