Major Announcements

The Board of Södra has appointed Lotta Lyrå as new President and CEO. She will take office this year and thereby replace CFO Peter Karlsson, who has been Interim President since 20 February this year.

Verso Corp. said Tuesday, June 9, that it expects to lay off about 1,000 employees, as it idles idles mills in Duluth, Minnesota and Wisconsin Rapids, Wisconsin this summer, given the accelerated decline in demand for graphic paper given the COVID-19 pandemic.

Paper Excellence Canada will be curtailing operations at its pulp mill in Mackenzie.

Five employees in Smurfit Kappa's 46,000-strong workforce have died from Covid-19.

Canfor Pulp Products Inc. is announcing the curtailment of Prince George Pulp and Paper and Intercontinental Pulp for approximately four weeks starting July 6, 2020.

Twin Rivers Paper has once again announced a leadership change. President and CEO Bob Snyder will retire from Twin Rivers effective immediately, and Tim Lowe has been appointed by the Board of Directors to assume his role in an interim capacity.

Resolute Forest Products Inc. is temporarily laying off more than 1,000 workers mainly in Quebec because of the COVID-19 pandemic.

A printing company with a local history that goes back more than 100 years is closing its Henrico County plant and laying off 184 employees.

The Occupational Safety and Health Administration is continuing its inspection of the Pixelle Specialty Solutions LLC paper mill that was heavily damaged in an explosion April 17.

The mill has been idle since November when Niagra Worldwide purchased the property and assets at scrap prices for $2.2 million after Flambeau River Papers put the mill into a receivership saga that lasted over six months.

Graphic Packaging has revealed plans to close White Pigeon, Michigan coated recycled board (CRB) mill and PM1 containerboard machine in West Monroe, Louisiana.

On April 22, 2020, the Pixelle Specialty Solutions mill in Jay, ME restarted two of its paper machines. The A4 and A5 machines are now running 24x7 and customer service and sales personnel are taking orders from customers.

Domtar plans to temporarily idle the operations of its Hawesville, Kentucky, mill beginning May 5th 2020.

West Fraser Timber has obtained from a syndicate of lenders an additional $150 million committed revolving credit facility.

The mill was shut down indefinitely as elation over the stunning news that that no one was harmed shifted to worries Thursday about the future of the mill that employs 500 people and is the town's largest taxpayer.

Sappi's board of directors and the group and regional leadership teams from Europe, North America and Southern Africa have volunteered to take a 10% reduction in salaries or fees for the three months ending June 30.

A DuPont employee has died due to COVID-19 complications and four other employees have tested positive at the facility in Chesterfield.

The Swanson Group is laying off 300 workers from its plywood mill in Glendale and cutting the pay of those still working due to a shortage of orders, as businesses grind to a halt during the COVID-19 pandemic.

The mill was shut down indefinitely as elation over the stunning news that that no one was harmed shifted to worries Thursday about the future of the mill that employs 500 people and is the town's largest taxpayer.

Investigators were back on the scene Monday, March 16, to determine the origin of an early morning fire that caused extensive damage to the International Paper mill in Coosa.

Lecta says it has decided to stop production at the Cartiere del Garda woodfree coated paper mill in Italy amid the rising number of coronavirus infections in Europe and related industrial and logistical issues. Operations are to be stopped 19 March at the end of the second shift and the downtime is scheduled to last until 25 of March.

Sappi has declared force majeure on the Vulindlela expansion and upgrade project at its Saiccor Mill in alignment with the South African Government's declaration of a nation-wide lockdown to combat the COVID-19 Epidemic.

Canfor Pulp Products Inc. is announcing actions in response to the COVID-19 pandemic and resulting economic uncertainty.

LP Building Solutions announced adjustments to operating schedules, reductions in capital expenditures, and steps to enhance an already strong balance sheet. LP also announced amended guidance consistent with these plans and the uncertainties surrounding the impact of COVID-19, governmental responses, and subsequent economic recovery.

Australia's richest man Anthony Pratt has donated $1million to fund the trial of two drugs that may help patients suffering from COVID-19.