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ANDRITZ Oy, part of international technology group ANDRITZ, and LUT University (Lappeenranta-Lahti University of Technology LUT) launched an extensive collaboration in the field of fiber technology a year ago.

As more and more companies globally focus on efficiency and sustainability rather than just production volume, leading global technology systems provider ABB provides end-to-end digital solutions for process industries that seek to help organizations automate, optimize and future-proof their operations.

Ms. Emilia Torttila-Miettinen (M.Sc. Eng.) has been appointed Business Line President, Automation Systems at Valmet as of December 1, 2022. She will be a member of Valmet's Executive Team and report to President and CEO Pasi Laine.

Valmet has been ranked as the third top employer among engineering professionals in Finland according to a new study by Universum.

Reported insider trading since the last issue of PaperMoney.

The Paper Excellence Group and Resolute Forest Products Inc. announced their intention to sell Resolute's Thunder Bay pulp and paper mill to further facilitate the regulatory review process.

Weyerhaeuser Company announced the successful resolution of a work stoppage involving members of the International Association of Machinists and Aerospace Workers union in Oregon and Washington. Weyerhaeuser has approximately 1,200 employees who are members of IAM, including employees in the company's Wood Products and Timberlands organizations, and the approval of a new contract will result in the restoration of operations at all sites.

The $50 million investment for the new drum pulper added 100 new jobs and will help expand North Pacific Paper Company's ability to make packaging paper from recycled wastepaper, said NORPAC CEO Craig Anneberg. The paper mill now employs 500 people total.

The deadline for selling a historic Aberdeen paper mill, which went into administration with the loss of more than 300 jobs, has passed.

UPM said the $2.72 billion eucalyptus pulp mill located in Paso de los Toros would grow its pulp business by more than 50%.

The main asset included in the Transaction consists on a tissue production plant, located in the municipality of Mogi das Cruzes, in the State of São Paulo, with an annual production capacity of approximately 130 thousand tons.

Brazilian pulp and paper producer Klabin SA said Friday it has agreed to sell tracts of forest property for 230 million reais, the equivalent of $44 million.

Later this year, Paper Excellence had planned to shut down its papermill operations in Crofton, but maintain its pulp mill operations. But now the company says it will shut down the pulp mill as well, at least temporarily, after Public and Private Workers of Canada (PPWC) Local 2 served a 72-hour strike notice.

The Eldorado deal has been on hold for five years. It was signed in September 2017 but never concluded due to the parties' disagreement over the closing.

Stora Enso has decided to invest approximately EUR 1 billion to convert the remaining idle paper machine at the Group's Oulu site in Finland into a high-volume consumer board production line. The investment supports the Group's growth strategy in renewable packaging by providing new volume for growing packaging segments. Production on the converted machine is estimated to start in early 2025.

The paper machine is expected to start up production in 2025 and reach full capacity in 2027.

Boise Cascade's Building Materials Distribution (BMD) division announced the acquisition of 4.67 acres of land adjacent to its Albuquerque, New Mexico branch.

Rengo Co., Ltd. announces that its consolidated subsidiaries, Kato Danboru Co., Ltd.'s Noda Plant and Sanwa Danboru Co., Ltd., have decided to cease operation of their outdated corrugators and remove them at the end of September 2022.

ST Paper purchased the mill May 13, 2021, with plans to begin producing tissue paper, Wargin said. Over the last year, up to 75 union tradespeople have worked to construct the new machine within the mill, which will produce bath tissue, napkin and towel grades of paper.

Up to 50 or 60 firefighters on the scene.

G-P promises to pay employees for at least 60 days, in accordance with state law.

Global and Corporate Spokesperson Seth Kursman said the warehouse that caught fire Oct. 6 -- a space the company leases from KK Integrated Logistics where recyclable bales of paper are stored to produce bleached kraft (RBK) pulp -- and adjacent offices are a complete loss.

Fernandina Beach employees at the Westrock Paper Mill protested Monday morning as contract negotiations continued.

Conifex Timber Inc. continues working with its engineers and contractors to resume operations at its power plant in Mackenzie, British Columbia, Canada, for which necessary repairs have been faced with global supply chain issues impacting replacement parts.

What is my second favorite thing after making paper? Lavish efforts on maintenance. You should know that by now. The economy is in the tank, and nearly universally, paper has hit a soft spot. For those of you who used the excuse in the good times that "we'll do more maintenance when things slow down" that time has come.