Recent Articles

Enviva Inc., the world's leading producer of sustainable wood bioenergy, announced it will invest approximately $250 million in Bond, Mississippi to build a new wood pellet production plant. The facility is a key component of the company's growth strategy to double production capacity from the current 6.2 million metric tons annually to approximately 13 million metric tons annually over the next five years.

Firefighters responded to a fire at International Paper in Cantonment Friday morning, April 1.

Firefighters spent more than five hours tackling a blaze at a wood panel manufacturing plant near Inverness on April 4.

Pixelle Specialty Solutions Holding LLC, a leading provider of fiber-based specialty solutions in North America and portfolio company of Lindsay Goldberg, announced that it has signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $48 billion of equity capital under management. Terms of the transaction were not disclosed.

The A62 paper machine at our Ashdown Mill is once again fully operational thanks to excellent planning and foresight by our commercial paper team, along with outstanding dedication and agility from our manufacturing production team.

Sonoco announced promotions among its senior operational leadership which are aligned with the Company's strategy to simplify its operating structure to improve efficiency and effectiveness, according to Howard Coker, President and Chief Executive Officer. The appointments are effective immediately.

The Mayr-Melnhof Group (MM) acquired 100% of the shares in Eson Pac, headquartered in Veddige, Sweden, from the majority shareholder Nalka Invest AB as well as family and management minority shareholders.

Rengo has acquired 100% of the shares issued by Nagai Tekko Co., Ltd., making Nagai Tekko a Rengo subsidiary.

It is during the shutdown that the company carries out all the maintenance necessary to ensure the unit's operational reliability, in line with Brazilian regulations.

Initially announced in January 2020, Ahlstrom-Munksjö has completed its investment and started production for additional capacity in both filtration and energy storage materials at its plant in Turin, Italy. By successfully expanding manufacturing facilities, Ahlstrom-Munksjö is making a strong commitment to customers in both the High-Performance Filtration and Energy Storage markets.

Glatfelter Corporation, a leading global supplier of engineered materials, announced that Ramesh Shettigar, Vice President, ESG, Investor Relations & Corporate Treasurer, will be promoted to the role of Senior Vice President, Chief Financial Officer & Treasurer, effective May 6, 2022.

Frank Shaffer has joined Monadnock Paper Mills, Inc. as Technical Services Manager. In this newly developed role, Frank will act as liaison between Monadnock and its vendors and customers relative to new product development, quality, sales and marketing.

Ms. Spence joins Graphic Packaging from Gypsum Management and Supply where she was most recently vice president and chief human resources officer.

The PM40 closed Thursday, 14 April 2022, at 4371.

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 April 2022 down 0.4% from the 16 April 2021 level.

In this issue of Disconnected Comparisons, we evaluate International Paper and Avery Dennison.

Amcor, a global leader in developing and producing responsible packaging solutions, announced the launch of Amcor Lift-Off, an open-call initiative aimed at supporting seed stage start-ups that are focused on innovative packaging solutions and related technologies. Amcor Lift-Off offers these start-ups a chance to secure an investment of US$250,000, as well as operational guidance, to take their ideas to the next level.

Cascades Inc. announced that, due to the ongoing public health impact of the coronavirus (COVID-19) pandemic, and to mitigate the health and safety risks to the Company's shareholders, the location of the Company's 2022 Annual General and Special Meeting of Shareholders (including any adjournments or postponements, the "Meeting") has been changed to a virtual-only meeting format.

Memphis-based International Paper, Co., one of the world's largest producers of fiber-based products such as packaging materials and fiber pulp, violated federal law by discriminating against an applicant based on his disability, ADHD (attention-deficit/hyperactivity disorder), the federal agency announced.

Glatfelter Corporation, a leading global supplier of engineered materials, is proud to announce they are the recipient of the first IDEA® 22 Sustainability Advancement Award, in partnership with Blue Ocean Closure (BOC) and ALPLA, for their innovative, sustainable, fiber-based screw caps. This prestigious award was created to recognize companies that demonstrate excellence in innovation, sustainable product offerings, and outstanding contributions to the nonwovens market.

Metsä Fibre and Veolia have signed a long-term partnership agreement on the refining of crude methanol generated in pulp production at the Äänekoski bioproduct mill into commercial biomethanol.

Aspa Bruk is working with a Swedish environmental technology company called Axolot Solution in a joint project during a three-month period. During this time extensive tests are performed aiming at reducing the phosphorus emissions from the mill. The project is based on Axolot's electrochemical AxoPur® 2.0 process and the trial is planned to continue until the start of the summer.

Elopak ASA and Nippon Paper Industries have agreed that Nippon Paper will produce and sell Elopak's lineup of Pure-Pak® packaging for liquid food and beverage products worldwide and introduce them to the Oceania region.

Sappi North America announced the world-class designers selected to receive 2022 Ideas that Matter grants for their support of social causes ranging from child literacy, immigration and maternity care to rainforest preservation, anti-poverty programs and resources for women of color.

Greif, Inc., a global leader and industrial packaging solutions provider, announced today that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments, to Gulf Refined Packaging.