Recent Articles

International Paper (IP) and the National Fish and Wildlife Foundation (NFWF) are helping landowners in Texas restore and manage their forests through IP's Forestlands Stewards partnership. These efforts will benefit drinking water supplies and wildlife habitat, improve recreational opportunities, and support forest sector jobs.

PotlatchDeltic Corporation announced it has established a 2030 greenhouse gas (GHG) emissions reduction target for Scope 1 and Scope 2 emissions of 42 percent and a Scope 3 value chain GHG emissions reduction target of 25 percent from a 2021 baseline.

Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced that has won a SEAL Business Sustainability Award for its Ideas that Matter grant program which honors Sappi's leadership, innovation and commitment to sustainable business practices.

Seven UPM packaging papers are now proven to be industrially compostable, marking another step on UPM Specialty Papers' sustainability journey.

Amid unparalleled educational challenges brought on by COVID-19, Memphis-based International Paper has renewed its commitment to fighting childhood illiteracy, joining Coaching for Literacy as its signature partner for the sixth straight year.

Major winter storm wreaks havoc

Reported insider trading since the last issue of PaperMoney.

Stora Enso has initiated a sales process for a possible divestment of its consumer board production site in Beihai, China.

Greif, Inc., a global leader in industrial packaging products and services, announced that it has completed its previously announced acquisition of Lee Container Corporation, Inc.

A new recycled paper mill will be established in Khalifa Economic Zones Abu Dhabi (KEZAD) in a move to support the UAE circular economy.

Mondi said there was no certainty as to when the deal would be completed given the political and regulatory backdrop.

Boise Cascade's Building Materials Distribution (BMD) division announced the expansion of its distribution capacity in two markets.

Sylvamo, known as the world's paper company, showed off its new worldwide headquarters in East Memphis on Wednesday.

Sappi Europe's Gratkorn mill in Austria is Europe's leading producer of coated woodfree paper on two paper machines, supporting Sappi Europe's market leadership and in particular its core Commercial Print business. The mill has benefited from a regular investment programme, including in recent years the upgrade of the PM9 in 2019.

Billerud, a Swedish paper and pulp manufacturer, is eyeing the Escanaba Mill to upgrade from producing paper to making an advanced paper product known as paperboard or cartonboard.

Felix Schoeller Group plans to invest more than $100 million in expanding its capacity in North America by 2025. Starting in 2023, capacities at the company's sites in the USA and Canada will be significantly expanded in three steps.

A firefighter was transported to Jefferson Healthcare for exhaustion-related symptoms from fighting a fire Tuesday morning, Dec. 13, at the Port Townsend Paper Mill.

Helen Mets is appointed President and CEO of Ahlstrom, effective January 1, 2023. With the company entering the next phase of growth and transformation, Helen will succeed current President and CEO Hans Sohlström, who has contributed greatly to Ahlstrom's success since 2016. Hans will leave Ahlstrom at the end of December to pursue new opportunities outside the company.

Stora Enso is investing Euro 38 million in unbleached kraft pulp (UKP) production at its Enocell site in Finland and Euro 42 million in fluff pulp production improvement at its Skutskär site in Sweden. These investments will support the growing consumer demand for non-bleached renewable packaging materials and hygiene products respectively.

Georgia-Pacific is set to invest over hundreds of millions of dollars.

UPM has agreed to sell the Renforsin Ranta business park in Kajaani to Kansallisholding Oy. The site will be operated by Redeve Oy, the parent company of Kansallisholding, specialising in the ownership and development of industrial real estate.

PT. Riau Andalan Pulp and Paper ("PT. RAPP"), the operating arm of the leading sustainable fibre and product producer Asia Pacific Resources International Limited ("APRIL"), a member of the Singapore-headquartered Royal Golden Eagle (RGE) group of companies founded by Sukanto Tanoto, has received an award for the largest foreign investment in the Riau Province in Indonesia, for the January to September period in 2022.

Prinzhorn Group, having a strategic long term interest in Italy, has made a proposal to acquire corrugated packaging plant Scatolificio La Veggia S.p.A. ("SLV"), Roteglia, which is part of the La Veggia Group of companies in the course of a restructuring process under Italian law.

Employees at the Woodland Pulp mill in Baileyville could strike by the end of the month.

UFP Industries announced that its affiliate, UFP Packaging, LLC, has acquired Titan Corrugated, Inc., a manufacturer of corrugated packaging products, and its affiliate All Boxed Up, LLC, a corrugated box distributor. The combined companies had trailing 12-month sales through October 2022 of approximately $46.5 million.