Major Announcements

Red Leaf Pulp Ltd., developer of a proprietary wheat straw-based pulp mill, announced the Company will locate its initial facility in Regina, Saskatchewan. The Company has secured properties on the west side of the City of Regina and will commence construction of the $350 Million facility in early 2022.

WestRock Company announced the future retirement of Jeff Chalovich, president of Corrugated Packaging and chief commercial officer, after an incredible 23-year career with WestRock. Moving forward, WestRock has also announced an evolution of its commercial and operational leadership structure and team reporting to president and chief executive officer, David B. Sewell.

Correll led Georgia-Pacific and was a philanthropist who left fingerprints around the state. He was called on by mayors, business leaders, and friends for help for a particular reason.

Clearwater Paper announced it's closing the Neenah mill that employs almost 300 people as the company takes a new direction.

Verso Corporation announced that Brian D. Cullen will become its Senior Vice President and Chief Financial Officer effective June 16, 2021.

American Eagle Paper Mills announced today Allan Bobb, Machine Room Superintendent, and Colin Symons, Furnish Prep Manager, have become the first employees invited to the ownership team since the Mill reopened in 2003.

Verso Corporation has released a statement saying they believe Tuesday's fire at their idled Wisconsin Rapids mill may have started with a lightning strike.

Huhtamaki, a global key advanced manufacturer of sustainable packaging solutions, is setting up a new manufacturing unit in KwaZulu-Natal in South Africa to serve its existing and new egg packaging customers in the KwaZulu-Natal area with a broad range of locally produced packaging solutions.

The fire broke out at the mill during the evening of May 2. It caused widespread damage to the former mill, leaving the building unstable and causing concerns that it would fully collapse. A few days after the fire, crews began to demolish the building out of safety concerns.

Domtar Corporation announced it will expand its Jesup, Georgia based Engineered Absorbent Materials (EAM) facility. The project will play an integral role in helping the company grow its position as a leading global absorbent materials and technology business offering fluff pulp and airlaid nonwoven materials.

PaperWorks Industries, Inc. has announced the appointment of Brian Janki to the posts of President & CEO and member of the Board of Directors effective May 10, 2021. Mr. Janki replaces C. Anderson "Andy" Bolton.

Domtar Corporation announced it will expand its Jesup, Georgia based Engineered Absorbent Materials (EAM) facility. The project will play an integral role in helping the company grow its position as a leading global absorbent materials and technology business offering fluff pulp and airlaid nonwoven materials.

Drax Group will begin constructing the first of three new "satellite" pellet plants in Arkansas. The plants are together expected to produce around 120,000 metric tons of sustainable biomass pellets a year from sawmill residues, supporting the renewable energy company's plans to increase self-supply to its power station in the UK.

On Tuesday sections of the historic Whiting Paper Mill building in Menasha started to be demolished. But city leaders say the potential changes coming to the lakefront property could benefit the community.

The paper mill closed in 2016 after a 134-year history. The mill was known as the George A. Whiting Paper Co. for most of its history, dating to 1882.

ST Paper will seek up to $1.5 million in state job-creation funds to breathe new life into Verso Corp.'s Duluth paper mill, with the full support of the Duluth City Council.

Sylvamo Corporation, a subsidiary of International Paper that is in the process of being spun off into an independent, publicly-traded company, could put its headquarters in Memphis.

Procter & Gamble announced it will hike prices on baby care, feminine care and adult incontinence products in September to respond to higher commodity costs.

Pregis is announcing two new manufacturing facilities in the Dallas area to support growing demand in the Southern region of North America.

Boise Cascade Company announced the transition of its Chief Financial Officer (CFO) and Treasurer position. Wayne Rancourt has communicated his intent to retire effective May 14, 2021. Our Board of Directors has promoted Kelly Hibbs (current VP, Controller) to SVP, CFO and Treasurer, effective upon Wayne's retirement.

As a consequence of its strategic direction, Stora Enso is in the process of exiting the segment of dissolving pulp for viscose production globally.

Kimberly-Clark Corporation announced executive leadership changes in support of its global business strategy.

The capital cost of the initial plant is approximately $300 million and will be funded by a combination of project debt, project equity, government funding and sponsors' equity contributed by Fortune 500 corporate partners who remain confidential at this time.

First Quality Tissue in Anderson is moving forward with an expansion project that will create 200 jobs for the area, bringing the company's projected community impact to more than $400 million in the coming decades.

Following on the heels of Tony Mollica's appointment to CEO of Twin Rivers, the company continues to build on its play to win strategy with the announcement of six new, highly experienced cross-functional team members.