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The U.S. Department of Commerce has proposed increasing the anti-dumping duty on Canadian softwood lumber from 7.66% to 20.07%, nearly tripling the rate set three years ago.
The incident forced a one-day suspension of operations in the chemical plant.
The 168MW project, owned by Port Hawkesbury Paper Wind (PHP Wind), will be the largest wind farm in Nova Scotia and Maritime Canada upon completion.
On Saturday, March 1, fire crews responded to stubborn fire at West Fraser's Riegelwood, North Carolina, sawmill.
UFP Packaging, a subsidiary of UFP Industries, expanded its U.S. manufacturing footprint by opening a new 165,000-square-foot corrugated facility in Jeffersonville, Ind., that will continue to undergo advancement and expansion throughout 2025. The latest expansion features advanced graphics and production capabilities for retail and e-commerce markets.
Weyerhaeuser's stock is gaining as investors anticipate that the company will benefit from new 25% tariffs on Canadian lumber imports. The Seattle-based firm, which owns 10.4 million acres of timberland in the U.S. and logging rights on another 14 million acres in Canada, is expected to sell lumber and wood panels at higher prices without the added cost of tariffs on cross-border shipments.
Metsä Group's parent company Metsäliitto Cooperative will sell its wood supply business in Latvia carried out by Metsä Forest Latvia SIA to Latvian company ACA Timber. The parties have also agreed long-term deliveries of pulpwood and chips to Metsä Group.
Sealed Air Corporation announced that Emile Chammas, Senior Vice President and Chief Operating Officer, will depart from the company effective April 1, 2025. The departure is a mutual agreement, according to the company's latest 8-K filing with the Securities and Exchange Commission.
Tolko Industries, based in Vernon, B.C., has cut its consultant workforce, resulting in several people losing their jobs.
Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, announced a $50 million investment in its Cedar Rapids, Iowa facility to modernize and expand the production of industrial starches for the packaging and papermaking industries.
Utility answers criticism that it's to blame for job losses in Saint John.
The companies will begin a strategic review of Woodspin and will renegotiate the exclusivity rights.
Tim Nicholls named Executive Vice President and President of DS Smith, an International Paper company; Lance Loeffler named Senior Vice President and Chief Financial Officer
Firefighters put out a fire at the Georgia-Pacific paper mill in Zachary on Thursday, Feb. 27.
Multiple fire department responded to a structure fire at a PotlatchDeltic Forsyth Township lumber mill Friday morning, Feb. 28.
ND Paper plans to re-start PM 25 at its Biron, Wisconsin mill. This machine was idled in April of 2023. With the successful conversion of PM 26 at Biron to recycled packaging and the growing demand for ND Paper's packaging products, the Company to add the capacity of PM 25 back to its portfolio.
Two of Domtar's values are collaboration and entrepreneurship, qualities the Nekoosa, Wisconsin, mill recently demonstrated via a partnership that turned a costly sourcing challenge into an innovative project with environmental, operational and economic benefits.
Amcor plc and Berry Global Group, Inc. announce that at their respective shareholder meetings, held yesterday, shareholders of both companies overwhelmingly voted to approve the combination of these two companies. This approval satisfies the shareholder vote condition for the combination, originally announced in November 2024.
Robert P. Mundy, PCA's Executive Vice President and Chief Financial Officer, will step down as CFO on May 1, 2025 and remain employed by PCA in an advisory role through his planned retirement date of March 1, 2026. Bob has served as PCA's CFO since 2015. Kent A. Pflederer, PCA's General Counsel since he joined PCA in 2007, will become PCA's Executive Vice President and CFO on May 1, 2025.
U.S. President Donald Trump announced on Thursday, Feb. 27, that his proposed 25% tariffs on Mexican and Canadian goods will take effect on March 4 as planned.
New facility project will store up to 9,000 pallets and support local employment, reinforcing Saica Group's long-term commitment to the UK Northeast market.
Suzano and Bracell showed interest in Paraguayan group's assets, including 100,000 hectares of eucalyptus.
The PERTE would involve a total investment of Euro 101.5 million and the creation of 440 direct and indirect jobs.
The U.S. Department of Commerce has launched its seventh administrative review of anti-dumping and countervailing duties on Canadian softwood lumber for the period from January 1, 2024, to December 31, 2024.
Irving Paper says it has permanently shut down 50 percent of its operations due to New Brunswick's "uncompetitive industrial electricity rates."
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