Recent Articles

UPM's goal is to develop, encourage and reward every employee in their work. UPM paid a total of EUR 51 million as short-term incentives to employees in 2020. The incentives were paid for the good 2019 results and for personal success in one's own work.

Andritz has successfully started up next-generation disc filter technology with eight PrimeFilter D disc filters at Malaysia Lee & Man Paper Manufacturing Limited in Selangor Darul Ehsan, Malaysia.

At the construction site of the Palm paper mill in Neukochen, the assembly of the world's fastest and widest corrugated base paper machine is now in its final phase.

Solenis, a leading global producer of specialty chemicals, will increase prices by 10 to 15 percent on all polyacrylamide polymers, coagulants and retention aids across the EMEA region, effective immediately, or as customer contracts allow.

Valmet has received several pulp technology orders from Nine Dragons to its pulp mills in China. The deliveries include fiberlines and core components for recovery boilers and lime kilns. The deliveries will be done in phases and the start-ups are scheduled for 2022 and 2023.

The number of wood transports by rail will be increasing significantly in Finland from 2023 onwards when the bioproduct mill in Kemi is commissioned.

Valmet will supply a folding boxboard making line (BM 1), a fine paper making line (PM 3) and a bleached chemi thermo mechanical pulp (BCTMP) production line to Liansheng Pulp & Paper in Zhangzhou, Fujian province, China. The lines will be delivered to a new greenfield mill in Zhangzhou, which will eventually have a total pulp and paper capacity of 3.9 million tonnes annually. The start-ups of BM 1, PM 3 and BCTMP line are scheduled for the 3Q 2022.

Voith offers a new polyurethane (PU) roll cover that has been developed for press rolls: the IntensePress. This has been specifically designed for use in the demanding applications of pulp machines and twin-wire presses.

Sappi started up new coating kitchen at its Condino, Italy, paper mill supplied by Austrian GAW technologies.

Reported insider trading since the last issue of PaperMoney.

Domtar Corporation announced that John D. Williams will return from temporary medical leave following having contracted the Covid-19 and is resuming authority and responsibility as President and Chief Executive Officer on Monday, March 1st, 2021.

Packaging Corporation of America announced that it has discontinued production of uncoated freesheet (UFS) grades on the No. 3 paper machine at its Jackson, AL mill and will begin preparing for the permanent conversion of the machine to linerboard.

Mondi Plc, the packaging and paper group, is exploring a potential takeover of British rival DS Smith Plc, according to people familiar with the matter.

Thursday February 25, at 7.07 am, SCA closed permanently paper machine LWC4 at Ortviken paper mill. With this, SCA's all production of publication paper has come to an end.

RBC Capital Markets analyst Paul Quinn has suggested that B.C.'s Big 3 could become the Big 2, with Canfor buying Interfor.

Fire department officials described the fire as tough to put out because it was in a difficult spot to reach. Additionally, the burning material was likened to mulch, which is prone to deep-seated fire that can smolder for hours.

International Paper has acquired Berkley International's Molded Fiber (pulp) manufacturing division, Berkley MF LLC, for an undisclosed purchase price. Calabasas Capital served as exclusive financial advisor to Berkley.

Weyerhaeuser Company announced an agreement to purchase 69,200 acres of high-quality Alabama timberlands from Soterra, a subsidiary of Greif, Inc., for approximately $149 million. The acquisition is comprised of highly productive timberlands situated in southwest Alabama, approximately 100 miles north of Mobile.

Domtar Corporation announced appointments to the company's management committee. These appointments streamline and simplify the company's management structure and will help advance Domtar's strategic plan to lower costs and refocus the company's portfolio on paper, pulp and packaging.

The state Department of Labor and Industries is investigating the death of a truck driver who was struck by a 1,500-pound cardboard bale at a McKinley Paper Company unloading area.

UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an 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 $17 million.

A key investor in Greater Manchester industrial tapes and wound care group Scapa has called on its directors to strike a better deal with its US suitor.

The fire involved the finished cardboard canisters manufactured by the facility, which were stored on plastic pallets and shrink-wrapped, then stacked three pallets high, according to authorities.

Quinte West Fire Department investigators will be returning to the Cascades containerboard packaging facility in Trenton Monday morning, February 22, 2021.

Mill Rock Capital, a growth and operations oriented private investment firm, announced today that its portfolio company Mill Rock Packaging Partners LLC ("Mill Rock Packaging") has acquired All Packaging Company ("All Packaging"), a leading specialty paper packaging company focused on various consumer end markets.