Recent Articles

Conifex Timber Inc. announced that it has completed a $25 million secured term loan with PenderFund Capital Management Ltd. ("Pender"), an independent investment firm located in Vancouver, British Columbia, Canada. A portion of the term loan was utilized to repay and retire Conifex's existing lumber segment credit facility with Wells Fargo Capital Finance Corporation Canada in the amount of approximately $11 million. The balance of the term loan will be available for working capital and general corporate purposes.

According to GEF, the tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material contained in those products.

This price action is necessary to offset increased input costs, the company insists.

Sonoco-Alcore S.a.r.l. announced today that due to continued inflationary pressure on the business, it will raise prices by 7% on all tube and core grades sold in the company's EMEA regions. The increase is in direct response to the continued escalation of its cost base and will be effective for all shipments made on or after 15th June, 2024.

Greif, Inc., a world leader in industrial packaging products and services, announced it is implementing a $50 to $70 per short ton increase for all grades of uncoated recycled paperboard (URB) products.

Following the announcement of 25th March 2024, Sonoco announced it is implementing a further price increase as input costs have continued to rise beyond our initial estimation.

Valmet estimates that net sales in 2024 will remain at the previous year's level in comparison with 2023 (EUR 5,532 million) and Comparable EBITA in 2024 will increase in comparison with 2023 (EUR 619 million).

Strategic acquisition provides enhanced quality and sustainability for food and beverage and institutional customers.

The project is scheduled to be completed by the end of 2024.

Runtech delivers a ropeless tail threading systems to Munksjo Caieiras Ltda, Brazil. The delivery includes Runshooter technology with detailed engineering and startup support. With the upgrade Caieiras targets more fluent and faster tail threading and improved operator safety.

Solenis, a leading global producer of specialty chemicals, announced it has acquired Aqua ChemPacs, LLC, on June 10, 2024.

Valmet has secured a contract to provide a 50 MW pellet-fired heating plant to Göteborg Energi AB, which will be located at Mölndal Energi's Riskulla site in Mölndal, Sweden. The plant, set to start operations in late 2026, will enhance the renewable energy capacity in the region​​.

Kemira upgrades its outlook for 2024, particularly for operative EBITDA. Kemira's end-markets have continued to recover, and Kemira's strong performance in both segments has continued.

Italian recycled cardboard manufacturer chooses ABB's L&W Autoline for automated paper testing.

Andritz has acquired the Finnish company Procemex, the global leader in integrated web monitoring and web inspection solutions for the pulp and paper industry. The acquisition further strengthens Andritz's automation and digitalization portfolio.

The delivery is scheduled for the Q2 2024.

Visy Pulp and Paper Pty Ltd must pay more than $200,000 after untreated wastewater from their Tumut paper mill polluted local creeks in October 2022.

Metsä Group and the technology company Andritz will investigate the possibility of building a carbon capture facility in connection with the bioproduct mill. The work focuses on the capture of 4 million tonnes of carbon dioxide from a mill the size of the Kemi bioproduct mill. The Kemi mill is the largest wood-processing mill in the northern hemisphere.

PaperWorks Industries Inc., formerly Boehmer Box, is thrilled to announce the celebration of its 150th Anniversary on Saturday, June 22, from 10 AM to 2 PM at 120 Trillium Drive. This milestone event will honour the company's rich history and significant impact on the Kitchener-Waterloo region.

Texas-based solar project propels WestRock's pursuit of its science-based targets to reduce greenhouse gas emissions.

After a three-year battle in court, lawyers for New-Indy Catawba LLC; parent company New-Indy Containerboard LLC and roughly 6,000 plaintiffs have reached settlement agreements of about $103 million.

Ingevity Corporation has published its seventh annual Sustainability Report highlighting the advancement of environmental, social and governance sustainability initiatives and commitment to innovating products that assist customers and end users with reducing ecological impact.

The UN SDGs provide the global community with a roadmap on how to combat challenges related to economic, social, and environmental sustainability.

Södra's Frontwood® has been chosen for parts of the interior design in Construction City to create a unique and harmonious impression. The ongoing construction of Construction City, a 100,000 square meter office building, are expected to be completed by 2025.

The video campaign showcases Sappi's dedication to responsible forestry management using recyclable wood fiber..