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Metsä announced it had chosen Goole as the site for this landmark investment in September 2023. The planned investment would be worth hundreds of millions of pounds.
Dakota Austin Cline died from blunt trauma to his head, neck and torso,
The Paper Workers' Union has terminated its collective agreements with UPM Pulp, UPM Communication Papers, UPM Specialty Papers, UPM Raflatac and UPM Biofuels businesses to expire mid-term on 21 or 22 April 2024, depending on the agreement.
Nordic Paper Holding AB (the "Company") has noted that Shanying International Holding Co., Ltd has announced that Shanying intends to sell all or part of its stake in Nordic Paper. It is further noted by the Company that the intentions are at an early stage and that there can be no guarantee that a sale will be achieved or at what terms, including price.
Enviva Inc., a producer of wood-based biomass, disclosed the execution of two Restructuring Support Agreements (RSAs) with its creditors, aiming to reduce its debt by approximately $1 billion.
Finnish paperboard producer Metsa Board said it expects to temporarily shut down one of its mills later this week due to a two-week political strike affecting Finland's harbours and railroad system.
Heavy machinery appeared to have played a role in the 32-year-old man's death, according to the Camas Police Department.
Spinnova Plc and Suzano S.A. have signed a Letter of Intent (LOI) regarding a potential new production facility for wood-based SPINNOVA® fibre.
Godfrey Forest Products, a developer of engineered wood products like oriented strand board, plan to open a new mill on the land, creating 125 new jobs.
William Thompson was booked into the Cass County Jail after the Texas Department of Public Safety (DPS) executed a search warrant at his home on Monday, where alleged stolen items from Graphic Packaging were found by law enforcement.
The change negotiations cover approximately 820 persons in UPM Pulp Finland's operations, approximately 340 persons in UPM Timber sawmills and approximately 1,100 persons in UPM Communication Papers Finnish mills.
Deal represents a 33% premium to DS Smith's closing share price on Feb 7.
Irving Forest Products, which operates sawmills in Ashland and Dixfield, Maine, announces the acquisition of Mill Services, Inc's value-added operation in Cobleskill, New York.
Mondi recently puts a new slitting and rewinding unit into operation at its Slovak paper mill in Ružomberok. The equipment allows for an extended capacity in narrow reels thus complementing Mondi's portfolio offering.
Through this expansion project, which received investments totaling $14.5 million and created 16 jobs, Kruger Products commissioned a new facial tissue converting line at its Richelieu Plant in November 2023. The additional equipment will increase the production of facial tissue by 25%.
The company says the cessation of white paper production in in the Latrobe Valley contributed to the decision.
The new Mumbai terminal, operational since February, will soon see the addition of another slitting machine. Its strategic central location extends UPM Raflatac's reach across the country.
Södra has decided to invest in a new condensing turbine in the pulp mill at Mörrum, which will increase the county of Blekinge's electricity generation by 20%.
Huhtamaki is planning to consolidate the production footprint in China in the Fiber Foodservice Europe-Asia-Oceania segment and will close its production sites in Tianjin and Shanghai by the end of Q2 2024.
Mercer Mass Timber, a subsidiary of Mercer International Inc., announced the launch of its mass timber erection division: Mercer Mass Timber Construction Services.
The woodyard at Irving Pulp & Paper in west Saint John, New Brunswick, Canada, is reaching new heights in technological advancement with a C$110-million (approx. $81 million) project to update how the site receives and stores woodchips.
UFP Industries' UFPI affiliate, UFP Packaging, inaugurated a new production facility and breakroom in Warrens, WI. The 11,840 sq.-ft. production facility and 2,400 sq.-ft. breakroom mark a significant expansion, allowing UFP Packaging to enhance its wood packaging offerings and accommodate up to 12 additional staff members.
"We are excited to be partnering with Verso Energy on this endeavor"
On December 15, 2023, Essity announced that Isola Castle Ltd, a company indirectly wholly owned by Asia Pacific Resources International Limited (APRIL), has announced that it will make a pre-conditional public offer to the shareholders of Vinda International Holdings Limited (Vinda) to acquire the shares in Vinda for a price per share of HKD 23.50.
Mondi, under UK takeover rules, has a 'put up or shut up' deadline of March 7.
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