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Showing 9 articles from December 19, 2016.

Industry News

Mondi: Russia has ended anti-monopoly probe
Mondi: Russia has ended anti-monopoly probe

Mondi Ltd. said Monday that Russian anti-monopoly regulators have terminated their investigation into unit Mondi Syktyvkar due to the absence of a dominating market position of the unit during the investigation period.

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Former employee draws federal sentence for defrauding Georgia-Pacific of $456,000
Former employee draws federal sentence for defrauding Georgia-Pacific of $456,000

A former Georgia-Pacific worker was sentenced Thursday to 68 months in federal prison followed by three years of supervised release on one count of conspiracy to commit wire fraud and three counts of money laundering.

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Glatfelter Announces Planned Executive Leadership Transition in Human Resources
Glatfelter Announces Planned Executive Leadership Transition in Human Resources

Glatfelter announced that Senior Vice President of Human Resources & Administration, William T. Yanavitch II, will retire from the company, effective March 31, 2017.

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Fire at Expera Specialty Solutions facility
Fire at Expera Specialty Solutions facility

When crews arrived, the sprinkler fire system had knocked down most of the fire. Firefighters found fire and heavy smoke in the ventilation system and was able to extinguish the fire quickly.

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Leading Stories

Tolko mill shuttered, company open to offers
Tolko mill shuttered, company open to offers

With its Merritt mill now closed, Tolko remains open to selling the site, but is not actively trying to sell the property.

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Clearwater Paper Acquires Manchester Industries
Clearwater Paper Acquires Manchester Industries

Clearwater Paper Corporation announced it has acquired Manchester Industries of Richmond, Virginia, a leading, independently-owned paperboard sales, sheeting and distribution supplier to the packaging and commercial print industries.

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Södra invests at nursery in Falkenberg to become fossil-free
Södra invests at nursery in Falkenberg to become fossil-free

Södra is investing SEK 6 million ($642,233) in its Falkenberg nursery in Sweden.

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SCA enters wound care with $2.9 billion deal
SCA enters wound care with $2.9 billion deal

Svenska Cellulosa AB will acquire BSN Medical for 2.74 billion euros ($2.9 billion) as the Swedish maker of Velvet tissues expands into wound care and orthopedics ahead of a planned split from forestry products.

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Universal Forest Products senior executive sentenced to prison time
Universal Forest Products senior executive sentenced to prison time

A Universal Forest Products executive was sentenced in federal court on Thursday to 50 months in prison for conspiracy, mail fraud, money-laundering and making false statements in a loan application in connection with the construction of Vineyard Commons in Highland, N.Y.

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