Recent Articles

The order demands closed-door negotiations between the province and Northern Pulp over the former's alleged liability for forcing the closure of the Boat Harbour effluent treatment facility a decade before the expiry of the company's lease to the provincially owned facility.

Sonoco, one of the largest global sustainable packaging companies, announced it has acquired the remaining one-third interest in Sonoco do Brasil Participacoes, Ltda, a Brazil-based flexible packaging joint venture, from private investors.

Kari Saarinen has decided to resign from his position as Valmet's CFO due to his share trades in Neles during the merger process and to minimize the negative impacts of this on Valmet's reputation. All Executive Team members should have used good judgement and refrained from trading in shares while merger discussions and preparations were ongoing. The employment relationship will end in accordance with Kari Saarinen's executive agreement, while his working obligation ends at the end of April.

Caverion will implement process electrification at the Metsä Fibre bioproduct mill in Kemi, Finland. Metsä Fibre is part of the Metsä Group.

Stora Enso Ingerois mill and BTG have agreed to implement the dataPARC solution for the board machine in South-Eastern Finland.

Zume, the sustainability solutions company creating economically viable substitutes for single-use plastics, today announced it's furthering its partnership with Solenis, a leading global producer of specialty chemicals. Together, the companies are launching a comprehensive line of PFAS-free packaging to replace plastic and styrofoam with a sustainable alternative for food service applications.

Valmet has launched a new additional option for both new and existing users of the Valmet Fiber Image Analyzer. The new option, called Option C, makes it easier for pulp and paper mills to unlock the true potential value of their raw material by calculating and displaying correlations between measured fiber properties and their effect on end product quality.

Solenis, a leading global producer of specialty chemicals, is developing two new international centers of excellence for advancing sustainable solutions in the consumer paper packaging industry.

Valmet has been selected as supplier for the modernization of the fiberline no. 1 plant to CENIBRA's pulp mill in Belo Oriente in Brazil. The fiberline will be prepared for a capacity increase of 100,000 tonnes of pulp per year. The start-up is scheduled for September 2023.

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 Henry J. Rogers, John S. Van Nortwick and William M. Van Nortwick - Hearthstone Joint Induction, who were inducted into the Hall of Fame in 2020.

Reported insider trading since the last issue of PaperMoney.

Smurfit Kappa has become the latest business to announce that it is to exit the Russian market. In a statement, the company said it stands in solidarity with the people of Ukraine and everyone impacted by the "totally unjustified attack on Ukraine and its people."

Ontario's Labour Ministry confirmed the incident and is now investigating.

BillerudKorsnäs announces the completion of its acquisition of Verso for a purchase price of approximately USD 825 million in cash. Verso is a leading producer of coated paper in North America, with 2021 net sales of USD 1 278 million and adjusted EBITDA of USD 223 million.

The Paperworkers' Union announced March 31 that the strike at most UPM's Finnish mills will continue until 30 April 2022, unless new collective labour agreements are reached before that.

It is anticipated that the reduced operating schedules will impact production capacity by a minimum of 100 million board feet.

In February, company employees said the mill was expected to shut down by the end of August.

The facility will be part of APRIL's operations in Riau province and have the capacity to produce 1.2 million tonnes of folding box board annually that is fully recyclable and biodegradable.

Canfor Pulp Products Inc. is announcing a minimum six-week extension of the curtailment of BCTMP production at Taylor Pulp due to the ongoing transportation shortages that have resulted in continued high finished product inventories at the pulp mill.

Stora is looking for buyers for its mills in Finland's Anjala, Germany's Maxau and Sweden's Hylte and Nymolla, while planning to keep its mill in Langerbrugge in Belgium.

This transaction brings together two organizations with highly complementary technologies, geographies and product portfolios in specialty materials. The combined company will capitalize on powerful megatrends with strong positions in large, growing categories including Filtration, Healthcare & Wellness, Protective & Adhesive Solutions, Industrial Solutions, and Packaging & Specialty Paper.

If you remember, Chatham also sent multiple letters to RR Donnelly.

Paper Excellence Group is seeking as much as US$400 million from the sale of a British Columbia pulp mill, people with knowledge of the matter said, as it works to satisfy the Canadian competition regulator's requirement for its US$3 billion acquisition of Domtar Corp.

Mondi is investing Euro 280 million in Corrugated Packaging operations across four countries. This includes around Euro 185 million across its central and eastern European Corrugated Solutions plant network and Euro 95 million at Mondi Świecie's containerboard mill in Poland. These investments together represent an important part of Mondi's announced Euro 1 billion in expansionary capital investment projects this year to accelerate growth in sustainable packaging.

A 44-year-old maintenance worker died when a machine he was working on re-engaged Friday, March 18, at Pactiv Evergreen/Evergreen Packaging in Pine Bluff, Arkansas, said officials at the Jefferson County sheriff's office.