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Displaying Articles 26 - 50 of 89
Mondi scraps dividend as lockdowns hit order book

Mondi will not pay a final dividend for 2019, it said on Thursday, as it cuts costs and capital spending after seeing a deterioration in its order book in Europe and South Africa from the end of March.

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Canfor Corporation Announces Additional COVID-19 Capacity Reductions

Canfor Corporation is undertaking additional temporary reductions in production capacity due to the impact of COVID-19 on the price of lumber and demand.

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Norske Skog curbs output at Saugbrugs and Tasman paper mills due to COVID-19 pandemic

Norske Skog ASA closely monitors the coronavirus (COVID-19) outbreak and continuously implements adequate measures to reduce the risk for employees and ensure continuity of operations. Norske Skog adheres to the individual recommendations and measures taken by the national authorities.

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Interfor: Coronavirus leading to production cuts, capital expenditure reductions

Interfor has announced it will implement a number of initiatives in order to adjust its business to operating conditions being impacted by COVID-19.

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West Fraser Announces COVID-19 Pandemic Response Plan

In response to the COVID-19 outbreak West Fraser is taking steps to protect its employees and respond to changing market conditions.

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Port Hawkesbury Paper cutting wood deliveries due to declining markets, COVID-19

Nova Scotia's last major mill will curtail buying wood in April and scale back planned deliveries in May as it deals with ongoing market decline, compounded by the effects of the COVID-19 pandemic. The move is the latest blow to a forestry industry struggling to maintain a toehold following the loss of its major player.

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Due to COVID-19. Norbord announces big production cuts

Norbord Inc. announced that effective March 30, it will commence reducing production across its portfolio of North American oriented strand board (OSB) mills in response to the demand impact of the COVID-19 pandemic.

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Due to COVID-19 pandemic, Huhtamaki withdraws its outlook for 2020 for now

The COVID-19 pandemic is creating disturbance in Huhtamaki's global trading conditions and the demand for food-on-the-go packaging is being significantly impacted.

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PCA Announces Plans to Take Economic Downtime at its Jackson, Alabama Uncoated Freesheet Mill

This is expected to reduce paper production by approximately 70,000 tons, and the mill is expected to restart on July 6, 2020.

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Temporary furloughs at Södra Wood

Södra Wood is implementing temporary partial furloughs at its production facilities in Mönsterås and Orrefors due to a reduction in demand in the UK and the Republic of Ireland during the ongoing pandemic. Södra Wood Ltd in the UK and the production facility in Hamina, Finland, may also be affected by the decision.

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Coronavirus rumors fuel panic buying of toilet paper in Japan

Panicked Japanese consumers are stripping shelves bare of toilet paper, as unsubstantiated rumors of shortages stemming from the new coronavirus epidemic circulate on social media, sending prices soaring.

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Plenty of toilet paper to go around, Canada's biggest producer says

It has been one of the enduring images of the COVID-19 pandemic: empty toilet paper shelves in stores around the world as fearful citizens stockpile staples for long home stays. But the head of Canada's largest producer of toilet tissue says that despite a jump in demand, there's no shortage of product in Canada.

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How Georgia-Pacific Is Responding To Coronavirus Panic Buying

As consumers have been panic buying toilet paper, shelves at some local supermarkets and drugstores are bare. But how does a manufacturer respond to coronavirus-sparked shortages of this inexpensive commodity?

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CEPI: European paper and board production decreases by 3% in 2019

The European paper and board production has decreased by 3% in 2019 (European Paper Industry countries covered by the data: Austria, Belgium, Czech Republic, Finland, France, Germany, Hungary, Italy, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom), compared to the previous year, according to the Confederation of European Paper Industries (CEPI).

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Paper Excellence pulp and paper mill in B.C. faces 30-day closure due to lack of wood

Paper Excellence Canada of Richmond says it will curtail pulp and paper production for 30 days at its Crofton operation, south of Nanaimo.

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Lecta to increase thermal paper prices

The increase will be around 8 to 10% in thermal papers depending on country.

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Metsä Fibre completes first phase preparatory work at Kemi bioproduct mill

Metsä Fibre has completed preparatory work of the Kemi bioproduct mill at the mill site as planned by the end of January 2020.

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Finnish paper workers' union agrees pay deal, ends strike

Stora Enso, one of Finland's biggest paper producers, has said the strike cost it 11 million euros ($12 million) for each week of industrial action.

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Domtar warns of expected operating loss ahead of quarterly results

Domtar Corp. has warned of an expected operating loss for the fourth quarter and sales that are below analyst expectations.

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Stora Enso Increases the IFRS Fair Value of its Forest Assets

The IFRS fair valuations of Stora Enso's forest have increased significantly since the publication of the Group's third quarter results in October.

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Paper mill conversion to packaging materials could preserve jobs in Duluth, Minn.

While demand for the glossy coated paper that has long been the Duluth mill's bread and butter continues to dwindle, Verso is eyeing a new market and a new staple product -- packaging.

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Kelowna's Tolko sawmill shuts its doors for good

An iconic sawmill in Kelowna is no more.

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Northern Pulp hands out layoff notices to employees

Layoff notices were handed out to employees at Northern Pulp in preparation for the closure of the company's mill on Jan. 31, 2020.

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NYSE delists LSC Communications

LSC Communications, Inc. announced that it received notification from the New York Stock Exchange that the NYSE has determined to commence proceedings to delist the Company's common stock from the NYSE and that trading in the Common Stock on the NYSE has been suspended, effective immediately.

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Pregis invests $5 million in fourth W&H blown film line in Grand Rapids, MI facility; boosts capacity by another 4 million pounds

Pregis is announcing another $5 million investment in its Pregis Films facility located in Grand Rapids, Michigan. Additionally, Pregis is leasing an additional 35,000 square feet in the same location for expanded warehousing capability.

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Displaying Articles 26 - 50 of 89

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