Recent Articles

Demand for sustainable packaging continues to experience rapid growth. These co-creation projects are leading to recyclable, fibre-based breakthroughs that support packaging sustainability goals and fit with the aspirations of the upcoming EU Packaging and Packaging Waste Regulation.

Soilfood, a Nordic circular economy company, studies the utilisation of fibrous side streams from Metsä Board's mills and has identified a new use as raw material in animal bedding. Increasing the added value of secondary products made from side streams is a circular economy where raw materials are kept in use as long as possible.

Tork, an Essity brand and the global leader in professional hygiene, launched the findings of new global research on the public restroom experience.

LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced that the entirety of its LP®SmartSide®Trim & Siding product portfolio is now officially designated as carbon negative, reinforcing the product line's established reputation for resilience, performance and environmental responsibility.

International Paper (IP) reaffirms its dedication to conserving forest ecosystems, nature and biodiversity with a $15.3 million investment to renew strategic alliances with key conservation partners, including the American Forest Foundation (AFF), National Fish and Wildlife Foundation (NFWF), The Nature Conservancy (TNC) and World Wildlife Fund (WWF). These collaborations are pivotal to IP's business strategy and Vision 2030 goal to conserve and restore 1 million acres of ecologically significant forestland.

Rayonier Inc. has released its 2023 Sustainability Report, which highlights the actions the company is taking to enhance the long-term sustainability of its land resources as well as the long-term well-being of its investors, employees, communities, and other stakeholders. This report illustrates Rayonier's ongoing commitment to transparency around Environmental, Social, and Governance (ESG) factors and how they are incorporated into its strategic and operational decision-making.

UPM Raflatac, a global supplier of innovative and sustainable self-adhesive paper and film products, has recently earned APR Design® for Recyclability Recognition for its clear and white polypropylene (PP) labels with hotmelt, UPM Raflatac SmartCircleTM wash-off adhesive, and general-purpose acrylic adhesives.

Reported insider trading since the last issue of PaperMoney.

Shares held by B&C Group were acquired for EUR 230 million.

The Waldo modernization and expansion project is a $131 million strategic investment that is expected to increase the mill's annual capacity by 85 million board feet, improve recovery by 6%, and reduce cash processing costs by approximately 30%.

MM Kotkamills has built a new Sheeting Centre with two state-of-the-art sheet cutters and related automation. This investment of more than Euro 30 million for the further processing of cartonboard will strengthen MM Kotkamills' position as a supplier of cartonboard sheets in the European market.

Everett's packaging and laminating facility houses state-of-the-art assets, including a Bobst Masterflute, coupled with Bobst large format die cutting and gluing.

CFO Mike Cole to add new role, President of Corporate Services.

The facilities, which make a range of paper products, will close in 2025 and the manufacturing site of bathroom wipes at Kimberly-Clark will move to Germany.

Metsä Fibre, part of Metsä Group, has concluded the change negotiations on possible temporary layoffs at Joutseno pulp mill on 26 August 2024. The negotiations covered the entire workforce of the Joutseno pulp mill, a total of approximately 190 people.

Crews are investigating a three-alarm structure fire at Roseburg Forest Products in Medford, Monday, Aug. 26.

Iconex Labels is a leading provider of variable information label solutions, serving customers across e-commerce & shipping, foodservice, grocery & retail, pharmacy, and other end markets.

Sofidel is investing up to $250 million to grow the tissue paper mill.

A pile of cardboard is believed to have caught fire, according to a public alert put out about the fire.

The UPM Kaukas and UPM Kymi pulp mills in Finland will adjust their production temporarily to meet market conditions. The mills' production will be curtailed in accordance with the change negotiations held in March.

An employee at a Perry County pulp mill was burned severely Friday, Aug. 16, and airlifted for treatment to a Jackson hospital.

Pregis®, a leading global manufacturer of protective packaging, mailing and bagging, and flexible packaging solutions, has made significant investments in new production lines at its Bethel, Pennsylvania, and Reno, Nevada facilities to increase capacity for its Pregis EverTec™ Mailer portfolio, with a particular focus on the EverTec Non-Cushioned Mailer. This investment underscores the company's commitment to meeting the growing needs of ecommerce fulfillment and retail industries.

The respective participation processes with the employee representatives have been concluded. The number of positions affected is 338.

Metsä Group's Kerto LVL mill project is progressing as planned in Äänekoski, Finland, and the mill has reached its rooftop height.

Klabin continuously invests in fire prevention. To address this issue, the Company relies on a structure equipped with an advanced system for monitoring its forests, teams trained for the rapid containment of incidents, and the dissemination of information to raise awareness among the population about the risks and show that prevention is the best approach.