|
|
Norske Skog Skogn will enter the European market for book paper during the Q2 2026. The new product, branded NOR Book, will be offered in standard qualities pertaining to bulkiness, brightness, and shade.
The idea would be to make two independent companies, which could focus more on their individual areas and be more streamlined. Stora Enso would continue as a renewable packaging provider.
A unique opportunity to acquire high-capacity paper manufacturing equipment and mill support assets is set to unfold as three leading industrial asset management firms--PPL Group, CRG, and Rabin Worldwide--join forces to conduct a public auction of the former Ponderay Newsprint Mill located in Usk, Washington. The auction will be held online and the two-day sale will be on July 22nd and July 23rd. Pre-Auction offers are encouraged.
Nobody was injured by a fire that broke out at a paper plant in Calhoun, TN late Monday night, June 16.
The agreement was announced on April 9. All necessary approval and closing procedures and conditions have been satisfied. With four new facilities, Sofidel further strengthens its production footprint in the North American market, which today accounts for 50% of the Group's total revenue.
The inauguration brought together nearly 20 clients from CMPC's pulp, boxboard, sack kraft, and wood businesses. Guests were welcomed into the company's newly remodeled offices and participated in a series of events aimed at reinforcing collaboration and mutual growth.
TFL 3 is located within the Selkirk Natural Resource District, about 40 kilometres north of Castlegar, near Slocan, Canada.
Stora Enso and Metsähallitus Parks & Wildlife Finland announced the start of a cooperation to protect the highly endangered freshwater pearl mussel in Finland. During the almost six-year contract period, mussel habitats will be mapped, inventoried and restored, watercourses will be restored and managed, and information system data will be improved. Stora Enso will finance the programme with Euro 1.1 million by the end of 2030.
One person died and five others sustained injuries after a reactor burst at a factory in Kamptee, around 17 kilometres from Nagpur city, on Tuesday, June 17.
Metsä Board ended board production at its Tako mill in Tampere, Finland, on June 17 after shutting down board machine BM1. The closure removed 210,000 tonnes of folding boxboard capacity--about 13% of the company's total--and followed change negotiations announced in March as part of efforts to improve profitability and cost competitiveness, according to Metsä Board Corporation.
Western Forest Products says the curtailment is due to a "shortage of economically viable logs that fit the mill and market conditions."
The layoffs are effective Aug. 10.
Antalis signs a binding agreement to acquire Club Groupe, a recognized French player in the Visual Communication sector, thereby strengthening its strategic position in the national market.
30,000 Tons of Specialty Paper Capacity Returns Online to Meet Growing Demand for Sustainable Food Packaging
As Japan accelerates its Green Growth Strategy to achieve carbon neutrality and economic sustainability, APP Group is strengthening bilateral economic relations by providing sustainable forestry solutions and responsible pulp and paper production.
The amended and restated loan agreement includes, among other things, a liquidity covenant and a profitability target replacing the current leverage covenant up to and including 30 September 2026.
A small crew could be seen on the roof where a hole had been opened up and smoke was pouring out.
The Pixelle paper mill in Chillicothe is set to officially shut its doors on Aug. 10. The company issued an updated notice Tuesday morning, announcing the official closure date.
Approximately 100 senior salaried and directors were included in the scope of the negotiations. As a result of the negotiations, a reduction of 9 positions will take place.
A possible write down will affect Spinnova's results negatively in 2025. Spinnova has not given financial guidance for 2025.
The extent of damage is unknown, and the cause remains under investigation.
A historic investment of nearly $1 billion in the region since 2018 to create a major tissue product manufacturing hub in North America
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program.
Despite earlier public statements made by H.I.G. Capital and Pixelle that the facility would remain operational through the end of 2025, it has become increasingly clear that at least some operations may cease prior to that date.
A 30-year-old Domtar Crofton Mill worker died after the heavy equipment he was operating fell into the ocean and he was trapped inside on Wednesday, June 4.
|
|
|
|
