Recent Articles

Packaging Corporation of America (PKG) said both paper machines and a majority of the converting operations at the Jackson, Alabama mill would continue to be temporarily idled during the months of July and August.

A difficult equipment fire has been extinguished at the Resolute Forest Products Saw Mill, which threatened a nearby wood supply.

Mondi has successfully completed the implementation of a new state-of-the-art paper sack converting machine at its Nyíregyháza site in Hungary.

This innovative truck was built by the Forestry Unit, which brought the technology from Australia and, in partnership with a specialist company, deployed it in the company's truck, adapting it to the area's daily routine. Initially, the truck will operate together with the traditional fleet but in the test phase.

Georgia-Pacific announced Wednesday that 100 hourly employees will be laid off as the mill temporarily ceases operations for a second time this year.

Georgia-Pacific's mill in Perry will be laying off 150 employees, the company confirmed, citing reduced product demand during the COVID-19 pandemic.

Conifex Timber Inc. announced that at its annual general and special meeting of shareholders held on June 22, 2020, all management nominees were elected as directors of the company.

Prerequisites for the Euro 1.5 billion investment decision are estimated to be fulfilled in the autumn of 2020 after the environmental permit process is completed.

Norske Skog will take a major step in its continued transformation towards a growing and high-margin business by converting two newsprint paper machines into renewable containerboard production. The conversions at Golbey and Bruck will introduce 765,000 tonnes of competitive containerboard capacity to meet the growing demand for renewable packaging.

Canfor Corporation announced that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital.

PotlatchDeltic Corporation announced an agreement to sell approximately 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million in cash. The transaction is subject to customary closing conditions and is expected to close in the second half of 2020.

J.D. Irving Ltd. says work will get under way next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

BillerudKorsnäs intends to implement a simplified organizational structure as of August 1, 2020. The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development.

A fire at the WestRock facility in Mooresville on June 12 was controlled by the fire sprinkler system, limiting damage to a single piece of production equipment and raw cardboard material near the fire's location, Fire Marshal Geoff Woolard reported in a news release. Still, the damage could be up to $2 million.

Workers at the Sonoco paper mill in Quinte West spent their last day on the job June 12 after the company decided earlier this year to shutter the mill and focus operations in South Carolina

City firefighters were responding Sunday, June 14, to a report of a fire at a water-front, commercial property in Travis.

Green Bay police are saying little about an industrial accident that killed a 52-year-old man at Green Bay Packaging on June 12.

Conifex Timber Inc. announced that at its annual general and special meeting of shareholders held on June 22, 2020, all management nominees were elected as directors of the company.

Two coronavirus cases have been confirmed at International Paper in Vanceboro, the company says.

Riversedge Developments has hired an international appraisal and auction company to sell the machinery and equipment at the Fort Frances paper mill.

Enviva Partners, LP announced that it has agreed to purchase a wood pellet production plant in Waycross, Georgia with associated export terminal capacity in Savannah, Georgia (the "Georgia Biomass Acquisition") from innogy SE and also has agreed to purchase the wood pellet production plant in Greenwood, South Carolina owned by our sponsor (the "Greenwood Acquisition" and, together, the "Acquisitions").

The Södra Foundation for Research, Development and Education has decided to grant an additional SEK 6.8 million to 13 research projects linked to forestry and the forest industry.

Canfor resumes operations at its Houston Sawmillfor four days a week. The schedule has been the same since Canfor announced curtailments in August.

When a major event has happened in the past, we have often taken a small, collective pause and then resumed our normal activities. We are in a major event like no other. If you wait for things to return to normal, you will likely go out of business. This is the new normal. We are going to adopt practices and do things differently than we have before and these changes will be permanent.

The PM40 closed Friday, 3 July 2020, at 2753.

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