Leading Stories

"The public deserves much more transparency from Paper Excellence..."

Mere days before the Canton mill closure was announced, four top corporate brass sold stock shares -- cashing in just before the stock dropped substantially. Now, Congressman Chuck Edwards is calling on the Securities and Exchange Commission to investigate whether it amounted to insider trading.

'A good facility in a good location,' says Canfor Pulp president.

Essity has made another breakthrough on its journey to net-zero emissions by 2050. In a recently concluded pilot, Essity became the first company in the industry to produce tissue in a CO2 emission-free production process using renewable hydrogen at its production facility in Mainz-Kostheim, Germany.

Heinzel will take over the Steyrermühl site from UPM on January 1st, 2024, according to an agreement signed in 2022, and will enter the market with a new range of unbleached and bleached kraft papers shortly thereafter.

Clearwater Paper is closing a consumer tissue converting and distribution facility in Thomaston, Ga., in a move that will affect 150 employees who will be given opportunities to seek open positions within the company.

Celgar now says it will curtail production from March 18 to 28.

The Sonoco Hutchinson Paper Mill has closed, affecting over 100 employees as a result.

According to officials, these changes will eliminate around 1,300 positions.

Successful completion of wet section rebuild by Toscotec; machine glazed PM2 produces specialty papers including MG grades, flexible packaging products.

Tolko Industries will restart its curtailed mills in Armstrong and Soda Creek next week.

Kamloops council has agreed to send a letter of support to the provincial government.

Canfor Corp. says it is does not see a path forward to restarting its pulp mill operations in Taylor, and has begun exploring alternative uses for the site.

Mercer International Inc. reported that it has signed its first major mass timber project contract with a large consumer products retailer. The project, which is comprised of cross-laminated timber panels, glue-laminated beams and connector elements, is expected to utilize four months of capacity at Mercer's Spokane facility on a one-shift basis over the course of 2023.

The enterprise value of the transaction is approximately EUR 210 million.

Chilean pulp and wood panel maker Arauco, the forestry arm of industrial group Empresas Copec, on Wednesday estimated it could take a $50 million hit due to fires raging in the country's south.

Nitto Danboru is a corrugated packaging manufacturer established in 1966.

The construction work on the new warehouse is expected to start at the end of 2023, to be put into operation in the summer of 2025.

The Paper Excellence Group, through its wholly-owned subsidiary Domtar Corporation, on April 1 announced the successful closing of its previously announced acquisition of Resolute Forest Products Inc.

Domtar Corporation, a part of the Paper Excellence Group, and First Quality Enterprises, Inc. announced that they have entered into an agreement to sell Domtar's Dryden pulp mill to First Quality.

Smurfit Kappa is investing €27 million in a state-of-the-art new waste management and recovery facility at its Nervión paper mill in Iurreta, Spain. The investment will see the mill adopt a fully circular production process involving the biggest landfill reduction project Smurfit Kappa has undertaken to date to support the delivery of its 2025 sustainability commitments.

Some pulp mill employees affected by pending closure have already left Canfor.

Mercer has promoted its Vice President, Controller, Richard Short to succeed Mr. Ure as Chief Financial Officer and Secretary.

Company hasn't settled discrepancies 3 years after cyberattack, unions say.

Resolute Forest Products announced that it has received all regulatory approvals for its planned sale to Domtar and expects the deal will close in early March.