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Four contract workers were injured in the incident that created a 'fireball' at the mill on Friday.

The cash funded at closing consisted of the previously announced transaction value of $538 million, plus $38 million for a ticking fee that compensates the seller for earnings that inure to Greif, other customary debt/cash adjustment items, and FX impact.

The proposal comes less than three weeks after DS Smith reached an in-principle agreement with its UK-listed rival Mondi, which made an all-share takeover offer valuing DS Smith at 5.14 billion pounds.

The order value amounts to just over SEK 1.5 million ($141,242). Training of the customer's staff is included in the price, but costs for commissioning are added.

A gas explosion occurred at Metsä Group's Kemi bioproduct mill in the evaporation plant during welding work on Thursday 21 March 2024. Three people were slightly exposed to hydrogen sulphide and were referred for a health check. The persons have returned to work after the check-up.

Mondi, which produces sustainable packaging such as paper wrappers and envelopes, finalized its purchase of the pulp and paper mill last month for $5 million.

Essity has completed the divestment of its entire holding of 51.59% of shares in the Asian hygiene company Vinda International Holdings Limited (Vinda) for HKD 23.50 per share.

Roseburg Forest Products will be shutting down its Missoula facility later this Spring. The company has announced it "will permanently end operations" at the particleboard plant on May 22.

Billerud will keep and continue to operate its Wisconsin Rapids converting facility and the 130 employees at that site and will sell the idled mill and related assets to Capital Recovery Group, the company said in a Thursday news release.

Stora Enso on Friday said it would start fully ramping down its Imatra and Oulu mills on Sunday due to ongoing political strikes that are hitting ports and transportation in Finland.

Production at the Rauma, Vilppula, Renko and Lappeenranta sawmills will stop on Friday 22 March. The production of board mills in Simpele, Kyro, Tako (Tampere) and Äänekoski is expected to stop on Monday 25 March.

ND Paper says it is making some changes to its mill in Rumford due to "challenging market conditions."

The pre-engineering has now been completed and Metsä Board has decided not to proceed with the investment in the Kaskinen folding boxboard mill.

Jamestown Container Companies announced an agreement to acquire Midwest Box Company's packaging business in Cleveland, Ohio. Terms of the agreement were not disclosed.

Amcor, a global leader in developing and producing responsible packaging solutions, announced today that after nine years as Chief Executive Officer (CEO), Ron Delia has informed the Board of Directors of his decision to retire from the Company and step down from the Board for health reasons, effective April 15, 2024.

ProAmpac, a global leader in flexible packaging and material science, today announced the acquisition of UP Paper, a leading producer of recycled kraft paper. Terms of the transaction were not disclosed.

Representing an important win in the bottleneck battle faced by Western Canada's resource industries, Buffalo Rail & Infrastructure Corporation ("Buffalo") is pleased to announce the $7 million acquisition of Canfor Pulp Products' pulp mill assets, including 300+ acres of heavy industrial land, in Taylor, BC.

Menasha Packaging Company, LLC, the largest independent, retail-focused packaging and merchandising solutions provider in the United States with a network of design centers, manufacturing plants, contract packaging, and fulfillment service centers, plans to infuse $70 million in capital into its Richmond, Indiana footprint as part of an ongoing U.S. network modernization initiative.

A unanimous vote from the S.C. Ports Board of Directors Tuesday pushed the purchase of the former WestRock paper mill site forward, and S.C. Ports officials believe the deal will close as soon as it is "practical."

Silvernail joins IP from KKR & Co., Inc., a global investment firm, where he served as an executive advisor. Silvernail also served as the Chairman and CEO of Madison Industries, one of the world's largest privately held companies.

The spokesperson said West Fraser is cooperating with Alberta Occupation Health and Safety (OHS) during its investigation.

One man is dead following a forklift accident at a Weyerhaeuser sawmill facility.

Enviva Inc., a leading producer of sustainably sourced wood-based biomass, announced that the U.S. Bankruptcy Court for the Eastern District of Virginia (the "Court") approved, among other matters, its previously announced $500 million debtor-in-possession financing.

Roaring Spring is officially saying goodbye to the Appvion papermill which closed in 2021. 300 people lost their jobs when it closed. Being founded in 1866, the papermill was part of the community being one of the largest employers in the area.

The transaction marks significant investment in RRD's existing digital marketing and print capabilities.