Recent Articles

Stora Enso plans to consolidate the Finnish spruce (whitewood) production to Varkaus sawmill. The plan includes a permanent closure of Kitee sawmill and production increase to Varkaus.

IT Tech Packaging, Inc. announced that Hebei Baoding Dongfang Paper Milling Company Limited, the major operating entity of the Company, has entered into an acquisition Agreement with Hebei Tengsheng Paper Co. Ltd., pursuant to which Dongfang Paper shall acquire 100% equity interests in Tengsheng Paper and all right, title and interest in and to all assets owned by Tengsheng Paper.

Cascades has won the auction to acquire certain of the assets of Orchids Paper Products in proceedings before the United States Bankruptcy Court for the District of Delaware.

This is due to a significant deterioration in market conditions, in combination with fibre supply constraints and higher fibre costs resulting from recent sawmill curtailments across the BC industry.

Vancouver-based Columbia Ventures Corporation has acquired the assets of the shuttered paper mill in West Linn, Ore., entered into a five-year lease to rent the property, and plans to restart operations.

The purchase price is approximately $39 million plus the market value of finished lumber and log inventory at closing.

Stora Enso Oyj is working to shield profits from chillier trade winds blowing in the global economy, according to Chief Executive Officer Karl-Henrik Sundstrom.

Amcor plc announces it has entered into a binding agreement with Kohlberg & Company, for the sale of three former Bemis plants located in the United Kingdom and Ireland for cash consideration of USD 394 million(€347 million).

BillerudKorsnäs sells 89.9% of Bergvik Skog Öst AB for a price corresponding to an enterprise value of SEK 12.2 billion on a debt free basis.

Biopappel, the largest manufacturer of paper and paper products in Mexico, said that through McKinley Paper Company, its US subsidiary, it acquired 55 percent of the company US Corrugated , Inc and subsidiaries.

Two firefighters had to be rushed to hospital after working to put out a blaze at Port Hawkesbury Paper in Point Tupper, N.S.

More than 400 contractors, as well as newly-hired ND Paper employees, are working hard, testing and retesting equipment and machines to ensure the mill can safely be reopened.

West Fraser announced their intention to permanently close the Chasm lumber mill and eliminate the third shift from its 100 Mile House lumber mill on June 17.

Biopappel, the largest manufacturer of paper and paper products in Mexico, said that through McKinley Paper Company, its US subsidiary, it acquired 55 percent of the company US Corrugated , Inc and subsidiaries.

A logger was injured in a logging accident Tuesday (16 June) on private timberland east of Eugene.

An Amsterdam-based printing company is cutting 88 jobs in Queensbury and an Atlanta-based packaging company is cutting 57 jobs in Amsterdam, state regulatory notices indicate.

Biopappel, the largest manufacturer of paper and paper products in Mexico, said that through McKinley Paper Company, its US subsidiary, it acquired 55 percent of the company US Corrugated , Inc and subsidiaries.

The funding was awarded to projects including process development in the pulp industry, recycling textiles and controlling pulpwood flows.

The purchase price is approximately SEK 260 million (€24.2m) on a debt-free basis.

Rayonier Advanced Materials announced that it is repositioning key members of its senior management team to drive the company's Go-to-Market strategy and accelerate new product commercialization.

This innovation may affect paper and paperboard in the future.

This innovation may affect paper and paperboard in the future.

The PM40 closed Friday, 28 June 2019, at 3277.

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.