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Displaying 101 - 125 of 18359 articles

Norske Skog launches containerboard production at Golbey mill in France

Norske Skog has reached an important and historic milestone with start of recycled containerboard production at the Golbey mill. The total investment of approximately EUR 400 million makes it the single largest investment in Norske Skog's history.

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Borregaard ASA: Tom Erik Foss-Jacobsen appointed CEO of Borregaard

Tom Erik Foss-Jacobsen has been appointed CEO of Borregaard ASA. He succeeds Per A. Sørlie, who will retire after 26 years in the position.

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International Paper to close five UK packaging sites; 300 jobs at risk

It has proposed closing five packaging sites in the UK following a strategic review of the region. It did not specify which locations are earmarked for closure.

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Stora Enso to sell 12.4 percent of Swedish forests for about $1 billion

Stora Enso has entered into an agreement to divest approximately 175,000 hectares of forest land, equivalent to 12.4% of its total forest land holdings in Sweden for an enterprise value of EUR 900 million, equivalent to SEK 9.8 billion or US$1.02 billion.

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Weyerhaeuser to Sell Princeton, B.C., Lumber Mill to Gorman Group

Agreement with local buyer includes manufacturing facility and associated timber licenses in British Columbia.

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Ahlstrom inaugurates new parchmentizer at its Saint-Séverin plant in France

This latest Euro 15 million investment in Saint-Séverin underscores Ahlstrom's enduring commitment to sustainable innovation.

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Rottneros cuts workforce by 26 positions

At the end of March, Rottneros announced a reduction corresponding to 47 positions. The notice applied to both Rottneros Mill and Group functions.

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Sofidel Wins Auction for Bankrupt Competitor Royal Paper

Sofidel raised acquisition bid from $126 million to $180 million; Kimberly-Clark named back-up bidder for Royal Paper assets

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Smurfit Westrock approves $150 million investment in Brazil operations

Smurfit Westrock--the packaging company formed through the merger of Ireland's Smurfit Kappa and U.S.-based Westrock--has approved a $150 million (about R$840 million) investment to expand and modernize its operations in Brazil. The investment, already cleared by the board, is expected to be implemented over a period of 18 to 22 months.

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Truvant to close one of its Wisconsin facilities, 74 employees impacted by layoffs

A packaging and labeling company in southwestern Wisconsin is preparing to shut down one of its facilities, citing shifting business conditions and resulting in layoffs affecting dozens of workers.

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International Paper Is on a Quest to Build a Better Cardboard Box

When a recruiter approached Andy Silvernail about joining International Paper to turn around the 127-year-old company, he initially said no.

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Kadant Black Clawson and Cascades Successfully Start Up Lightweight Recycled Containerboard Line

Kadant Black Clawson LLC, a subsidiary of Kadant Inc., successfully started up a new lightweight recycled containerboard line at Cascades' Bear Island facility in Ashland, Virginia.

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Graphic Packaging appoints new Board member Alessandro Maselli

Graphic Packaging Holding Company announced that Alessandro Maselli has joined its Board of Directors. Mr. Maselli is currently President and Chief Executive Officer of Catalent Pharma Solutions and a member of its Board.

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Lenzing Names Georg Kasperkovitz as COO

Kasperkovitz has more than 15 years of experience in various management functions in Europe, North America and Asia, which represent the group's most important production regions and markets.

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We are not keeping up
We are not keeping up

Having started working in industry in 1970, I would say the industry of those days was more closely related to the inventions of the Fourdrinier brothers than it is to the industry of today. Nearly all computerization and electronics of today have been invented or perfected since 1970. This is true from the most mundane tasks through the most sophisticated operations to the headquarters functions.

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PM40

The PM40 closed Friday, 30 May 2025, at 5141.

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

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RearView

The PM40 closed 30 May 2025 down 10.6% from the 31 May 2024 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Greif and Mercer International.

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Kimberly-Clark to Transfer U.S. Stock Exchange Listing to Nasdaq

Kimberly-Clark expects that its common stock will cease trading on the NYSE at market close on Thursday, May 29, 2025, and will commence trading on Nasdaq on Friday, May 30, 2025.

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Cascades Announces Proposed Private Offering of US$400 Million Senior Notes due 2030

The Company intends to use the proceeds from the offering to redeem all of its outstanding US$206 million aggregate principal amount of 5.125% Senior Notes due January 15, 2026, to repay a portion of the borrowings outstanding under its revolving credit facility and to pay related transaction fees and expenses.

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Lenzing AG successfully signs syndicated loan of EUR 545 million

Financing reflects strong confidence from the banking market.

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Kadant Carmanah Design partners with Hexion Inc.

Kadant Carmanah Design announced it is entering into a collaborative partnership with Hexion Inc., a global leader of adhesives and performance materials solutions that uses artificial intelligence to improve the manufacturing process of wood panels.

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Valmet to deliver furnace upgrade to Shotton Mill Limited in the UK

The furnace upgrade will be delivered by the end of 2025.

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Hamburger Containerboard invests in long-term plant development in Dunaújvaros, Hungary

The installations are scheduled to take place during the mill's annual shutdown in autumn 2025.

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Raumaster Paper delivered automated bale handling system to Metsä Group's Kemi board mill

The pulp mill and automated loading system enhance the mill's production and make operations safer.

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Displaying 101 - 125 of 18359 articles

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