Recent Articles

Mondi, a global leader in packaging and paper, has entered the bike packaging market with its Protector Bags, providing a new sustainable solution for Diamant to replace plastic wrapping used around the handlebars of its Trek and Diamant brands.

AkzoNobel has announced that Gregoire Poux-Guillaume will become the company's new CEO as of November 1, 2022. He will succeed Thierry Vanlancker, who has been CEO and member of the Board of Management since 2017, and whose term of office is coming to an end.

SKF and ABB have entered into a Memorandum of Understanding (MoU) to explore the possibilities for a collaboration in the automation of manufacturing processes. The MoU was signed at ABB's Robotics Experience Center in Västerås, Sweden, by SKF CEO Rickard Gustafson and ABB CEO Björn Rosengren.

AFT will be supplying a new POM thin stock approach system to the Papeles y Conversiones de Mexico containerboard mill in Monterrey, Nuevo Leon, Mexico. PCM is a leading Mexican company in the manufacture, conversion and marketing of high quality printing and packaging products.

International technology group ANDRITZ has received an order from Shanying Paper (Jilin) Co. Ltd. to supply a complete OCC line, including fiber recovery and reject handling system, for its mill near Fuyu City, Songyuan, Jilin Province, China.

Valmet will deliver a LignoBoost plant for Mercer Rosenthal Lignin Center in Thuringia, Germany. The plant will extract kraft lignin from pulp mill black liquor.

Andritz has received the third order from Shandong Canfield Wood Industry Co., Ltd. to supply a pressurized refining system to its mill in Chiping County, Liaocheng City, Shandong Province, China.

Andritz has received an order from Dongfang Smart Energy Co., Ltd. of Shaanxi Power Generation Group to supply two paper machine approach flow systems and LC (low consistency) refiners to its mill in Wugong County, Xianyang City, Shaanxi Province, China.

Valmet will deliver the world's first two electrical folding machines for pulp bales to Södra Cell Mönsterås pulp mill in Sweden.

On June 28th, NOREXECO, the world's only international regulated market for trading pulp and paper derivatives, explained to North American buyers and sellers of pulp how they could mitigate pricing risk for market pulp using exchange traded contracts.

Reported insider trading since the last issue of PaperMoney.

Empire Recycled Fiber (ERF) says it has made the decision to relocate its recycled containerboard mill project from Fairless Hills, Pennsylvania to the Dayton, Ohio regional market.

The Zachary Police Department was called to a fire at the Georgia-Pacific Corporation around 3 a.m. on Tuesday, June 28.

A smoky fire broke out at the paper mill in Madawaska causing workers to evacuate Friday evening, June 24.

There has been a fatal incident at the Kemi bioproduct mill site of Metsä Fibre. The accident took place at the installation site of the recovery boiler in the forenoon, the 25th of June, 2022.

Mercer International Inc. is deeply saddened to announce that an employee has passed away at its Rosenthal mill in Germany on June 25, 2022. Mercer and local authorities conducted an investigation and so far determined that the tragic loss was not work related.

Progroup is building a new corrugated sheetfeeder plant in south-west Germany, between the Palatinate villages of Petersberg and Höheischweiler. The company is investing more than Euro 90 million in the new building and is thus continuing to pursue its growth strategy. Production is set to begin in the second half of 2023.

UFP Industries announced that its affiliate, PalletOne, Inc., has acquired a 50 percent equity stake in Dempsey Wood Products, LLC. The purchase agreement includes options for PalletOne to purchase the remaining 50 percent of Dempsey after three years.

No injuries were reported and the fire was contained to the site of origin.

The investment in the new line amounts to over Euro 50 million and is part of the Beeskow 50+ project, which refers to both the investment and the site´s more than 50 years of existence.

Canfor Southern Pine (Canfor) is investing $25 million to modernize its Hampton County facility in South Carolina, South Carolina Gov. Henry McMaster and the S.C. Department of Commerce announced.

An ammonia leak from a tank at McKinley Paper mill was isolated in a containment area and did not drain into water or the environment, said Capt. Kelly Ziegler of the Port Angeles Fire Department.

The fire had no known causalities but did send a firefighter to the hospital.

In addition, this acquisition will expand MM's footprint into the US market with an important position in the East-Coast pharma hub.

Chilean pulp and wood panel manufacturer Arauco has signed an agreement to invest around $3 billion to build a new pulp mill in Brazil, it said in a statement.