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The PERTE would involve a total investment of Euro 101.5 million and the creation of 440 direct and indirect jobs.
The U.S. Department of Commerce has launched its seventh administrative review of anti-dumping and countervailing duties on Canadian softwood lumber for the period from January 1, 2024, to December 31, 2024.
Irving Paper says it has permanently shut down 50 percent of its operations due to New Brunswick's "uncompetitive industrial electricity rates."
A fire was reported Sunday morning at the Procter & Gamble plant in Oxnard, resulting in apparent smoke inhalation for two workers who were taken to a local hospital for evaluation.
First Quality Tissue Midwest will invest $984 million in the project and has committed to create more than 400 new jobs and $22.5 million in new annual payroll by 2032.
Fire crews returned to the Weyerhaeuser Plant in Columbia Falls early Friday morning, Feb. 21, to extinguish a fire.
Firefighters responded to a call of a fire at Cheney Pulp and Paper in Franklin at around 6:25 a.m. on Wednesday, Feb. 19. Upon arriving they found nobody suffering from injuries, and managed to extinguish the majority of the fire relatively quickly.
Firefighters arrived at the scene at 7:51 a.m. to find a large explosion had occurred, with fire spreading throughout the east end of the building. Multiple agencies from nearby cities also responded to the incident
Paper and packaging company Mondi notified the European Union's merger watchdog of its plan to buy Schumacher Packaging's western European assets for 634 million euros ($660.8 million).
British Columbia-based forestry giant Interfor reaped an estimated $1.8 million in net profit from logging in old-growth areas that were meant to be preserved, a decision by the province's Forest Appeals Commission says.
According to the ordinance's language, Kimberly-Clark Corporation and Kimberly-Clark Palmetto Inc. "acting for themselves, one or more current or future affiliates, and other project sponsors" would like to "establish and/or expand a manufacturing and distribution facility in county."
Nippon Paper Industries, Sumitomo Corporation, and Green Earth Institute have reached an agreement to establish a joint venture company, Morisora Bio Refinery LLC, which will focus on the production and sale of bioethanol and biochemicals derived from woody biomass. Establishment of the joint venture is scheduled for March 2025.
Kruger Inc. announced a $6.5-million investment to implement an innovation project aimed at diversifying production at its Wayagamack Mill in Trois-Rivières.
The company states: "We continue to experience challenging SBS industry conditions, with supply exceeding demand, but we remain optimistic about the future growth prospects of paperboard packaging. We are taking actions to address the resulting near term margin pressure by reducing fixed costs, including eliminating more than 10% of all positions across the company. These combined actions should deliver $30 to $40 million in cost savings in 2025. While our industry is currently in a down cycle, we continue to invest in our assets to ensure that they remain competitive in the long-run."
The workers voted on Saturday to accept an improved deal, with their return scheduled for 6:00am Sunday, February 16th.
Oji Fibre Solutions has announced the outcome of a consultation process to simplify operations at Kinleith Mill, aimed at further action to stabilise and strengthen the company.
Domtar plans to start construction on the new treatment system later in 2025.
Materials from the McKinley Paper mill in Combined Locks have been spilling into the Fox River for over two weeks.
The company also said it will close its recycling plant in Phoenix and box plant in Hazelton, Pa., during the same time period.
Sylvamo announces major investments at its two South Carolina facilities. The company plans to invest approximately $145 million in high-return projects to reduce costs and significantly enhance the capabilities at its mill in Eastover, South Carolina.
Georgia-Pacific continues its investment in its plywood mill located in Prosperity, South Carolina through $14 million worth of upgrades and improvements to mill operations. One of the major focuses of this project will be to upgrade the existing boiler, which will increase fuel efficiency, reduce environmental impact, and help boost the local economy through the jobs the project will create during the renovation.
The project would create over 400 new jobs and increase the UK's self-sufficiency in the tissue paper market to approximately 85%.
The state of North Carolina has settled its lawsuit against Pactiv Evergreen, with the company agreeing to repay about half of the $12 million it received for creating jobs at the now-shuttered Canton paper mill.
Layoffs are expected to begin April 11 and conclude on or before June 13, the notice states.
Interfor Corporation has been cleared of mismanagement claims in regards to its logging practices north of Grand Forks.
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