Recent Articles

Monadnock Paper Mills, Inc. announces the New Face of Premium Packaging with the release of its new portfolio of Monadnock Envi PC 100 Coated Performance Board.

Domtar has successfully completed a surveillance audit on the Wabigoon Forest for the new Forest Stewardship Council (FSC®) National Standard for Canada.

Rainy River First Nations members will be working to redevelop the idle pulp and paper mill in Fort Frances, through a new partnership with Riversedge Developments.

Metsä Group's innovation company Metsä Spring and Valmet have decided to continue the development collaboration related to 3D fibre products and hence, to invest jointly approximately EUR 20 million in a new R&D project.

FibDex® wound dressing - made from nanofibrillar cellulose by UPM Biomedicals - has taken a significant step in its path to market, as leading medical device distributor Steripolar Oy now sells the product in Finland.

Pixelle Specialty Solutions has introduced OmniLux™ Opaque, a new multipurpose opaque product line designed for web offset, sheetfed, digital toner, and inkjet presses. OmniLux™ features excellent opacity with a 96-bright blue-white shade for crisp, brilliant print image quality and is available in both Text and Cover Weights.

R. R. Donnelley & Sons Company (RRD) announced that its Board of Directors has approved an amendment of the Company's stockholder rights plan to extend the final expiration date under the Rights Plan to August 28, 2021. The Rights Plan had been scheduled to expire on August 28, 2020.

As pandemic-induced online shopping has boosted demand for boxes, DS Smith, a sustainable packaging leader, launched its Circular Design Principles, citing company research that shows better packaging design could save the industry $46 billion a year in logistics costs globally.

Smurfit Kappa Colombia has announced a new alliance with the World Wildlife Fund (WWF) Colombia to highlight the protection and conservation of forests in the country. Under the new partnership, both organisations will work together to restore, expand and protect forests and ecosystems that are the habitat of several species of flora and fauna.

Valmet will deliver a new bleach plant and upgrade of the batch cooking and fiberline to ITC's Bhadrachalam pulp mill in India.

Thanks to the efforts of SpektrTrading, the Belarus dealer for Komatsu forest machines, Komatsu Forest can deliver nine Komatsu 911 harvesters to companies at the Ministry of Forestry in Belarus.

The new system will be installed in the corrugated packaging plant of the mill which is undertaking modernization actions.

The clothing will be delivered for the start-up of the rebuilt BM 7, which is scheduled for the end of 2020.

BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF's global pigments business.

Stora Enso has appointed Annette Stube as EVP, Head of Sustainability and a member of the Group Leadership Team. She will start on 1 September 2020.

Reported insider trading since the last issue of PaperMoney.

Mill Rock Packaging Partners

Lancaster, Pa.-based Intellicor Communications purchased the assets of the former Cadmus operations in Lancaster, Pa., and in Hurlock, Md., from Cenveo Worldwide on Aug. 8 -- effectively marking the final chapter for the storied Cadmus Communications name in the printing industry.

The company will cease operations at the plant and let go of all 24 of the plant's employees on or around September 30.

Corner Brook Pulp and Paper Ltd. resumed operations on Monday following a week-long production shutdown for maintenance.

Several fire crews responded after a fire broke out at Roseburg Forest Products in Medford on Aug. 11 around 4:50 am.

Mohawk has used this time to review our strategic goals and future vision for the company. As we look to celebrate our 90-year anniversary in 2021, we will be going back to our roots to focus on what we do best: making the most enduring and beautiful papers in the world.

Verso says it has entered into an equipment purchase agreement with Halkali Kagit Karton Sanayi ve Tic. A.S., a company organized under the laws of Turkey, whereby Verso agreed to sell, and the purchaser agreed to purchase, certain equipment at Verso's Luke Mill, primarily including two paper machines.

Per the agreement, the Partnership will purchase approximately 17.4 million partnership units from International Paper for $250 million. As a result, Graphic Packaging's ownership interest in the Partnership will increase from approximately 81.1% to 85.5%.

In an earnings call with investors and industry analysts, Verso President and CEO Adam St. John didn't offer great hope that the company will resume production at its Duluth mill anytime soon, if ever.