Recent Articles

The Inland Empire Paper Co., which owns roughly 120,000 acres in Eastern Washington and North Idaho, is asking the U.S. Forest Service for multiple conservation easements. Inland Empire is owned by the Cowles Co.

Essity has joined the European research project Sustronics, which is supporting the development of circular electronic products. Companies and universities from 11 countries will, together with Essity, develop sensor-based digital solutions for self and professional care.

Georgia-Pacific was recognized for its initiatives facilitating diversity and inclusion, served as an Ambassador Sponsor for the gala, and donated $25,000 to the organization.

According to a study by the Natural Resources Institute Finland (Luke), regeneration areas can provide habitats for rare and threatened species that depend on decaying wood, and the occurrence of these species can be increased via ecological forest management measures.

Metsä Group and Risutec have jointly developed an accessory with which forwarders can prepare soil while harvesting logging residue. This improves productivity and helps reduce fossil emissions from forestry.

Pregis®, a global leader in high-performance flexible packaging and protective packaging solutions, achieved International Sustainability and Carbon Certification (ISCC) PLUS certifications at its facilities in Hopkinsville, Ky., and Visalia, Calif. These certifications are a notable addition to the company's growing list of ISCC PLUS certified locations in the Netherlands and North America.

With the ongoing development of the United Nations Treaty on Plastic Pollution, governments from over 170 nations are working toward policy measures to combat the negative environmental impacts of hard-to-recycle plastics.

Sun Chemical has further enhanced its sheetfed offset direct food contact ink offering with the launch of an innovative, 'green' shade blue pigment that helps to increase the color gamut available to designers and brand owners, especially now within the 'green' shade color space without comprising compliance to accepted food safety standards.

Paper and batteries

Reported insider trading since the last issue of PaperMoney.

As required by the Takeovers Code in Hong Kong, Essity has today confirmed that discussions are ongoing with a number of interested parties in respect of a potential transaction regarding Essity owned shares in Vinda. No decisions relating to the future ownership of Essity's Vinda shares have been made. Vinda has made a public announcement as required by local laws.

With its new production line in the Oulu Mill in northern Finland, Stora Enso will increase its capacity and produce 1.2 million tonnes of sustainable packaging materials in one site starting from 2025.

Kronospan has executed an asset purchase agreement with Roseburg Forest Products to acquire Roseburg's Simsboro, Louisiana, particleboard facility. Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory approvals.

Canfor Corporation will curtail operations at its Polar Sawmill located in Bear Lake British Columbia, north of Prince George, following an orderly wind-down. The curtailment is the result of a shortage of economically available fibre in the region and is expected to be in place for a period of approximately six months.

The company cited "the difficult business environment in the newsprint sector" as the reason.

The Maine Bureau of Unemployment Compensation has awarded 80 striking workers at Woodland Pulp eligibility for unemployment benefits after the paper mill hired temporary workers to fill the empty positions.

Asia Pulp & Paper Co. is joining the bidding for a stake in Vinda International Holdings Ltd., according to people familiar with the matter, adding complexity to a battle for the Hong Kong-listed tissue maker.

The net investment amount for the conversion project at Norske Skog Golbey will increase from EUR 265 to 300 million.

Huhtamaki's subsidiary in India has recently consolidated five manufacturing sites into larger local units. Following the reorganization, the company has sold its real estate in Thane, India, from where a manufacturing facility and offices have been transferred.

Cascades deeply regrets and is saddened to announce the death of one of its cofounders, Mr. Bernard Lemaire, at the age of 87.

Progroup AG and Sappi Stockstadt GmbH signed a contract to take over the site of the paper and pulp mill in Germany. Terms of the deal were not disclosed.

For over 70 years, TriState has provided corrugated packaging products and services to customers located in the Northeastern United States.

Clearwater Paper Corporation reported that it temporarily suspended certain manufacturing operations at its Lewiston, Idaho facility. An incident impacting the regional natural gas system has resulted in the disruption of natural gas deliveries to the mill and the surrounding areas.

The Company's current operations in Lathrop, CA, will relocate to this new facility, which includes office space and 190,000 sq. ft. enclosed warehouse served by rail.

MM Kotkamills has completed the change negotiations regarding the company's sawmill that started in September. After the negotiations, it has been decided that the sawmill will be closed permanently.