Leading Stories

The company said it "restarted the previously idled A62 paper machine in 2021 at a time when our North American customer base needed additional supply of uncoated freesheet paper," but now "demand for these products has reached a level that no longer requires this production capacity."

International Paper is in the process of starting up its Riegelwood Mill after shutting it down due to a cyberattack, a company spokesperson said Thursday morning.

Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions and print products and solutions, announced today that it has acquired Vivabox Solutions, a full-service provider of customized, premium marketing solutions including tailored, multi-brand kitting solutions and packaging products for global luxury and premium consumer brands.

Pipefitter Gary Lefebvre, 45, was injured in a Jan. 31 accident at Intercontinental Pulp Mill in Prince George.

The investment will increase its production in Austria by 20%.

The transaction value is approximately $700 million, based on Adjusted EBITDA of approximately $100 million.

Effingham County Fire Rescue says they'll continue to fight a lumber yard fire into the night, this after crews have been there most of Sunday afternoon, Feb. 18.

Nearly 100 workers lost their jobs at Mohawk Fine Papers, Inc., when the company announced an immediate shutdown during a meeting with employees on Tuesday afternoon.

The Supreme Administrative Court of Finland dismissed the appeal made against the environmental permit package for Metsä Group's Kemi bioproduct mill, as well as the appeal regarding the decision on the environmental permit package issued by the Vaasa Administrative Court on November 14, 2022.

Interfor announced that it will indefinitely curtail its sawmill operations in Philomath, Oregon. This curtailment is in response to persistent high log costs in the region and ongoing weak lumber market conditions.

Enviva, the leading exporter of wood pellets in the United States, is on the brink of filing for Chapter 11 bankruptcy following a significant misjudgment in future commodity prices, which led to substantial financial losses. Maryland-based company might proceed with the bankruptcy filing by the end of this week, pending the expiration of a 30-day grace period due to a missed $24 million interest payment to bondholders, according to reports.

Metsä Group's tissue and greaseproof paper business is investing in three new state-of-the-art converting lines for folded and rolled tissue paper to its mill in Mariestad, Sweden. The investment will enable large scale high quality hand towel production in Scandinavia. In addition it entails efficiency and energy savings as well as improved working environment and safety.

Members at more than four dozen WestRock locations across 24 states voted in December to ratify a new four-year master agreement covering more than 5,500 USW members.

Stora Enso also reports against the SASB's Sustainability Accounting Standards for Forest Management and Containers & Packaging.

Brazilian federal prosecutors are asking a judge to unwind a 2017 deal handing control of pulp and paper company Eldorado from Brazilian firm J&F to Paper Excellence Group, citing restrictions on foreign land ownership.

While the exact cause of the fire was not known, it was baled material to be recycled that was ignited at the Number 4 storage pad.

The paper and packaging company says its corrugated medium mill in Trenton, Ont., that is currently idled will not restart operations, while converting plants in Belleville, Ont., and Newtown, Conn., will close by May 31.

Antalis continues to expand internationally and has signed a binding agreement to acquire Pakella, a leading player in the distribution and manufacture of industrial and food packaging in Latvia, Lithuania and Estonia. Pakella is a leading packaging distributor in Baltic countries with a Euro15 million turnover in 2023 and 60 employees.

Carbon Capture Pilot at Vicksburg Containerboard Mill: Vicksburg, Mississippi

The planned program amounts to approximately Euro 100 million and the related investments are to be carried out over the period of next five years.

Canfor Pulp president and CEO Kevin Edgson says the new owner is committed to repurposing the site and developing a long-term plan that will benefit the community.

Under UK takeover rules, Mondi now has until March 7 to "put up or shut up" -- in other words, make a firm offer or walk away -- unless the deadline is extended with the consent of both parties.

Mill underwent deep-cleaning, maintenance, major repairs, significant projects.

No injuries were sustained in the incident.

Amcor, a global leader in consumer packaging, has announced a major restructuring plan in response to a significant drop in consumer demand. The company has slashed 2,000 jobs, which equates to 5% of its worldwide workforce, and is in the throes of shutting down nearly 10 factories across the globe.