Recent Articles

British paper and packaging firm Mondi Plc said on Wednesday it would sell its Russian assets, the latest company to exit the country following Moscow's invasion of Ukraine.

The evaluation of options is expected to be completed by the end of 2022.

This acquisition was made for investment purposes and builds upon, and is complementary to, Interfor's recent expansion into Eastern Canada through the acquisition of EACOM Timber Corporation in February 2022.

Veritiv Corporation, a full-service provider of business-to-business products, services, and solutions, announced that it has completed the sale of its Veritiv Canada, Inc. business to Imperial Dade. Effective today, Veritiv's approximately 900 employees in Canada are now employees of Imperial Dade.

A "small fire" at Interfor's lumber mill in DeQuincy was quickly brought under control, mill officials said.

Ox Industries acquires a 150,000 square foot facility in Hanover, PA to expand its converting capacity in the Mid-Atlantic Region. The facility will house next-generation equipment and manufacturing practices and expand just in time stocking products and services.

Rayonier Advanced Materials Inc. announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owned subsidiary of Interfor Corporation for approximately $43.3 million. The agreement contains a Purchase Price Protection clause whereby the Company is entitled to participate in further stock price appreciation under certain circumstances and for a specified period.

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, close to 150 papermaking innovators and legends have been enshrined. This month, we profile the late Jaakko Pöyry, who was inducted into the Hall of Fame in 1995.

The PM40 closed Friday, 13 May 2022, at 4384.

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 13 May 2022 down 1.5% from the 14 May 2021 level.

In this issue of Disconnected Comparisons, we evaluate Avery Dennison and Resolute Forest Products.

Weyerhaeuser will pay $600,000 after reaching a settlement with Columbia Riverkeeper, despite denying allegations it had broken state water quality laws.

Montgomery "Monte" Crompton was blasted with 200-degree steam for nearly a minute on his face, upper torso, legs and back while working to repair a hole in a blowdown header in the mill's powerhouse Jan. 16, 2019, according to a complaint filed in June 2020.

A fire broke out at Valmet's Rautpohja facility in Jyväskylä, Finland, on Saturday, May 7, around 10:40 am ET, company said in a statement. Due to the fire, evacuation of employees was carried out. The fire caused minor injuries to one employee, who received treatment in hospital, but has already been released.

UPM Biochemicals and KRAHN Chemie Deutschland GmbH signed an exclusive distribution agreement to market UPM BioMotionTM Renewable Functional Fillers (RFF) in Germany, Austria and Switzerland. RFF are a completely new category of functional fillers, replacing fossil-based carbon black and precipitated silica. The distribution agreement covers UPM BioMotion™ X10, X20 and X40 product grades to be used in plastics, adhesives and sealants as well as paints and coatings.

Mohawk refined and reorganized its paper portfolio into 5 distinct Collections that help make choosing paper by its properties and attributes easier. Mohawk's paper grades are now grouped into the Beautiful, Sustainable, Expressive, Elevated, and Practical Collections.

WestRock Company, a leading provider of sustainable paper and packaging solutions, announced the publication of WestRock's 2021 Sustainability Report, detailing the comprehensive efforts the company is making for, and with, customers to imagine and deliver on the promise of a sustainable future. The report reveals validation of WestRock's greenhouse gas (GHG) emissions reduction target by the Science Based Targets Initiative (SBTi) alongside its refreshed sustainability goals.

Mondi, a global leader in sustainable packaging and paper, has switched its entire portfolio of glassine-based release liners to certified base paper. The change is part of Mondi's ongoing, proactive approach to sustainability, which includes developing solutions that are better for the environment.

Weyerhaeuser Company announced a new partnership with Firefighter Behavioral Health Alliance, Fighting Fires Together, that will provide support and resources for wildland firefighters and their families, as well as increase awareness of the importance of mental health assistance for these first responders.

Sonoco will raise the price for all paperboard tubes and cores by a minimum of 6%, effective with shipments in the United States and Canada on or after June 10, 2022.

As part of its long-term global commitment to climate protection and sustainable production, Sappi will be abandoning the use of coal at its German site in Stockstadt as a next step. To this end, the current coal-fired Boiler 9 will be decommissioned, and the mill will be operated using only renewable biomass and natural gas.

Greif, Inc., a global leader in industrial packaging products and services, announced that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) and coated recycled paperboard (CRB).

Menasha Packaging Company, LLC, a subsidiary of Menasha Corporation, has been selected as the 2021 Global Supplier Excellence Award recipient by Unilever as part of their annual Partner with Purpose Awards. The annual award recognizes the outstanding work and achievements of global Unilever partners and the collaborative relationships that deliver mutual sustainable growth.

Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning May 30, 2022.

The Huhtamaki Foundation inaugurated its first recycling plant in Khopoli, Maharashtra to help drive circularity for packaging. The site - which is spread across 2,000 square meters - will recycle about 1,600 kilograms of post-consumer used flexible plastic waste per day from early May as the plant becomes fully operational. The Central Pollution Board of India (2012) estimates that India generates close to 26,000 tonnes of plastic waste a day and a little over 10,000 tonnes a day of plastic waste remains uncollected.