Recent Articles

In today's retail landscape, gift cards are a popular staple of modern shopping experiences for busy consumers. However, this convenience comes at a considerable environmental cost. According to the International Card Manufacturers Association (ICMA), nearly 30 billion plastic cards are produced globally each year.

Mondi introduces ProVantage SmartKraft Brown and White, an innovative blend of fresh and recycled fibres, setting new standards in sustainability and performance.

Tetra Pak announces the launch of the Tetra Pak® Industrial Protein Mixer, a groundbreaking new product designed to reduce product loss in liquid protein mixing.

Georgia-Pacific is relaunching its ARIA® brand of bath tissue as a three-ply premium product made from 100% recycled fiber and wrapped in recyclable paper packaging.

Metsä Board, the leading European producer of premium fresh fibre paperboards, has once again, achieved the highest Platinum level in EcoVadis' sustainability assessment with a record score. The company has achieved the highest level rating every year since 2017.

On Tuesday, June 5, KBX Logistics/Georgia-Pacific surprised the Paper Transport (PTI) team with the prestigious 2023 CPG Dedicated Carrier of the Year award. Receiving the award for the 10th time in company history reflects the consistent capacity and superior service of PTI.

Mercer is spearheading the advancement of wood technology to redefine the North American construction landscape and is being recognized for its leadership and commitment to educating customers on the value of sustainably managed forests and promoting SFI certification in the supply chain.

Partnership to feature award-winning innovations, including Tork PeakServe Continuous Hand Towel System and Tork Vision Cleaning, helping arena reduce waste and increase efficiency.

LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced that it has been recognized for the third consecutive year as a winner of the Top Workplaces of Middle Tennessee Award by The Tennessean, the state's largest newspaper and a member of the USA Today Network.

Aligned with its ESG strategy, the report presents last year's progress on implementation of the 2030 Agenda.

Accelerates alternative fiber strategies with new ambition to be 100% Natural Forest Free across product portfolio beyond 2030.

Cascades is pleased to announce the creation of a mural on one of its Kingsey Falls factories on the occasion of its 60th founding anniversary in 2024. The work will be created this summer by the artist Nicolas Lareau, a muralist from Sherbrooke.

UFP Industries, Inc. has been named to the FORTUNE 500 list of the largest U.S. companies based on revenue for the third consecutive year.

The prestigious list recognizes the 500 largest corporations in the United States by total revenue for the 2023 fiscal year. WestRock rose to the top of its industry in 2022 and maintained its position in 2023 with $20.3 billion in annual revenue..

Stora Enso and Marimekko teamed up with the goal of updating Marimekko's gift packaging with a Nordic design solution and enhanced user experience eliminating unnecessary paper, ribbons or stickers while also protecting fragile products such as plates, vases, trays, and mugs.

Reported insider trading since the last issue of PaperMoney.

After 14 years as president and chief executive officer (CEO) of Tolko, and over 40 years with the company founded by his grandfather Harold, Brad Thorlakson has transitioned to the role of executive chair of the board. Further to Brad's transition, Pino Pucci has assumed the role of president and CEO.

Huhtamaki has decided to consolidate its three Flexible Packaging manufacturing sites in the United Arab Emirates, keeping one factory in Jebel Ali and expanding the one in Ras Al Khaimah. The transition will gradually take place during the second half of 2024.

Irving Pulp & Paper, Limited has submitted a preliminary application to undertake a major upgrade to Saint John's westside pulp mill, representing a new long-term capital improvement plan and a potential $1.1-billion investment.

UPM Communication Papers plans to permanently close its Hürth newsprint mill and to shut down one fine paper machine at Nordland Papier (PM 3) in Dörpen, both assets located in Germany.

Progroup takes over site of Sappi Stockstadt GMBH in Germany. The current plan is for a state-of-the-art plant for sustainable production of containerboard to be operating by the end of the decade, creating roughly 200 jobs.

Gov. Brian Kemp announced a company that makes baby diapers and other items will be investing $418 million to expand its footprint in Bibb County and create 600 new jobs.

Suzano SA, the world's largest producer of pulp, is in talks with banks including Mizuho Financial Group, Nomura Holdings Inc. and Mitsubishi UFJ Financial Group on the financing of a potential bid for US packaging giant International Paper Co., according to people familiar with the matter.

Paper Excellence Canada announced that it has reached a settlement with the Province of Nova Scotia, Canada, that acknowledges plans to transform and reopen Northern Pulp Nova Scotia in Pictou will not proceed and provides for a review process agreed between the Northern Pulp group and the Province of Nova Scotia that is aimed to determine whether a new, modern mill in Nova Scotia is viable. The agreement also provides for the settlement of outstanding litigation and loans between the two parties and fully addresses the pensions of former mill employees.

International Paper ("IP") announced that Jamie A. Beggs and Scott A. Tozier have been elected to IP's Board of Directors, effective May 21, 2024. The company also announced that Ilene S. Gordon has retired from the Board citing personal and health reasons, effective May 21, 2024.