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Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale.
Softys S.A., a subsidiary of Empresas CMPC S.A. (CMPC), has signed an agreement with Ontex Hygienic Spain S.L., a unit of the Belgian Ontex Group, to purchase all shares of Falcon Distribuição Armazenamento e Transporte S.A. (Falcon), a Brazilian company specializing in baby diapers and adult incontinence products.
Economic analysts estimate that the strike could cost the U.S. economy around $5 billion per day.
A potential deal could value the business at about $4 billion.
Suzano, the world's largest pulp producer, has completed the acquisition of two industrial assets from Pactiv Evergreen in Arkansas and North Carolina, United States. All conditions for completing the agreement announced in July have been fulfilled.
A recent peer-reviewed study on heavy metals in tampons, published in the journal Environment International, detected heavy metals in the products tested. This study prompted Toxin Free USA's investigation into popular tampon products.
The €17.6m ($19.7m) upgrade is part of a broader €33.9m investment plan aimed at enhancing production capacity, energy efficiency, and innovation in the Greek packaging market.
Cosmo Specialty Fibers Inc. has been hit with a $42,000 fine for failing to dispose of hazardous waste material that has accumulated at the property.
John Baird, Chairman of Canfor Pulp Products Inc. Board of Directors announced that Kevin Edgson will be leaving the role of President and Chief Executive Officer on October 31, 2024./p>
Mercer International Inc. announced that its Peace River mill has taken downtime to complete necessary repairs to the mill's digester after experiencing a mechanical failure. The Company currently expects the repairs and related assessments will be completed in mid-October 2024, and anticipates that NBHK production at the mill will be reduced by approximately 45,000 tonnes during such period.
Up to 2,000 contractors are working to transform Shotton Mill in Flintshire into one of the UK's largest cardboard and tissue production facilities, which it is hoped will start operating next year.
The solar VPPA is a significant step toward achieving Greif's climate target to reduce its Scope 1 and 2 greenhouse gas emissions by 28% by 2030, compared to a 2019 baseline.
The Prattville Fire Department was fighting a large industrial fire Monday night, Sept. 23, at the city's International Paper mill.
Glatfelter Corporation, a leading global supplier of engineered materials, is proud to announce significant advancements in sustainable materials for espresso pod lids to address the growing demand for eco-friendly packaging solutions in the single-serve coffee market.
Metsä Fibre's Joutseno pulp mill, part of Metsä Group, is undergoing a production shutdown to adapt to the current market situation. In addition, on the basis of construction technical reviews, the mill's baling plant building has been placed under a temporary operating ban due to the potential risk of collapse detected in the roof structures.
Twin Rivers Paper Co. Inc. was the only mill eligible for the tax credit meant to help modernize equipment and save jobs. A state report recommends more transparency about business incentives.
Port Hawkesbury Paper is pouring $400 million into the construction of a wind farm in Nova Scotia's Guysborough County that is targeted to supply 60 per cent of the paper mill's current power needs.
Miles Roberts, chief executive of paper and packaging giant DS Smith, said the UK's high cost of electricity compared to the US and Europe was hurting the competitiveness of its businesses.
Södra confirms Stora Enso among the first customers for kraft lignin. This follows the major investment announcement earlier this year regarding kraft lignin production at Södra's Mönsterås site. The plant will be the first commercial kraft lignin production facility in Sweden and the largest of its type in the world. It is expected to be in operation in 2027.
A Weyerhaeuser sawmill facility in Craven County received a $48,393 fine from the N.C. Department of Labor related to a March 17 workplace fatality. The Labor Department cited Weyerhaeuser with three "serious violations" after an investigation of the fatality at the facility in Vanceboro.
The indefinite curtailment of Lake Butler Sawmill will impact approximately 130 employees and reduce West Fraser's U.S. lumber capacity by approximately 110 million board feet.
The preliminary investigation determined that on September 18, 42-year-old Anthony Smith Jr., of Milton, a Cottrell Paper employee, became trapped in a compactor on-site. Company members as well as firefighters and emergency medical personnel were able to remove Smith from the machinery, but officials say he couldn't be revived and he was declared dead at the scene by a Saratoga County coroner.
Södra confirms UPM among the first customers for kraft lignin following the major investment announcement earlier this summer regarding kraft lignin production at Södra's Mönsterås site. The plant is expected to be in operation in 2027, when it will be the first commercial kraft lignin production facility in Sweden and the largest of its type in the world.
Stora Enso has started operations in its new head office, Katajanokan Laituri, in Helsinki, the largest mass timber building in Finland.
Doug Schwartz has extensive experience in the U.S. forest and paper industry, including serving in key leadership roles at companies such as Sonoco Products Company (Sonoco), International Paper and Champion International Corporation. He most recently held the position of Vice President and General Manager, Rigid Paper Containers at Sonoco.
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