Recent Articles

Ahlstrom-Munksjö has been awarded with EcoVadis Gold rating for the company's sustainability management and performance for the fourth consecutive year. Compared with the results from the previous year, progress was especially made in sustainable procurement.

CatchMark Timber Trust, Inc. announced that its Triple T joint venture has amended its wood supply agreement with Georgia-Pacific WFS LLC intended to achieve market-based pricing on timber sales. CatchMark invests in 1.1 million acres of prime East Texas timberlands through Triple T and acts as the general partner of the venture on behalf of a consortium of institutional investors.

Smurfit Kappa has started up new recovery boiler at its Nettingsdorf kraftliner mill in Austria. The unveiling of the state-of-the-art boiler marks an important milestone in Smurfit Kappa's Future Energy Plant project, which was a Euro 134 million investment to increase the sustainability and efficiency of the leading kraftliner mill.

On June 24, the U.S.-based nonprofit Food System 6 (FS6) announces the launch of a comprehensive startup program in partnership with global sustainable food packaging leader Huhtamaki.

IDG's Insider Pro (https://www.idginsiderpro.com) and Computerworld (http://www.computerworld.com) announce International Paper as a 2020 Best Places to Work in IT, one of 100 top organizations that challenge their IT staffs while providing great benefits and compensation. Organizations will be included in coverage on IDGInsiderPro.com and Computerworld.com, along with results from the 2020 Best Places to Work in IT survey.

The American Forest Foundation (AFF) announced WestRock, a leading provider of differentiated paper and packaging solutions, through its WestRock Foundation, has committed to supporting family forest owners addressing climate change by investing in the development of the Family Forest Carbon Program (FFCP), a new program created by AFF and The Nature Conservancy (TNC).

UPM Plywood has introduced a new water repellent WISA-SpruceWR plywood that enables efficient and effortless construction even in changing weather and humidity conditions.

The comfortable masks are breathable and washable, and are made of high-quality fabric with anti-microbial and fluid repellent properties.

Kadant Solutions, a division of Kadant Inc., announced that Bilal Mehmood has been named president. Mr. Mehmood is currently Chief Technology Officer (CTO) for Kadant Inc. and will join Kadant Solutions Division in his new capacity on July 1, 2020.

Kadant Solutions, a division of Kadant Inc., announced that Bilal Mehmood has been named president. Mr. Mehmood is currently Chief Technology Officer (CTO) for Kadant Inc. and will join Kadant Solutions Division in his new capacity on July 1, 2020.

Peter Greven GmbH & Co. KG, a leading manufacturer of oleochemical additives, signed an exclusive distribution agreement with Solenis Switzerland GmbH, a leading manufacturer of specialty chemicals.

Cartiera di Ferrara selected Toscotec for a complete dryer section rebuild of its coreboard machine at Ferrara mill in Italy. The paper machine produces coreboard in the range of 220 to 620 gsm, processing 100% recycled paper.

Valmet will supply a new off-machine coating machine to Oji Papéis Especiais (OPE) in Piracicaba, Brazil. With the new off-machine coater PC4, OPE is seeking to increase thermal paper production capacity and strengthen its competitiveness globally, focusing on the Brazilian, South American and North American markets.

Valmet will supply Valmet Recovery Boiler Optimizer advanced process control (APC) solution to Asia Symbol (Shandong) Pulp and Paper in China.

Minerals Technologies Inc. announced that it has signed an agreement with Phoenix Paper LLC to re-establish a 35,000 ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Wickliffe, Kentucky.

Reported insider trading since the last issue of PaperMoney.

Closures and cutbacks

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

Paper Excellence Canada will be curtailing operations at its pulp mill in Mackenzie.

Clearwater Paper executives acknowledged Monday they don't expect a $160 million upgrade finished in 2017 at their Lewiston facility to save as much money as they anticipated.

Verso Corp. said Tuesday, June 9, that it expects to lay off about 1,000 employees, as it idles idles mills in Duluth, Minnesota and Wisconsin Rapids, Wisconsin this summer, given the accelerated decline in demand for graphic paper given the COVID-19 pandemic.

A small fire occurred Thursday afternoon, June 4, at Roseburg Forest Products in Coquille, Oregon.

Welch Packaging, a multi-site family-owned business concentrated in the Midwest, has acquired Excel Display and Packaging, a supplier of retail packaging, displays, and food packaging along with digital print capabilities located in Aurora, Illinois.

UFP Industries, Inc. announced that fire partially damaged its facility in Ashburn, Georgia, during the early morning hours of June 3, 2020.

The Board of Södra has appointed Lotta Lyrå as new President and CEO. She will take office this year and thereby replace CFO Peter Karlsson, who has been Interim President since 20 February this year.