Recent Articles

Sappi Dissolving Pulp has partnered with Birla Cellulose, one of the leading viscose manufacturers in the textile value chain, to provide a forest-to-garment traceability solution for brand owners.

Mars, Incorporated has announced it will incorporate recycled polypropylene plastic into the primary packaging for some of its popular pet food brands. For Mars, this marks an important step in its efforts to reduce virgin plastics use across its packaging portfolio, to do its part to build a circular economy where no packaging becomes waste.

Reported insider trading since the last issue of PaperMoney.

Pixelle Specialty Solutions announced Wednesday, Oct. 28, it would reduce its workforce by 67 more employees in connection with an April 15 explosion of a pulp digester, Androscoggin Mill Manager Eric Hanson said in a news release.

U.S. Senator Tammy Baldwin (D-Wisconsin) has sent a letter to the Verso Corporation Board of Directors to either run the mill or sell it, for the sake of their employees.

The Kalispel Tribe's opening offer to purchase the recently shuttered Ponderay Newsprint Co. mill in Usk was turned down this month, leaving the fate of the bankrupt facility in Pend Oreille County uncertain.

Cabinet Secretary Alicia J. Keyes announced that a long-time paper mill in McKinley County will receive economic assistance from the state so it can install new equipment and remain in business for the next decade, retaining at least 125 well-paying jobs.

ND Paper, a leading North American producer of pulp, paper, and paper-based packaging, is implementing a series of transformations at its Rumford Division to further expand into packaging grades.

ePost Global LLC, a tech-enabled global shipping solutions provider, announced it entered into a definitive agreement to acquire the International Mail and Parcel Logistics Business ("International Logistics") from R.R. Donnelley & Sons Company (RRD). ePost Global will continue to provide cost-effective, global delivery solutions to its clients.

CMPC, through its subsidiary CMPC Celulose Riograndense Ltda., entered into a purchase agreement with Florestas do Sul Agroflorestal Ltda. in relation to the equity interest issued by a newly incorporated subsidiary of Florestas do Sul Agroflorestal Ltda. that will own all the timber assets currently owned by Florestas do Sul Agroflorestal Ltda.

Klabin acquired the units producing corrugated board and paper for packaging from International Paper in Brazil in March.

VPK Group came to an agreement with COPI Holding to buy Encase Ltd, manufacturer and designer of corrugated cardboard packaging. Encase Ltd operates two integrated corrugated packaging plants in England and one sheet plant in Scotland. It is VPK's intention to merge Encase with its UK corrugated operations, formerly known as Rigid.

After months of exploring possibilities, Verso Corp. announced Wednesday it would slow down its effort to find a buyer for the Wisconsin Rapids mill.

CREEL has completed the acquisition of the offset printing operations in Las Vegas known as Creel Printing from LSC Communications. The acquisition returns control of the offset business to the Creel family who founded it in the 1950s.

Hygiene and health company Essity divests its 49% stake in Sancella Tunisia to the other owner Sotupa. Sancella Tunisia offers a range of Essity's products and brands in Tunisia, Algeria, Morocco, and Libya. Essity will retain a presence on these markets through license and distribution agreements.

Boise Cascade Company has issued a WARN Act notice to its Elgin, Oregon employees. The Company issued the notice in order to ensure that all employees are aware it is possible the mill will have to reduce production levels beginning on or about January 1, 2021. /span>

The Pixelle paper mill in Chillicothe, Ohio was briefly on fire Monday evening, Oct. 19. /span>

The continuing decline in orders in recent years in addition to enormous maintenance and operating costs of a machine that is almost 100 years old made it impossible to maintain production economically.

PaperWorks--Komori America announced that PaperWorks, a leading full-service provider of 100% recycled paperboard and specialized folding cartons for packaging applications, has installed a fully-equipped, 41-inch, seven-color Lithrone GX40 (GLX740) offset press with multiple coaters at its Greensboro, North Carolina facility to enhance capabilities and capacity. /span>

Iggesund Sawmill is being modernised to allow for an increase in production. Holmen is currently investing SEK 70 million in a new drying plant which will increase its drying capacity from 400 000 to 500 000 m3.

Peter Secchia -- a West Michigan businessman, Michigan State University donor and longtime figure in Republican politics -- died Wednesday at the age of 83, his wife, Joan Secchia, confirmed in a statement.

UPM will establish a new labor markets team which will start its activities in the beginning of December.

What happens today is going to have a profound effect on the pulp and paper industry. That is said without tipping my hand one way or another.

The PM40 closed Friday, 30 October 2020, at 2962.

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

The PM40 closed 30 October 2020 down 5.6% from the 1 November 2019 level.