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Displaying 6076 - 6100 of 19289 articles

Ahlstrom-Munksjö to acquire majority of Chinese decor paper producer Minglian

UPM has permanently closed paper production at its Shotton newsprint mill site in North Wales, United Kingdom. The site and all related assets will now be transferred to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş., the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding ("Eren"), thereby closing the transaction announced in May 2021. Eren will now start working on the conversion of the site.

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Metsä Board plans to purchase all shares in Hämeenkyrön Voima from Pohjolan Voima

The estimated completion of the transaction would be at the end of 2021 or at the beginning of 2022.

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UFP Industries acquires Shelter Products, Inc.

UFP Industries announced that UFP Distribution, LLC, a wholly owned subsidiary of UFP Construction, LLC, acquired the operating assets of Shelter Products, Inc., in Haleyville, Alabama, for $6.5 million.

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Schweitzer Mauduit facility to close

A Manitoba farmer fears the impending closure of a flax straw-processing facility near Carman may mean a decline in provincial flax acres.

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Cascades Announces That the Sale of its Equity Interest in RdM Group Will Be Completed in Q4 2021

Cascades Inc. announces that the sale of its equity interest in Reno de Medici S.p.A. is now expected to be completed in the fourth quarter of 2021, versus previous expectations that it would close in the third quarter.

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Turkish firm wants to switch UPM Shotton paper mill to containerboard

A Turkish company plans to convert the Shotton paper mill in north Wales from newsprint to containerboard in an attempt to boost UK-based paper recycling.

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Klabin company chairman dies at 89

Brazilian pulpmaker Klabin SA said on Wednesday that the chairman of its board of directors, Armando Klabin, died at the age of 89, in Rio de Janeiro.

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Klabin starts up first paper machine of Puma II Project in Brazil

Klabin started up of the first paper machine (MP27) of the Puma II Project located in Ortigueira, Paraná, Brazil , which is its largest investment to date. With production capacity of 450,000 tons, MP27 launches production of Eukaliner, the world's first kraftliner paper made 100% from eucalyptus fiber.

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Verso says it will continue considering selling to Atlas if offer is raised

Verso Corp. announced it would continue considering Atlas Holding's offer to purchase the company if Atlas increased its offer to more than $20 per share.

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Graphic Packaging Holding Company Announces Michelle Fitzpatrick as Company's First Chief Sustainability Officer

Most recently, Michelle served as the Global Sustainability Leader at The Chemours Company, one of the world's leading producers of titanium dioxide and has previously held roles within the Titanium Technologies business segment and the corporate remediation function.

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Huhtamaki completes the acquisition of Elif

Elif employs approximately 1,500 people in its two manufacturing locations in Istanbul, Turkey and Cairo, Egypt.

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Rengo opens Yodogawa logistics center in Japan

Rengo Co., Ltd. has opened Yodogawa Logistics Center in Fukushima-ku, Osaka-shi, Japan. Yodogawa Logistics Center is the Rengo Group's largest logistics center in the Kansai region, Japan, and is capable of storing approximately 20,000 tons of containerboard.

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Congressman fights to keep Domtar and other manufacturing jobs in southwest Ohio

Congressman Mike Turner (OH-10) appeared before the United States International Trade Commission (USITC) this week to advocate for the Domtar employees and more broadly, the southwest Ohio community.

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Will containerboard usage ever stabilize?
Will containerboard usage ever stabilize?

Recently, in a discussion with one of our clients, we were talking about predictable consumption. The big two paper and paperboard grades--tissue and containerboard--were the front and center subjects. I was pointing out that since World War II, tissue consumption has been very predictable in 1st world countries at about 35 pounds per capita per year. Our client asked, "What about containerboard?"

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PM40

The PM40 closed Friday, 1 October 2021, at 4283.

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

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RearView

The PM40 closed 1 October 2021 up 42.1% from the 2 October 2020 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Amcor and International Paper.

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Residents file motion to intervene in EPA litigation against New Indy, put immediate end to pollution

The motion was filed before Judge Sherri A. Lydon in federal court in the District of South Carolina, Rock Hill Division, and if granted, residents will ask the Court to require New Indy to immediately take all measures necessary to eliminate its dangerous air emissions and comply with the Clean Air Act and EPA's outstanding order.

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Cascades Containerboard fined $375,000 for stench from Niagara Falls paper mill

A Niagara Falls paper mill subject to multiple complaints of foul odors was punished Thursday with a $375,000 fine and state-mandated plant improvements that will cost the plant's owners an estimated $2 million.

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Kimberly-Clark's Manufacturing Facility in Spain Reduces Direct Carbon Emissions by 40%

As part of its purpose to deliver better care for a better world, Kimberly-Clark's 2030 sustainability goals include a commitment to reducing its direct and indirect greenhouse gas emissions by 50% by 2030 from a 2015 base year.

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Huhtamaki climate targets validated by the Science Based Targets initiative

As part of its commitment to its ambitious 2030 Sustainability strategy, Huhtamaki submitted a series of Climate Change mitigation targets in 2020. These have now been approved and validated by the global recognized Science Based Targets initiative (SBTi).

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DS Smith Embeds Circular Design Metrics Across All Packaging Sites

Sustainable packaging leader DS Smith announced today it has embedded its pioneering Circular Design Metrics across all its packaging sites to support the transition to a circular economy and help customers achieve their ESG goals, furthering its commitment to meeting customer needs as the corporate world embraces ESG and works to set and meet targets that reduce environmental impacts.

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Port Hawkesbury Wind will benefit the region, company says

Overall, the project is expected to cost $200 million. Port Hawkesbury Paper employs upwards of 1,000 people - directly and indirectly - in northeastern Nova Scotia.

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Weyerhaeuser Company Authorizes New $1 Billion Share Repurchase Program, Declares Interim Supplemental Dividend on Common Shares

Weyerhaeuser Company announced that its board of directors declared an interim supplemental dividend of $0.50 per share on the common stock of the company, payable in cash on October 19, 2021, to holders of record of such common stock as of the close of business on October 5, 2021.

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The Paper Lid Company and Metsä Board introduce 100% recyclable paperboard lid for takeaway beverage cups

A long-term collaboration between Finnish startup The Paper Lid Company and Metsä Board, part of Metsä Group, has led to the development of a 100% recyclable paperboard lid for use with takeaway cups.

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Displaying 6076 - 6100 of 19289 articles

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