Recent Articles

BillerudKorsnäs has agreed with the British investment firm Inspirit regarding the divestment of the Beetham mill. The transaction has been completed. The purchase price corresponds to an equity value of around SEK 30 million.

Rengo announces that Vina Kraft Paper, its joint venture in Vietnam, has decided to construct a new production base for containerboard.

The new facility is now producing the Pregis EverTec™ mailer which is a durable, lightweight, curbside recyclable, paper cushioned, shipping solution. Pregis is currently employing 75 people in Arlington with plans to scale up to 105 over time.

Sonoco announced it has acquired the assets of D&W Paper Tubes, Inc., a Chatsworth, GA-based manufacturer of sustainable industrial paper tubes and cores.

Over 3000 vaccinated employees of JD Irving, Limited at 45 different locations have now qualified to receive a $150 vaccination bonus as part of an incentive program announced this fall.

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of The Box Pack Trust, operating as Boxpack Packaging (Boxpack). This transaction adds a full complement of high-value cardboard packaging products to the industrial packaging products offered by UBEECO and expands the customer base of both companies throughout Australia.

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 Douglas Atack, who was inducted into the Hall of Fame in 2004.

The PM40 closed Friday, 12 November 2021, at 4712.

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

The PM40 closed 12 November 2021 up 47.2% from the 13 November 2020 level.

In this issue of Disconnected Comparisons, we evaluate Boise Cascade and Ennis, Inc.

Platinum Equity announced it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries.

The Hämeenkyrön Voima power plant, from which Metsä Board's Kyro mill buys energy, has replaced the peat it burns with renewable energy. In the future, the power plant aims to use wood-based fuels from Metsä Group's production and wood procurement by-products.

The U.S. EPA and South Carolina DHEC accused New-Indy Containerboard of new violations to the Clean Air Act and the state Pollution Control Act, including violations related to the South Carolina paper mill's ongoing required reduction of its hydrogen sulfide emissions.

Thousands of logging, sawmill and pulp and paper mill jobs may be lost in B.C., if the 2.6 million hectares (6.4 million acres) of old growth being made off-limits to logging through temporary deferrals become permanent, warn forestry sector industry groups.

A Green Bay company announced its new water system that wouldn't discharge a single drop of wastewater into the Fox River.

Some of Clearwater Paper's tissue operations, including those in Lewiston, might be temporarily idled in upcoming weeks as the manufacturer works to match production with volatile demand.

Metsä Board, part of Metsä Group, has won both the Finnish Circular Economy Award and the Finnish Quality Award in the Laatukeskus Excellence Finland assessment.

The selection of Graphic Packaging by Forbes was based on independent surveys conducted in more than 55 countries around the world, where employees rated their employers on topics such as image, trust, gender equality, corporate social responsibility, culture, and benefits.

Commenting on the group's results, Sappi Chief Executive Officer Steve Binnie said: "I am very pleased with Sappi's strong recovery and our return to profitability for the year. I wish to recognise the dedication and resilience of the Sappi team in turning a loss of US$135 million in 2020 into a profit of US$13 million for 2021, with EBITDA increasing by 40% over the prior year. The team overcame significant challenges posed by Covid-19. The cooperation, cross-regional support and continued focus on our Thrive25 strategy was exemplary."

Sonoco, one of the largest global diversified packaging companies, has once again been named a "Best for Vets" company by Military Times. One of 161 companies named to the list, Sonoco joins other well-known brands, including Kellogg Company, Johnson & Johnson, Deloitte and L'Oréal USA on the distinguished list.

SCA and Scania are together developing the first electric timber truck with a technical capability of up to 80 tonnes total weight.

Neenah, a leading global manufacturer of latex-saturated and coated papers used in abrasive products worldwide, introduces DURAFLAT® Fibre Grinding Disc Backing, an alternative to traditional vulcanized fibre discs, to the marketplace. DURAFLAT Fibre offers better dimensional stability to reduce curl, improved efficiencies, lower costs, and flatter discs that enhance grinding execution and reduce bursting in packaging on the shelf.

Sustainable pulp and paper producer Asia Pacific Resources International Limited (APRIL) Group has reasserted its pledge to prevent forest fires at the 26th UN Climate Change Conference of the Parties in Glasgow, Scotland.

Rayonier Advanced Materials, Inc. and the Georgia Center of Innovation have partnered with scientists at the University of Georgia (UGA) to develop an innovative method to capture valued biomaterials from the process to manufacture cellulose and turn these coproducts into useful products.

Graphic Packaging International has scooped up 12 awards at the North American PPC Carton Awards, including the prestigious Judges' Award that recognizes outstanding design and execution.