Recent Articles

PotlatchDeltic Corporation announced that it has been recognized as one of "America's Most Responsible Companies 2022" by Newsweek. This prestigious award recognizes the top 500 most responsible companies in the United States across 14 industry categories. PotlatchDeltic was ranked 209 on the overall list.

Ahlstrom-Munksjö continues to focus on the growth segment of electrification, expanding its latest product offering, totally dedicated to filtration media solutions for electric vehicles. The new solutions for fuel cell electric vehicles complement the products launched earlier in the year for all electric vehicles, including filtration solutions for cabin air, transmission and cooling systems.

Sappi Limited, a leading producer of dissolving pulp sold under the brand name Verve, continues to reach new milestones by completing the Higg Facility Environmental Management (FEM) verification audit at its Cloquet Mill.

Resolute Forest Products Inc. announced that its board of directors authorized the repurchase of up to $100 million or 10 million of the company's common shares, whichever occurs first. Repurchase transactions will be funded using the company's sources of liquidity.

Global packaging and paper leader Mondi has been recognized by CDP with a prestigious Triple A score for the second year in a row. Of the nearly 12,000 organizations rated, Mondi is one of only 14 worldwide to achieve a Triple A score for its sustainability performance on climate, forests and water security.

Essity has once again been recognized for its leadership in sustainability by the global non-profit environmental organization CDP. The company was awarded a place on CDP's prestigious A List for its work in combating deforestation. Essity is also recognized for its environmental leadership in the index for climate change, achieving A- from CDP.

Single-use razors are usually made out of Polystyrene, but where ecoShave wanted to launch a more sustainable version of the classic grooming product. ecoShave was looking for a way to stand out from the traditional solutions and design a disposable single use razor where both the packaging and product is made from sustainable materials.

Minerals Technologies Inc. announced that it has entered into two separate long-term agreements.

Valmet will supply a grade conversion rebuild to VPK's Alizay mill in France. In the project, the paper machine, which currently produces fine paper grades, will be rebuilt to produce recycled lightweight containerboard grades to support Alizay's plans for long-term sustainable development in circular economy.

A project of this size and scope is typically valued at around EUR 60-70 million.

Andritz has successfully started up the first Andritz COMPACT PRESS wash press at BillerudKorsnäs' Gruvön mill located in Värmland, Sweden.

Valmet will supply a long-term Performance Agreement and a board machine rebuild to Metsä Board Husum in Sweden. The main goal is to increase board machine BM 1's Overall Equipment Efficiency (OEE) and annual folding boxboard (FBB) capacity by 200,000 tonnes. Valmet delivered BM 1 to Metsä Board in 2016. The start-up of the rebuilt BM 1 is scheduled to take place in the fall of 2023.

Reported insider trading since the last issue of PaperMoney.

After 206 employees lost their jobs at tiskʷat mill, Powell River is looking into new ways to get it up and running.

ND Packaging has officially opened its 350,000 Sq. Ft. corrugated packaging plant in southeastern Wisconsin. At full operation, this new facility will add more than 80 full-time job to the region.

Sustainable Development Technology Canada (SDTC) has awarded Red Leaf Pulp Ltd. $3.8 million to commercialize an innovative and game-changing pulping technology using wheat straw and other sustainable agricultural resources along with wood-based pulp in traditional applications.

The Company's pulp shipments have declined as a result of the recent weather-related transportation disruptions.

Sustana is a leading manufacturer of specialty recycled fiber and sustainable packaging and paper products.

Last month, R.R. Donnelley said it agreed to sell itself to private-equity firm Atlas for $8.52 per share in cash.

Paper Excellence earlier announced a temporary curtailment of the Catalyst mill in Powell River, due in part to the additional supply chain interruptions caused by recent flooding, which followed a more long-term supply chain disruption caused by a global pandemic.

In October 2021, West Fraser has entered into an agreement to acquire the Angelina Forest Products lumber mill for approximately $300 million, subject to certain post-closing adjustments.

The WestRock Paper and Packaging Company in Columbus, experienced a small blaze on Tuesday afternoon, Nov. 30. The Columbus Fire Department (CFD) responded at approximately 4:00 p.m. to the report of a machine on fire.

No workers or emergency responders were injured in a machine fire that grew to a three-alarm blaze at the Packaging Corporation of America facility in Harrisonburg late Tuesday night, Nov. 30, according to Michael Parks, city spokesman.

The planned investment is about JPY 5 billion ($44.2 million) and the planned commencement of operation is July 2023.

Chatham Asset Management on Monday raised its offer for RR Donnelley & Sons Co to $10.25 per share, hours after the printing company reaffirmed that it was sticking to a merger with investment firm Atlas Holdings.