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SCA's acquisition of Wausau Paper, a leading North American Away-from-Home Tissue Company has been closed for the total consideration of USD 513 million in cash. SCA will consolidate Wausau Paper as of 21 January 2016.
The transaction is scheduled to occur on Thursday, 21 January 2016 for total consideration of USD 513 million in cash.
Unifor says it has reached a tentative contract agreement with Resolute Forest Products covering one group of workers in a deal the union hopes will set a pattern across Quebec's forestry sector.
Arctic Paper has announced that the management of the company's subsidiary, Arctic Paper Grycksbo AB, has started negotiations with the unions with the aim of reducing fixed costs and to further increase the efficiency of the Grycksbo mill.
WG Anderson is a premier folding carton manufacturer with a focus on store branded food and consumer products markets. The company operates two world-class sheet-fed folding carton converting facilities located in Hamel, Minnesota and Newton, Iowa.
The new PCC plant is scheduled to start production in Q1/2017 with a capacity of 150,000 dry metric tons per year.
Two fire engines were dispatched to a Kimberly-Clark facility at around 8 p.m. Wednesday night after a fire broke out in a machine used to cut the large paper rolls into smaller, toilet rolls.
The Montville facility, which produces about 166,000 tons of corrugated packaging per year, was temporarily shut down in October.
The mill, which is operated by a subsidiary of OKI Pulp & Paper Mills, has been touted to be the largest in Asia, boasting up to two million tons of pulp in annual capacity.
Colorpak operates three folding carton facilities that convert approximately 38,000 tons of paperboard annually into folding cartons for the food, beverage and consumer product markets.
Firefighters are at the Verso paper mill in Jay for a reported chemical fire.
Kruger's Memphis mill just three years ago completed a $350 million expansion and upgrade. Kruger officials indicate that their Memphis facility could be expanded yet again.
Production has been suspended indefinitely at Kruger Inc.'s Gatineau mill following an intense fire early Saturday.
Saharanpur based Star Paper Mills employees had the shock of their lives Wednesday when they entered the premises of the mill and found a leopard stealthily moving around. Panic spread and before anyone could react, the cat injured one.
Verso continues to evaluate other potential asset sales in connection with its exploration of various debt restructuring alternatives.
Graphic Packaging Holding Company announced that its wholly-owned subsidiary, Graphic Packaging International Holdings Mexico, has completed acquisition of G-Box, S.A. de C.V., one of Mexico's leading folding carton producers.
Thirteen area fire departments battled a machine fire at the Putney Paper division of Soundview Paper early Tuesday morning.
The federal government said it will mount a vigorous defense against a $70-million claim for compensation that Resolute Forest Products plans to file under the North American Free Trade Agreement.
The company has acquired integrated paper-based packaging businesses Industria de Embalagens Santana (INPA) and Paema Embalagens (Paema).
KapStone Paper & Packaging will temporarily lay off 25 employees at its Longview box plant for most of the winter due to falling seasonal demand for its paper products, the company confirme.
Resolute Forest Products Inc. is seeking damages of more than $70 million under the North American Free Trade Agreement, citing losses it blames on the government-aided revival of an idled paper mill in Nova Scotia.
Just weeks after DuPont Co. announced plans to merge with Dow Chemical, the Delaware company notified employees Tuesday that about 1,700 jobs will be eliminated...
A group of former and current employees of South Carolina based ArborGen, Inc., have been awarded damages of $53,508,288.00 against ArborGen, Inc., and its founding and current members, MeadWestVaco Corporation (MWV) now WestRock, International Paper Company and New Zealand-based Rubicon, Ltd.
A new lignin operation to be established at the Rayonier Advanced Materials plant in Fernandina Beach will be called LignoTech Florida LLC.
The members of United Steelworkers Local 27 employed at Woodland Pulp LLC have authorized a strike. But both union and mill officials hope it won't come to that.
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