Recent Articles

West Fraser says it will further reduce its SPF production by 30M to 40M board feet of production per week which represents between 45 and 60% of SPF production.

Since 1924, Fulton Systems, Inc. is a strategic manufacturer and supplier to the pulp and paper industry.

The #RollingItForward initiative came out of a shared desire to give back to the people who are working so tirelessly to help Canadians who have been impacted by the COVID-19 pandemic. It will begin in Montreal, before expanding to Toronto and Vancouver.

Valmet will supply a complete mill-wide Valmet DNA Distributed Control System (DCS) to JK Paper Limited for their upcoming board project at Fort Songadh Mill in India.

Valmet will supply the 300th Valmet Paper Lab automated board and paper testing laboratory to Papierfabrik Palm's (Palm) Aalen-Neukochen mill.

Kadant Solutions, a division of Kadant Inc., reached a milestone in nanotechnology-enhanced composite doctor blades sales. Since the launch a few years ago nanotechnology-enhanced blades represent Kadant's largest volume composite doctor blade type.

Sonoco announced it is increasing prices for all paperboard tubes and cores sold in the United States and Canada by a minimum of 8 percent, effective with shipments on and after Wednesday, May 13, 2020.

The new price on bleached softwood kraft pulp, $880 per tonne, is valid from May 1, 2020.

Greif, Inc. announced that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB), effective with shipments beginning May 18, 2020.

Huhtamaki has announced a donation of EUR 0.5 million in support of the International Federation of Red Cross and Red Crescent Societies' (IFRC) COVID-19 appeal. The funds will be channeled via Finnish Red Cross to go towards boosting emergency relief efforts in Asia and Europe and improving the lives of the world's most vulnerable.

Smurfit Kappa Group PLC said that it is no longer recommending a final dividend for 2019 due to the coronavirus pandemic.

Specifically, the Spanish business announced that it would manufacture and donate individual bedside tables for patients at IFEMA field hospital, to be handed over to the Regional Government.

Brazilian pulp and paper company Suzano SA is likely to conclude talks on a pulp price hike in China in the second half of April, its chief executive told journalists in a call on Tuesday.

Domtar Corporation announced that its Board of Directors has approved a change in the location of its 2020 Annual Meeting of Stockholders to a virtual-only stockholder meeting, to align with public health guidelines regarding the COVID-19 pandemic, including gathering and travel restrictions.

Veritiv Corporation announced that in response to continued public health precautions regarding in-person gatherings given the coronavirus (COVID-19) pandemic, and out of concern for the health and well-being of shareholders, company personnel, and the broader community, the Veritiv Corporation 2020 Annual Meeting of Shareholders to be held on Wednesday, April 29, 2020, at 9:00 a.m. Eastern Time will take place as a virtual meeting only, via live audio webcast. Shareholders will not be able to attend the Annual Meeting in person.

UPM Raflatac is taking a major step toward creating a circular economy by collaborating with SABIC, a global leader in the chemical industry, for the first polypropylene (PP) label film manufactured from post-consumer recycled (PCR) plastic on the market (on a mass balance basis). Now available globally, this label material uses SABIC's groundbreaking TRUCIRCLE™ solutions for certified circular PP products.

Kimberly-Clark Corporation announced that it will host its 2020 annual meeting of stockholders virtually due to the public health impact of the coronavirus outbreak (COVID-19) and to protect the health and well-being of our employees, stockholders, and our community.

Ahlstrom-Munksjö and Suominen have signed a multi-year commercial agreement that renews and strengthens the existing co-operation at Ahlstrom-Munksjö's Ställdalen plant in Sweden. The agreement secures supplies from Ställdalen to Suominen's customers for several years and will also considerably improve the companies' joint service to the customers.

Cascades announces that as a precautionary measure, it will hold its next annual general meeting in virtual form on Thursday, June 25, at 11 a.m. local time.

Reported insider trading since the last issue of PaperMoney.

Kokusai Pulp & Paper ("KPP") and SEQUANA SA have entered into an agreement, according to which KPP agreed to acquire 53,395,148 ordinary shares of Antalis SA held by Sequana, representing approximately 75.2% of Antalis' share capital and 82.5% of voting rights.

Columbia Pulp has stopped its pulp mill operations at Lyons Ferry because of a disruption in its supply chain and concerns about not being able to follow COVID-19 precautions, the company announced.

He was 58 years old.

Mondi is committed to playing its part to produce important supplies and components during the COVID-19 outbreak.

Neenah, Inc. announced that it had not closed on its agreement to acquire Vectorply Corporation on April 1 as originally contemplated. Neenah had agreed to acquire Vectorply from MSouth Equity Partners for $155 million in cash.