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Displaying 1 - 25 of 18411 articles

Two-day online auction for former Ponderay Newsprint mill assets set for July 22-23

A unique opportunity to acquire high-capacity paper manufacturing equipment and mill support assets is set to unfold as three leading industrial asset management firms--PPL Group, CRG, and Rabin Worldwide--join forces to conduct a public auction of the former Ponderay Newsprint Mill located in Usk, Washington. The auction will be held online and the two-day sale will be on July 22nd and July 23rd. Pre-Auction offers are encouraged.

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Kruger Products' Memphis site announces new converting line for bathroom tissue and paper towels

Kruger Products Inc. announced that its subsidiary, K.T.G. (USA) Inc. will be investing approximately $35 million in a new converting line for bathroom tissue and paper towels at its site in Memphis, TN. The installation is expected to be completed in Q2/2026 and will create about 20 jobs.

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Sappi Europe plans to close paper machines at Alfeld mill in Germany; up to 200 jobs could be affected

To ensure long-term viability, the proposed restructure includes the potential closure of Paper Machine 1, Paper Machine 4, Offline Coater 2, and Sheet Finishing.

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Cascades announces the permanent closure of its Niagara Falls corrugated medium manufacturing operations

Cascades Inc. announces that its corrugated medium manufacturing facility in Niagara Falls, NY will be permanently closed as part of the optimization of the Company's packaging production platform. Production will end no later than September 3, 2025.

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Two-alarm fire at southwest Charlotte, N.C. Sonoco recycling center

Firefighters were able to get the fire under control in 50 minutes.

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Situation Under Control After Fire Department Deployment at Metsä Group's Kreuzau Plant - Production Continues Without Disruption

Thanks to the swift intervention of the Kreuzau fire department, it was ensured that no fire broke out in the boiler house.

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Nine Dragons Paper starts up new pulp mill in Hubei, China

The new state-of-the-art mill includes world-leading process technology and production equipment.

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Metsä Tissue to cut 93 jobs at Kreuzau mill in Germany

As a result of the negotiations, the total reduction of employees is 93 out of original estimation of 123 and made without compulsory redundancies.

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Packaging Corporation of America announces agreement to Purchase Greif Containerboard business for $1.8 billion

Packaging Corporation of America on July 1 announced that it has entered into a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash. The transaction is expected to close by the end of PCA's third quarter, subject to certain customary conditions and regulatory approvals.

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Rayonier Completes Sale of New Zealand Business to The Rohatyn Group

Rayonier Inc. announced the completion of the previously announced sale of entities holding its 77% interest in the New Zealand joint venture to a special purpose vehicle owned by an investment fund managed by The Rohatyn Group ("TRG"), a global asset manager specializing in emerging markets and real assets, for a purchase price of $710 million.<

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Western Forest Products Inc. Announces Fire Damages Columbia Vista Division Sawmill

Western Forest Products Inc. announced that the sawmill at its Columbia Vista Division, located in Vancouver, Washington, sustained extensive damage in a fire, rendering the mill inoperable.

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International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith

International Paper, a global leader in sustainable packaging, today announced the completion of the divestiture of five European plants to PALM Group to satisfy regulatory commitments from its acquisition of DS Smith Plc.

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International Paper facility in Marion, Ohio closing, over 100 workers to be let go

International Paper stated the facility will close on Sept. 1, 2025. As a result, 107 employees -- both salaried and hourly -- will lose their jobs.

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Domtar Powell River mill property sales agreement reached

Domtar and Cranberry Business Park Ltd. come to terms over Catalyst Paper Tis'kwat mill site.

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Ahlstrom receives binding offer for Abrasives business from Munksjö

Ahlstrom, a leader in sustainable fiber-based specialty materials, today announces that it has received a binding offer for its Abrasives business unit from Munksjö, a leading international manufacturer of decor paper solutions.

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American Forest & Paper Association Applauds Vital Tax Reform for U.S. Manufacturing

American Forest & Paper Association President and CEO Heidi Brock issued a statement in response to H.R. 1, the One Big Beautiful Bill Act, being signed into law.

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Novolex Appoints Tamer Abuaita as New Chief Operating Officer

Novolex ®, a leading manufacturer in the food and beverage packaging industry, announced that Tamer Abuaita has been appointed Chief Operating Officer (COO), effective immediately. In this new role, Abuaita will oversee all Novolex global operating functions. He will be based in Charlotte, NC and will report to Novolex Chairman and CEO, Stan Bikulege. Abuaita succeeds Doug Owenby, who has served as Interim COO during the company's initial integration with Pactiv Evergreen. Owenby will continue in an advisory capacity.

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Jussi Vanhanen begins as President and CEO of Metsä Group

As previously announced, Metsä Group's new President and CEO Jussi Vanhanen assumes his role today, 1 July 2025. He brings to the role extensive international leadership experience, particularly in the forest industry.

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Celebrating all things paper: The wonder and the legacy, continued
Celebrating all things paper: The wonder and the legacy, continued

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 150 papermaking innovators and legends have been enshrined. This month, we profile the late Christian Schiel who was inducted into the Hall of Fame in 2024.

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PM40

The PM40 closed Friday, 11 July 2025, at 5412.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

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RearView

The PM40 closed 11 July 2025 down 2.9% from the 12 July 2024 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Avery Dennison and PCA.

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Profit warning: Metsä Group's comparable operating result for April-June 2025 will be clearly negative

The negative comparable operating result was caused particularly by the weak demand for market pulp in Europe and China. The uncertainty caused by US import duties has had a negative impact on the purchasing behaviour of paperboard customers in particular.

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Toscotec acquires Recard's brand and intellectual property

Toscotec announces the acquisition of the brand and intellectual property of the company formerly known as Recard, a long-established company in the sector specializing in the production of Tissue paper machinery. This includes the acquisition of know-how, technical drawings, and any other intangible assets.

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Valmet launches Pulp Filtrate Extractor

Valmet launches Pulp Filtrate Extractor for more precision in pH measurement. It provides the highest availability and most accurate process temperature and measurement conditions on the market, ensuring pH and residual chemical accuracy.

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Displaying 1 - 25 of 18411 articles

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