Recent Articles

Lecta chooses EcoVadis for its supplier certification process.​

The reported milestones align with the Pregis Purpose to Protect, Preserve, and Inspyre and the company's commitment toward its visionary 2K30 objectives.

Reported insider trading since the last issue of PaperMoney.

Thomasine Kamerling, Executive Vice President, Sustainability and Communications, and a member of Huhtamaki Global Executive Team has decided to leave Huhtamaki to pursue other career opportunities.

Glatfelter Corporation announced that Mr. Lee C. Stewart has resigned from the Company's Board of Directors, effective September 25, 2023, citing reasons unrelated to the Company for his departure. The Company noted that this resignation is not related to Glatfelter's operations, financial reporting or controls, or personal conduct.

Pär Boman has declined re-election as Chairman of Essity's Board of Directors. He will remain as Chairman of the Board until March 2024.

Pär Boman declines re-election as the chairman of the board for Svenska Cellulosa Aktiebolaget (SCA). Boman remains the board's chairman until the annual general meeting on March 22, 2024.

Brad Thorlakson, President and CEO of Tolko Industries, announces that Pino Pucci, Vice President of Sales, Marketing and Logistics will assume a newly created interim role as Tolko's Chief Operating Officer.

Billerud inaugurates new recovery boiler - SP4 - at Frövi mills in Sweden. Hard work is behind the construction of the facility that is now in place and that meets both environmental and quality requirements. But not only that, it was also carried out on time and within budget.

Company did not reveal contracting firm nor the helicopter's owner in tragedy near Prince George.

Fire departments were on scene for about three hours, most of that time for the overhaul after the fire was put out.

Several fire departments responded to a blaze at the Weyerhaeuser wood production facility in Buckhannon, West Virginia on Monday, Sept. 25, but teams on site contained the fire quickly after it started.

Menasha Packaging Company in Edwardsville has announced 66 layoffs by Oct. 31 because of an employee reorganization.

This investment will support ongoing plastic replacement with customers, increase capacity by over 20%, and significantly boost productivity.

Curtailment extended another month for paper operations.

Klabin held the inauguration ceremony of Puma II, a project that marked the expansion of the Puma Unit, in Ortigueira, Brazil. This is the largest investment in the Company's history and the largest private investment ever made in the State of Paraná.

Vida AB, owned 70% by Canfor Corporation, will acquire a 50 million board feet sawmill from Ingarp Träskydd for 50 million SEK (CAD$6.0 million). The sawmill has the potential for expansion to 100 million board feet and the transaction is expected to close on October 3, 2023.

DS Smith Zarnesti paper mill has inaugurated its new Waste Water Treatment Plant, which is an essential component of Euro 11 million worth investment plan, launched in 2021.

The development programme for Metsä Board's white kraftliner mill in Kemi, Finland, has been completed in parallel with Metsä Fibre's new bioproduct mill. Metsä Board and Metsä Fibre are part of Metsä Group. In addition to increasing the mill's capacity by 40,000 tonnes per year, the development programme will reduce the mill's energy consumption by 5% and water consumption by around 40% per tonne produced.

West Fraser Timber is shedding two of its pulp mills located in the provinces of British Columbia and Alberta for $120 million as it doubles down on its wood building products focus.

The company, which laid off 130 employees at its St. Paul facility about a year ago, notified the state's Department of Employment and Economic Development last month that it planned to begin layoffs in Fridley on Nov. 13.

By building the new TMP line at Skogn, the Company ensures that it can produce on all machines without recycled fibres.

In all, 516 workers will be without jobs when the shutdown is complete, and nearly 2,000 additional loggers will have to find buyers elsewhere. The mill is expected to be closed by year's end.

Metsä Tissue announces that it has chosen Goole, East Riding of Yorkshire as the site for its planned new state-of-the-art tissue paper mill in the UK. This landmark investment of several hundreds of millions of pounds will deliver the largest tissue mill in the UK and significantly reduce the quantity of tissue products that are currently imported into the UK and Ireland each year. The new mill will create 400+ jobs at the facility, as well as thousands more across the supply chain and the local economy.

SCA's new facility in Obbola, outside Umeå, Sweden, has now been inaugurated. This means that the paper mill has the world's largest machine for kraftliner and with it a significantly increased capacity to produce climate-smart packaging material.