Recent Articles

Sonoco-Alcore S.a.r.l. announced that due to inflationary pressures on the business, it will raise prices by 8 percent on all tube and core grades sold in the Company's EMEA regions. The increase will be effective for all shipments made on or after the 1st September 2021.

Cascades is pleased to announce that the Science Based Targets initiative (SBTi) has approved its greenhouse gas (GHG) emission reduction targets.

A leader in its industry and ranked 17th among the Global 100 Most Sustainable Corporations in the World, the Québec company is once again showcasing its environmental values combined with technological innovation.

Rayonier Inc. has released its 2020 Sustainability Report, which highlights actions the Company is taking to enhance the long-term well-being of its investors, employees, communities, and other stakeholders. This report illustrates Rayonier's commitment to transparency around Environmental, Social, and Governance (ESG) factors and how they are incorporated into its strategic and operational decision-making.

The lightweight and shock absorbing properties make Papira an especially attractive alternative for protective packaging applications. It is also a cutting-edge material created for a circular bioeconomy.

Kemira, a global chemicals company, announces 10-15% price increases across pulp bleaching chemicals hydrogen peroxide and sodium chlorate in the EMEA region. The adjustments will be effective immediately or as contracts allow.

Start-up is planned for 2023.

Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE:KAI), announced it received an order to supply multiple direct discharge disk filters to Shanying International Holdings Co., Ltd. for pulp thickening.

Valmet will supply key paper machine technology, which includes several upgrading works, to Muda Paper Mills Sdn. Bhd. for its PM 9 in Malaysia.

Working with an independent consulting firm, Solenis prepared the report to increase transparency and outline its efforts to sustainably improve operational efficiency and productivity.

Valmet will supply a paper machine grade conversion rebuild to one of its major customers in Indonesia. In the project, paper machine, which was originally producing fine paper grades, will be rebuilt to produce brown grades.

The new equipment will be installed on PM7 at Linping's Xiao mill and startup is scheduled for 2022.

Metsä Fibre and the construction company Lehto Group have entered into an agreement to build an ecological operating office from wood for the Kemi bioproduct mill in Finland. The operating office will have a high degree of Finnish origin, approximately 80%, Finnish wood and high-quality products made from it will play a major role in the construction project.

Shandong Huatai Paper decided to rebuild and modernize PM 11 in order to progressively convert newsprint production to high-quality graphic paper.

Valmet will build its fourth service center in China, in the city of Beihai, to further develop its local presence in the fast-growing pulp and paper industry in the Guangxi province. Valmet's new Guangxi Service Center will be in operation by the fourth quarter in 2023.

Kadant Inc. has completed its acquisition of Balemaster for $54 million in cash, subject to certain customary adjustments. Balemaster will become part of Kadant's Material Handling reporting segment.

ABB has been contracted by machine supplier Voith to deliver drives and electrification to support the build of SCA's new kraftliner machine PM2 at its Obbola mill in Umeå, Sweden.

The raw material is local wastepaper.

Valmet will supply a multifuel power boiler and auxiliary process equipment to Kipaş Kağit Sanayi Isletmeleri A.Ş.'s paper mill in Kahramanmaraş, Turkey. The new boiler will improve the reliability of the paper mill's steam and electricity supply. Additionally, its steam production capacity will be sufficient for the mill's future paper machine PM 4.

This approval means that Valmet´s climate targets support the Paris Climate Agreement's goal to limit global warming to 1.5°C and are based on the latest climate science.

ANDRITZ has received an order from Visy Pulp & Paper for a 243,000 m3 chip handling and storage system, including a Stacker Reclaimer RST360, for its Tumut mill in New South Wales, Australia.

Karl has been with Kadant U.K. for over 16 years supporting the fluid handling and doctoring, cleaning, and filtration product lines.

Just when people thought things were returning to "normal," another round of hoarding has begun.

Reported insider trading since the last issue of PaperMoney.

CatchMark Timber Trust, Inc. announced that it had completed the sale of 18,063 acres of prime Oregon timberlands - known as the Bandon property - for $100 million in cash, or approximately $5,536 per acre, to Roseburg Resources Co. The property had been purchased in August 2018 for $88.8 million or $4,916 per acre.