Recent Articles

Looking back, construction on Enviva's Lucedale plant supported approximately 400 cumulative jobs and represented an investment of more than $215 million in George County by Enviva.

The company is investing $21 million to upgrade and restart the #24 paper machine (PM24) and plans to hire 52 full-time employees to operate and maintain it. Pixelle will also fill 50 temporary positions to support construction and engineering requirements related to the restart.

Southern Champion Tray (SCT), a leading manufacturer of paperboard packaging for the bakery and food service industry, will purchase substantially all the assets of Evergreen Packaging (Evergreen) based in La Mirada, CA effective October 3, 2022. Evergreen, founded in 2001, is a bakery, deli, food service, and wholesale packaging provider with a predominant market presence in California.

Ahlstrom-Munksjö has started to operate under the business name Ahlstrom as of October 3, 2022. The company has completed the ownership reorganization of its Decor business and thus proceeded with its plan, announced in May 2022, to change its name to Ahlstrom. The divested Decor business continues as an independent company under the well-recognized Munksjö name.

Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a combined annual lumber production capacity of 350 million board feet.

The Mayr-Melnhof Group (MM) has successfully completed the acquisition of Essentra Packaging, which was agreed in June 2022, following the approval of all relevant competition authorities.

Sylvamo, the world's paper company, is announcing it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received approximately $390 million in cash proceeds.

UPM inaugurates today its new pulp terminal in the port of Montevideo, Uruguay. This investment of approximately USD 280 million is a fundamental part of UPM's USD 3.47 billion growth investment in Uruguay that includes a state-of-the-art pulp mill in Paso de los Toros, new eucalyptus tree nursery as well as local community investments in Paso de los Toros.

Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies and printing paper, announced the acquisition of Boudreault Packaging Ltd ("Boudreault" or the "Company"). The transaction represents the 55th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed.

Mercer International Inc. has completed its previously-announced acquisition of all of the shares of the parent company of Holzindustrie Torgau (HIT).

Further to an announcement made in July 2022, Mondi confirms that all conditions have been satisfied and the merger of Mondi Tire Kutsan Kağıt ve Ambalaj Sanayi a.ş. and Mondi Olmuksan Kağıt ve Ambalaj Sanayi Anonim Şirketi will come into effect from 30 September 2022. Mondi currently holds 84.65% of the shares of Mondi Turkey Oluklu Mukavva Kağıt ve Ambalaj Sanayi A.Ş. .

The first class of inductees to the Paper Industry International Hall of Fame 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 the late John Hinman.

The PM40 closed Friday, 14 October 2022, at 4473.

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 14 October 2022 down 5.2% from the 15 October 2021 level.

In this issue of Disconnected Comparisons, we evaluate Amcor and Greif.

The Oregon Department of Environmental Quality recently fined Georgia-Pacific's Toledo mill about $62,000 for alleged air and water quality violations, some dating back two years.

Bast Fibre Technologies Inc. (BFT), the makers of sero™ hemp fibre, announced that it has closed a major strategic financing with Ahlström Capital of Finland. BFT will immediately begin work to expand fibre manufacturing capacity at its US-flagship facility in Lumberton (NC) and its EU-facility near Düsseldorf (NRW).

On October 3, 2022, Mativ Holdings, Inc. filed an official notice of a data breach with the Massachusetts Attorney General's office after the company experienced a cyberattack that compromised sensitive employee information contained on its computer network.

Paper Excellence announced that the company's pulp mill restart project has submitted its environmental impact statement to the Saskatchewan Ministry of Environment.

Graphic Packaging Holding Company, announced that it has published its 2021 Environmental, Social and Governance (ESG) Report. With the release of the 2021 report, Graphic Packaging shares milestones achieved in advancing its Vision 2025 ESG goals.

Södra plans to add lignin within its range of forest-based materials and seeks partners to develop lignin-based sustainable alternatives to fossil materials in a range of applications.

Rengo Co., Ltd. announces that it has developed Rencushion Pack for e-commerce packaging. Rencushion Pack is the general name for cushioning envelopes made of corrugated board and its automated packaging system.

To meet the demand for sustainable and innovative construction solutions, Stora Enso launches Sylva, a massive wood building kit comprising pre-manufactured, custom-made applications delivered just-in-time to the building site. The solution enables faster construction, reduced costs, more efficient use of raw material and fewer emissions than concrete or steel.

The Global Hygiene and Health Survey 2022 focuses on the future of well-being as well as the knowledge gap around issues of hygiene and health.

After the increase, the basic price for prime coniferous pulpwood is SEK 465 per solid cubic meter and prime birch and aspen pulpwood SEK 505.