Recent Articles

Solenis, a leading global producer of specialty chemicals, will increase prices by up to 20 percent on all wet strength resins in EMEA, effective immediately or as contracts allow. The price increase is necessary due to lack of raw material availability, escalating key raw material costs and a surge in freight costs that has led to additional pressure on our global supply chain.

Andritz has received an order from the Danish energy company Fjernvarme Fyn Produktion A/S to deliver a new biomass boiler plant complete with auxiliary equipment for their "Bio Blok 2" project.

Global technology company ABB is leading a major installation of new drives, control systems and quality control solutions (QCS) for Iggesund Paperboard in Sweden, driving increased safety, higher availability and more stable operations for the board mill.

Monadnock Paper Mills, Inc. has announced a new distribution partnership with Case Paper, one of the largest privately held distributors and converters of paper and board for the printing and packaging industries. Case Paper will be the exclusive distribution partner for Monadnock in the Florida market.

Kimberly-Clark Corporation announced that it is notifying customers in the U.S. and Canada of plans to increase net selling prices across a majority of its North America consumer products business. The increases will be implemented almost entirely through changes in list prices and are necessary to help offset significant commodity cost inflation.

The Board of Directors of Ahlstrom-Munksjö Oyj has resolved to apply for the termination of public trading in the shares of Ahlstrom-Munksjö and for the delisting of its shares from the official list of Nasdaq Helsinki Ltd and from the main market of Nasdaq Stockholm AB.

Servera® papers offer the highest kit level for a paper free of fluorochemicals, while being cost-effective. These eco-friendly papers are available in bleached and natural options. Manufacturing with natural pulp integration, Ahlstrom-Munksjö offers customers the product solutions they desire to address end-user sustainability needs in the QSR market.

The massive ship blocking the Suez Canal may prove to be a titanic pain in the butt -- by reportedly unleashing a toilet paper shortage not seen since the early days of the coronavirus pandemic.

UPM recently announced new innovations in responsible wood construction.

Reported insider trading since the last issue of PaperMoney.

Around 5:40 p.m. on Friday, March 11, a 911 call came into Pickaway sheriffs office of a man that had suffered a head injury at the Sofidel tissue mill and was bleeding from nose and mouth.

At the groundbreaking, the company said the new mill would preserve 1,100 jobs, with another 200 more possibly to be added.

The Ponderay Newsprint mill, which had been one of the largest employers in Pend Oreille County before it shut down, could be sold at auction in April, according to court records. A federal bankruptcy judge on March 18 will consider a motion by Trustee John Munding to sell the sprawling property near Usk during an auction April 23.

Pregis announces its new film converting facility in Elkhorn, Wisconsin, and new machinery assembly facility in Germantown, Wisconsin to meet growing e-commerce demands for its Sharp Packaging Systems® by Pregis brand of poly bagging solutions.

Södra is forming the Innovation business area. The initiative will involve a stronger focus on new, profitable business, while the other business areas will gain more traction for the development of their existing operations. Catrin Gustavsson, who is currently Senior Vice President Innovation and New Business at Södra, is to become the new Business Area President.

Wichita firefighters battled a fire at the International Paper Wichita Recycling Facility on Monday, March 8.

A chemical leak Monday morning, March 8, at Ahlstrom-Munksjo Mosinee Mill required a response from the Hazardous Incident Team.

Smurfit Kappa UK & Ireland is investing in high quality print and conversion equipment in Tannochside, Scotland.

Pactiv Evergreen Inc. announced that John McGrath has elected to retire as CEO of the company and has been succeeded by Michael King.

Scapa Group PLC said Monday that AMS HoldCo 2 Ltd, a subsidiary of paper materials manufacturer Schweitzer-Mauduit International Inc, has upped its offer for the Manchester-based maker of medical devices and industrial adhesives.

Mittera, a national leader in print and digital communication strategies, has announced its acquisition of select business assets of Creel Printing currently operating in Las Vegas, Nevada.

Hong Kong-headquartered Nine Dragons Paper announced it will invest US 1.3 billion to open two manufacturing facilities in Malaysia.

Fort Dearborn Company announced that it has acquired Hammer Packaging Corporation. The combined organization takes advantage of Hammer's state-of-the-art technology to enhance Fort Dearborn's leadership position in the decorative label and packaging marketplace by further expanding the company's geographic footprint, capacity and capabilities.

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of J.C. Gilmore Pty Ltd.

Neenah, Inc. announced the signing of a definitive 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 for €205 million in cash. Closing is expected to occur in early April and is subject to customary conditions.