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Corner Brook Pulp and Paper said Friday, April 5, that it was temporarily halting operations at its western Newfoundland mill.
DS Smith PLC on Thursday said that an extension had been agreed for its potential takeover by Mondi PLC, though the company still holds a more lucrative offer from International Paper.
DS Smith PLC on Thursday said that an extension had been agreed for its potential takeover by Mondi PLC, though the company still holds a more lucrative offer from International Paper.
The management of the Sonoco Hellas paper mill announced to its 98 employees on Tuesday that it is closing its two facilities in Greece definitively on June 1.
Napoli Shkolnik and the other members of the PFAS Settlement Steering Committee praise U.S. District Judge Richard Gergel's decision; Settlement follows $1.18 billion DuPont approval.
Crews extinguished the fire quickly before it extended to the building or other equipment.
West Fraser Timber Co. Ltd. and Mercer International Inc. announced an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper. West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company.
At one time, the sawmill had employed more than 120 people.
The new state-of-the-art 4-colour converting machine will produce the well-known FEFCO 0201 bespoke boxes and alternative grades for customers. It is currently in start-up phase and equipped with an advanced automatic inline error detection system.
DS Smith has completed acquisition of packaging company, Bosis doo. With the acquisition of Bosis doo, DS Smith's total packaging operations in Eastern Europe will comprise 30 box plants and additional facilities, employing more than 7,000 people in the region.
The Tlowitsis, We Wai Kai, Wei Wai Kum and K'ómoks First Nations (the "Nations," all member First Nations of the Nanwakolas Council), and Western Forest Products Inc. ("Western") announced the completion of the previously announced agreement for the Nations to acquire a 34% interest from Western in a newly formed Limited Partnership for $35.9 million.
Police reports filed in the wake of a March 8 fatality inside the Georgia-Pacific paper mill in Camas, shed light on what may have happened in the moments leading up to the death of 32-year-old mill employee Dakota Cline.
Ahlstrom, the global leader in masking and packaging tape base papers, has finalized an investment to upgrade and convert a paper machine in its Thilmany plant in Wisconsin, USA, to produce stretchable creped base papers for masking tape and is now ramping up the production. The new investment adds a crepe paper production capacity of 30,000 tons per year.
Four contract workers were injured in the incident that created a 'fireball' at the mill on Friday.
According to Longview Fire Department Fire Marshall Jon Dunaway, a fire was reported around 9 p.m. in a conveyor belt system. The damage was limited to the system, and no injuries were reported.
The Greensville Volunteer Fire Department says a large fire resulted from an explosion at the Georgia Pacific facility in Emporia.
Holmen's Board has decided to invest SEK 1.5 billion ($142 million) in the construction of Blisterliden Wind Farm in Skellefteå Municipality, Sweden. As part of Holmen's drive to develop its renewable energy business, the investment will boost hydro and wind power production by 20%.
The proposal comes less than three weeks after DS Smith reached an in-principle agreement with its UK-listed rival Mondi, which made an all-share takeover offer valuing DS Smith at 5.14 billion pounds.
The cash funded at closing consisted of the previously announced transaction value of $538 million, plus $38 million for a ticking fee that compensates the seller for earnings that inure to Greif, other customary debt/cash adjustment items, and FX impact.
The order value amounts to just over SEK 1.5 million ($141,242). Training of the customer's staff is included in the price, but costs for commissioning are added.
A gas explosion occurred at Metsä Group's Kemi bioproduct mill in the evaporation plant during welding work on Thursday 21 March 2024. Three people were slightly exposed to hydrogen sulphide and were referred for a health check. The persons have returned to work after the check-up.
The change negotiations will start in week 15 and will involve the entire workforce of the Kemi bioproduct mill, around 300 people in total.
Mondi is committed to reducing water use and increasing water recycling in its operations. A great local initiative on reducing water use comes Mondi's Stambolijski mill in Bulgaria.
Mondi, which produces sustainable packaging such as paper wrappers and envelopes, finalized its purchase of the pulp and paper mill last month for $5 million.
ND Paper says it is making some changes to its mill in Rumford due to "challenging market conditions."
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