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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.

The fire at Resolute Forest Products in Menominee began around 11 p.m. on Oct. 6 and is expected to burn for several days, according to officials in the U.P. town. The fire is contained, officials said.

Officials say she was working at one of the machines in the facility when her hand got caught.

It is anticipated that the temporary curtailment will impact production capacity by approximately 7 million board feet in the 4Q.

Stora Enso's new production site for cross-laminated timber (CLT) in Ždírec, the Czech Republic, has been inaugurated. Following a Euro 79 million investment, the new CLT site is one of the most modern in the world, supporting Stora Enso's strategy of growth within wooden building solutions.

Local United Steel Worker unions are continuing to negotiate with Graphic Packaging Paper Co. over a contract that expired in April.

Sonoco, one of the largest sustainable global packaging companies, announced that the new uncoated recycled paperboard (URB) #10 machine is operational as part of its previously announced Project Horizon--the $125 million investment to transform its former corrugated medium machine in Hartsville, S.C to a state-of-the-art URB operation.

A spokesperson for Resolute Forest Products said the fire, which produced a thick cloud of smoke in Menominee, Michigan, began around 11 p.m. CDT Thursday, Oct. 6, at a warehouse containing pulp and paper waste.

The United Steelworkers (USW) said that approximately 480 members of its local unions 971, 1471 and 1972 were locked out of their jobs by management at WestRock's Mahrt Mill on Thursday after management's persistent refusal during months of negotiations to bargain in good faith for a fair contract.

Paper Excellence announced the indefinite curtailment of its paper operations at the Catalyst Crofton facility starting in early December 2022. Paper markets in China served by the mill have significantly weakened while there have been substantial cost escalations for chemicals, energy and wood fibre used at Crofton. The intersection of these pressures has materially impacted the financial viability of the paper operation.

Effingham Assistant Fire Chief Matt Kulesza said the fire was contained to a dust collector bag cylinder. He said there were no injuries.

WestRock Company announced it will permanently close the corrugated medium manufacturing operations at its St. Paul, Minnesota, recycled paper mill. The production of coated recycled board at this location will remain in operation.

The current market environment is characterised by very high production costs, in particular energy costs, and weaker demand primarily due to destocking in the value chain.

This month marks a new milestone for paper production for Willamette Falls Paper Company (WFPC). On October 1, WFPC expanded its capacity on a third paper machine to manufacture additional coated freesheet paper.

Arauco Board of Directors approves construction of a new MDF line in Zitácuaro, Mexico. The project includes an estimated investment of $235 million and state-of-the-art operational, environmental and security technology. The commissioning of the project is estimated to be in the 2Q 2025.

Nordic Paper has entered into a binding agreement to sell its 37.6% minority shareholding in Åmotfors Energi AB to the utility infrastructure company Nevel AB.

No employees or first responders were injured.