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Essity continuously evaluates its various businesses to increase long-term value creation. In the strategic review of Consumer Tissue Private Label Europe it was concluded that the business as a result of the implemented divisionalization, is a competitive and value-creating part of Essity.
Crews arrived to find the fire was spreading from the attic into the roof and a second alarm was declared.
Rottneros AB, one of the world's leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials.
Metsä Group has made its second Swedish investment in FineCell (FineCellOx AB), developer of the FineCell technology and producer of CellOx dry cellulose powder.
UPM has been listed as the only forest and paper industry company in the Dow Jones Global and European Sustainability Indices (DJSI) for the years 2023-2024. The indices cover environmental, social and governance aspects of responsibility.
Elopak has announced plans to build its first U.S. production plant with the latest state-of-the-art technology for better and more efficient production. The plant will produce Pure-Pak® cartons for liquid dairy, juices, plant-based products and liquid eggs. The new production facility will be located in Little Rock, Arkansas and is expected to start production in H1, 2025.
Two Southeast Asian paper makers, Royal Golden Eagle (RGE) and Asia Pulp & Paper (APP), have emerged as final bidders for Swedish tissue maker Essity's 52% stake in Hong Kong-listed Vinda International, three people with direct knowledge of the matter said.
Sean McLaren will succeed Ray Ferris as president and chief executive officer following Mr. Ferris's retirement at the end of the year. The board of directors has appointed Mr. McLaren to join the board of directors effective Jan. 1, 2024, in place of Mr. Ferris.
Pacific Bell Telephone Co. is suing an Oregon-based timber company, claiming negligence by Roseburg Forest Products Co. sparked the 2022 Mill Fire in Siskiyou County and cost the AT&T subsidiary more than $1 million in equipment losses as the blaze ripped through the community of Weed.
Anna Jonhed has been appointed CEO of Rottneros Packaging. She will take office during the first half of 2024 and will be part of the Rottneros group management.
Metsä Group's Kemi bioproduct mill is ramping up towards full capacity production and pulp deliveries to customers have started. It is planned to take approximately one year to reach full production capacity at the mill.
Fire crews made quick work of a fire at the Twin Rivers Mill in Little Falls on Thursday evening, Dec. 7.
VIDA AB, owned 70% by Canfor Corporation (TSX:CFP), announced today that it will invest approximately 700 million SEK (CAD$85 million) at its Bruza Sawmill in Hjältevad, expanding production from 175 million board feet to 240 million board feet.
Mondi, a global leader in sustainable packaging and paper, has expanded its range of saturating kraft paper and increased capacity, in order to improve and enhance its service to manufacturers of internal and external building panels, worktops, furniture and technical films.
DS Smith CEO Miles Roberts plans to retire after 13 years, the British cardboard maker said on Thursday, as the company reported a sharp drop in half-year profits and said the macro environment was challenging for demand.
Strong by Form said its wood panels achieve the strength of concrete with one tenth of the weight, and also use less trees than cross laminated timber products, according to the statement.
It was not immediately known what caused the fire.
Weyerhaeuser, one of the world's largest private owners of timberland including 1.39 million acres in Louisiana, announced it is investing $96.2 million to modernize and decarbonize its Winn Parish lumber mill. The upgraded technology is designed to increase overall safety, productivity and product reliability.
Investments to the Halsey mill will increase production capacity for high quality bath tissue, with initial production expected in 2025. By the end of this project, Georgia-Pacific will have invested over $200 million in paper machine and converting assets at Halsey since 2022.
Saica Group has reached an agreement to acquire the total shares of the waste management and collection company, Ecovidal-Miguel Vidal e Hijos. Through this acquisition, Saica Natur strengthens its presence in the Henares corridor, an important business, industrial and residential area in the north-east of Madrid region.
Veritiv Becomes Privately Held Company
The planned conversion of the Escanaba paper mill to produce cartonboard has stalled due to economic conditions, according to company officials.
Purchase and sale agreements with Forest Investment Associates set to increase cash flow and optimize portfolio value
The net impact of the transaction on Mativ's debt is expected to be a reduction of more than $600 million, which equates to approximately 35% of Mativ's outstanding debt balance as of the end of the third quarter, and is subject to customary post-closing adjustments.
Green Bay Packaging -- a paper company that makes shipping containers, cartons and label products -- is set to build a new regional corporate headquarters to replace its current facility in Germantown.
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