Restructurings

If you remember, Chatham also sent multiple letters to RR Donnelly.

About 190 employees will lose their jobs, but the company said those employees will be able to apply for other jobs in the company. That includes more than 100 new jobs that will be created with a $500 million expansion of the Broadway Mill in Green Bay. That expansion is for production of premium paper towels.

Closure will be completed by the end of May 2022.

One of these partners, Columbia Pulp -- the only North American supplier responsible for processing wheat straw into pulp to make Mohawk Renewal Straw -- announced in February 2022 that they were ceasing operations. We have exhausted every avenue in Columbia Pulp's absence, but without a supplier, we cannot continue to support this industry-disrupting product and will have to discontinue Straw from the Mohawk Renewal portfolio effective immediately.

PotlatchDeltic will recognize a pre-tax noncash pension settlement charge in the first quarter of 2022.

West Fraser is temporarily rolling back its operating schedule at lumber mills across B.C., impacting more than 700 employees.

Ahead of schedule, Domtar's Kingsport plant manager said roughly 170 employees are currently in training to be able to safely produce the brown paper cardboard.

In 2019 when the company announced its new facility in Kalamazoo, representatives at the time described a new machine that would be housed at the new location would be used to replace other production facilities like the one in Battle Creek.

Two of the country's largest pulp and paper unions, Unifor and the Public and Private Workers of Canada (PPWC), have reached a tentative deal with Canfor that establishes the pattern for Western Canadian forestry.

Jan. 3 marks Enviva Inc.'s first full trading day as a corporation on the New York Stock Exchange (NYSE: EVA) following its successful conversion (the "Conversion") from Enviva Partners, LP, a master limited partnership, to Enviva Inc. ("Enviva"), a Delaware corporation, on December 31, 2021. As part of the Conversion, Enviva also announced the appointment of three new members to its board and changes that will further strengthen its executive leadership team.

UPM has completed its company-wide pay equity review and now eliminates unexplained gender pay gaps - that is, differences not justified by, for example, work performance, experience, job level or location.

Sean McLaren, currently the Company's President, Solid Wood, will become the Company's Chief Operating Officer.

After 206 employees lost their jobs at tiskʷat mill, Powell River is looking into new ways to get it up and running.

Nippon Paper Industries Co. -- touted for its high-quality "Kushiro brand" paper used for newspapers and magazines -- ended 100 years of production at its paper mill in Kushiro, Hokkaido, in September, shifting its primary business to thermal power generation.

Essity has decided on new business areas from January 1, 2022. The business areas will be Health & Medical, Consumer Goods and Professional Hygiene. As a consequence of its higher growth ambitions, Essity has also decided on a new sales growth target of more than 5%, which includes both organic sales growth and acquisitions.

A Manitoba farmer fears the impending closure of a flax straw-processing facility near Carman may mean a decline in provincial flax acres.

The new owners of the shuttered Ponderay Newsprint in Usk, Washington, have formally requested enough power to restart the mill and build what could be one of the largest cryptocurrency mining operations in the country.

Paper demand is not expected to recover from current levels, but the decline in demand is forecast to continue at the same or a somewhat slower pace. This means that restructuring is necessary.

That fact that the Board continues to defend and extend the poison pill despite clear opposition from its stockholders, and over and above the objections of shareholder advisory firms, such as Institutional Shareholder Services ("ISS"), who have clearly opposed retention of the poison pill, only serves to demonstrate that the Board's interests are not aligned with those of its stockholders and fresh perspectives are sorely needed in the boardroom.

Stora Enso has completed the union negotiations regarding the closure of pulp and paper production at Kvarnsveden. A total of 340 people will be permanently laid off.

Roseburg announced plans for a multi-million dollar investment in new technology at its Western manufacturing operations, the result of an extensive analysis of strategic business opportunities in the West. As part of the restructuring, the company will close its particleboard plant in Dillard, Oregon, and offer current team members employment opportunities elsewhere in the organization.

The name Sylvamo speaks to the company's connection to trees and highlights its role as a steward of sustainable forests. Sylvamo combines the Latin words for forest, "silva," and love, "amo." Company leaders translate this unique combination as "love of forests."

BillerudKorsnäs is in a process with the aim of divesting the paper mill in Beetham, UK. The process is ongoing and no binding agreement to divest the mill has yet been entered into. Since BillerudKorsnäs' machine glazed (MG) paper business has primarily been focused in Skärblacka, the strategic importance of Beetham to the rest of the group has been reduced.

Pactiv Evergreen on July 28, 2021 announced that the Company has made the difficult decision to exit the coated groundwood paper business. As a result, the Company will permanently cease production of coated groundwood paper at its Pine Bluff, AR location. The Company will continue to strategically invest in the Pine Bluff mill, which will remain an essential facility in the Pactiv Evergreen operations network, serving the fiber-based beverage packaging market.

As a result of the negotiations, 550 people will be permanently laid off. Some 28% of the redundancies can be managed through pension arrangements.