Recent Articles

By the end of this year, after Paper Excellence indefinitely shuts down its paper mill in Crofton, B.C. will have lost 58% of its paper production capacity and 13% of its pulp mill capacity, according to David Elstone of the Spar Tree Group.

Canfor Pulp Products Inc. is announcing a temporary curtailment of its Intercontinental Pulp Mill due to the lack of available economic fibre.

Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program. Welcoming four new startup companies to its fall cohort, Georgia-Pacific's 1915 Studios enables the success of early-stage startups that supply innovative sustainability solutions.

Sylvamo, the world's paper company, is announcing a $3 million expanded partnership with World Wildlife Fund (WWF) to further its commitment to forest conservation and restoration. The initiative is part of Sylvamo's environmental, social and governance (ESG) strategy and 2030 goals.

Mondi, a global leader in sustainable packaging and paper, has helped Reckitt on its sustainability journey by designing new paper-based packaging for the company's market-leading Finish dishwasher tablets.

Our forests are healthy and diverse ecosystems that we manage with a long-term mindset. We recognize the importance of maintaining biodiversity both for the health of our forests and the broader ecosystems in which they exist.

The commercialisation of Stora Enso's lignin-based innovations is progressing. In October 2022, we signed a Letter of Intent with Beyonder, a Norwegian energy storage technology company. The Letter of Intent covers optimisation of properties and commercial deliveries of lignin-based anode material for batteries after industrial-scale production has started.

Committed to bringing to market innovative solutions that increase productivity and sustainability, Klabin announces the launch of PineFluff eXcel, a fluff pulp made from a mix of fibers (eucalyptus hardwood pulp and pine softwood pulp) targeting the hygiene products market (baby and adult diapers, sanitary pads, pet mats, etc.).

Duro®, a Novolex® brand, has earned the Biodegradable Products Institute (BPI) certification for numerous products in its Dubl Life® line of paper bags and sacks. The products are among the first on the market to receive this leading certification, further expanding the portfolio of certified compostable products offered by Novolex.

Kimberly-Clark is marking the 150th anniversary of the company's first product sold and celebrating its ongoing leadership in category defining innovation that led the company to create five of the categories it competes in, and introduce products and technologies that make a difference in the lives of billions of people each day.

Zero waste to landfill - that is one of Mercer's set 2030 Aspirational Goals.

Packaging is essential to our capacity to deliver wholesome, premium food and beverages to people all over the world, but we are convinced that this cannot be done at the expense of the environment.

Climate change is affecting forest ecosystems worldwide, causing shifts in the distribution, abundance, productivity, and health of trees. Rayonier's commitment to sustainable forest management requires that we understand both the physical and transition risks posed by climate change to our business, the ecosystems we manage, and society in general.

Smurfit Kappa's Townsend Hook paper mill in the UK has introduced a new state-of-the art drying process innovation to reduce energy consumption and CO2 emissions.

Asia Pacific Resources International Limited ("APRIL") has officially launched the Andalan Lestari Waste Bank ('BSAL') in Riau Complex in Pangkalan Kerinci in October 2022. APRIL is a member of the Singapore-headquartered RGE group of companies founded by Sukanto Tanoto.

Within the next three years, Solenis plans to hire 46 people to work in Greenville, including lab technicians, scientists and research supervisors.

Valmet will supply an Advantage DCT 100TS tissue production machine to Papel San Francisco in Mexico. The new machine will be installed at the company's mill in Mexicali and the start-up is planned for the first half of 2024.

Valmet and Mercer Stendal have signed an agreement to modernize valves at Mercer's pulp mill in Arneburg, Germany. The project will bring significant energy savings and reduce CO2 emissions. The delivery includes 800 intelligent Neles NDX valve controllers and 500 Neles B1 pneumatic actuators.

Michael Doss, President and CEO of Graphic Packaging International and Chair of the Sustainable Forestry Initiative (SFI) Board of Directors, is pleased to welcome two new members to the SFI Board of Directors, Ms. Annica Bresky, President and CEO, Stora Enso, and Dr. Tracy Farrell, Director of the International Union for Conservation of Nature (IUCN) North America Office, and CEO of IUCN-US.

So what's happening with OCC prices these days

Reported insider trading since the last issue of PaperMoney.

Governor Gretchen Whitmer declared a state of emergency Thursday for Menominee County to assist with the emergency response to a large-scale industrial fire that began at a paper facility and neighboring warehouse in Menominee on Thursday, Oct. 6.

Paper and packaging giant Smurfit Kappa said it is investing almost $100m in a sustainable biomass boiler in Colombia which will reduce its global Scope 1 and Scope 2 CO2 emissions by about 6%.

Atlas Holdings announced that it has completed the acquisition of Crown Paper Group ("Crown"), including Port Townsend Paper Corporation and Crown Corrugated Company, an integrated mill and containerboard operation with a strategic presence in the growing markets of the Pacific Northwest and Western Canada. Terms of the transaction were not disclosed.

With a value of Euro 260 million, the Rauma pine sawmill is the largest ever sawmill investment in Finland. The investment decision was based on the strong growth in global demand for sustainably produced premium sawn timber.