Recent Articles

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.

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.