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BillerudKorsnäs simplifies its organizational structure

BillerudKorsnäs intends to implement a simplified organizational structure as of August 1, 2020. The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development.

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Norske Skog to invest Euro 350 million at mills in France and Austria

Norske Skog will take a major step in its continued transformation towards a growing and high-margin business by converting two newsprint paper machines into renewable containerboard production. The conversions at Golbey and Bruck will introduce 765,000 tonnes of competitive containerboard capacity to meet the growing demand for renewable packaging.

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UPM Plywood is planning to scale down plywood production in Finland

UPM Jyväskylä plywood mill employs 167 people.

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Cascades Announces Closure of the Brown Sheet Plant Facility as Part of the Corporation's Planned Optimization of its Ontario Containerboard Platform

Cascades Inc. announces the closure of the Brown Containerboard Packaging facility located in Burlington, Ontario, as part of the Corporation's continuing optimization initiatives for its Containerboard Packaging business.

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Graphic Packaging reports layoffs planned for June

Graphic Packaging has notified the Louisiana Workforce Commission of 56 planned layoffs in West Monroe.

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Norpac cuts staff, cuts production due to 'significant' change in orders

North Pacific Paper Co. in Longview has cut staff and curtailed production in response to a "significant, sudden change" in orders due to the coronavirus, company officials said.

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Rayonier Advanced Materials Board of Directors Elects De Lyle Bloomquist to Serve as its Chair

The Rayonier Advanced Materials Inc. Board of Directors has elected De Lyle Bloomquist to serve as Chair of the Board. The Company previously announced the separation of the roles of Chair and Chief Executive Officer (CEO).

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Arauco to permanently close facility in South Carolina

Arauco will close its medium density fiberboard (MDF) production facility in Bennettsville, South Carolina May 18.

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LSC Communications files for Chapter 11 bankruptcy

LSC Communications, Inc. and most of its U.S. subsidiaries has voluntarily filed for Chapter 11 Bankruptcy. LSC's subsidiaries in Mexico and Canada are not included in the court proceedings and will continue to operate in the normal course.

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Quad/Graphics furloughs employees, temporarily cuts salaries and suspends operations at several plants

Quad/Graphics Inc. said it has temporarily furloughed employees throughout the company and suspended operations at a number of its plants.

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Short-time working at Södra's harbour operations

Södra Skog is introducing short-time working at its harbour operations in Mönsterås. Due to a reduction in demand in the UK and the Republic of Ireland during the ongoing pandemic, Södra Wood has introduced short-time working at its production facility in Mönsterås and the harbour operations are affected as a consequence of this.

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Canfor Revises Event Format for Annual General Meeting Due to COVID-19 and Announce First Quarter Results Conference Call

As the COVID-19 pandemic is quickly evolving, the companies will continue to monitor the circumstances of the virus and any recommendations or directives of government and health authorities and will advise shareholders as necessary of any further updates regarding the AGMs.

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LSC Communications management, board chided again in another letter from Sententia

Sententia Capital Management, LLC and its affiliates announced that it has delivered a letter to the LSC Communications Board of Directors and stockholders.

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LSC Communications Prepares Bankruptcy Filing As Shareholder Revolts

Weeks after issuing an earnings that report that revealed the company lost $295 million last year, publication printer LSC Communications is preparing to file for Chapter 11 bankruptcy, according to reports, citing "people with knowledge of the plans."

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LSC Communications Adopts Stockholder Protection Rights Agreement

The Rights Agreement is designed to ensure that all LSC stockholders receive fair and equal treatment in the event of any proposed takeover of the Company and to guard against tactics to gain control of LSC without paying all stockholders a premium for that control.

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RRD Sends Letter of Response to Chatham Asset Management

R.R. Donnelley & Sons Company announced that RRD has sent a letter to Chatham Asset Management, LLC in response to Chatham's February 28, 2020 letter to RRD's Board Chair and President and Chief Executive Officer.

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Sententia Capital Delivers Letter to LSC Communications' Board of Directors

Sententia says it has nominated six directors and are committed to working for the benefit of shareholders and the Company, not simply management and the LSC Board.

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Hindustan Paper Corporation liquidator assures revival of Assam mills

The liquidator of Hindustan Paper Corporation (HPC) told Delhi High Court on Tuesday that measures would be taken to revive the two paper mills in Assam and that the process would be started in the next few weeks.

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Lenzing appoints two new members to its management board

The Supervisory Board of Lenzing AG has appointed two new members to the company's Management Board. Stephan Sielaff will serve as the new Chief Technology Officer effective March 1, 2020, succeeding Heiko Arnold, who left the Lenzing Group in November 2019.

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Mikael Olsson to leave Trivselhus

Trivselhus President, Mikael Olsson, has informed the Board of Directors that he is to relinquish his position for health reasons.

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Arauco cutting jobs with line closure

Arauco announced that it will be closing its particleboard line in Moncure, N.C., as of April 2020.

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Arauco Eugene, Oregon mill to close, lay off 84

Arauco North America said the closure results from an "economic imbalance" in the U.S. market for medium density fiberboard. The company said it will shift Eugene production work to its other U.S. facilities.

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Lecta Group successfully completes Recapitalisation

Following the announcement released on 29 January 2020, the Lecta Group (as defined below) is pleased to announce the completion of a comprehensive recapitalisation transaction (the "Recapitalisation"), as initially announced on 24 September 2019.

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Changes in Huhtamaki's Global Executive Team

Arup Basu has been the Managing Director for Huhtamaki's Flexible Packaging business in India since 2017.

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LSC Communications plans to close three facilities

Citing a drop in publisher demand for print publication titles and significant structural changes impacting the industry, Chicago-based LSC Communications filed a Form 8-K with the Securities & Exchange Commission (SEC) on Jan. 14 announcing it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.

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