Search Global Paper Money

You searched for "capital projects of note in 2022"

Nine Dragons scaling up wood pulp and fibre production following China ban (relevance: 13.1%, date: Oct 5, 2021)
Nine Dragons Paper has revealed that it will have 3 million tonnes of wood pulp production capacity by 2023.

Boise Cascade Announces Promotion of Chris Forrey (relevance: 13.1%, date: May 7, 2024)
Chris joined Boise Cascade in 2005 and was promoted to his most recent role of Senior Finance Director in March 2022, where he has led the tax, financial reporting, accounts payable, and financial systems teams. He has also been a key contributor to the investor relations and M&A efforts for the Company.

ABB expands automation offering with acquisition of Rotork (relevance: 13.1%, date: Aug 4, 2026)
The transaction is expected to further strengthen ABB's focus on electrification and automation and expand its Automation business area's offering for large and complex infrastructure and industries.

Nippon Paper Corrects Financial Target in 2030 Medium-Term Plan (relevance: 13%, date: Jun 2, 2026)
The change affects the company's projected net debt-to-equity ratio for fiscal 2025, an important indicator for investors and lenders assessing leverage and capital structure.

Port Townsend mill fined $27,000 for water quality violations (relevance: 13%, date: Jun 7, 2022)
Repeated water quality violations at the Port Townsend Paper Corporation (PTPC) mill in Port Townsend led to a $27,000 penalty from the Washington Department of Ecology. Pollution above permitted levels can negatively impact the aquatic environment.

Södra: SEK 8.8 million to research projects (relevance: 13%, date: Jul 1, 2019)
The funding was awarded to projects including process development in the pulp industry, recycling textiles and controlling pulpwood flows.

Canfor to acquire PinkWood I-joist facility in Calgary for $68 million (relevance: 13%, date: Jun 16, 2026)
Located in Calgary, AB, PinkWood has 120 employees, with production capacity of 46 million linear feet. 

Change in Stora Enso's Group Leadership Team (relevance: 13%, date: Apr 4, 2023)
Stora Enso has appointed Micaela Thorström as EVP, Legal and General Counsel and a member of the Group Leadership Team. She will start in her new role in April 2023.

Mill Rock Packaging Acquires Impressions Incorporated (relevance: 13%, date: Aug 2, 2022)
Impressions, based in St. Paul, MN and founded in 1967 by Mark Jorgensen, Sr., is a market leader in the design, engineering and production of high-end paperboard packaging and commercial printing products for a variety of end markets.

Canada invests $3.5 million in innovative mass timber commercial building in Vancouver (relevance: 13%, date: Jul 18, 2023)
The Canadian government has announced an investment of $3.5 million in the construction of 2150 Keith Drive, an innovative hybrid mass timber commercial office building in Vancouver's False Creek Flats neighborhood. The funding will be provided through the Green Construction Through Wood (GCWood) Program, which aims to promote the use of wood as a low-carbon construction material in infrastructure projects.

Stora Enso's mill to provide renewable district heating in Germany (relevance: 13%, date: Feb 3, 2020)
Excess heat from the industrial processes at Stora Enso's Maxau paper mill in Germany, will be used to provide renewable, biomass-based district heating for the city of Karlsruhe.

U.S. containerboard production increased by 3 percent in the third quarter of 2024 (relevance: 12.9%, date: Nov 5, 2024)
U.S. containerboard production in Q3 2024 increased 3% compared to Q3 2023. It was up 6% when compared to the same nine months of 2023, according to the American Forest & Paper Association (AF&PA).

Jay Pixelle paper mill closing earlier than expected (relevance: 12.9%, date: Mar 7, 2023)
The mill employs about 230 people and is the town's biggest private employer. The owners, Pixelle Specialty Solutions of Pennsylvania, had announced in September 2022 that the mill would close, citing economic forces that made operations unsustainable. In November, the date of the closure was set at April 30.

Additional cost increases require new comprehensive price hikes (relevance: 12.9%, date: Sep 20, 2022)
Hygiene and health company Essity is being affected by additional cost increases. Prices for electricity and gas have risen sharply in Europe since July 2022. Costs for the company's raw materials have also risen significantly in the third quarter. Essity is therefore announcing new comprehensive price increases for all product categories and markets.

SWM Expands Its Air Filtration Offerings for Facemask Applications with DelporeTM Advanced Filtration Media (relevance: 12.9%, date: Apr 5, 2022)
WM International, a leading global producer of nonwoven media, has launched DelporeTM Advanced Filtration Media - ideal for surgical facemasks, N95 offerings, and other facemask applications.

Mativ Announces Proposed Sale of Engineered Papers Business for $620 Million (relevance: 12.9%, date: Aug 15, 2023)
Company intends to use net sale proceeds of approximately $575 million to reduce debt.

Canfor subsidiary Vida AB expands into Central Sweden (relevance: 12.9%, date: Aug 5, 2025)
Canfor Corporation announced that its 77%-owned subsidiary, Vida AB, has entered into an agreement to purchase AB Karl Hedin Sågverk from Mattsbo Såg AB and certain minority shareholders for a purchase price of $164 million (1.15 billion Swedish Krona), including working capital of approximately $39 million.

Resolute Announces Ratification of Collective Agreement at Seven Canadian Pulp and Paper Mills (relevance: 12.9%, date: Jun 7, 2022)
Resolute Forest Products Inc. announced ratification of a four-year collective agreement by Unifor union members at seven of the company's pulp and paper mills in Canada, following an agreement-in-principle reached on May 15, 2022.

Cascades to Close Underperforming U.S. Tissue Plants, Concentrate Activities (relevance: 12.8%, date: May 2, 2023)
Cascades will work closely with its 300 affected employees to mitigate the impact of this announcement.

Cascades announces the sale of its Richmond, British Columbia, packaging plant to Crown Paper Group (relevance: 12.8%, date: Feb 3, 2026)
Cascades Inc. announces that it has entered into an agreement with Crown Paper Group ("Crown") for the sale of its corrugated packaging plant located in Richmond, British Columbia, for a total value of $65.5 million, including the real estate assets and subject to working capital adjustments and the assumption of certain liabilities.

Federal judge dismisses class action lawsuit against Graphic Packaging (relevance: 12.8%, date: Apr 2, 2024)
A class action lawsuit filed in 2023 that alleged gas emissions from a Kalamazoo paper mill violated the Clean Air Act and civil rights was dismissed by a federal judge on Friday.

Graphic Packaging to close Grand Rapids-area plant, laying off 111 workers (relevance: 12.8%, date: Feb 6, 2024)
A company spokesperson said in an emailed statement that the decision to close the plant came after an evaluation of the company's portfolio.

Boise Cascade Company Reports Fourth Quarter and Full Year 2025 Results (relevance: 12.8%, date: Mar 3, 2026)
Boise Cascade Company reported fourth quarter net income of $8.7 million, or $0.24 per share, on sales of $1.5 billion. For the full year 2025, Boise Cascade reported net income of $132.8 million, or $3.53 per share, on sales of $6.4 billion.

Enviva's Statement Regarding the Dutch Parliament's Motion on Sustainably Sourced Biomass (relevance: 12.8%, date: Jan 17, 2023)
Enviva fully supports the principle that financial assistance should only be provided for woody biomass that is sourced sustainably.

Canfor Pulp Temporarily Curtailing Intercontinental Pulp Mill (relevance: 12.8%, date: Nov 1, 2022)
Canfor Pulp Products Inc. is announcing a temporary curtailment of its Intercontinental Pulp Mill due to the lack of available economic fibre.