Recent Articles

Sappi Europe announces that it has cut the carbon footprint of its Galerie paper range by 55%, which is projected to reach 70% by the end of 2024.

I'm writing this from a consumer perspective. Softness and absorbency matters.

Reported insider trading since the last issue of PaperMoney.

The Michigan Strategic Fund board on Tuesday voted to rescind $29.4 million in tax incentives for a $1.06 billion transformation of an Upper Peninsula paper mill after the facility's Swedish owner canceled the project earlier this year.

Firefighters with the Medford Fire Department put out a small fire that sparked at Roseburg Forest Products Tuesday evening, July 9.

The 270,000 square-foot space will be used for increased manufacturing capabilities and streamlined operations. The facility will feature cutting-edge equipment, including a 6-color plus 1-color inside RDC, a litho laminator, and a specialty folder gluer.

One firefighter was taken to the hospital with heat-related injuries, emergency management said.

History fortunately did not repeat itself Friday, July 5, when a fire broke out at Marcal Paper as an afternoon blaze was extinguished with no injuries.

UPM has signed an agreement on the sale of its 50% stake in the recovered paper sorting plant ASD Altpapier Sortierung Dachau GmbH in Germany, ("ASD") to ROWE GmbH, a company specialized in services, processing and logistics in the field of recovered paper.

Agreement emphasizes Hood Container Corporation's continued focus on corrugated packaging operations and includes all Independent II's corrugated, design, and manufacturing operations in Louisville, Kentucky.

The combined firm, Smurfit WestRock PLC, will have standard London listing, surrendering FTSE 100 status.

Irving Pulp and Paper, a subsidiary of J.D. Irving, Ltd., offered one of its first chances for the public to learn about the proposed $1.1B expansion Thursday at the Lancaster legion branch.

KP Tissue Inc.which has a limited equity interest in Kruger Products Inc., is pleased to announce that the 482 unionized employees at its Crabtree plant and Joliette warehouse have ratified a new five-year collective agreement.

Ansell Limited, a global leader in protection solutions, announced it had successfully completed the acquisition of Kimberly-Clark's Personal Protective Equipment (KCPPE) business.

In a statement, Lenzing said its CEO Stephan Sielaff would not be renewing his contract with the company's management board, "by mutual agreement" with its supervisory board.

She is the first woman in the history of Saica as the head of the company.

Metsä Board has announced that the renewed folding boxboard machine installation at its Simpele mill in Finland will take place in late 2025.

Mayr-Melnhof Holz invests in a fully automated modern high-frequency press for the production of glulam standard components at its Olsberg site in Germany.

Stora Enso's EUR 1 billion investment in its Oulu mill in Finland is being financed, in part, by a new long-term bilateral loan.

Ingevity said it has ended its crude tall oil supply agreement with Georgia-Pacific as part of a review to restructure its performance chemicals business.

Mats Nordlander, Head of Business Areas Containerboard and Pulp, has decided to leave SCA during 2024. Mats Nordlander will remain in his role as Head of the both Business Areas until December 31.

The Ontario government is investing $445,252 in a new action centre to help the 180 workers impacted by the closure of Cascades' manufacturing plants in Trenton and Belleville, Canada, connect with services and training they need to get back to work quickly.

Whish of these do you understand the LEAST?

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 150 papermaking innovators and legends have been enshrined. This month, we profile the late Margaret E. Knight.

The PM40 closed Friday, 12 July 2024, at 5575.

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