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WestRock Company announced that it plans to reduce its solid bleached sulphate (SBS) mill system production capacity by 200,000 tons by shutting down one paper machine at its Evadale, Texas, mill. This shutdown of the paper machine at the Evadale mill is expected to occur by the end of 2020 and reduce headcount at the mill by 60 employees.
A subsidiary of United States-based International Paper (IP) has filed a notice posted to a Turkish investment oversight agency website indicating it is considering options to sell the stake it holds in Turkey-based Olmuksan International Paper Ambalaj Sanayi ve Ticaret Anonim Şirketi. That company operates containerboard mills and downstream corrugating plants in Turkey.
Commercial Development Company, Inc. (CDC) has acquired the former WestRock retired paper manufacturing facility in Newberg, Oregon. The site was acquired by CDC affiliate Newberg OR LLC. The transaction included the acquisition of real estate assets and a corporate indemnification for legacy environmental liabilities associated with the site. CDC and affiliates will now oversee the sale of equipment and demolition of the buildings.
P. H. Glatfelter Company is changing the name of its parent company to Glatfelter Corporation. In addition, the company completed the construction of its previously announced new Corporate Headquarters in Charlotte, North Carolina.
Sofidel on Monday announced the formal opening of its 1.8 million-square-foot facility in Inola.
As a result of the weakening world economic outlook as well as the COVID-19 related restrictive measures and their consequences, the uncertainty in UPM's market environment continues. To ensure future competitiveness, UPM keeps taking action to decrease fixed and variable costs in its businesses and functions.
PaperWorks is investing $25 million in additional new, state-of-the-art equipment to enhance its North American capacity and innovation capabilities.
Paper use in particular is declining as a result of increased digital technology; this is reflected in the number of mills that have idled or closed across North America.
University of Oulu and Metsä Group have entered into a partnership agreement in which research and educational cooperation will be deepened in order to develop sustainable forest industry. The aim is to increase interaction and work life contacts between students and the company.
Founded in 2014 and based in Matthews, North Carolina, FRCT's business includes a research and development laboratory specializing in developing and testing a wide range of high-performance chemicals, including fire retardants and water repellants.
The sale of Third Dimension, a 29-year-old packaging company, was officially announced to employees and the media during a press conference on Thursday morning. Louis DeJesus, owner and founder of Third Dimension, announced not only the sale to Green Bay Packaging, but a planned expansion project as well.
Verso Corporation announced that Adam St. John has resigned as President and Chief Executive Officer and as a member of the Board of Directors, effective as of September 30, 2020. The Verso Board of Directors has named Randy J. Nebel, a current member of the Board, as interim President and Chief Executive Officer.
An agreement for the acquisition of a controlling stake in Burgo Group S.p.A. ("Burgo") in partnership with the Marchi family has been reached.
LSC Communications, Inc. announced that the U.S. Bankruptcy Court for the Southern District of New York (the "Court") has approved its previously announced stock and asset purchase agreement, under which an affiliate of Atlas Holdings LLC ("Atlas"") with the support of certain of LSC's secured creditors (the "Creditor Group"), will acquire substantially all of the Company's assets.
The Verso pulp and paper mill has been idled since July 31 as Verso seeks a buyer.
Firefighters quickly extinguished a fire at a Pratt Industries mill in Staten Island, N.Y. Tuesday afternoon.
Domino's and WestRock are both members of The Recycling Partnership - a nonprofit dedicated to improving accessibility to and quality of recycling. Domino's, WestRock and a second box supplier, Pratt, partnered to fund The Recycling Partnership's development of materials for municipalities to update their recycling programs to include pizza boxes.
About 400 unionized workers should expect to receive severance in coming weeks.
After decades, the Georgia Pacific Gypsum plant is closing its doors and moving out of the Quanah area, leaving over 150 employees uncertain about their future.
Benjamin William Pascall and Lyndon Michael Quinlivan died after being exposed to the gas on May 24, 2018 at the Ettamogah mill, near Albury, and operated by Norske Skog Paper Mills (Australia) Limited.
Mission Forest Products, a subsidiary of Timberland Investment Resources, is building a sawmill in Corinth that will bring 130 jobs by 2022.
Boise Cascade Company announced that it has completed the purchase of a new property with building structures in Gallatin, TN.
Notices of violation filed after dye spill at Roaring Spring paper mill.
As a company, Mondi's goal is to continuously delight their customers with innovative and sustainable packaging and paper solutions. To do that, they wanted to get closer to their customers to better understand their unique needs and provide them with tailor-made information, in a way that is scalable and future-proof.
In addition to enabling formaldehyde free coating, the new coating machine will also reduce CO2 emissions by an estimate of 20%, further strengthening Ahlstrom-Munksjö's position as a supplier of sustainable fiber-based solutions.
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