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Billionaire Tom Gores' private equity firm Platinum Equity would acquire textbook publishing and educational technology company McGraw Hill for $4.5 billion from Apollo Global Management Inc, the companies said on Tuesday.
Engaging nearly 100 organizations, the Roadmap outlines actions and responsibilities to achieve reusable, recyclable or compostable plastic packaging by 2025.
SOSA's collaboration with Klabin is facilitated through SOSA's partnership with CNI (Brazil's National Confederation of Industry) and aims to identify new growth opportunities through open innovation.
PotlatchDeltic Corporation confirmed that a fire occurred at its Ola, Arkansas sawmill on the morning of Sunday June 13. The Ola and Galla Rock Fire Departments responded quickly and brought the fire under control. There were no injuries reported from the fire or environmental issues.
Resolute Forest Products Inc. declared a special cash dividend of $1.00 per share of common stock, payable on July 7 for holders of record at the close of business on June 28. The company also announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter.
Paper Excellence announced today that several key roles have been filled as work to restart the Prince Albert pulp mill ramps up.
Huhtamaki has completed the acquisition of Jiangsu Hihio-Art Packaging Co. Ltd.'s assets. Jiangsu Hihio-Art Packaging is a privately owned manufacturer of paper bags, wraps and folding carton packaging in China. The acquisition strengthens Huhtamaki's position as the leading foodservice packaging provider in Asia and expands its product portfolio allowing it to better serve both existing and new customers in China.
Georgia-Pacific broke ground Tuesday on a state-of-the-art gypsum wallboard production facility near Sweetwater.
The Food Safety Certification requirements provide a rigorous system to manage food safety risks and provide safe products for use by companies in the food industry. Achieving certification is a stringent process.
Stora Enso has decided to invest EUR 21 million to improve the competitiveness and environmental performance of the Anjala-Ingerois production sites. Stora Enso will also invest EUR 26 million in modernising the pulp production at Nymölla in Sweden.
Smurfit Kappa's Bag-in-Box division has announced the completion of a €12 million investment in a new flexible material production facility at its plant in Ibi, Spain.
The Tasman Mill commenced newsprint production in 1955 and has produced more than 15 million of tonnes of paper during its 66-year history.
On June 8, the State Assembly's Committee on State Affairs voted to pass Assembly Bill No. 367 (AB 367), which will provide state assistance to support the purchase of the former Verso paper mill in Wisconsin Rapids.
Louisiana-Pacific Corp. said it will break ground this week on a $150 million conversion of its mill in New Limerick to turn out the company's flagship siding and trim product.
Canfor Corporation says will invest approximately US$160 million to build a new sawmill near DeRidder, Louisiana. The company will receive state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people plus create significant additional indirect jobs.
UPM has completed the employee consultation process in Finland started in April. The company will improve efficiency in global functions by reorganizing and streamlining the operations. As a result, the number of employments in Finland will decrease by 28. In Germany and Austria, the process is still on-going.
Prairie Industries, along with its partner company Nu-Pak, announced its new name for the combined organization: Truvant. The announcement coincides with Prairie's recent acquisition of Sonoco's European contract packaging business.
Columbia Pulp has officially reopened its Lyons Ferry mill, processing wheat straw for the creation of paper products such as food containers, towels and tissues, the company announced Thursday, June 3.
The Offer will expire at 11:59 p.m., New York City time, on July 2, 2021 unless extended (such date and time, as the same may be extended, the "Expiration Time") or earlier terminated.
LSC Communications announced that its Book Division, the largest book producer in the United States, will now operate as Lakeside Book Company ("Lakeside").
Smurfit Kappa Group, one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas, is pleased to announce that it has completed the acquisition of Cartones del Pacifico, a leading paper-based packaging company in Peru.
A bill authored by Representative Scott Krug of Nekoosa which calls for W E D C to issue a fifty million dollar loan to the co-op looking to buy the idled Verso paper mill will get a hearing in Madison.
AmeriPrint Corporation is a trade printer specializing in custom-printed documents, barcoding, integrated products, and business forms. Although Jim and Vicky Schulty are retiring after the sale, many of the same people will continue to work at the two facilities in Harvard, Illinois.
Reducing carbon dioxide emissions, water protection, and using energy more efficiently are key targets of Kotkamills' strategy. In 2020, significant investments were made to improve the mill's energy efficiency. The aim is to complete the big project to reduce the wastewater treatment plant's load and the mill's carbon dioxide emissions by August 2021. Investment projects stretching also into 2022 have been launched.
Last year BillerudKorsnäs and Haver & Boecker published a total of nine sack packaging norms. These norms cover the basics and some of the most critical factors that need to be taken into account when powdered goods are packed. The reactions in the market show that the norms support the work of bulk goods manufacturers. They provide a helpful guideline for determining the optimal packaging process and the perfect sack packaging for products to be filled. BillerudKorsnäs and Haver & Boecker have decided to jointly develop further norms after receiving positive feedback worldwide.
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