Recent Articles

Chilean pulp producer Empresas CMPC SA is betting on a local startup that is working to create a wood alternative for concrete and steel in the construction industry.

UPM Specialty Papers now offers a wide range of packaging papers that are designed for home composting. Six UPM packaging papers are now certified as home compostable, according to the NFT51-800:2015 standard.

Committing to net-zero emissions by signing The Climate Pledge is a logical step for Stora Enso in its long-term ambition to become net carbon positive, and to offer 100% regenerative products and solutions by 2050.

With a growing regulatory-compliant facility footprint and sharpened focus on marketing communications and secondary packaging supply chain, RRD is positioned to drive product commercialization for life sciences companies.

Novolex brand Waddington North America announces product lines manufactured with food grade rPET.

Mondi, a global leader in packaging and paper, has introduced its Advantage StretchWrap, a paper wrapping solution that replaces plastic stretch film and enables a more efficient logistics process, to Sentrex, a European manufacturer of paper bags.

UPM Raflatac, a global supplier of innovative and sustainable self-adhesive paper and film products, has released the findings of a new neuromarketing study.

As of November 28, 2023, Huhtamaki is rated 'A' (on a scale of AAA-CCC) on the MSCI ESG Ratings assessment. Maintaining our rating is fundamentally important for us and reflects our top-of-industry governance practices as well as our continuous work to produce more sustainable packaging.

The Government of Ontario, Canada, is creating new opportunities in the forest sector and strengthening regional economies with an initial $1.5 million in funding for projects under the new Forest Biomass Program. These investments will develop the untapped economic potential and environmental benefit of new and emerging uses of underutilized wood and mill by-products, collectively known as forest biomass.

The Wisdome Stockholm building encompasses a wooden architectural design creating an arched-shaped room of 1,325 square meters. Stora Enso has been the main partner and delivered sustainable wooden construction materials for the project.

Lecta has developed new metallized papers with functionalities specifically oriented towards flexible packaging, recyclable products with the aim of replacing some of the materials currently in use that contain plastic.

Ranking places LP among America's top companies for environmental, social and governance practices.

Clearwater Paper Corporation has released its 2023 Sustainability Report, an annual update on the company's progress against its multi-year sustainability goals. The report also announces Clearwater Paper's new strategic sustainability framework, Everyday Responsibility. This forward-looking strategy centers the company's sustainability work and initiatives on three distinct pillars: Resource Stewardship, Trusted Products, and Thriving People and Communities.

Graphic Packaging's successful 2023 shows no signs of stopping as the fiber-based consumer packaging leader wins its 47th award at the World Beverage Innovation Awards.

Reported insider trading since the last issue of PaperMoney.

Veritiv Becomes Privately Held Company

The planned conversion of the Escanaba paper mill to produce cartonboard has stalled due to economic conditions, according to company officials.

Purchase and sale agreements with Forest Investment Associates set to increase cash flow and optimize portfolio value

The net impact of the transaction on Mativ's debt is expected to be a reduction of more than $600 million, which equates to approximately 35% of Mativ's outstanding debt balance as of the end of the third quarter, and is subject to customary post-closing adjustments.

Green Bay Packaging -- a paper company that makes shipping containers, cartons and label products -- is set to build a new regional corporate headquarters to replace its current facility in Germantown.

The Saica Group has unveiled its Research, Development & Innovation (R&D&I) Centre at its El Burgo de Ebro plant in Zaragoza, Spain. The centre will service Saica's four divisions globally: Saica Natur, Saica Paper, Saica Pack and Saica Flex.

The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately Euro 110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the modernisation and upgrade of a bioproduct mill, including the replacement of a recovery boiler.

The Espanola Pulp and Paper Domtar Mill will enter the final stage of idling on Nov. 30.

Potential layoffs would last a maximum of 90 days and could be implemented in several installments during 2024. A total of 1,100 people were involved in the change negotiations at Metsä Board's seven mill locations in Joutseno, Kaskinen, Kemi, Kyröskoski, Tampere, Simpele and Äänekoski.

UPM invests nearly Euro 10 million in the modernization of the Korkeakoski sawmill. A new split saw supplied by USNR will start operating at the sawmill in 2025.