Recent Articles

3M Co has set a 2025 deadline to stop producing PFAS, the "forever chemicals" used in anything from cell phones to semiconductors that have been linked to cancers, heart problems and low birth weights.

Domtar operated a disposal site for the waste from production from 1998 to 2020, when the Port Huron plant closed.

Due to higher-than-expected major maintenance related costs at the company's Lewiston, Idaho mill, and other operational issues, the company now expects adjusted EBITDA for the fourth quarter of 2022 to be in the range of $28M-$34M and full year 2022 adjusted EBITDA of $227M-$233M.

It was reported that the drivers were a man and woman. They say the Marysville Police Dept. told them they received a call about a woman heading south from Marysville with a gun. The woman at the plant had a shotgun pointed at the man. Responding officers were able to talk them down and take both individuals into custody.

It is the second largest order ever signed by PulpEye.

Valmet introduces a new flame profiling application that enables real-time flame detection and monitoring in a pulp mill's lime kiln environments. At the same time, the Valmet Furnace Imaging System, IR is updated with new optics and a port rodder, improving the overall Valmet Boiler Diagnostics Systems offering.

The value of deliveries of this type is usually around EUR 5-8 million.

Runtech Systems will supply a vacuum system rebuild to Norske Skog Golbey PM1 in France. The delivery includes eight RunEco EP600 Turbo Blowers with EcoDrop water separators and two low vacuum blowers. With the new RunEco vacuum system, PM1 will gain significant energy and water savings.

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.