Recent Articles

WestRock Company announced that Steven C. Voorhees has decided to step down from his position as president and chief executive officer and a director of the Company for health reasons, effective March 15, 2021. In addition, the Company's Board of Directors announced that, following a comprehensive search as part of the Company's long-term succession processes, it has elected David B. Sewell to succeed Voorhees as WestRock's president and chief executive officer at that time.

Together, these investments and financial contributions total $961.1M and will lead to the creation and retention of 376 jobs in the Sherbrooke region, as well as protect 267 jobs related to the Kruger Wayagamack plant in Trois-Rivières, Québec.

No injuries were reported. The cause of the fire is under investigation.

Thirty firefighters responded to the mill.

Interfor announced that it has completed the previously announced transaction to acquire WestRock Company's sawmill located in Summerville, South Carolina.

As previously announced, Spa Holdings 3 Oy has acquired through a public tender offer more than 90 per cent of all the issued and outstanding shares and votes in Ahlstrom-Munksjö.

New sensors provide an alert if 2 metres/6 feet of social distancing has been breached and it can complete contact tracing in less than 10 minutes.

Allen J. Campbell, the Chief Financial Officer of Verso Corporation ("Verso") has informed Verso of his intent to retire in 2021. Mr. Campbell and Verso have mutually settled upon June 30, 2021, as the date of his retirement. On March 5, 2021, the Compensation Committee of Verso's board of directors approved a retention arrangement to incentivize him not to retire before June 30, 2021.

Metsä Group's innovation company Metsä Spring Ltd has made an equity investment in Montinutra Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately EUR 1 million, and Metsä Spring is participating in the round with current and new private investors.

Domtar Corporation announced that it completed the previously disclosed sale of its Personal Care business to affiliates of American Industrial Partners for $920 million. This divestiture is a significant milestone in the Company's strategic transformation to become a leading paper, pulp and packaging company.

Kimberly-Clark Corporation announced that Paula Ramos has been named Chief Strategy Officer, effective March 15, 2021, with global responsibility for the company's enterprise strategy. Ramos becomes the first Latina to serve on the company's executive team.

Western Forest Products Inc. ("Western") announced that Mr. James Arthurs and Mr. Lee Doney will not be standing for re-election as directors at Western's Annual and Special Meeting on May 6, 2021, and that Mr. Randy Krotowski and Mr. John Williamson have been appointed as independent directors to Western's Board of Directors.

Kimberly-Clark Corporation announced that Robert Long has been named to the newly created role of Chief Research and Development Officer, effective March 15, 2021, with global responsibility for the company's research, development, innovation and quality functions.

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 140 papermaking innovators and legends have been enshrined. This month, we profile the late Georg Jayme, who was inducted into the Hall of Fame in 2011.

The PM40 closed Friday, 12 March 2021, at 4294.

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

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

The PM40 closed 12 March 2021 up 38.8% from the 6 March 2020 level.

Georgia-Pacific's Brewton Containerboard mill has been named a 2020 Energy Star Challenge Achiever for Industry by the United States Environmental Protection Agency (EPA), a program developed by the agency to recognize individual facilities for volunteering to reduce energy intensity by 10% within five years.

The Alliance's mission is to develop, accelerate and deploy innovative and impactful solutions, engage communities around the world, and to catalyze investments.

UPM Biomedicals is excited to announce its collaboration with bioconvergence company CELLINK. The partnership brings together UPM's expertise for producing non-animal derived, nanocellulose biomaterials with CELLINK's years of experience in method development for 3D bioprinting, offering new groundbreaking solutions to this growing life sciences market.

By achieving its target, the company will have reduced its emissions by nearly 700,000 metric tons of CO2 equivalents per year compared to its 2015 level.

The Somerset County paper mill now the subject of a class-action lawsuit says it "strongly disputes" allegations that its facility has led to so-called "forever chemicals" contaminating a growing number of residential water wells in the Fairfield area.

Speaking at the city council meeting on March 4, Formosa said he wanted to announce that the Catalyst Paper Corporation mill in Powell River will be starting up one paper machine.

Paper-based packaging leader, Graphic Packaging International emphasizes its commitment to supporting beverage brands on their plastics reduction journey with its latest recyclable paperboard packaging solution, Cap-It™.

Amcor has partnered with McKinsey.org, a nonprofit founded by global consultancy McKinsey & Company, to develop recycling and waste management solutions that can be applied across communities in Latin America.