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As indicated in its September 4 announcement of the closure of the Plateau and Fort St. John operations, Canfor Corporation remains committed to exploring opportunities to divest some of its northern BC tenure to support other BC manufacturers who are facing similar challenges accessing economic fibre to support their operations.
Kruger Inc. announced a $32.4 million investment at its Kamloops Pulp Mill to implement innovative technology to diversify its product portfolio and expand into fast growing markets. In addition to improving Kruger Kamloops' competitiveness, performance, and environmental footprint, this initiative will contribute to securing 340 jobs at the Mill, as well as 1,000 indirect jobs in B.C.
International Paper announced that it has filed with the U.S. Securities and Exchange Commission (the "SEC") a definitive proxy statement on Schedule 14A (including any amendments and supplements thereto, the "Definitive Proxy Statement") in connection with its pending acquisition of DS Smith Plc (LSE: DSS, "DS Smith") (the "Combination").
Dart Container Corporation, a leading foodservice packaging manufacturer, and PulPac announce a strategic partnership. Supported by PulPac's North American sales agent Seismic Solutions, Dart has become a PulPac licensee and is installing the first Dry Molded Fiber production line of its kind in North America: the PulPac Scala.
A devastating fire that began at a lumber processing mill in Weed, California, has led to a significant lawsuit filed by local residents against the mill's operators. On July 10, 2024, plaintiffs Ashley Navarre, Michael Navarre, Justis Navarre (through guardian ad litem Ashley Navarre), and Jacalyn Navarre (through guardian ad litem Ashley Navarre) filed a complaint in the Superior Court of California, County of San Francisco, against Roseburg Forest Products Co., Benjamin Hornsby, Jeffery Lee, and other unnamed defendants.
Finnish forestry companies will work with the government to protect wildlife and avoid a repeat of an incident in August when endangered river pearl mussels were crushed by forestry machines, Environment Minister Kai Mykkanen said.
The Memphis-based paper maker on Tuesday said that Silvernail, who joined the company to take over the top job in May from Mark Sutton, will succeed Sutton this time around as well.
The purchase represents efforts to reclaim stewardship over their traditional territories.
Canfor Corporation announced the completion of the subdivision and sale of its Forest License in the Mackenzie Timber Supply Area (TSA) equally to the McLeod Lake Indian Band and the Tsay Keh Dene Nation.
Stora Enso has appointed Pasi Kyckling as acting CFO until Niclas Rosenlew starts in his position as new CFO. Pasi will hold the role of acting CFO from 1 November 2024 until Niclas joins Stora Enso, at the latest in January 2025. As announced in May, Stora Enso's current CFO Seppo Parvi will assume a role with a company outside of the forest industry.
A British Columbia First Nations leader says the province must rethink its approach to the forest industry in light of Canfor Corp.'s decision to shutter two sawmills and leave 500 workers without jobs.
Georgia-Pacific announced it is modifying lumber operations at two of its lumber facilities located in Camden and Prosperity, South Carolina. Over the next couple of months, these sites will be discontinuing lumber production from logs while maintaining plywood core sawing operations. The modification will not have an impact on Georgia-Pacific's plywood facilities located within the same complexes as these lumber operations.
The United Steelworkers union is calling Canfor Corp.'s decision to shutter two northern British Columbia sawmills a "kick in the gut" for workers who will lose their jobs, calling for the company to lose its forest tenure rights in the province.
Falah Hadi, 32, was identified as the worker killed Tuesday at Menasha Packaging in Alsip as he guided a semi-trailer into a loading dock.
Fred Stephan, previously President, Amcor Flexibles North America, has been appointed to the newly introduced role of Chief Operating Officer.
The American Paper Plate Coalition ("APPC"), representing the majority of American paper plate production, announced that the U.S. Department of Commerce (Commerce) has made preliminary affirmative findings in the antidumping (AD) duty portion of investigations involving paper plate imports from China, Vietnam and Thailand, and imposed preliminary AD duties up to 1039.05 percent.
Ahlstrom, the global leader in masking and packaging tape base papers, has initiated a feasibility study for investing in tape base paper saturation and release coating capability. The feasibility study evaluates the most suitable approach to deliver these capabilities, and the final decision is expected to be made shortly after the study is completed.
Amcor, a global leader in developing and producing responsible packaging solutions, announced that its Board of Directors has appointed Peter Konieczny as Chief Executive Officer (CEO). Mr. Konieczny has served as Interim CEO since April 2024. The Board also intends to nominate him as a director for election at the Company's Annual Meeting of Shareholders which is expected to be held in November 2024.
Canfor will indefinitely curtail one shift at its Darlington facility in South Carolina, and reduce operating hours at its Estill, South Carolina and Moultrie, Georgia locations.
OPFD officials said that a conveyor belt carrying wood chips caught on fire.
Crews were able to contain the blaze before it got out of the building.
Following a thorough review of operating conditions, including the persistent challenge accessing economic fibre, ongoing financial losses, weak lumber markets and increased US tariffs, Canfor Corporation announced the closure of its Plateau and Fort St. John operations located in northern British Columbia. These closures will impact approximately 500 employees and will remove 670 million board feet of annual production capacity from our BC operations.
Sonoco Products Company, a global leader in high-value sustainable packaging, today announced that it has initiated a review of strategic alternatives for the Company's Thermoformed & Flexible Packaging ("TFP") business, a part of the Company's Consumer Packaging segment. Exploring alternatives for the TFP business is expected to accelerate Sonoco's portfolio simplification strategy, improve pro forma leverage and further increase shareholder value.
Containerboard production at Norske Skog Golbey in France is expected to start during the first quarter of 2025, previously the second half of 2024.
Greif, Inc., a global leader in industrial packaging products and services, announced the opening of its new facility in Pasir Gudang, Johor, Malaysia. This significant milestone marks a new chapter in Greif's commitment to delivering high-quality packaging solutions while contributing to the local economy.
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