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"Mr. President, if it weren't for your presidency, this mill would not be here today," said Anthony Pratt, executive chairman of Pratt Industries, at his company's new paper mill in a small Ohio city best known for being the birthplace of astronaut Neil Armstrong.
In 2020, Stora Enso's estimated capital expenditure will be Euro 800-850 million, including Euro 200-230 million for the Oulu mill conversion and Euro 80-100 million for biological assets.
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The 250-year-old Stoneywood Mill was plunged into chaos in January when its owner Arjowiggins Fine Papers, and its parent company Sequana, went into administration.
WestRock Company has provided an estimate of the impact of Hurricane Dorian on its fiscal fourth quarter financial results.
The jewel in his crown is a new mill in Wapakoneta, Ohio, which cost $US270m to build and represents Mr Pratt's biggest US investment in what is the small home town of astronaut Neil Armstrong.
Columbia Pulp is in the final stages of launching the first straw pulp mill of its kind in North America.
Tolko Industries is cutting back its operations at a lumber mill in Kelowna, affecting 127 jobs as the company becomes the latest in the industry to announce a shutdown in British Columbia.
Resolute Forest Products said it spent almost $35 million to maintain its Fort Frances mill in a "hot idle" state after it was shut down in 2014. Despite that, the new owner of the mill says the paper machine and other infrastructure is in a state of serious deterioration.
Metsä Group has scheduled several planned annual maintenance shutdowns at its pulp mills for the autumn of 2019.
Universal Forest Products has acquired Hartford, Wisconsin-based Pallet USA, LLC, the company announced.
Metsä Board, part of Metsä Group, has started a new paperboard sheeting line at its Äänekoski mill in Finland.
The Times-Dispatch reports that on Sept. 13, a lawyer representing Lindenmeyr Munroe, Domtar Corp., and G.E. Richards "filed an automatic notice of stay with the bankruptcy court to stop any creditors from selling off assets or collecting claims."
A structure fire was reported at the Louisiana-Pacific manufacturing facility south of Hayward at 5:30 a.m. Sunday, Sept. 15. The cause of ignition is under investigation.
According to a press release from the White House, he will begin the day in Houston, Texas, with an event with Prime Minister Narendra Modi of India. Then he will travel to Wapakoneta to tour Pratt Industries with Prime Minister Scott Morrison of Australia.
Cascades has completed the previously announced acquisition of Orchids Paper Products assets.
Weyerhaeuser Company announced Monday an agreement to sell its 555,000 acres of Michigan timberlands to Lyme Great Lakes Holding LLC, an affiliate of The Lyme Timber Company LP, for $300 million in cash.
The Town of Fort Frances is trying to seize some heavy equipment belonging to the new owners of the former Resolute Forest Products sawmill in an effort to recover unpaid taxes.
Georgia-Pacific will invest up to $70 million to upgrade its plywood and lumber operations here adding advanced, innovative technology and systems, and helping sustain the more than 700 jobs at the facilities.
A man is dead after he was doing contract work at Lewiston's Clearwater Paper mill on Monday and had to be taken to the hospital.
Sofidel has decided to abandon use of disposable plastic items in its workplaces.
As many as 10,000 tree seedlings have been planted on degraded land in Riau province by giant paper producer Asia Pulp & Paper (APP), a subsidiary of Sinar Mas Group.
West Fraser Timber Co. Ltd. says it will introduce variable operating schedules at five of its British Columbia sawmills, resulting in an estimated 15 to 25 per cent decrease in production.
UPM plans to permanently close a SC paper machine in Rauma, Finland and sell its Chapelle newsprint mill in Grand-Couronne, France. If realized, the measures would result in a reduction of 265,000 tonnes of SC capacity and 240,000 tonnes of newsprint capacity in UPM's portfolio.
A Sonoco employee injured Sunday in an accident at the company's Hartsville Manufacturing Complex is still undergoing treatment for burns he suffered in the incident, the company said Tuesday.
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