Recent Articles

Paper Excellence has announced it's officially closing its pulp mill in Mackenzie, B.C., permanently putting about 250 employees out of work.

Pregis is announcing two new manufacturing facilities in the Dallas area to support growing demand in the Southern region of North America.

Kimberly-Clark will move more than 250 positions in sales, marketing and executive management from Wisconsin to a new commercial center in Chicago, the company said Wednesday.

Fire at Kotkamills' sawmill at 3:45 in a Debarker machine caused minor financial damages. No one was injured. In-house fire-Fighters and Municipal fire-Fighters opened the machine and extinguished the fire.

With an investment sum of Euro 16.7 million DS Smith is expanding and modernizing its traditional site in Arnstadt, Thuringia, Germany. The recent symbolic ground-breaking ceremony marks the start of construction work to renovate and expand the plant, which will take place while production continues and will span the next 12 months.

A measure that could help revive Verso Corp.'s Duluth paper mill appears well-positioned to be signed into law as part of an omnibus jobs bill.

Liberty Diversified International (LDI) has acquired the assets of Miller Container Company, a Quad Cities-based manufacturer of corrugated cartons and displays.

UPM continues to take action to ensure the company's competitiveness. UPM aims to increase efficiency of its global functions by reorganising and streamlining the operations in Finland, Germany, and Austria. If implemented, the plans would decrease the number of employments in the functions by up to 51.

A fire at UP Paper in Manistique Saturday morning, April 10, started in a paper machine and spread to the roof.

Rayonier Advanced Materials Inc. (RYAM) and GreenFirst Forest Products Inc., a Canadian lumber company, have entered into a binding asset purchase agreement pursuant to which RYAM has agreed to sell all of its lumber and newsprint facilities and related assets located in Ontario and Québec. to GreenFirst for an expected purchase price of approximately $214 million including inventory on hand at the time of closing which is payable approximately 85% in cash, 15% common shares of the capital of GreenFirst.

North Pacific Paper Company (NORPAC) is excited to announce the arrival of a new state-of-the-art drum pulper that will help the company expand its production of lightweight recycled packaging papers and safeguard more than 400 mill jobs and support other indirect jobs in Cowlitz County.

Boise Cascade Company announced the transition of its Chief Financial Officer (CFO) and Treasurer position. Wayne Rancourt has communicated his intent to retire effective May 14, 2021. Our Board of Directors has promoted Kelly Hibbs (current VP, Controller) to SVP, CFO and Treasurer, effective upon Wayne's retirement.

UPM sells its Jyväskylä plywood mill site and premises, located in Säynätsalo, Jyväskylä in Finland, to real estate developer Redeve Oy. The transaction was completed today, and the ownership of the real estate was transferred to Redeve immediately. At the same time, businesses currently renting premises on the site, will become tenants of Redeve.

The Marlboro Mill, Tatum Converting Center and Rock Hill Converting Center received the award based on their lost workday case rate during the calendar year.

Södra is acquiring Ture Johanssons Trävaru AB and AB Tenhults Impregneringsverk. The acquisitions will take effect immediately following approval by the Swedish Competition Authority. This process is expected to take up to six weeks.

Neenah, Inc. announced that it had completed the previously announced agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A. ("ITASA"), from Magnum Capital and other minority shareholders.

Pinnacle Renewable Energy Inc. obtained a final order from the Supreme Court of British Columbia, Canada, approving the plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which Drax Group plc through its wholly-owned subsidiary, Drax Canadian Holdings Inc., will acquire all of the issued and outstanding common shares of the Company for C$11.30 in cash per share.

Pixelle Specialty Solutions LLC announced it has completed two strategic investments that will further strengthen its portfolio and enhance service to new and existing customers. On March 31st, Pixelle acquired the specialty paper business Rollsource from Veritiv Corporation. On April 5th, Pixelle acquired the carbonless rolls and security papers business from Appvion Operations Inc.

Essity is acquiring the distribution rights to the wound care technology Sorbact® in Australia and New Zealand from the Australian company Bayport Brands. In 2020, sales of Sorbact® in the region amounted to AUD 1.7m (approximately SEK 11m).

A potentially dangerous situation at the Evergreen Packaging paper mill in Canton on Monday, April 5, was brought under control.

As a consequence of its strategic direction, Stora Enso is in the process of exiting the segment of dissolving pulp for viscose production globally.

UFP Industries, Inc. announced that its wholly owned subsidiary Sunbelt Forest Products Corporation closed on its agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The purchase price for Spartanburg's property, plants and equipment is approximately $16.5 million. Sunbelt also purchased Spartanburg's net working capital for an amount equal to the net book value determined on the date of closing, which totaled approximately $146.5 million.

Kimberly-Clark Corporation announced executive leadership changes in support of its global business strategy.

Bruce Hogan has been named the new Vice President and General Manager of ND Paper's Old Town Division. A pulp and paper industry veteran, Hogan brings 33 years of experience with internationally recognized companies including International Paper, Mohawk Fine Papers, Essity and Appvion.

Arctic Paper has decided to create a new cohesive R&D function at the Swedish mill in Munkedal. Daniel Klang has been appointed as Group R&D manager.