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International Paper has entered into an agreement to sell the Kwidzyn pulp and paper mill and supporting operations to Mayr-Melnhof Karton AG for €670 million (approximately $812 million) in cash, subject to closing adjustments for net debt and net working capital.
IT Tech Packaging, Inc., a leading manufacturer and distributor of diversified paper products in North China, announced that it has completed the 75 t/h biomass boiler procurement bidding process for its biomass cogeneration project and Tai Shan Group Co., Ltd., a top manufacturer in the industry, has won the bid.
Rengo Co., Ltd. enters into a memorandum of understanding with Taiko Paper Mfg., Ltd. (TPM) to consider supporting the business reconstruction of TPM. TPM filed an application to commence corporate reorganization proceedings in the Tokyo District Court, Japan.
The total investment value of the programme is approximately EUR 67 million, divided in 2021-2023, and mainly in 2023.
J.D. Irving, Limited is working and cooperating fully with NB Public Health regarding five cases of COVID-19 identified at the company's sawmill at St. Leonard, NB.
Initially, 25 workers have been recalled, but more will be brought back in the coming months.
Interfor Corporation announced that it has reached an agreement with WestRock Company to acquire its sawmill located in Summerville, South Carolina (the "Summerville Mill") for cash consideration of US$59 million.
The Packaging Corporation of America's Wallula paper mill has been fined $28,500 by the Washington Department of Ecology for air pollution released from the facility's wastewater treatment plant.
The Honourable Seamus O'Regan Jr., Canada's Minister of Natural Resources, announced a $15,000 investment in an energy management information system (EMIS) for Kruger Products L.P.'s Gatineau facility that will reduce energy costs and improve energy efficiency as part of the government's efforts to advance a low-carbon energy future.
Designed with protection in mind, this range of certified recyclable barrier paper solutions is fully integrated across Mondi's value chain--from paper production to the barrier application--and can run on existing filling lines for form-fill-and-seal (FFS) applications.
SCA has decided to invest SEK 1.45 billion in the production of chemically pretreated thermomechanical pulp on the Ortviken industry site.
Paper Excellence has recently invested more than $600,000 in engineering and consulting work focused on restarting the Prince Albert pulp mill. Paper Excellence originally purchased the Prince Albert pulp mill in 2011. It now plans to restart the facility as soon as possible once the current non-compete agreement with the former owner expires in March 2021.
No one was injured after a forklift hit a column, causing the roof collapse.
Paper Excellence has recently invested more than $600,000 in engineering and consulting work focused on restarting the Prince Albert pulp mill. Paper Excellence originally purchased the Prince Albert pulp mill in 2011. It now plans to restart the facility as soon as possible once the current non-compete agreement with the former owner expires in March 2021.
As a result of this incident, shipments from some of the Company's facilities have lagged production levels. This gap is closing quickly as systems are restored.
A cooperative formed after the closure of Verso's paper mill has toured the facility and filed a letter of intent to purchase the Wisconsin Rapids mill, State Rep. Scott Krug, R-Nekoosa, told the Wisconsin Rapids Together Task Force Wednesday.
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Netherlands-based Paper Excellence BV has won an arbitration case against Brazilian group J&F Investimentos SA to complete the acquisition of paper mill Eldorado Brasil Celulose SA, two sources with knowledge of the matter said on Wednesday.
Cosmo Specialty Fibers, a specialty pulp mill in Cosmopolis, celebrated a major step last Wednesday toward returning to full operations after an eight-month shutdown caused by overseas market declines due to the COVID-19 pandemic.
In a fourth quarter earnings call on Feb. 2, 2021, Graphic Packaging International announced it would invest $100 million at its mill in Texarkana, Texas.
A northern New Jersey recycling plant will be demolished following a large blaze over the weekend that saw dozens of firefighters battling the flames amid wind and frigid cold that turned the water from their hoses into treacherous ice, authorities said.
West Fraser Timber Co. Ltd. and Norbord Inc. have completed the previously announced transaction, whereby West Fraser has acquired all of the issued and outstanding common shares of Norbord.
UPM has established a Green Finance Framework as part of its aim to create a future beyond fossils. This accelerates the company's commitment to green values and ensures a high environmental standard across all operations.
SCA's investments in Östrand pulp mill, in addition to the ongoing investments in pulp production at the Ortviken industrial site, will more than double the volume of pulp to be shipped from the Sundsvall region.
A massive inferno destroyed a New Jersey paper recycling plant early Saturday, Jan. 30, 2021, sparking several explosions inside the warehouse as it collapsed in on itself.
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