Recent Articles

Mondi and Cemex have collaborated to bring SolmixBag, a water-soluble paper bag, to the Spanish islands.

At drupa 24, HP announced that RR Donnelley has made an major investment in HP Indigo and PageWide presses.

The new packaging solution is designed to be recyclable, contributing to virgin plastic reduction goals.

Rayonier strives to be the preferred employer in the forestry sector. We recognize that without a strong and enduring workforce, operating within an inclusive and supportive culture, our company cannot sustain its success.

PalletOne, the nation's largest single-source pallet manufacturer, has launched an automated pallet assembly machine redeployment program to provide improved pallet solutions to customers nationwide. This initiative will optimize the company's capacity following its coast-to-coast expansion as UFP Packaging's premier wood pallet builder.

Ahlstrom, as a member of Ahlström Collective Impact continues to support UNICEF's global educational program in 2024. Ahlström Collective Impact's total investment to UNICEF in 2024 is close to EUR 800,000. Ahlström Collective Impact is a joint responsibility initiative by a group of companies and foundations, and Ahlstrom is one of the members and founding partners of the initiative.

The planting machine BraSatt, Södra's investment in new advanced technology for better plant survival, has now been awarded the prestigious Red Dot Awards, the world's most important design competition. The innovation agency Boid and Södra, the largest forest-owner association in Sweden, have won the Best-of-the-Best prize in the category "Autonomous".

Both attractive and sturdy, this eco-designed packaging offers robust protection while opening impactful visual possibilities. Its sleeve openings and high-quality printing area break the mould of the traditional format.

A collective EPR system promoted by diverse paper and cardboard associations.

Huhtamaki and the 2M Group of Companies have announced a multi-year supply deal to deploy deep-tech company Xampla's plastic-free Morro coating polymer to replace traditional barrier coatings in a range of takeaway containers.

Mondi and traceless announce long-term partnership to develop bio-circular coating solution.

The collaboration brings together DVF's timeless designs and Lenzing's signature specialty fibers to exemplify both companies' commitment to spotlighting responsible fashion choices and bringing real change to the fashion world.

NeoLigno® by Stora Enso is a bio-based binder, ideal for mineral and glass wool. By changing to a binder made from renewable materials you can decrease your carbon footprint, while removing harmful formaldehyde and isocyanates from your loop.

Reported insider trading since the last issue of PaperMoney.

European cities are giving their dead leaves to a startup called Releaf Paper to turn them into shopping bags and paper.

Södra is investing in a production line at Värö which will create a vegetable tanning agent from bark. This new tannin can be used to process leather in a more environmentally friendly way. Scheduled to be commissioned in 2026, the plant will have the capacity to produce tannins for millions of square metres of leather.

Protective packaging supplier Sealed Air (SEE) has announced the appointment of Patrick Kivits as its new chief executive officer, effective 1 July 2024. Kivits is now serving as president of corrugated packaging at paper and packaging company WestRock, overseeing all the company's business in Central America.

Conifex announced the curtailment of its sawmill and planer operations for two weeks starting June 17, 2024. This decision follows ongoing weather-related transportation issues that have delayed spring log deliveries, resulting in lower-than-expected log inventories, according to the company.

WestRock Company, a leading provider of sustainable fiber-based paper and packaging solutions, announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group plc ("Smurfit Kappa") and WestRock (the "Combination") at WestRock's Special Meeting of Stockholders held earlier today (June 13).

The cause is under investigation by the fire marshal's office.

Under the terms of the agreement, Suzano will acquire a 15 percent stake in Lenzing from B&C and the two shareholders will form a long-term syndicate which will hold the majority stake (52.25 percent) in the company. Subject to the closing of the transaction, B&C will hold a 37.25 percent stake in Lenzing and keep the role as controlling member of the new syndicate, with Suzano holding the minority stake of 15 percent. The price per share will be EUR 39.70, with a total acquisition purchase price of EUR 230 million to be fully paid at closing.

Smurfit Kappa, Europe's largest paper packaging producer has invested over €30 million across two projects in Spain to further reduce CO2 emissions.

Sappi say the company's most recent three-year contract offer included wage increases, retirement plan improvements and a signing bonus but said a majority of the 150 union workers represented by the National Conference of Firemen and Oilers Union turned down the company's offer and have voted to authorize a potential strike.

Starkraft, a business unit of Heinzel Pöls, part of the Heinzel Group, announces the successful launch of its PM6 at the Steyrermühl paper mill in Austria, marking a significant milestone in its journey towards enhanced productivity and global expansion. With this strategic investment, Starkraft elevates its production capacity to a total of 350,000 tons of kraft paper per year.

Analysts from Jefferies are predicting a potential cash offer for IP in the range of $54-57 per share, a figure that aligns with previous investor expectations. However, IP's board may value the company significantly higher.