Recent Articles

More than $2.2 million in scholarships has been awarded to nearly 450 students through the LP Scholarship Program

As part of the company's expansion into the North American market, Billerud, a world-leading manufacturer of superior paper and packaging materials, is introducing its portfolio of coated liners to the US market. This introduction will enable great improvements in sustainability and cost performance for both packaging converters and brand owners.

Port Hawkesbury Paper is committed to sustaining a healthy environment in our forests and facilities. The natural resources entrusted to our company are managed for long-term sustainability and biodiversity while conserving the social and cultural values of the community.

So what is next?

Fiber-based consumer packaging leader Graphic Packaging International has announced the launch of an innovation in coated recycled paperboard (CRB): PaceSetter Rainier(TM), named after Mount Rainier, known for its pristine white snow-capped summit.

The mattress packaging is made from Mondi kraft paper, offering breathable and expandable product features.

Company to use autonomous forklifts in the U.S.

Reported insider trading since the last issue of PaperMoney.

Nebel has extensive experience in the pulp and paper sector, having previously served as President and CEO of Verso Corporation.

Weyerhaeuser Company announced the appointment of James "Joc" C. O'Rourke, President and CEO and a Director of The Mosaic Company, to the company's Board of Directors.

After more than 12 years as the head of Cascades Specialty Products Group (SPG), President and COO Luc Langevin announced that he passed the torch on July 1st.

Alexey Chernyaev began his career with the Company in 2016.

Hank Ketcham, Chairman of West Fraser's Board of Directors, announced that Ray Ferris, President and Chief Executive Officer, plans to retire on December 31, 2023.

Cascades inc., a leader in the recovery and manufacturing of green packaging and hygiene products, announces that the second paper machine at its St. Helens, Oregon Tissue plant will be closed, resulting in the complete shutdown of the facility. The end of operations will be effective at the beginning of October.

After this accident, people created ruckus by keeping the dead body of the deceased laborer on the road and demanded permanent job and compensation to the affected family.

Ms. Baker joins Clearwater Paper with extensive finance and executive leadership experience. In her last two roles she served as CFO, first at PGT Innovations and then at Hyliion Holdings.

The investment will be financed by bank loans and equity and is expected to be completed during the first half of 2025.

Timothy Hess has decided to step down from his position as President and Chief Executive Officer for health reasons, effective August 7, 2023. In addition, the Company's Board of Directors announced that following a comprehensive search process, it has selected Ross Bushnell to succeed Hess as Pixelle's President and Chief Executive Officer.

Shareholders to Receive $170 Per Share in Cash

One employee was transported to the hospital to be treated for heat-related injuries.

First Quality Enterprises, LLC announced the successful closing of its previously announced acquisition of Domtar Corporations' pulp mill located in Dryden, Ontario, Canada. The Dryden Mill produces high quality Northern Bleached Softwood Kraft pulp for customers in North America.

No injuries were reported. The fire was extinguished shortly after firefighters arrival.

The proposed acquisition is expected to add approximately $200 million in sales, $30 million in Adjusted EBITDA and will support strategic priorities of increasing integration rates and expanding customers and categories.

DS Smith, a leading sustainable packaging provider, announced it has entered into an agreement to acquire Bosis doo, a high-quality packaging company in Serbia.

The company announced in mid-July that it would be shutting down the facility and all other upstate facilities, leaving about 350 employees without work in South Glens Falls. Facilities affected include a warehouse and distribution center in Saratoga Springs and a converting facility in Greenwich.