Recent Articles

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.

Layoffs are expected to begin March 31.

Twin Rivers Paper Company has reached a definitive agreement to sell its softwood lumber mill in Plaster Rock, New Brunswick, to eastern Canadian lumber manufacturer and North American forest products leader Groupe Lebel.

Mondi, a global leader in sustainable packaging and paper, has started production at its €16 million greenfield plant in Morocco, which can produce 100 million paper bags each year.

Veritiv Corporation announced that Stephen J. "Steve" Smith, the company's Senior Vice President and Chief Financial Officer (CFO), has informed the Veritiv Board of Directors that he intends to retire from the company in September 2023. Eric J. Guerin, a seasoned finance leader, will succeed Mr. Smith as Senior Vice President and CFO on March 1, 2023.

Appvion, a Wynnchurch Capital, L.P. portfolio company, announced today that Paul Charapata, former President and CEO of recently acquired Nekoosa Coated Products, LLC, has been named CEO of the Appvion platform. The current CEO, Laurie Andriate, will transition to the Board of Directors.

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 150 papermaking innovators and legends have been enshrined. This month, we profile Luigi Lazzareschi, who was inducted into the Hall of Fame in 2018.

The PM40 closed Friday, 16 December 2022, at 5143.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 16 December 2022 up 12.9% from the 17 December 2021 level.

In this issue of Disconnected Comparisons, we evaluate Kimberly-Clark and UPM Kymmene.

The company has 30 days to pay the fine, or to appeal the penalty to the Pollution Control Hearings Board.

Roseburg Forest Products announced that it has agreed in principle with four law firms representing the majority of claims to settle the families' property losses, personal injuries and wrongful death claims arising from the Sept. 2 Mill Fire.

A B.C. Supreme Court judge has upheld more than $343,000 in cost-recovery fines that were handed to a forestry company for starting a wildfire in 2016.

C-Green has been selected by CMPC, one of the world's largest pulp and paper companies, and Foresight Canada, Canada's cleantech accelerator, as winner of the Pulp Mill Sludge Efficiency Challenge, a competition seeking innovative solutions to handling wastewater sludge.

Andritz has received an order from Xianhe Co., Ltd., in Hubei Province, China, for the supply of VIB moisturizing technology for two new paper machines.

Valmet and Opal have agreed to extend the Mill Maintenance Operations Agreement and thus continue the long-term co-operation for mill maintenance services at Opal's B9 board making line in Sydney, New South Wales, Australia.

CDP's evaluation is based on the company's disclosure about its strategy, targets, governance, risks and opportunities, risk management and actions in the last reporting year related to climate change mitigation and development of low-carbon technology and solutions.