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Displaying 676 - 700 of 18412 articles

International Paper offers concessions to EU for its £5.8B bid to buy DS Smith

The European Commission had been scrutinizing the proposed merger due to concerns that it might reduce competition in the market.

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Twin Rivers Paper appoints Tyler Rajeski as new CEO

Tyler joined Twin Rivers Paper in April 2022 as Vice President of Finance and was named Chief Financial Officer in August 2022, leading the company's finance, accounting, treasury and tax functions. In April 2023, he was named President in addition to his role as Chief Financial Officer.

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McKinley opens new corrugated box-making plant in Lancaster, Texas

The new plant is anticipated to generate approximately 125 jobs when operating at full capacity, offering positions from production line workers to management.

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Georgia-Pacific completes investments in Mt. Wolf, Pennsylvania facility

The upgrades included a new rooftop cyclone, a new corrugator and a state-of-the-art specialty gluer. This new equipment gives the plant improved efficiency, the ability to run digital print, and the capability to handle harder-to-run business.

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Tla'amin Nation initials agreement to reacquire mill site lands

Under the terms of the APA, Domtar (formerly Paper Excellence) will return the lands to Tla'amin for its use. Tla'amin will assume responsibility for carrying costs such as maintenance, taxes and insurance upon taking ownership.

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CDC releases report on large blastomycosis outbreak at Billerud Michigan paper mill

It was the largest known blastomycosis outbreak in the United States.

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Putnam, Florida firefighters battle fire at Georgia-Pacific facility

Putnam County Fire Rescue responded to a Georgia-Pacific because of a fire Dec. 31.

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Amcor completes sale of BCNA joint venture interest for $122 million

Amcor completed the sale of its 50% interest in Bericap North America (BCNA) for $122 million on December 27, with the proceeds used to reduce debt.

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Georgia-Pacific completes investments in Bradford, Pennsylvania facility

The investment totaled close to $34 million and funded new equipment to modernize the plant's operations.

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The Paper Packaging Company Announces Expansion to the United States

The Paper Packaging Company, founded by Nigerian engineer and entrepreneur Chidi Oguegbu, will extend its eco-conscious operations to the United States in early March. The expansion coincides with the organization's tenth anniversary, underscoring a record of providing paper-based packaging alternatives to reduce single-use plastics.

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Huhtamaki facility in Fulton, New York escapes major damage after fire crews aggressively attack flames

At about 6:30 a.m., Thursday, a worker at the packaging plant called 911 to report a fire inside the facility. An alarm inside Huhtamaki tripped less than a minute later, according to firefighters.

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Bidder controls nearly 83 percent in Nordic Paper - extends acceptance period one last time

Strategic Value Partners, through Coniferous Bidco, controls 82.84 percent of the capital and votes in the paper mill company Nordic Paper. This is announced in connection with the expiration of the extended acceptance period. The bidder is now giving shareholders another opportunity to accept the offer by extending the acceptance period one last time until January 8, according to a press release.

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International Paper Company closes Bradley County, Tennessee facility laying off 115 workers

The International Paper Company officially closed its location in Bradley County, following an October announcement that layoffs would begin the shutdown this month.

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Xerox to buy printer maker Lexmark from Chinese owners in $1.5 billion deal

Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age.

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Suzano says no formal or informal agreement with Clearwater Paper

Suzano clarifies that no agreements have been reached or documents signed regarding this potential acquisition, and there have been no significant fluctuations in its securities./span>

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Fire extinguished at Holmen Braviken paper mill - four people taken to hospital

Four people had to be taken to hospital by ambulance after inhaling smoke, and in total between 10-15 people suffered smoke damage.

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Sonoco selling thermoformed, flexible packaging business to Toppan for $1.8 billion

Sonoco Products Company, a global leader in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.

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International Paper officially closes Rockford, Illinois facility

The closing of the local International Paper facility affects at least 100 workers.

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Final day of production at Georgetown's International Paper Company mill

The International Paper Company in Georgetown will see its final production Dec. 17 and then the process of closing the plant will get under way, according to a company spokesperson.

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Green Bay Packaging deploys IFS Cloud EAM and NRG Master Data Management solutions to streamline maintenance processes and drive asset reliability

Using the IFS solution, GBP will improve asset reliability by obtaining clearer visibility into asset availability, usage, and lifecycle.

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Hood Container Corporation Announces Senior Leadership Changes: Alan Clark to assume position of President/COO

Hood Container, a leader in the Containerboard and Packaging Industry, is pleased to announce the appointment of Alan Clark as the new President and Chief Operating Officer, effective January 1, 2025. Alan Clark succeeds Charlie Hodges, who will retire after a nearly 50-year career in the pulp and paper business.

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Mondi Neusiedler completes €20 million investment to improve energy efficiency and sustainability

Mondi has made good progress on the previously announced €20 million investment programme at its Neusiedler uncoated fine paper mills (Austria). The full benefit of the upgrades is expected from the first quarter of 2025, including reduced greenhouse gas emissions and increased energy efficiency and operational safety.

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'We will work through it:' Milwaukee-based paper manufacturing building catches fire, no one injured

Investigators are looking into what started the fire.

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Veritiv Acquires Arjay Company, Expanding Reach in Greater Metropolitan New York Area

Veritiv Operating Company, a leader in specialty packaging distribution, announced that it has acquired Arjay Company, including substantially all assets of PPE Sales, LLC, a distributor of packaging solutions and equipment serving customers in Long Island and the Greater Metropolitan New York area. The transaction represents the fifth acquisition of 2024 for Veritiv under the leadership of Sal Abbate, Veritiv's Chief Executive Officer.

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Mayr-Melnhof Karton AG: MM to sell TANN Group

Mayr-Melnhof Karton AG (MM) has agreed with Evergreen Hill Enterprise, Pte. Ltd., part of an Indonesian-based privately held group of diversified companies, on the sale of 100 % of the shares in TANN Group, headquartered in Traun, Austria, for a cash and debt-free enterprise value of EUR 360 million.

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Displaying 676 - 700 of 18412 articles

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