Recent Articles

The Lenzing Group initiated a project in Albania designed to promote sustainable forestry and improve local living conditions.

Domtar Corporation congratulates three of its board members, Giannella Alvarez, Mary A. Winston and Pamela B. Strobel, on being named to WomenInc. Magazine's list of 2019 Most Influential Corporate Directors.

Metsä Board, part of Metsä Group, is participating in a joint project called SEED, led by VTT Technical Research Centre of Finland, in which forest companies are developing new digital solutions together with companies in the ICT industry.

Sonoco has been selected as one of America's Most Responsible Companies 2020 by Newsweek.

Valmet launches a completely redesigned Valmet Microwave Consistency Measurement - Valmet MCA (patent pending) for pulp and paper makers.

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Omnova by Synthomer, both manufacturers of specialty chemicals.

BASF has closed the previously announced transaction to divest its ultrafiltration membrane business to DuPont Safety & Construction (DuPont).

Valmet and Fabio Perini have established an Industrial Internet ecosystem partnership to strengthen collaboration in the tissue industry.

Valmet will supply an Advantage DCT100HS tissue production line, including a de-inking plant and an extensive automation package, to Alas Doradas in El Salvador.

We are updating this list as these happen in the pulp, paper and forest products industry

Reported insider trading since the last issue of PaperMoney.

Northern Pulp Nova Scotia Corporation announced this week that it has begun the wind-down of its mill operations in a safe and environmentally sound way in order to meet its Jan. 31 deadline imposed by the government.

Universal Forest Products, Inc. announced it has completed the reorganization of its operations and is now operating as UFP Industries, a change announced in August 2019.

Sonoco announced it has completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. for $187 million in cash.

If the private equity firms win the election next month, it will likely pave the way for a merger of Verso and Twin Rivers and derail the $400 million sale of Verso mills in Jay and Stevens Point, Wisconsin, to specialty paper company Pixelle Specialty Solutions, the board warned.

The mill is planning to reopen sometime in January, Rob Baron, a president and the chief executive officer of Marcal Paper said in a statement on Monday. He did not provide a specific opening date, but said a merger with Pennsylvania-based Nittany Paper made the reopening possible.

ND Paper Inc. is already investing up to $189 million in a paper mill near Wisconsin Rapids, which is the state's largest economic development deal for 2019, according to the WEDC. But an affiliate of the company called Badger Solutions LLC may also make a large investment in southeast Wisconsin.

The International Paper facility in the Springhill-Cullen area is up and running again Tuesday, Dec. 24 after a small fire.

The three sawmills, with combined production capacity of 550 million board feet, are located in Cross City (Florida), and Glenwood and El Dorado (Arkansas).

The transaction is planned to be completed in the first quarter of 2020.

A contractor has died following an industrial accident at Graphic Packaging in West Monroe on Wednesday, Dec. 18.

Suzano announced investments of R$933.4 million in three projects in Espírito Santo state. The company's plans include the construction of a tissue paper conversion unit, retrofit work in the unit located in Aracruz, as well as expansion of Suzano's forest base in the state.

The former professional hockey player from Grand Rapids who was badly injured while on the job at UPM Blandin, a Grand Rapids paper mill, died Tuesday morning, Dec. 17.

Summerville Fire and Rescue responded to a kiln fire at WestRock Packaging Solutions on Tuesday, Dec. 17.

Columbia Falls firefighters responded fire at the Weyerhaeuser medium-density fiberboard (MDF) plant on line two at about 4 a.m. on Sunday, Dec. 15.