Recent Articles

The Board of Directors of BillerudKorsnäs AB has appointed the current Chairman of the Board, Lennart Holm, as acting CEO from November 5, 2019. Petra Einarsson leaves as CEO with immediate effect.

The truck failed to negotiate a corner just before the bridge, which carries traffic over the Androscoggin River. The rig straddled the guardrail and its load of sawdust spilled down an embankment.

Verso Corporation announced that Michael A. Weinhold has been named President of the company, reporting to Chief Executive Officer Adam St. John, effective immediately.

The building is expected to be completed in 2023.

Enviva broke ground on new marine export terminal in the Port of Pascagoula's Bayou Casotte Harbor, Mississippi. The ceremony marks the beginning of construction of the $90 million terminal.

The consideration for the transaction, following certain customary adjustments, was approximately $38.6 million.

Sappi Limited announced that all conditions precedent relating to the acquisition of the Matane high yield hardwood pulp mill in Quebec Canada from Rayonier Advanced Materials (RYAM) have been fulfilled and closing has been completed.

Louisiana-Pacific Corporation announced the appointment of Derek Doyle to vice president, controller and chief accounting officer effective immediately.

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 140 papermaking innovators and legends have been enshrined. This month, we profile Honghi Tran, who was inducted into the Hall of Fame in 2017.

The PM40 closed Friday, 15 November 2019, at 3250.

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

Reported insider trading since the last issue of PaperMoney.

The PM40 closed 15 November 2019 down 10.1% from the 16 November 2018 level.

In this issue of Disconnected Comparisons, we evaluate International Paper and Sonoco.

Södra is adding another shift at its facility for cross-laminated timber in Värö and doubling capacity.

SEK 50 million will be invested in a pilot facility in Umeå. Stora Enso, Sveaskog and Holmen are co-funding the project.

Quad did not immediately respond to a request for comment on the case.

Bulgaria has become the latest member to achieve PEFC endorsement of its national forest certification system. The PEFC General Assembly voted for the endorsement of the Bulgarian system in a postal ballot.

On Friday morning, Nov. 8, managers somberly gathered at the Tolko office in Kelowna to call 140 workers one by one to tell them the lumber mill will close forever Jan. 8.

The stoppages are expected to reduce production by 30,000 cubic metres.

Quad/Graphics, Inc. announced that it is a founding member of Forests in Focus, a sustainability initiative from GreenBlue, an environmental nonprofit dedicated to the sustainable use of materials in society, and the American Forest Foundation (AFF), a conservation organization that works with family landowners in the United States. Forests in Focus helps members identify family-owned forests as a source for sustainable wood fiber, the raw material used to make paper and packaging.

Southeastern Grocers Inc. (SEG), parent company and home of BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, in partnership with Kruger Products is proud to announce the donation of more than $70,000 in soft tissue that will help clean up the need for tissue products in food banks across the Southeast.

Sofidel is one of the first Italian companies to meet the requirements of the standard, which is designed to make supply chains more sustainable and increase quality through the implementation of suitable procurement policies.

Atos, a global leader in digital transformation, and Stora Enso have entered a global partnership to bring new automated retail solutions and services to the market.

Kruger announced that its Kruger Products' Gatineau Plant was recently certified ISO 50001 for Energy Management.

Valmet introduces a new web-based user interface for its Valmet DNA automation system.