Recent Articles

Once fully operational, the two new plants will employ approximately 120 people in the community where Roseburg was founded nearly 90 years ago.

Canfor Corp. says it has signed a deal with an affiliate of Domtar Corp. to buy its El Dorado lumber manufacturing facility in Arkansas for US$73 million.

Sappi Europe, a major producer of coated fine paper, recently announced the successful completion of the second phase of a three-part modernisation project at its Gratkorn Mill in Austria.

Kelly Trumbo, communications manager with International Paper, confirmed there was an incident on-site Wednesday evening where a team member was injured and transported to a local hospital.

Transaction further advances Twin Rivers' focus on core specialty papers business.

Rayonier Advanced Materials Inc. (RYAM) is announcing that, effective July 2, 2024, it will suspend operations at its Temiscaming High Purity Cellulose (HPC) plant for an indefinite period.

The temporary curtailments will impact all of Interfor's operating regions, including the US South, through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules and extended maintenance shut-downs.

CMPC has signed a deal with Brazil's southernmost state of Rio Grande do Sul to evaluate building a new pulp plant there, which would require $4 billion in investments.

Firefighters were dispatched at 9:25 p.m. Monday to an area between the lagoon and the mill where 15 refrigerator-sized bales of cardboard were on fire, according to a Port Angeles Fire Department press release.

Muskogee's largest private employer, Georgia Pacific announces a $50-million expansion at its port of Muskogee mill. This is a big deal not just for Georgia-Pacific - but also for the port and city where the company continues to make big investments.

Mativ Holdings, Inc. announced it has appointed Dr. Kimberly E. Ritrievi as Chair of the Board of Directors, succeeding Dr. John D. Rogers, who will continue to serve as a director of Mativ and will assume the role of Audit Committee Chair.

Suzano Ventures, the corporate venture capital arm of Suzano, the world's largest market pulp producer, is funding up to US$5 million for Canadian startup, Bioform Technologies.

The enhancement will increase the mill's folding boxboard output by approximately 10,000 tonnes annually, raising its total capacity to around 310,000 tonnes.

The decision affects 93 employees.

Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas, Mato Grosso do Sul.

The Bousbecque plant in the north of France focuses on producing parchment specialty materials. There is overcapacity in parchment and increasing competition. The plant has an annual capacity of approximately 12,000 tons and has 117 employees.

Mondi will not make an offer to buy DS Smith, it said on Friday, bowing out of the battle after its UK peer agreed to a 5.8 billion pound ($7.21 billion) deal with International Paper earlier this week.

Plans call for debt restructuring; bids due in June.

West Fraser Timber Co. Ltd. announced that the Company has completed the sale of its Quesnel River Pulp mill, and its Slave Lake Pulp mill to an affiliate of a fund managed by Atlas Holdings following completion of customary regulatory reviews and satisfaction of customary closing conditions.

The situation of Heinzel Group subsidiary Raubling Papier GmbH in Germany continues to be characterized by a persistently difficult market environment and challenging economic conditions.

At the time of closing, the cash provided included the previously disclosed transaction amount of $538 million, an additional $38 million as a ticking fee to reimburse the seller for Greif's profits, standard adjustments for debt and cash, and the effect of foreign exchange rates.

Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions and print products and solutions, announced that it has acquired substantially all the assets of Ameripac, LLC, and Ameripac Pennsylvania, LLC ("AmeriPac") a leading provider of turnkey contract packaging and fulfillment services with annual revenues of approximately $60 million.

Expected to Achieve Significant Synergies of At Least $514 Million

Two Rivers Lumber Co. LLC plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company's second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber, the Alabama Governor's Office reports.

Ahlstrom is simplifying its divisions from five to three: Filtration and Life Sciences, Food and Consumer Packaging, and Protective Materials.