Recent Articles

Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, today announced its recognition with Communitas Awards for three exceptional projects: "The Power of Trees" campaign; the Cloquet Water Savings Project; and the Somerset Mill Safety Record. These awards highlight Sappi's ongoing commitment to sustainability, innovation and workplace safety.

Amcor, a global leader in developing and producing responsible packaging solutions, announced the publication of its Decarbonization Roadmap to reduce greenhouse gas (GHG) emissions. Amcor's targets are aligned with the latest climate science aiming to limit global temperature rise to 1.5 degrees Celsius and validated by the Science-Based Targets initiative (SBTi).

Stora Enso, a leading global provider of renewable solutions for packaging, paper, and biomaterials, has announced a strategic partnership with Enkei, a Swedish design startup committed to creating sustainable products.

Vattenfall and the newly established industrial collaboration Industrikraft, which currently consists of Alfa Laval, Boliden, SKF, Stora Enso and the Volvo Group, will work together to investigate the conditions for joint investments in new electricity production.

Healthy forests are essential to a healthy future for our planet: they mitigate climate change through carbon sequestration, clean our water and provide habitat that wildlife populations need to thrive. With more than 1.6 billion people reliant on them for their livelihoods, forests also deliver substantial economic benefits. And at International Paper, forests are at the heart of everything we do.

Hygiene and health company Essity's targets to reach net zero greenhouse gas emissions by 2050 have been validated by Science Based Targets initiative (SBTi). The validation applies to all near- and long-term targets in Scope 1, 2, and 3. The roadmap has been developed as part of the U.N. Global Compact's "Business Ambition for 1.5°C".

Cascades Inc. is the proud recipient of five awards recognizing the excellence of its employees and its sustainability efforts: four of the company's young leaders were named in Pulp & Paper Canada's 2024 Top 10 Under 40, and its innovative packaging solution, Cascades Fresh GUARD EnVisionTM, won a Canadian Grocer's 2024 Impact Award in the Sustainability category.

Sofidel has been named a finalist in the Global CSR & ESG Initiative category for Ragan's CSR & Diversity Awards, recognized for its "Sofidel and Suzano for 'Together we plant the future'" campaign. This project, in collaboration with Suzano, reflects Sofidel's efforts to support environmental sustainability and social development. The recognition highlights the company's focus on meaningful global partnerships that contribute to positive change within the community and workplace.

Sustainable packaging company DS Smith has teamed up with home appliance company Versuni to launch a packaging solution for the new Philips Baristina coffee machine.

The ESG report outlines the company's Better, Every Day sustainability strategy and plans for achieving its new Better by 2030 sustainability goals designed to drive more circularity in its innovative paperboard consumer packaging, support a safe and inclusive culture, and protect environmental resources.

In a recent announcement from NOAA Research, it states that the NOAA is testing next-generation wildfire detection and warning tools.

Reported insider trading since the last issue of PaperMoney.

Johanna Lindén will assume the role of CFO at the wood industry company Setra on 16 September. She has extensive experience in the wood industry and most recently held the position of CFO, Strategy and IT Manager at Södra Wood.

Port Hawkesbury Paper, involved in paper manufacturing in North America, announces the hiring of Eric Huard as the Director of Specialty Sales.

Wilson Lumber appoints Ryan McAnally as new Marketing and Communications Manager. McAnally's digital marketing background and experience with family-owned businesses will help drive engagement, success, and retention.

The Paper Excellence Group announced that it has appointed Luc Theriault to president of its Wood Products business unit. The appointment is effective August 26, 2024.

First Quality Tissue is pleased to announce another major expansion initiative. The expansion includes a commitment to install two new state-of-the-art Thru-Air-Dried (TAD) paper machines with associated converting facilities at a new location to be announced in the near future. The company estimates the first paper machine to be operational in 2027; with the second machine coming online approximately eighteen months thereafter.

With the layoffs of almost 200 workers at the McKinley Paper mill looming in two weeks, the union representing them is still attempting to negotiate a softer landing for their members and get some clarity on when the mill might reopen.

'We're not asking them to give the mill away," Unifor Local 233 president said, 'but to sell it for its market value and get out of town'.

The latest Progroup corrugated sheetfeeder plant in Petersberg has been in routine production since the beginning of August. The Landau-based family company is extending its leading market position with its ultra-modern production site close to Pirmasens which will also create a combined total of 60 new jobs and training positions.

Brazilian digital agriculture Software as a Service (SaaS) business BemAgro raises US$2.6 million (R$15 million) in latest funding round led by CNH, with Suzano Ventures and ATVOS joining as strategic investors.

While the precise intentions for the acquisition remain undisclosed, Green Bay Packaging's history of developing large plants throughout the country -- including a new 600,000-square-foot facility in Fort Worth and a 370,000-square-foot facility in Ohio -- indicates a pattern of strategic expansion, and it recently announced an expansion of its Great Lakes Packaging Division in Wisconsin with 270,000 square feet of manufacturing space.

Essity Southeast Regional Human Resources Manager Bryan Dyar said the warehouse was strategically built to collapse from within, crediting the design with controlling the fire in one area.

A carpenters union filed a complaint with the Wisconsin Department of Justice after a lumber manufacturing company notified the state one day before it closed three plants and lay off 139 workers.

In a statement, Oji Fibre Solutions says its Penrose mill has suffered three years of losses caused by a number of issues including rising energy costs.