Recent Articles

Essity is collaborating with the Forest Stewardship Council (FSC) and The Consumer Goods Forum's (CGF) Forest Positive Coalition of Action initiative to further strengthen responsible forest management, nurture high conservation value forests and increase the certification of forest operations in north-western Russia. Deforestation is a major topic at the ongoing climate summit COP26 in Glasgow, since deforestation and forest degradation affect climate change on a large scale.

Sustana Fiber, a leading manufacturer of premium, sustainable recycled fiber has been awarded 2021 Sustainable Business Product of the Year for EnviroLife® by the Wisconsin Sustainable Business Council.

Sun Chemical announced an innovative new range of durable UV varnishes for enhancing the label resistance of HP Indigo digitally printed pressure-sensitive labels for products such as personal care, household, chemical, beverage, and pharma applications.

Mondi, global leader in packaging and paper, commissioned a life cycle assessment (LCA) comparing its new ground-breaking paper pallet wrapping innovation, Advantage StretchWrap, with conventional plastic stretch film wrapping.

A Delaware judge dismissed a suit by Chemours Co. shareholders alleging directors misled them about the company's financial health and legal liabilities when it was spun off from a predecessor of DuPont de Nemours Inc.

SCA increases the prices on white and brown kraftliner in Europe by Euro 50 per tonne. The new price is valid from December 1, 2021.

WestRock Company, a leading provider of differentiated paper and packaging solutions, was recognized for packaging design excellence at the 78th Annual North American Paperboard Packaging Competition. The company won a total of 14 awards, including Sustainability Award of the Year, reinforcing its commitment to imagining and delivering on the promise of a more sustainable future.

Start-up is scheduled for the second half of 2024.

The target is to modernize and increase the production capacity of the Guaíba pulp mill's line 2 from 1.5 million ADt/y (air dry tonnes per year) to 1.85 million ADt/y. The upgraded mill is expected to start operation in the fourth quarter of 2023.

JK Paper Limited, one of the largest pulp and paper producers in India, selected AFT to supply a POM® approach flow and stock preparation system for their latest packaging board expansion project. PM5 is a 170,000 tpa multi-layer board machine at CPM, Fort Songadh in Gujarat, India. The new machine successfully ran its first paper reel in early September to begin commercial production this quarter.

Schumacher Packaging has commissioned Voith to rebuild PM 2 at its Myszków site in Poland. The line is scheduled to start up again in mid-2023 after a short rebuild period.

Kadant Noss AB, a subsidiary of Kadant Inc. (NYSE:KAI), announced it successfully started up two approach flow cleaner systems for production of bleached hardwood kraft. The start-up on dissolving pulp is planned for the beginning of 2022. The equipment is part of the Bracell's "STAR" project in Lençóis Paulista, São Paulo located within an Andritz pulp drying approach flow area.

Reported insider trading since the last issue of PaperMoney.

Essity has acquired Johnson & Johnson Consumer Inc.'s professional sports tape brands Coach, Elastikon and Zonas, which are established premium products in the US market.

The Park Falls Pulp & Paper Mill, which was purchased by Maynard Industries, will go up for auction on Tuesday, Nov. 9, at 9 a.m.

Trex Company plans to develop a new multi-faceted production site in Little Rock, Arkansas.

The investment, announced in December 2019, was worth EUR 20 million.

Domtar will continue to cooperate and participate in the ongoing investigation by the Sûreté du Québec and the CNESST to determine the cause of the accident.

The first draft of a proposal to help restart idled paper mills in Wisconsin Rapids and Park Falls is being finalized.

Paper Excellence announced that its Catalyst Crofton facility will take a market curtailment of about two weeks in November 2021. The curtailment is in response to on-going global logistics challenges and will be coordinated with a previously planned maintenance shutdown of the facility's biomass power boiler.

West Fraser Timber has entered into an agreement to acquire Georgia Pacific's oriented strand board ("OSB") mill near Allendale, South Carolina for approximately $280 million. The transaction is anticipated to close following successful completion of U.S. regulatory reviews and satisfaction of customary conditions.

The White Mountain Paper Co., formerly Gorham Paper and Tissue, expects to restart tissue production this week at the Cascades mill on the banks of the Androscoggin River.

Nippon Paper Industries Co. -- touted for its high-quality "Kushiro brand" paper used for newspapers and magazines -- ended 100 years of production at its paper mill in Kushiro, Hokkaido, in September, shifting its primary business to thermal power generation.

Stora Enso is investing Euro 97 million to expand the board production at the Skoghall site in Sweden. At the same time, Stora Enso is initiating a pre-feasibility study to convert the second, currently idle, line at its Oulu site in Finland, to a packaging board line.

Dozens of jobs are coming to Catawba County in a $47 million manufacturing expansion, Gov. Roy Cooper announced.