Recent Articles

SRM Concrete bought the 300-acre industrial parcel for $30 million. The company said this property fits the needs of their ready mix company which specializes in producing materials to make concrete.

Three firefighters were evaluated for injuries.

The Fedrigoni Group announces the acquisition of certain assets of Mohawk Fine Papers, Inc., the company it entered into an industrial partnership with last September 2022 to strengthen the distribution of specialty fine papers in the North American market.

The company said it "restarted the previously idled A62 paper machine in 2021 at a time when our North American customer base needed additional supply of uncoated freesheet paper," but now "demand for these products has reached a level that no longer requires this production capacity."

Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions and print products and solutions, announced today that it has acquired Vivabox Solutions, a full-service provider of customized, premium marketing solutions including tailored, multi-brand kitting solutions and packaging products for global luxury and premium consumer brands.

International Paper is in the process of starting up its Riegelwood Mill after shutting it down due to a cyberattack, a company spokesperson said Thursday morning.

The investment will increase its production in Austria by 20%.

Pipefitter Gary Lefebvre, 45, was injured in a Jan. 31 accident at Intercontinental Pulp Mill in Prince George.

Effingham County Fire Rescue says they'll continue to fight a lumber yard fire into the night, this after crews have been there most of Sunday afternoon, Feb. 18.

The transaction value is approximately $700 million, based on Adjusted EBITDA of approximately $100 million.

Digital speed limitation for timber trucks works well on stretches with a lot of infrastructure, and haulage companies show great commitment to safer timber transports.

Mike Brown, Executive Vice President of Wood Products, will retire effective May 3, 2024.

Thinking back over the decades, I can't hardly think of a time in the pulp and paper industry that was more unsettled than now. Whether it is the direction the industry is going, pricing, business solvency, or regulations, both domestically and abroad, suddenly it feels like everything is in turmoil.

The PM40 closed Friday, 1 March 2024, at 5519.

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

The PM40 closed 1 March 2024 up 2.6% from the 3 March 2023 level.

In this issue of Disconnected Comparisons, we evaluate Stora Enso and Weyerhaeuser.

The firm announced that its board approved Joao Alberto Fernandez de Abreu, current head of rail operator Rumo , as its new CEO, replacing Walter Schalka.

In order to contribute to the market's future need for biofuel and strengthen the profitability of the forest farm, Södra is adjusting the base price for GROT, i.e. branches and tops, as of February 28.

SCA is hiking the prices on white and brown kraftliner in Europe by Euro 80 per tonne. The new price is valid from April 1, 2024.

Due to the significant increase in raw material costs, especially driven by pulp, alongside other manufacturing costs related to the recent supply chain constraints in the Red Sea, Lecta announces an unavoidable price increase on its specialty papers ranges of 8 to 10%.

This increase is necessary to maintain the viability of Sappi's business, the actual amount will depend on the product.

This is the first time a customer has opted to use high-quality microwave only, rather than a combination of different measurement technologies, throughout an entire facility.

Doosan Škoda Power has successfully commissioned a state-of-the-art 270 MW steam turbine at Metsä Fibre Kemi bioproduct mill in Finland. The mill in Kemi is an advanced bioproduct mill that utilizes cutting-edge technology to produce high-quality pulp from sustainably sourced wood.

Valmet will supply a partial bioconversion for PT. Cikarang Listrindo Tbk's coal-fired circulating fluidized bed (CFB) boiler in Babelan, Indonesia.

Valmet's board of directors has appointed Thomas Hinnerskov president and CEO of Valmet, and he will start in the position during the second half of the year. Hinnerskov succeeds Pasi Laine, who will continue as the president and CEO of Valmet until his successor starts.