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Due to unaffordability of operations in the current energy environment, temporary downtime has been initiated at the Bruck paper mill in Austria.
Firefighters were called to Dunn Paper in the town of Gouverneur shortly after 11 p.m. Sunday, March 6.
In support of the Ukrainian people as they deal with the tragedy unfolding in their country, J.D. Irving Limited will match their employees' donations to the Canadian Red Cross' "Ukraine Humanitarian Crisis Appeal" up to $100,000.
Sylvamo is beginning an orderly suspension of operations in Russia. The suspension will focus on employee and contractor safety and environmental stewardship. It will be conducted in a manner to allow a resumption of full operations in an environment consistent with the company's values.
To ensure the supply of high-quality forest seedlings now and in the future, Södra has decided to build a cold store that holds 40 million forest seedlings. The warehouse will be built near Falkenberg and will be ready in the summer of 2023.
Metsä Fibre, part of Metsä Group, starts negotiations on its plans to discontinue the lumber production in Kyrö, Finland in the summer of 2022. The production stop will affect all the sawmill's 73 employees.
Powell River Mayor Dave Formosa says he was "basically shocked" to learn that the corporation Paper Excellence, which owns the local Catalyst Tis'kwat pulp and paper mill, has listed the property with real estate firm Colliers, after collaborating enthusiastically with the community for months on the search for a climate-friendly successor.
Industry pressed with significant inventory challenges
UPM will cease its deliveries to Russia for the time being. UPM businesses will keep the Russian customers and suppliers informed of the situation.
The operations of Metsä Group's only production unit in Russia, the Svir sawmill, have been suspended.
BillerudKorsnäs and Viken Skog plan to initiate a feasibility study about future pulp production at Follum. This will be completed during the first half of 2023. The intention is to establish a state-of-the-art production line for bleached chemi-thermomechanical pulp (BCTMP) at the Follum mill with a capacity assumption of up to 200 kt/a.
This week, the U.S. Department of Energy (DOE) recognized International Paper for committing to reduce GHG emissions by 35% by 2030, aligned with the best available climate science, and to work with DOE to share successful solutions and decarbonization strategies. As a partner in DOE's Better Climate Challenge, International Paper is one of more than 80 organizations across the U.S. economy that are stepping up to the Challenge and driving real-world action toward a low-carbon future.
Ahlstrom-Munksjö will update this statement as necessary as the situation evolves.
Facing inadequate supplies of critical raw materials, Sylvamo may curtail or temporarily shut down pulp and paper production at its Svetogorsk, Russia, mill later this week. The mill is currently operating while the company takes steps to mitigate the supply chain issues and continue production.
Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia, employing around 1,100 people.
Mondi PLC said it continues to monitor the war in Ukraine, and how any potential sanction against Russia could harm its business.
Millar Western Forest Products Ltd. has completed the sale of its wood products assets to Canfor Corporation. The transaction included lumber and specialty lumber mills in Whitecourt, Fox Creek and Acheson, Alberta, Canada, and associated woodlands operations and timber holdings.
Chatham Asset Management, LLC, a leading private investment firm, and R.R. Donnelley & Sons Company announced that they have completed a transaction in which affiliates of Chatham have acquired RRD for $10.85 per share in cash.
The new meltblown line is expected to be online in mid-2024.
Canfor Corp. said Thursday it plans to sell its forestry and mill assets in Mackenzie for $70 million.
Kimberly-Clark Corporation, the pioneer of menstrual hygiene products, announced that it has completed its acquisition of a majority stake in Thinx, Inc., an industry disruptor and the leader in reusable period and incontinence underwear category. The company made an initial minority investment in Thinx in 2019.
Mondi has temporarily shut its industrial bags plant that employs about 100 people in Lviv in the west of Ukraine due to Russia's invasion of the country, according to a spokesperson.
Upon completion of the transaction, RRD's shares will no longer trade on the New York Stock Exchange, and RRD will become a private company.
Today (Feb. 24) the union announced a three weeks' extension to the strike at most UPM's Finnish mills, until 2 April 2022, unless new collective labour agreements are reached before that.
The Net Zero Water system at the Green Bay mill reduces water demand through use of reclaimed water and alternative water sources, offsetting the need for freshwater consumption.
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