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SEK 50 million will be invested in a pilot facility in Umeå. Stora Enso, Sveaskog and Holmen are co-funding the project.
The lawsuit, filed last week in the U.S. District court for the Southern District of New York, seeks to establish a class action case against Quad for anyone who bought shares between Feb. 21, 2018 and Oct. 29, 2019.
Pixelle Specialty Solutions has signed a definitive purchase agreement to acquire specialty paper mills in Jay ("Androscoggin"), ME and Stevens Point, WI from Verso Corporation. The transaction is anticipated to close in the first quarter of 2020.
On Friday morning, Nov. 8, managers somberly gathered at the Tolko office in Kelowna to call 140 workers one by one to tell them the lumber mill will close forever Jan. 8.
Bulgaria has become the latest member to achieve PEFC endorsement of its national forest certification system. The PEFC General Assembly voted for the endorsement of the Bulgarian system in a postal ballot.
Deputies are investigating a deadly crash involving a log truck Friday morning.
The company said it will add 350,000 tons per year of OCC pulping capacity at its Wallula, Wash. mill, which currently produces predominantly virgin linerboard and medium, materials used in containerboard production.
The new facility currently adds more than 80 workers to the existing workforce, employing a total of 179 full-time employees.
The stoppages are expected to reduce production by 30,000 cubic metres.
SIG has reached agreement to acquire Visy Cartons Pty Ltd from VisyPak Operations Pty Ltd, a subsidiary of Pratt Consolidated Holdings Pty Ltd, for AU$70m (US$48.2m), subject to customary conditions being met.
Quad/Graphics, Inc. announced that it is a founding member of Forests in Focus, a sustainability initiative from GreenBlue, an environmental nonprofit dedicated to the sustainable use of materials in society, and the American Forest Foundation (AFF), a conservation organization that works with family landowners in the United States.
The newly formed Willamette Falls Paper Co. quietly restarted two months ago and is now trying out new classes of paper made from pulp and agricultural waste instead of wood.
It's unclear how many jobs will be restored when Niagara Worldwide takes over.
The reduction of personnel is 179 (159 permanent and 20 temporary contracts not prolonged).
The cause of the fire has yet to be determined.
The cab landed on a guardrail and the load of sawdust spilled down an embankment.
The Board of Directors of BillerudKorsnäs AB has appointed the current Chairman of the Board, Lennart Holm, as acting CEO from November 5, 2019. Petra Einarsson leaves as CEO with immediate effect.
Longtime International Paper and Georgia-Pacific papermaker Jeff Reese passed away Wednesday, 30 Oct. 2019. He was 56.
Corner Brook Pulp and Paper Limited will be shutting down one of its two paper machines for 11 days.
The company blames lumber markets, weather, labour shortages and equipment.
WestRock is closing its Newark plant, potentially putting more than 100 employees out of work.
Great Pacific Capital Corp. is buying company's remaining shares at $16 each.
Klabin SA will invest 3.8 billion reais ($950 million) in its 'Puma 2' containerboard expansion project next year, and will end 2019 with lower stocks of cellulose than it did last year, executives said on Tuesday.
Cascades Inc. announces that it will permanently close tissue converting operations at its Waterford, New York and Kingman, Arizona plants, effective March 27, 2020.
The book business, acquired in 2010 as part of the World Color transaction, generates around $200 million in sales annually. It has facilities in Versailles, Kentucky, Fairfield, Pennsylvania and Martinsburg, West Virginia with around 1,350 full- and part-time employees.
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