Recent Articles

The production of Multicopy paper is about to contribute to the biofuel production in Sweden. The energy company Gasum and Stora Enso will together turn waste into renewable green energy.

Mondi, a global leader in packaging and paper, is launching two new paper-based bags for German pet food producer Interquell, delivering both consumer convenience and sustainability benefits.

Valmet will supply a new OptiConcept M container board making line with extensive packages of automation and services to Shanying Paper, Guangdong at its Zhaoqing mill in China.

Reported insider trading since the last issue of PaperMoney.

When emergency responders got on scene they called for a medical helicopter to fly the man to Columbus Hospital for Critical care.

Conifex Timber Inc. announced a disruption of operations at its power plant in Mackenzie, British Columbia, Canada, resulting from damage to the plant's generator. The boiler and other long lead-time equipment have not been impacted.

UPM and the US-based pulp and paper producer Domtar Paper Company LLC have signed an agreement for UPM to acquire the total annual kraft lignin production of Domtar's Plymouth Mill in North Carolina, USA as of January 2021. This step enables UPM to expand its role in the growing lignin business and different application segments.

Dunn Paper, a leading manufacturer and supplier of high performance, advanced paper and tissue for use in food, medical, and specialty markets unveiled today changes within the organization beginning with the appointment of David Apollonio as President and CEO. Apollonio will lead the organization from the Company's new headquarters located in Alpharetta, Georgia.

On December 16, the Board of Directors of Veritiv approved an expansion of the restructuring plan previously announced on July 9.

Talks to save the mill took a turn for the worse back in late October when Verso said they would suspend the effort to sell the mill due to the current economic climate. That led to outrage from local and state lawmakers.

Novolex®, an industry leader in packaging choice, innovation and sustainability, announced it has acquired the business of B&H Bag Company, a leading manufacturer of paper bags and other products. The B&H business will be a part of the Novolex Duro Bag® business, strengthening Duro's customer service through increased production capacity. The family-owned company has one manufacturing plant, located outside of Houston, Texas.

According to its website, Cosmo has begun recalling some of its approximately 200 employees and hopes to be running at full capacity by February 1, 2021.

As part of its forest land optimisation, Stora Enso has signed an agreement to divest forest assets located in southern Sweden to the forestry fund Silvestica Green Forest AB. The total area of forest land in the transaction is approximately 5 200 hectares. The selling price is approximately SEK 940 million (EUR 90 million).

Södra is divesting Trivselhus AB to housing supplier Svensk Husproduktion. The takeover date is 1 March 2021.

Duluth will retain the services of a consulting firm at least a while longer in hopes that it can find a new owner for the Verso paper mill, which has been idled since summer.

International Paper officials are working with local authorities after a worker died in an industrial accident Wednesday evening, Dec. 16 at a facility in Franklin.

The new Pratt Industries building will be about 925,000 square feet.

Dunn Paper, a leading manufacturer and supplier of high performance, advanced paper and tissue for use in food, medical, and specialty markets unveiled today changes within the organization beginning with the appointment of David Apollonio as President and CEO. Apollonio will lead the organization from the Company's new headquarters located in Alpharetta, Georgia.

The Södra Foundation for Research, Development and Education has decided to grant an additional SEK 8.7 million to 11 research projects linked to forest management and forest industry. The biggest investment in this year's second round of funding will focus on potential applications for cross-laminated timber (CLT).

Andreola has over 20 years of business development and financial markets experience including senior management, marketing, and communications roles for early stage companies.

Ralf W. Dieter was appointed CEO by the supervisory board of Homag Group AG, with effect from January 1, 2021. He will hold this position in addition to his function as CEO of Dürr AG.

Pro-Gest Group's founder Mr Bruno Zago announces that Mr Francesco Zago will be taking over the role of the Group CEO from 2021.

DS Smith appoints Stephanie Dalton as Innovation Manager for its Recycling Division. Reporting to the Head of Strategic Development & Business Transformation, Stephanie will be responsible for developing recycling innovation projects across Europe.

Resolute Forest Products Inc. announces that Hugues Simon will join the company and be appointed as president of the wood products division as of March 1, 2021. His term will begin as of the date on which Remi G. Lalonde, currently Resolute's CFO, assumes the position of president and CEO. Mr. Simon will report to Mr. Lalonde.

WestRock, a leading provider of differentiated paper and packaging solutions, welcomes Brandi Colander to its executive leadership team as chief sustainability officer. Colander further strengthens WestRock's commitment to sustainability, both within the company and in the packaging solutions it provides its customers.