Leading Stories

Province approves first phase of $550M development.

The Paper Packaging Company, founded by Nigerian engineer and entrepreneur Chidi Oguegbu, will extend its eco-conscious operations to the United States in early March. The expansion coincides with the organization's tenth anniversary, underscoring a record of providing paper-based packaging alternatives to reduce single-use plastics.

Stora Enso violated the collective labour agreement when it dismissed employees in 2021, according to Finland's Labour Court.

The International Paper Company officially closed its location in Bradley County, following an October announcement that layoffs would begin the shutdown this month.

Strategic Value Partners, through Coniferous Bidco, controls 82.84 percent of the capital and votes in the paper mill company Nordic Paper. This is announced in connection with the expiration of the extended acceptance period. The bidder is now giving shareholders another opportunity to accept the offer by extending the acceptance period one last time until January 8, according to a press release./span>

At about 6:30 a.m., Thursday, a worker at the packaging plant called 911 to report a fire inside the facility. An alarm inside Huhtamaki tripped less than a minute later, according to firefighters.

Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age.

Suzano clarifies that no agreements have been reached or documents signed regarding this potential acquisition, and there have been no significant fluctuations in its securities.

Metsä Fibre is developing a new lignin product at its Äänekoski demo plant. The new lignin product, produced from lignin separated from the pulp process, can replace the fossil-based chemicals used in concrete production. The product is also being considered for other uses.

The company is working with an adviser as it seeks to reach an agreement, said the people, who asked not to be identified discussing confidential information. A deal hasn't been finalized and it's possible one won't be reached.

Four people had to be taken to hospital by ambulance after inhaling smoke, and in total between 10-15 people suffered smoke damage.

The International Paper - Riegelwood Mill application has been reviewed by the DAQ, Air Quality Permitting Section in Raleigh, North Carolina to determine compliance with the requirements of the North Carolina Environmental Management Commission air pollution regulations.

The closing of the local International Paper facility affects at least 100 workers.

Sonoco Products Company, a global leader in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.

The International Paper Company in Georgetown will see its final production Dec. 17 and then the process of closing the plant will get under way, according to a company spokesperson.

Stora Enso said Wednesday it will record impairments totaling some 724 million euros ($760 million) in its fourth quarter, citing weaker demand and increased costs.

Using the IFS solution, GBP will improve asset reliability by obtaining clearer visibility into asset availability, usage, and lifecycle.

Investigators are looking into what started the fire.

Company says it will release information in mid-2025.

Mondi has made good progress on the previously announced €20 million investment programme at its Neusiedler uncoated fine paper mills (Austria). The full benefit of the upgrades is expected from the first quarter of 2025, including reduced greenhouse gas emissions and increased energy efficiency and operational safety.

Hood Container, a leader in the Containerboard and Packaging Industry, is pleased to announce the appointment of Alan Clark as the new President and Chief Operating Officer, effective January 1, 2025. Alan Clark succeeds Charlie Hodges, who will retire after a nearly 50-year career in the pulp and paper business.

Veritiv Operating Company, a leader in specialty packaging distribution, announced that it has acquired Arjay Company, including substantially all assets of PPE Sales, LLC, a distributor of packaging solutions and equipment serving customers in Long Island and the Greater Metropolitan New York area. The transaction represents the fifth acquisition of 2024 for Veritiv under the leadership of Sal Abbate, Veritiv's Chief Executive Officer.

Temporary shut down over the Christmas holidays due to imbalance in global newsprint demand.

As 11 civil society organizations, we call on decision-makers within the U.S. and Canadian governments to fully investigate this development and its implications to the forest industry writ large; we urge the European Commission to reject the proposed concentration of the two companies; we urge the Forest Stewardship Council (FSC) to revoke Domtar's FSC certifications and we urge Domtar's current purchasers not to renew contracts with the company..

Multiple emergency crews responded to a building fire located at International Paper in Conklin on Wednesday, Dec. 11.