Leading Stories

Company to upgrade fiber preparation line driving improved efficiency, sustainability and reliability.

Founded in 1946 by Thom Brawner, the Company has been a driving force in the paper and janitorial supply industry for over 70 years.

The firm announced that its board approved Joao Alberto Fernandez de Abreu, current head of rail operator Rumo , as its new CEO, replacing Walter Schalka.

SRM Concrete bought the 300-acre industrial parcel for $30 million. The company said this property fits the needs of their ready mix company which specializes in producing materials to make concrete.

The change negotiations concerning the Merikarvia sawmill of Metsä Fibre, part of Metsä Group, which began in January, have ended. After the change negotiations, the company decided to close down the operations of the Merikarvia sawmill by the end of June 2024.

Tetra Pak announced that it will close its packaging material production in Jurong and consolidate the Singapore-based production into its other factories in the region.

The arrangement aims to further increase the flexibility of Metsä Group's wood supply. All Metsä Forest Eesti AS employees will transfer to the new owner's service as existing employees.

Three firefighters were evaluated for injuries.

Suzano has signed an agreement with Japan's Mitsui & Co, focusing on the development of new bioeconomy businesses based on the potential of sustainable biomass.

The Fedrigoni Group announces the acquisition of certain assets of Mohawk Fine Papers, Inc., the company it entered into an industrial partnership with last September 2022 to strengthen the distribution of specialty fine papers in the North American market.

The company said it "restarted the previously idled A62 paper machine in 2021 at a time when our North American customer base needed additional supply of uncoated freesheet paper," but now "demand for these products has reached a level that no longer requires this production capacity."

International Paper is in the process of starting up its Riegelwood Mill after shutting it down due to a cyberattack, a company spokesperson said Thursday morning.

Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions and print products and solutions, announced today that it has acquired Vivabox Solutions, a full-service provider of customized, premium marketing solutions including tailored, multi-brand kitting solutions and packaging products for global luxury and premium consumer brands.

Pipefitter Gary Lefebvre, 45, was injured in a Jan. 31 accident at Intercontinental Pulp Mill in Prince George.

The investment will increase its production in Austria by 20%.

The transaction value is approximately $700 million, based on Adjusted EBITDA of approximately $100 million.

Effingham County Fire Rescue says they'll continue to fight a lumber yard fire into the night, this after crews have been there most of Sunday afternoon, Feb. 18.

Nearly 100 workers lost their jobs at Mohawk Fine Papers, Inc., when the company announced an immediate shutdown during a meeting with employees on Tuesday afternoon.

The Supreme Administrative Court of Finland dismissed the appeal made against the environmental permit package for Metsä Group's Kemi bioproduct mill, as well as the appeal regarding the decision on the environmental permit package issued by the Vaasa Administrative Court on November 14, 2022.

Interfor announced that it will indefinitely curtail its sawmill operations in Philomath, Oregon. This curtailment is in response to persistent high log costs in the region and ongoing weak lumber market conditions.

Enviva, the leading exporter of wood pellets in the United States, is on the brink of filing for Chapter 11 bankruptcy following a significant misjudgment in future commodity prices, which led to substantial financial losses. Maryland-based company might proceed with the bankruptcy filing by the end of this week, pending the expiration of a 30-day grace period due to a missed $24 million interest payment to bondholders, according to reports.

Metsä Group's tissue and greaseproof paper business is investing in three new state-of-the-art converting lines for folded and rolled tissue paper to its mill in Mariestad, Sweden. The investment will enable large scale high quality hand towel production in Scandinavia. In addition it entails efficiency and energy savings as well as improved working environment and safety.

Members at more than four dozen WestRock locations across 24 states voted in December to ratify a new four-year master agreement covering more than 5,500 USW members.

Stora Enso also reports against the SASB's Sustainability Accounting Standards for Forest Management and Containers & Packaging.

Brazilian federal prosecutors are asking a judge to unwind a 2017 deal handing control of pulp and paper company Eldorado from Brazilian firm J&F to Paper Excellence Group, citing restrictions on foreign land ownership.