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Hossain to replace Russell Hagen, who is retiring at the end of 2024.
Kruger Inc. announced a $23.75 million investment in an innovative demonstration project for carbon capture and reuse at its Wayagamack Mill in Trois-Rivières, Canada.
The man was identified as John Scerbik of Yakima. Yakima County Chief Deputy Coroner Marshall Slight said the forklift went over an embankment and flipped, crushing Scerbik underneath it.
Stora Enso has signed an agreement to divest its real estate of the Sunila site in Kotka, Finland, to AALTO Development Oy. AALTO Development is a Finnish, privately-owned property development company focusing on high-quality architecture and urban planning.
Veritiv Operating Company, a leader in specialty packaging distribution, announced today that it has acquired substantially all the assets of PAX Global, a distributor and converter of custom packaging products with annual revenues of approximately $45 million.
The transaction covers the entire operations of the German company in Poland.
Transformation of Non-Core "Corporate Orphan" into Strong, Standalone Business Creates Excellent Outcome for Iconex Associates and Atlas Investors.
KraftPal Technologies, a leader in sustainable pallet solutions, is proud to announce its strategic partnership with Orora Packaging Solutions to deliver its innovative corrugated pallets to Orora's wide customer base across the U.S.
Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on 14 October 2024.
Completion of the Sale Accelerates Transformation into a Premier Independent Supplier of Paperboard to North American Converters and Significantly Reduces the Company's Net Debt.
In total, 526 hourly employees and 148 salaried employees will be impacted.
Mika Kekki has been appointed Executive Vice President of UPM Specialty Papers as of 1 January 2025. He will continue to be a member of UPM's Group Executive Team and report to UPM's CEO Massimo Reynaudo.
Stora Enso secures wood supply for its Oulu packaging board site by acquiring Finnish sawmill company Junnikkala Oy. The acquisition, valued up to Euro 137 million, aims to ensure cost-efficient wood sourcing and bolster Stora Enso's wood products segment. Closing conditions include regulatory approvals, with completion expected by mid-2025.
The company's announcement on Iowa's Worker Adjustment and Retraining Notification, or WARN, website states the Waukee facility will shut down Jan. 10, idling 88 workers.
Metsä Board Corporation has initiated change negotiations regarding potential temporary layoffs at its paperboard and BCTMP mills in Finland. These talks will impact approximately 1,100 employees across seven mills: Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele, and Äänekoski.
Rayonier Advanced Materials Inc., a leader in High Purity Cellulose, today announced that its Jesup, Georgia facility has fully resumed operations ahead of schedule, following an isolated fire on October 11. All production lines have returned to producing on-grade material at full capacity..
Following the fire at Mondi's Stambolijski mill (Bulgaria) on Tuesday 24 September 2024, the Group has announced that it will permanently close the mill.
Paper Excellence Group announced the operational integration of the recently acquired Domtar Corporation (and other legal entities) and Resolute Forest Products with the legacy Paper Excellence business, forming a leading, unified forest products company in North America. This integration represents a strategic alignment of the companies' strengths, resources and expertise, creating a stronger organization poised for future growth and innovation, while maintaining the highest levels of environmental stewardship. Together, the companies will now be doing business as Domtar.
Metsä Group marked the inauguration of the bioproduct mill in Kemi on Wednesday, 23 October 2024. The mill was inaugurated by President of Finland Alexander Stubb, chair of Metsäliitto Cooperative's Board of Directors Jussi Linnaranta, and President and CEO of Metsä Group Ilkka Hämälä.
International Paper will shut down its container facility in Statesville, resulting in the loss of 74 jobs, according to a filing with the N.C. Department of Commerce.
Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group.
International Paper Co. plans to close its Cleveland, Tennessee, production plant after 61 years and cut 115 jobs, according to a filing with the state.
The project would create over 400 new jobs and increase the UK's self-sufficiency in this market by 30 percent.
KP Tissue Inc. and Kruger Products Inc., Canada's leading tissue products manufacturer, are pleased to announce the completion of the construction of a new plant on a site adjacent to the existing Sherbrooke TAD facility and the successful start-up of their new double-width light dry crepe (LDC) tissue machine with a capacity of 60,000 metric tons.
Rayonier Advanced Materials Inc., a leader in High Purity Cellulose, announced that power has been fully restored to its Jesup, Georgia site and that the A Line has restarted operations. The A Line, which primarily produces cellulose specialties for use in filtration, food and pharmaceuticals, and tire cord, is currently operating at approximately 80 percent capacity, with an anticipated ramp-up to full capacity within a week. Repair work on the B line is ongoing and is expected to be completed with a restart on or around October 28.
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