Recent Articles

Quad announced that it will cease operations at its Effingham print manufacturing location by the end of 2023.

The Putnam County Fire Rescue reported a fire at the Georgia Pacific Paper Mill in Palatka Wednesday night, Oct. 25.

The total investment of R$1.66 billion, announced during the disclosure of the 3Q23 results, is aligned with Suzano's strategic business avenues and underscores its commitment to constantly adapt its operations to evolving demand in Brazil and the global markets.

Metsä Board, part of Metsä Group, will initiate change negotiations on possible temporary layoffs for its paperboard and BCTMP mills in Finland. The negotiations involve a total of approximately 1,100 employees at the Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele and Äänekoski mills.

Atlanta-based Hood Container is cutting 88 jobs at its Matthews facility, according to a Worker Adjustment and Retraining Notification Act (WARN) filed recently with the North Carolina Department of Commerce. The layoffs are effective Dec. 19.

Massimo Reynaudo has been appointed President and CEO of UPM-Kymmene Corporation as of 1 January 2024. Jussi Pesonen will continue as the President and CEO until 31 December 2023, after which he will work as an advisor to the Company and its management until he will retire from UPM on 30 April, 2024.

There were no injuries in the fire and a damage estimate is not available.

The three unions representing workers at Woodland Pulp in Baileyville say that the mill has hired about two dozen temporary workers to cross the picket line and replace those on strike.

Massive investment in corrugated board-processing machinery is expected to ensure growth and quality.

The paper mill in Crofton will not resume operations until the end of November at the earliest, meaning 70 workers will not be back on the job until December.

Boise Cascade's Building Materials Distribution (BMD) division has completed the purchase of a new 120,000 sq. ft. warehouse and distribution facility in West Palm Beach, Florida.

The number of UPM employees affected is 401. Graphic paper production on the two machines is expected to end on 15 November (PM 11) and on 22 November (PM 1), reducing the coated and uncoated publication paper capacity by 595,000 tonnes in Europe.

Metsä Group is conducting a pre-study related to the construction of a first commercial mill for producing Muoto packaging products on its Rauma mill site, Finland. The goal is to determine the mill's technical feasibility and economic profitability.

Ilim Group presented to Chinese partners its new pulp and paperboard mill (the KLB Mill) in Ust-Ilimsk, Russia. The Mill's output will reach 600 thousand tons of kraftliner per year. Thereby, Ilim's aggregate exports to China will surge to 2.4 million tons per year.

The actual demolition will start in early 2024 and the project will run until 2025.

A move by RGE could add a new dimension to the bidding for Essity AB's 52% stake in Vinda, which has drawn bidders such as Suzano SA, the world's largest producer of hardwood pulp from Brazil. Buyout firms Bain Capital, CVC Capital Partners and DCP Capital also advanced in the process, it was reported in August.

Greif, Inc. announced that it has entered into exclusive negotiations to acquire I PACKCHEM Group SAS, a global leader in premium barrier and non-barrier jerrycans and small plastic containers, from an affiliate of SK Capital Partners, in a cash transaction valued at $538 million.

Sofidel has opened an automated warehouse at its plant in Ciechanów, Poland. The new 11,000 m2 warehouse can handle 32,000 pallets of goods and is designed to ensure higher efficiency and safety standards.

IP announces plans to permanently close its Orange mill and to permanently cease production on pulp machines in Riegelwood and Pensacola.

According to reports, most of the money will go toward new machinery and equipment for the facility.

Arauco, a forestry company linked to the Angelini Group, reported this Tuesday morning Oct. 18 the layoff of about 300 workers nationwide.

Flames broke out at a Pactiv Evergreen facility in Hazle Township just after midnight early Wednesday morning, Oct. 18.

There was no report of any injuries, and no information on damages.

Ennis, Inc., is pleased to announce its acquisition of Eagle Graphics, Inc. from Annville, PA and Diamond Graphics, Inc. from Bensalem, PA.

Rayonier Advanced Materials Inc. announced that it has engaged Houlihan Lokey as its financial advisor to explore the potential sale of its paperboard and high-yield pulp assets located at its Temiscaming site.