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Displaying 5476 - 5500 of 19289 articles

Insider Trading

Reported insider trading since the last issue of PaperMoney.

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Mondi temporarily suspends facility in Ukraine

Mondi has temporarily shut its industrial bags plant that employs about 100 people in Lviv in the west of Ukraine due to Russia's invasion of the country, according to a spokesperson.

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Kimberly-Clark Acquires Majority Interest In Thinx

Kimberly-Clark Corporation, the pioneer of menstrual hygiene products, announced that it has completed its acquisition of a majority stake in Thinx, Inc., an industry disruptor and the leader in reusable period and incontinence underwear category. The company made an initial minority investment in Thinx in 2019.

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Canfor sells Mackenzie assets for $70 million

Canfor Corp. said it plans to sell its forestry and mill assets in Mackenzie for $70 million.

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Neenah Invests in Meltblown Capacity to Meet Increased Demand

Neenah, Inc., a leading global manufacturer of specialty materials focused on filtration media, specialty coatings, engineered materials, and imaging & packaging, announced a 25 million euro investment in new meltblown capacity in our German filtration facility.

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RRD stockholders approve Chatham deal

Upon completion of the transaction, RRD's shares will no longer trade on the New York Stock Exchange, and RRD will become a private company.

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UPM strike extended three more weeks

Today (Feb. 24) the union announced a three weeks' extension to the strike at most UPM's Finnish mills, until 2 April 2022, unless new collective labour agreements are reached before that.

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Tetra Pak invests in new recycling facilities in Turkey, Saudi Arabia, Ukraine and Australia

In just four months, Tetra Pak has co-invested over Euro 11.5 million with recyclers and industry players, to help set up four completely new recycling solutions for carton packages in Turkey, Saudi Arabia, Ukraine and Australia.

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Sappi expands mill facility in Italy for sublimation papers

The conversion is scheduled for completion by the end of 2023.

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Interfor Completes Acquisition of EACOM Timber Corporation

Interfor announced that it has completed the previously announced transaction to acquire 100% of the equity interests of EACOM Timber Corporation from an affiliate of Kelso & Company, effective February 22, 2022.

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Stora Enso accelerates its growth agenda by exploring expansion in production of renewable consumer packaging board

Stora Enso is starting a feasibility study for the possible conversion of an idle paper machine at its Oulu site in Finland for a high-volume consumer board line. On a successful completion of the feasibility study, an investment decision could be made by the end of 2022 with start-up in 2025.

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Cascades launches expansion plan in the isothermal packaging market

Cascades announced an expansion plan in the isothermal distribution market with the commissioning of a new production site in the western United States, in Tacoma (WA), and with the launch of new products under its northbox® brand of insulated boxes for fresh foods.

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Fire damages equipment at DS Smith Riceboro, Georgia paper mill

No injuries were reported in the fire.

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No injuries reported following fire at Weyerhaeuser facility

The County of Grande Prairie Regional Fire Service was on the scene at the Weyerhaeuser sawmill after a structure fire at the facility at approximately 6 a.m. Monday, Feb. 21.

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SCA invests $9.7 million in pulp mill in Östrand, Sweden

SCA says it will invest SEK 90 million ($9.7 million) in the pulp mill in Östrand, Sweden. The investment will lead to cost savings but also increase the mill's production capacity. The investment will also improve the local environment by reducing the risk of odor disturbances.

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Domtar on track to open repurposed paper mill at the end of 2022

Ahead of schedule, Domtar's Kingsport plant manager said roughly 170 employees are currently in training to be able to safely produce the brown paper cardboard.

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Graphic Packaging to Close in Battle Creek, Mich. in August 2022

In 2019 when the company announced its new facility in Kalamazoo, representatives at the time described a new machine that would be housed at the new location would be used to replace other production facilities like the one in Battle Creek.

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After delaying over crime concerns, Weyerhaeuser says workers will return to downtown Seattle office

Having paused reopening efforts last fall in part because of concerns about street crime in Seattle's downtown core, Weyerhaeuser will be returning to its Pioneer Square headquarters in April.

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Columbia Pulp shuts down 'most operations' citing need to better develop customer base for alternative fiber

The majority of operations at Columbia Pulp LLC will shut down for an undetermined length of time starting Friday, Feb. 18, while the young company works on developing a market for its unique product.

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No injuries reported in Dunn Paper fire

Fire crews responded to a machinery fire inside the Dunn Paper mill in Port Huron Thursday afternoon, Feb. 17.

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Canfor Pulp Announces Production Curtailment at Taylor Pulp

Canfor Pulp Products Inc. is announcing a minimum six-week curtailment of BCTMP production at Taylor Pulp in response to significant transportation shortages that have resulted in inventories at the pulp mill reaching capacity.

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Resolute Forest Products acquires Senneterre biomass power plant in Canada

Boralex Inc. announces an agreement for the sale of the 34.5 MW Senneterre power plant in Quebec, Canada. The power plant has been purchased by Resolute Forest Products Canada Inc.

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Canfor Announces Capacity Reduction at Plateau Sawmill

Canfor Corporation has announced the permanent reduction of 150 million board feet of production capacity at its Plateau Sawmill to resize the facility and align it with the available, sustainable timber supply in the region following the devastating impacts of the Mountain Pine Beetle infestation and other constraints on the timber harvesting land base.

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Menasha Packaging signs agreement to acquire the assets of Color-Box, a business unit of Georgia-Pacific

Menasha Packaging Company, LLC, a subsidiary of Menasha Corporation, announces it has signed an agreement to acquire the assets of Color-Box, a business unit of Georgia-Pacific, LLC. Terms of the transaction were not disclosed. The acquisition is expected to close in early summer 2022.

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Apollo Agrees to Buy Novolex From Carlyle for $6 Billion

The transaction is expected to close during the second quarter of 2022, subject to regulatory approvals.

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Displaying 5476 - 5500 of 19289 articles

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