Recent Articles

Due to the significant increase in raw material costs, especially driven by pulp, alongside other manufacturing costs related to the recent supply chain constraints in the Red Sea, Lecta announces an unavoidable price increase on its specialty papers ranges of 8 to 10%.

This increase is necessary to maintain the viability of Sappi's business, the actual amount will depend on the product.

This is the first time a customer has opted to use high-quality microwave only, rather than a combination of different measurement technologies, throughout an entire facility.

Doosan Škoda Power has successfully commissioned a state-of-the-art 270 MW steam turbine at Metsä Fibre Kemi bioproduct mill in Finland. The mill in Kemi is an advanced bioproduct mill that utilizes cutting-edge technology to produce high-quality pulp from sustainably sourced wood.

Valmet will supply a partial bioconversion for PT. Cikarang Listrindo Tbk's coal-fired circulating fluidized bed (CFB) boiler in Babelan, Indonesia.

Valmet's board of directors has appointed Thomas Hinnerskov president and CEO of Valmet, and he will start in the position during the second half of the year. Hinnerskov succeeds Pasi Laine, who will continue as the president and CEO of Valmet until his successor starts.

Andritz has received an order from Moorim P&P, South Korea, to upgrade an evaporation plant at its Ulsan mill, which produces bleached kraft pulp and different types of high-quality paper.

The measurements will be delivered during the Q4 2024.

Suzano has signed an agreement with Japan's Mitsui & Co, focusing on the development of new bioeconomy businesses based on the potential of sustainable biomass.

The Supreme Administrative Court of Finland dismissed the appeal made against the environmental permit package for Metsä Group's Kemi bioproduct mill, as well as the appeal regarding the decision on the environmental permit package issued by the Vaasa Administrative Court on November 14, 2022.

The first-to-market solution provides a more sustainable package without compromise on performance.

Rottneros introduces our brand; Spring by Rottneros - the same high-quality CTMP pulp as before but now with its own name. In connection with the brand introduction, the article structure is also simplified to harmonize with the usual way of classifying different CTMP qualities on the market.

These leases increase Rayonier's total acres under pore space lease agreements with ExxonMobil to approximately 59,000 acres.

Mondi, a global leader in packaging and paper, has improved the circularity of material flows in two release liner production sites in Germany and the Netherlands. 95 % of the production waste is now used as secondary raw material for other industries, thanks to its strategic partnerships.

Sonae Arauco has set itself the task of actively contributing to the sustainable transformation of the construction industry. The latest measure is a Wind Power Purchase Agreement (PPA) concluded for Germany with ENGIE, which comes into force on April 1.

A Florida couple, Noel and Kelsy Hernandez Quintana, has been sentenced to nearly five years in prison each for their role in a scheme to evade approximately $42 million in duties by disguising the Chinese origin of plywood imports worth between $25 million and $65 million.

Mondi is increasing production of paper-based EcoWicketBags at its plant in Szada (Hungary), leveraging the Group's integrated value chain, from in-house paper production to coating and converting.

Last spring, the board of the Rottneros Group decided to invest 93 MSEK in a solar park and energy storage.

Södra and the construction company SSEA will build 12 apartments in Malmö in a new pilot project in sustainable construction. The project, which is carried out on behalf of MKB Fastighets AB, aims to halve the climate impact by, among other things, using cross-glued wood.

Industrial waste heat from a local paper plant is being used to keep Ottawa-area buildings warm.

Reported insider trading since the last issue of PaperMoney.

Interfor announced that it will indefinitely curtail its sawmill operations in Philomath, Oregon. This curtailment is in response to persistent high log costs in the region and ongoing weak lumber market conditions.

Metsä Group's tissue and greaseproof paper business is investing in three new state-of-the-art converting lines for folded and rolled tissue paper to its mill in Mariestad, Sweden. The investment will enable large scale high quality hand towel production in Scandinavia. In addition it entails efficiency and energy savings as well as improved working environment and safety.

Members at more than four dozen WestRock locations across 24 states voted in December to ratify a new four-year master agreement covering more than 5,500 USW members.

Antalis continues to expand internationally and has signed a binding agreement to acquire Pakella, a leading player in the distribution and manufacture of industrial and food packaging in Latvia, Lithuania and Estonia. Pakella is a leading packaging distributor in Baltic countries with a Euro15 million turnover in 2023 and 60 employees.