Leading Stories

Suzano S.A. hereby informs its shareholders and the market in general the execution, on October 24th, 2022, of an Equity Purchase Agreement entered into by and between the Company, as Buyer, Kimberly-Clark Brasil Indústria e Comércio de Produtos de Higiene Ltda.

Brazilian pulp and paper producer Klabin SA said Friday it has agreed to sell tracts of forest property for 230 million reais, the equivalent of $44 million.

Paper Excellence shutting down mill after impasse with union

Armed and hooded individuals have set fire to the Oldenburg Camp, on Arauco's forestry land in the commune of La Unión, in the Araucanía region of southern Chile. The assailants, between eight and ten, arrived at the site, intimidated workers who were having dinner at the time and burned company infrastructure and vehicles, according to Chilean radio station Radio Bío Bío.

The Eldorado deal has been on hold for five years. It was signed in September 2017 but never concluded due to the parties' disagreement over the closing.

Stora Enso has decided to invest approximately EUR 1 billion to convert the remaining idle paper machine at the Group's Oulu site in Finland into a high-volume consumer board production line.

Interfor announced plans to reduce its lumber production output in the fourth quarter of 2022 by approximately 200 million board feet, or 17% of quarterly capacity, as current economic conditions and market uncertainty have led to reduced lumber demand.

New 210,000 tonne per year kraft paper machine will meet the growing demand for paper-based flexible packaging

Employees at the Graphic Packaging paper mill in Cass County went under lockdown the morning of Tuesday, Oct. 18 after a man drove his vehicle through the security gate. Motorist told deputies he didn't know where he was and thought he was driving on the highway.

Chronic lack of fibre could see more mills shut down by Christmas

Boise Cascade's Building Materials Distribution (BMD) division announced the acquisition of 4.67 acres of land adjacent to its Albuquerque, New Mexico branch.

Rengo Co., Ltd. announces that its consolidated subsidiaries, Kato Danboru Co., Ltd.'s Noda Plant and Sanwa Danboru Co., Ltd., have decided to cease operation of their outdated corrugators and remove them at the end of September 2022.

The final major component to allow installation of a newly constructed paper machine at ST Paper's mill arrived at Duluth port on Monday via the Federal Kumano.

Up to 50 or 60 firefighters on the scene.

Alistair McAlinden and Blair Nimmo, of Interpath Advisory, were appointed joint administrators of the 10 UK based companies within the Arjowiggins UK Group on Thursday 22 September 2022, including Arjowiggins Scotland Limited and Arjowiggins Chartham Mill Limited.

According to a notice filed with the Wisconsin Department of Workforce Development, the layoffs took effect on Monday. G-P promises to pay employees for at least 60 days, in accordance with state law.

While efforts continue at the Menominee site to suppress remaining smoldering hot spots and cleanup efforts begin, Kursman said the facility is idled and production is not expected to resume in October. He said the company will continue, however, to pay employees at this time.

Fernandina Beach employees at the Westrock Paper Mill protested Monday morning as contract negotiations continued.

In total the four weeks of downtime is reducing Canfor Pulp's production output by approximately 28,000 tonnes of market kraft pulp.

Conifex Timber Inc. continues working with its engineers and contractors to resume operations at its power plant in Mackenzie, British Columbia, Canada, for which necessary repairs have been faced with global supply chain issues impacting replacement parts.

The Oregon Department of Environmental Quality recently fined Georgia-Pacific's Toledo mill about $62,000 for alleged air and water quality violations, some dating back two years.

The declaration will make state resources available to help fight the fire at Resolute Forest Products.

Investment will create the world's largest specialty hemp fibre processing and purification company

Smurfit Kappa said it is investing almost $100m in a sustainable biomass boiler in Colombia which will reduce its global Scope 1 and Scope 2 CO2 emissions by about 6%.

The acquisition includes Port Townsend Paper Corp. and Crown Corrugated Co. as the latest additions to its manufacturing and distribution businesses.