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Displaying 526 - 550 of 18412 articles

Setra plans potential sale of Malå sawmill in Sweden in 2025

Setra Group AB is considering selling its sawmill in Malå, Sweden, during 2025, aiming to strengthen its operations in central Sweden.

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Metsä Fibre starts change negotiations at Lappeenranta, Renko and Vilppula sawmills

The change negotiations cover the entire staff of Lappeenranta, Renko and Vilppula sawmills, approximately 245 people.

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Australia's first, and now last, newsprint maker will have a new owner

Norwegian company Norske Skog has accepted a $27 million offer by Melbourne businessman David Marriner for the mill at Boyer, on the edge of New Norfolk in Tasmania's Derwent Valley.

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Jussi Vanhanen appointed as new CEO of Metsä Group

Jussi Vanhanen, LLM, MBA, has been appointed as Metsäliitto Cooperative's new CEO. He will also be the President and CEO of Metsä Group. Jussi Vanhanen will start in his new position on 1 July 2025. Until 30 June 2025, the position will be held by Metsä Group's current President and CEO Ilkka Hämälä, who will then transfer to special duties within the company. These duties will continue until 23 October 2025, when he retires.

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Metsä Board starts pre-engineering project at Husum mill in Sweden

Metsä Board, part of Metsä Group, announced in March 2024 that it will start a development programme to produce new products on the current uncoated white kraftliner production line (BM2) at its Husum mill integrate in Sweden. The aim was to find alternatives for uncoated kraftliner production.

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Details on possible Domtar Liverpool pulp mill expected in March

Domtar's subsidiary company, Paper Excellence, entered into a settlement with the provincial government following the closure of the Northern Pulp mill in 2020. As part of the settlement, which resolved a $450-million lawsuit filed by Paper Excellence against the provincial government over closure, Domtar agreed to explore the viability of opening a new mill in Liverpool.

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RRD Powers Printing Evolution with Digital Transition of Georgia Facility

Investment doubles site's workforce, introduces industry-first equipment, and drives digital printing evolution.

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UPM Raflatac accelerates its growth in Graphics by acquiring Metamark

UPM Raflatac has acquired Metamark, a UK-based company to further accelerate its growth in Graphics business. UPM Raflatac's existing Graphics business complemented with Metamark will strengthen UPM Raflatac's overall competitiveness, bring major synergies and make UPM Raflatac a significant player in the fast-growing, high value-added Graphics segment. The Enterprise Value of the transaction is GBP 146 million (approx. EUR 175 million).

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Contractor's fall at Sappi Somerset, Maine Mill under federal investigation

Company officials said the contractor was working last month at the Skowhegan mill when he was seriously injured.

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Southeastern Timber Products announces $123 million expansion in Ackerman, Mississippi

The company's expansion of its Ackerman sawmill will increase its production capacity from 120 million board feet per year to 300 million board feet per year. To facilitate the project, Southeastern Timber Products will install a new sawmill line, new dry kilns and storage facilities.

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Sealed Air CEO Patrick Kivits steps down, Dustin Semach succeeds

Sealed Air (SEE) announced that Dustin Semach has been appointed to serve as the president and CEO, effective immediately. Semach will also serve as a member of the board of directors and its executive committee.

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Huhtamaki to separate Fiber Foodservice business into two distinct segments

Huhtamaki is separating the Fiber Foodservice Europe-Asia-Oceania business segment into two distinct business segments, Fiber Packaging and Foodservice Europe-Asia-Oceania. The change is expected to take effect as of April 1, 2025, at the latest.

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What they are telling us on LinkedIn--February 2025

In your relaxing time are you a spectator or a participant?

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Celebrating all things paper: The wonder and the legacy, continued
Celebrating all things paper: The wonder and the legacy, continued

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, more than 150 papermaking innovators and legends have been enshrined. This month, we profile Norm Dove, who was inducted into the Hall of Fame in 2015.

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PM40

The PM40 closed Friday, 14 February 2025, at 5938.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

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RearView

The PM40 closed 14 February 2025 up 10.3% from the 16 February 2024 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Nine Dragons and Sonoco.

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Clearwater Paper to cut 10% of positions across company; targets $30M-$40M cost savings in 2025

The company states: "We continue to experience challenging SBS industry conditions, with supply exceeding demand, but we remain optimistic about the future growth prospects of paperboard packaging. We are taking actions to address the resulting near term margin pressure by reducing fixed costs, including eliminating more than 10% of all positions across the company. These combined actions should deliver $30 to $40 million in cost savings in 2025. While our industry is currently in a down cycle, we continue to invest in our assets to ensure that they remain competitive in the long-run."

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Suzano reaches nominal capacity and 1 million tons of production in record time with ANDRITZ-delivered pulp mill

Suzano has reached remarkable production milestones at its new pulp mill in Ribas do Rio Pardo, Brazil, delivered by ANDRITZ.

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Valmet to deliver a quality control system for corrugator to Penha in Brazil

The start-up is scheduled for the third quarter 2025.

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Nordic Paper invests in wireless vibration measurement at Bäckhammar mill in Sweden

SPM Instrument AB has received a strategically important order from Nordic Paper's mill in Bäckhammar in Värmland, Sweden, for a larger volume of the Airius LTE-M wireless vibration sensor.

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Valmet to deliver its first IQ Moisturizer for a kraft machine to Sri Andal in India

The delivery is scheduled for the first quarter 2025.

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Valmet secures the best A List position in the CDP Climate disclosure for the second year in a row

CDP's evaluation is based on the company's disclosure about its climate-related strategy, targets, governance, risks and opportunities, risk management, and actions in the last reporting year.

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Aikawa Fiber Technologies appoints new CEO

Aikawa Fiber Technologies (AFT) has appointed Ali Raheem as its new CEO, reinforcing its leadership and strategic growth focus. Ali brings extensive global experience in business development, strategy, and leadership across multiple industries.

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ANDRITZ strengthens environmental offering with acquisition of LDX Solutions

ANDRITZ has acquired LDX Solutions, a leading provider of emission reduction technologies and related services in the North American industrial market, with annual revenues of about $100 million.

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Displaying 526 - 550 of 18412 articles

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