|
|
Citing a drop in publisher demand for print publication titles and significant structural changes impacting the industry, Chicago-based LSC Communications filed a Form 8-K with the Securities & Exchange Commission (SEC) on Jan. 14 announcing it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.
Resolute Forest Products Inc. says it will spend $27 million to add a plant to produce cellulose filaments at its Kenogami paper mill in Quebec.
Georgia-Pacific announced Monday, Dec. 13, that it is permanently closing its Cuba facility.
Metsä Tissue announced that a fire broke out late Friday evening, Jan. 10, involving PM5 at the company's paper mill in Düren, Germany.
Verso Corp. Monday announced that its board had written shareholders in preparation for the company's Jan. 31 annual meeting. Verso wants shareholders to vote for seven nominees, holding fast against a large shareholder pushing for changes.
The cause of the incident is under investigation.
In a written statement, Northen Pulp stated that "the company continues discussions with government with respect to the site's hibernation plan. The length of time the facility will be in hibernation is currently unknown."
"We urge Verso Stockholders to not be fooled by the deceptive practices employed by Lapetus, Atlas and Blue Wolf to confuse you and to deflect attention from their ultimate objective - to control the Company without paying for it."
Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.
Last year on Nov. 8, workers at the mill were told the operation would permanently shut down due to logging costs, market conditions and policies as of Jan. 8, 2020.
Mondi said it would close operations at the Deeside Industrial Park, Flintshire, where 167 jobs are at risk, and in Nelson, Lancashire, with 41 jobs affected.
Northern Pulp says it's committed to the province and wants to operate in Nova Scotia for the long term.
According to a release sent by Ontario's Ministry of Labour, Training and Skills Development, the worker was using a loader to move bundles of wood when the incident happened.
Based in Combined Locks, Wisconsin, US, Midwest Paper specializes in paper manufacturing and distribution. It also supplies recycled containerboard used for corrugated packaging and recycled bag products.
It is not immediately clear what the company's decision to continue with the assessment process means for any potential long-term viability of the Northern Pulp mill.
WestRock has a total of five other locations in the St. Louis area, including one in the same vicinity of the facility they are planning on closing.
Stora Enso has signed an agreement to divest its sawn construction timber (KVH) mill at Pfarrkirchen in Germany, to the fund LEO II. - VV1 GmbH, managed by the private equity firm Dubag Group.
Pixelle Specialty Solutions has promoted Timothy R. Hess to Chief Executive Officer (CEO). Mr. Hess will continue to report to Steven J. Klinger, Executive Chairman of Pixelle.
The Chilean Supreme Court fined local paper manufacturer CMPC and a division of Sweden's SCA for having colluded for at least a decade in the Chilean tissue and toilet paper market, the Chilean antitrust authority said Monday.
Over the next three years, J.D. Irving, Limited (JDI) is forecasting over 6,800 full time hires as well as 2700+ student hires across the company's diverse operations in Canada and the U.S.
Feldmuehle GmbH has successfully completed the self-administration insolvency proceedings that began at the end of 2018.
The billion-dollar Visy Pulp and Paper mill near Tumut has set up constant fire patrols around its mill and is ready to implement an action plan to shut down its operation if the Dunns Road fire should threaten.
Universal Forest Products, Inc. announced it has completed the reorganization of its operations and is now operating as UFP Industries, a change announced in August 2019. The name UFP Industries more accurately describes the company today.
Sonoco announced it has completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for $187 million in cash.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
|
|
|
|
