Recent Articles

Annual report showcases significant strides toward 2K30 sustainability goals, underlining an unwavering commitment to the Pregis Purpose.

Sustainability is core to DS Smith's purpose of redefining packaging for a changing world.

Volpak, a Coesia company, specialized in horizontal form-fill-seal solutions for the packaging industry, and Lecta, a premier European manufacturer and distributor of specialty papers, have embarked on a collaborative project aimed at testing and validating sustainable materials for packaging applications.

In honor of National Forest Week, International Paper (IP) and longtime partner National Fish and Wildlife Foundation (NFWF) celebrate the collaboration between public and private partners that are essential to supporting robust forests and wildlife throughout the Southeast.

Ahlstrom is leading the marketplace towards more sustainable, fluoro-free solutions for fiber-based solutions. Today, Ahlstrom extends its innovative fluoro-free technologies into a wide range of industrial air filtration applications to support filter manufacturers in creating products with long-lasting filtration performance without the use of fluorochemicals.

Reported insider trading since the last issue of PaperMoney.

Gunnar Eberhardt has been appointed Executive Vice President, UPM Communication Papers. He will be a member of UPM's Group Executive Team and report to Massimo Reynaudo, President and CEO. He will start in his role in October 2024.

Most recently, Jackson was Executive Vice President, Operations for the Novolex Food & Delivery segment.

Konraad Dullaert has been appointed Executive Vice President for Food and Consumer Packaging division and Chief Innovation Officer effective June 19, 2024. He continues as a member of the Executive Management Team. He succeeds Mark Ushpol, who will pursue his career outside Ahlstrom, as previously announced.

Billerud announced that Kevin Kuznicki, President, Billerud North America and member of the Group Management Team, is leaving the company to pursue other ventures, effective 14 June 2024.

On June 13, 2024, Sealed Air and Jannick Thomsen, Vice President and Chief People & Digital Officer of the Company, mutually agreed that Mr. Thomsen will be stepping down from his current position as an executive officer, effective June 17, 2024, and continue to serve in an advisory role through July 15, 2024.

According to Klabin, the money will go towards the installation of a new recovery boiler with "cutting-edge technology."

Shares in the new entity, Smurfit WestRock, will begin trading on the New York Stock Exchange on Monday and will immediately join key US stock indices, including the S&P 500, the most widely-followed equities index in the world. The company will also retain a secondary listing in London.

McKinley Paper Company plans to lay off 193 employees at its Port Angeles location on Aug. 25.

Brazilian pulpmaker Suzano said it has terminated talks to buy International Paper, adding the U.S.-based firm did not engage with the highest price it was willing to pay.

Ennis, Inc. is pleased to announce its acquisition of Printing Technologies, Inc. (PTI) located in Indianapolis, IN. Founded in 1994, PTI is a leading manufacturer of innovative media solutions used in all types of Printing Technologies including direct thermal, thermal transfer, ink jet, dot matrix and laser.

A fire broke out at a South Macon paper mill Tuesday evening, June 25, after a tractor malfunctioned and caught on fire, according to Macon-Bibb County Fire Department's lead fire investigator Capt. Kyle Murray.

Unifor announces the conclusion of a historic agreement in principle between the employees at the Kruger facility in Trois-Rivières and the company's management, putting an end to the strike that began on May 30, 2024.

The transaction is expected to close in the second half of calendar 2024 and is subject to approval by Glatfelter shareholders and completion of the remaining customary closing conditions.

The Italian paper and packaging company Fedrigoni said it has acquired a majority stake in the Chinese company BoingTech, one of the major RFID (radio frequency identification) inlay and tag manufacturers worldwide with operations in China and Malaysia.

Södra is now establishing a new business to become a world leader in the production of kraft lignin. Södra's production facility will be the first commercial facility in Sweden and the largest of its kind in the world. This is an investment of over SEK 2 billion and expected to be in operation in 2027.

On Tuesday, DS Smith and International Paper announced that the waiting period under the Hart-Scott-Rodino Act has expired.

The U.S. packaging firm expects to achieve more than $100 million in synergies from the integration of Eviosys with Sonoco's complementary metal can business.

The Corner Brook paper mill was temporarily shut down in early April, after the provincial government issued an order under the Public Safety Act. Operations resumed later that month.

Sonae Arauco, one of the world's most relevant companies for engineered wood solutions, has transformed its first plant in Germany, the Nettgau site, into a digital plant, a format that provides an extensive and relevant set of data in real-time to support decision-making.