Major Announcements

Oregon-based Total Fiber Recovery LLC will invest $49 million to establish its first pulp recycling facility in Chesapeake, creating 68 jobs, Gov. Ralph Northam says.

DS Smith announced the opening of its first recycling facility in the United States, the company's latest expansion of its business operations in North America.

Stora Enso is offering a possibility to follow its Annual General Meeting (AGM) via webcast as a precautionary measure to decrease any risk of infection of the new COVID-19 coronavirus.

Verso Corporation on March 11 announced that Michael A. Weinhold has resigned as President of Verso, effective March 10, 2020.

Rayonier Advanced Materials Inc. announced that the Company's Board of Directors will nominate and appoint two new independent directors to the Board.

McKinley Paper Company is producing paper at a mill that had been dormant for three years, a representative for the state agency referring job applicants to the mill said Wednesday.

LSC Communications, Inc. announced that Sententia Group, LP has nominated 6 individuals to stand for election as directors at LSC's 2020 Annual Meeting of Shareholders.

Paperitalo Publications Senior Editor Charles Edward "Chuck" Swann passed away Monday, Feb. 17, 2020 at the age of 87.

Ingevity Corp. announced that D. Michael Wilson agreed to resign as CEO, president and director, effective immediately.

Former Weyerhaeuser CEO John "Jack" Creighton died Jan. 29 at the age of 87.

Packaging and paper group Mondi Plc. said Tuesday that Andrew King, Group Chief Financial Officer and a director of the company, will be appointed as Group Chief Executive Officer or CEO with effect from 1 April 2020.

In order to gain an overview of the spread of the spruce bark beetle, Holmen has developed an analytical tool showing actual areas of damage on a map.

Neenah, Inc. announced that John P. O'Donnell will retire as Chief Executive Officer and as a member of the Board of Directors effective on May 21, 2020, and that the Board of Directors has unanimously elected Julie A. Schertell, Senior Vice President and Chief Operating Officer, to succeed him in both roles.

Södra's CFO, Peter Karlsson, will take over as Interim President after Lars Idermark from 20 February.

Glatfelter said it plans to relocate the company's corporate headquarters from York, Pennsylvania, to Charlotte, North Carolina, in mid-2020.

Sonoco Products Co. said that Chief Executive Robert Tiede has retired, after about 21 months in the role, and about 16 years with the company.

Verso Corporation and Lapetus Capital II LLC (together with its affiliates, including Atlas Holdings LLC, "Atlas") and Blue Wolf Capital Advisors IV, LLC ("Blue Wolf") and their respective affiliates, announced that they have reached an agreement to settle the pending proxy contest with respect to the Company's 2019 Annual Meeting of Stockholders (the "Annual Meeting") and certain other matters.

After just over seven years as President and CEO, Lars Idermark has informed the Board that he will be leaving Södra. The Board will now initiate a recruitment process for a new President and CEO.

Some 9,000 workers at Finnish paper mills will start a three-week strike on Monday, Jan. 27 after wage talks broke down, their labor union said in a statement, the latest in a series of labor conflicts to hit Finland.

CatchMark Timber Trust, Inc. announced that Brian M. Davis, previously President and CFO, will succeed Jerry Barag as the company's next CEO and join the company's Board of Directors, effective immediately.

McKinley Paper Company is expected to be running at full capacity at the former Nippon Paper Industries USA plant in March, three years after operations ceased at the 100-year-old Ediz Hook mill.

Arsen S. Kitch will lead paper and tissue manufacturer Clearwater Paper Corp. beginning April 1.

"Pixelle provides innovative solutions to our customers," said Tim Hess, CEO, Pixelle Specialty Solutions, "and this new state-of-the-art website is our latest solution to enhance our customers' experience with us as their supplier and partner."

Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.

Over the next three years, J.D. Irving, Limited (JDI) is forecasting over 6,800 full time hires as well as 2700+ student hires across the company's diverse operations in Canada and the U.S.