Recent Articles

The U.S. Department of Commerce is lowering tariffs against most Canadian softwood producers by half, but the long-running trade dispute lingers as Canada plans to appeal the decision to maintain punitive duty rates.

Sonoco, one of the largest diversified global packaging companies, released its 2021-22 Corporate Responsibility Report, renewing ambitious 2030 commitments to reduce greenhouse gas emissions and energy usage. The Science Based Targets align with the Paris Climate Agreement, which seeks to limit global warming temperatures well below -2 degrees Celsius above pre-industrial levels.

The Smurfit Kappa paper mill in Nettingsdorf, Austria, has launched a sustainable district heating project that will benefit 20,000 homes across three communities when completed. The scheme will capture excess heat generated from the Nettingsdorf paper mill to provide heating for local homes, businesses and schools.

Yes, this is in addition to previously communicated increases.

The Inspyre mailer offers an efficient, lightweight, and sustainable way to ship non-fragile items and soft goods such as apparel, linens, in direct-to-consumer e-commerce applications.

To strengthen our commitment to green growth and sustainable business practices, Norske Skog has joined the world's largest corporate sustainability initiative. At Norske Skog, we believe that industry must participate actively to progress according to the principles outlined by the UN Global Compact on human rights, labor, environment and anti-corruption.

Mondi, a global leader in packaging and paper, in partnership with Fiorini International, a world leading converter and packaging producer based in Italy, has successfully created and launched a new fully recyclable paper packaging for a premium Italian pasta brand.

Kimberly-Clark announced that it was once again named one of the World's Most Ethical Companies by Ethisphere for the fourth consecutive year. This recognition honors the company's exceptional leadership and commitment to business integrity through best-in-class ethics, compliance and governance practices.

Andritz has successfully received the Final Acceptance Certificate for a biomass handling plant at Eldorado's Onça Pintada site in Três Lagoas, Mato Grosso do Sul, Brazil.

Following the fire that hit RDM Blendecques mill in France, A.Celli will contribute to the restart of production with a brand new E-WIND P100 paper rewinder.

BID Group will be partnering with Canfor Corporation to deliver a new state-of-the-art sawmill complex in southern Alabama. Through its industry-leading wood processing technologies and integrated solutions offering, BID will manage, design, build, equip, install, and provide full start-up services for the project.

Andritz recently received the final acceptance certificate for the upgrade of two Andritz P-RC APMP (pre-conditioning refiner chemical alkaline peroxide mechanical pulp) fiberlines delivered to APP's Guangxi Jingui Pulp and Paper in Guangxi Province, China.

Rohrer joined Kadant Johnson in 2008 as a marketing manager. Since that time, her responsibilities have grown to include inside sales, applications, and marketing where she has developed high-performance teams in each area.

Kemira Oyj announces change in Management Board. Antti Salminen has been appointed to lead Kemira's Pulp & Paper segment as of August, 15. He's had several prior leadership positions in Kemira, latest as President, Industry & Water segment and has been a member of Kemira's management board since 2011. He has a PhD in engineering.

Reported insider trading since the last issue of PaperMoney.

Construction on the plant is projected to begin in 2023.

Startup of the facility is anticipated in the third quarter of 2024.

GP Cellulose is investing about $80 million to add fluff capacity at its GP Cellulose Alabama River mill near Monroeville, Alabama. The project is being implemented in phases and when complete in late 2023, will increase the mill's ability to produce fluff pulp.

The Thomasville Fire Department received a fire call to the Louisiana-Pacific mill in the North Clarke Industrial Park shortly before 4 o'clock Sunday morning, July 24. Also responding were Fulton and Grove Hill departments.

Tetra Pak will be exiting its remaining operations in Russia. This is due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, as a result of which the company is left with no other option than to exit the country.

WestRock Company announced that it has entered into an agreement to acquire the remaining interest in Grupo Gondi for $970 million, plus the assumption of debt, representing an estimated implied enterprise value of $1.763 billion.

Rengo Co., Ltd. has established a new plant to increase production of "Viscopearl," a spherical cellulose microbead manufactured from wood pulp, and will commence full-scale operation in July.

Boise Cascade Company announced that it has completed the previously announced acquisition of Coastal Plywood Company and its manufacturing operations in Havana, Florida, and Chapman, Alabama.

The aggregate purchase price is €270 million (approx. $275.4 million), inclusive of forecasted net working capital of approximately €43 million (approx. $43.9 million).

Association of Western Pulp & Paper Workers (AWPPW) workers went on strike at 12:30 a.m. Sunday on July 17th, 2022, over unfair labor practices (ULPs) at Graphics Packaging International in Portland, Oregon. AWPPW Local 78 members have overwhelmingly authorized a strike in response to the company's pattern of allegedly violating federal labor laws.