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The paper and packaging company says its corrugated medium mill in Trenton, Ont., that is currently idled will not restart operations, while converting plants in Belleville, Ont., and Newtown, Conn., will close by May 31.

While the exact cause of the fire was not known, it was baled material to be recycled that was ignited at the Number 4 storage pad.

The planned program amounts to approximately Euro 100 million and the related investments are to be carried out over the period of next five years..

Under UK takeover rules, Mondi now has until March 7 to "put up or shut up" -- in other words, make a firm offer or walk away -- unless the deadline is extended with the consent of both parties.

Canfor Pulp president and CEO Kevin Edgson says the new owner is committed to repurposing the site and developing a long-term plan that will benefit the community.

No injuries were sustained in the incident.

Mill underwent deep-cleaning, maintenance, major repairs, significant projects.

Amcor, a global leader in consumer packaging, has announced a major restructuring plan in response to a significant drop in consumer demand. The company has slashed 2,000 jobs, which equates to 5% of its worldwide workforce, and is in the throes of shutting down nearly 10 factories across the globe.

As part of its ongoing commitment to relentless innovation and product development, Quad, a marketing experience company, acquired North Carolina-based DART Innovation, an in-store digital media solutions provider.

The building the tractor-trailer was attached to suffered severe water damage.

Combination creates a large-scale global franchise with an industry-leading solution set serving attractive, growing specialty materials markets.

The mill has the capacity to produce 65,000 metric tons per year of bath, napkin and towel grades of tissue.

The plant manufactures corrugated board and boxes.

A conveyor belt carrying shredded wood chips at a Skowhegan paper mill caught fire Saturday morning, Feb. 3, prompting a wide response from local fire departments.

CJK Group, Inc. announced that it has acquired the assets of LSC Communications Magazine and Catalog business unit, along with the stock of Kodi Collective LLC (formerly known as Continuum Marketing Services LLC). The assets and stock purchase together represent "Kodi Collective."

Thanks to this acquisition, Antalis becomes the market leader in bespoke packaging solutions for the Italian market.

The appointment is effective immediately.

If you call yourself a consultant, you better have the experience...

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 Thomas A. Simons, who was inducted into the Hall of Fame in 2000.

The PM40 closed Friday, 16 February 2024, at 5381.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 16 February 2024 up 0.5% from the 17 February 2023 level.

In this issue of Disconnected Comparisons, we evaluate Graphic Packaging and PotlatchDeltic.

Enviva, the leading exporter of wood pellets in the United States, is on the brink of filing for Chapter 11 bankruptcy following a significant misjudgment in future commodity prices, which led to substantial financial losses. Maryland-based company might proceed with the bankruptcy filing by the end of this week, pending the expiration of a 30-day grace period due to a missed $24 million interest payment to bondholders, according to reports.

UPM's Board of Directors has approved the commencement of new plans for the period 2024-2026 within the company's two long-term share incentive arrangements: the Performance Share Plan and the Deferred Bonus Plan.

Valmet, a provider of technologies, automation, and services for the pulp, paper, and energy sectors, has commenced negotiations on February 15, 2024, aimed at restructuring its Services and Paper divisions within the EMEA (Europe, Middle East, Africa) territory.