Recent Articles

Sean McLaren will succeed Ray Ferris as president and chief executive officer following Mr. Ferris's retirement at the end of the year. The board of directors has appointed Mr. McLaren to join the board of directors effective Jan. 1, 2024, in place of Mr. Ferris.

Anna Jonhed has been appointed CEO of Rottneros Packaging. She will take office during the first half of 2024 and will be part of the Rottneros group management.

Metsä Group's Kemi bioproduct mill is ramping up towards full capacity production and pulp deliveries to customers have started. It is planned to take approximately one year to reach full production capacity at the mill.

Fire crews made quick work of a fire at the Twin Rivers Mill in Little Falls on Thursday evening, Dec. 7.

VIDA AB, owned 70% by Canfor Corporation (TSX:CFP), announced that it will invest approximately 700 million SEK (CAD$85 million) at its Bruza Sawmill in Hjältevad, expanding production from 175 million board feet to 240 million board feet.

Mondi, a global leader in sustainable packaging and paper, has expanded its range of saturating kraft paper and increased capacity, in order to improve and enhance its service to manufacturers of internal and external building panels, worktops, furniture and technical films.

DS Smith CEO Miles Roberts plans to retire after 13 years, the British cardboard maker said on Thursday, as the company reported a sharp drop in half-year profits and said the macro environment was challenging for demand.

Weyerhaeuser, one of the world's largest private owners of timberland including 1.39 million acres in Louisiana, announced it is investing $96.2 million to modernize and decarbonize its Winn Parish lumber mill. The upgraded technology is designed to increase overall safety, productivity and product reliability.

Investments to the Halsey mill will increase production capacity for high quality bath tissue, with initial production expected in 2025. By the end of this project, Georgia-Pacific will have invested over $200 million in paper machine and converting assets at Halsey since 2022.

Saica Group has reached an agreement to acquire the total shares of the waste management and collection company, Ecovidal-Miguel Vidal e Hijos. Through this acquisition, Saica Natur strengthens its presence in the Henares corridor, an important business, industrial and residential area in the north-east of Madrid region.

Monadnock Paper Mills, Inc., the oldest continuously operating paper mill in the United States, announces Daniel J. Burke as the new Chief Financial Officer (CFO) and Treasurer. Dan will be assuming the role following the upcoming retirement of Andrew Manns in the new year.

Rengo announces that its consolidated subsidiary, Sanyo Jidosha Unso Co., Ltd., has acquired 100% of the shares issued by OASIS Inc. and OASIS EXPRESS Inc., making OASIS Group a Rengo subsidiary.

UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (UFPI), has acquired the remaining ownership interests in each of two affiliates in Mexico: NORPAL S. de R.L. de C.V. and TIBASA Universal Forest Products S. de R.L. de C.V.

Global packaging leader Sonoco is pleased to announce the expansion of its flexible packaging service operations with the acquisition of Inapel Embalagens Ltda. in Brazil.

Where do you eat lunch? And more!

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 John Frambach Stoveken, who was inducted into the Hall of Fame in 2011.

The PM40 closed Friday, 15 December 2023, at 5255.

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 15 December 2023 up 2.2% from the 16 December 2022 level.

In this issue of Disconnected Comparisons, we evaluate Universal Forest Products and Kimberly-Clark.

Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning February 1, 2024.

Andritz has received an order from Dezhou Taiding New Material Science and Technology Co., Ltd., China, to deliver a second chemi-thermomechanical (P-RC APMP) line to the mill in Pingyuan County, Dezhou City, Shandong Province, China.

Highcon and Menasha have signed a LOI reflecting their intent to partner on the integration of new Highcon systems over the next 24 months./span>

Valmet will supply Valmet DNA Distributed Control System (DCS) and Valmet IQ Quality Control System (QCS) with the latest web-based Valmet DNA User Interface to Union Paper Mills' paper machine PM 2 in its Dubai facility, in the United Arab Emirates.

Start-up is scheduled for end of 2024.

The order was won in late September 2023 with deliveries scheduled in Q3 2024.