Leading Stories

Resolute Forest Products Inc. says it will close a specialty paper machine at its mill in Alma, Quebec, in a move that will see the loss of about 85 jobs.

Deputies say 42-year-old David Scott Long was on the scaffolding crew when his harness became tangled in a machine and he fell in. It was the second death at the paper mill this year.

Environmental group Greenpeace said Monday, 2 March 2015, it had suspended cooperation with paper giant Asia Pulp and Paper after an Indonesian farmer was allegedly beaten to death by guards linked to the company.

Tradition/TFS is closing its pulp and paper risk management business effective today, 27 February 2015 after 18 years of service.

Harold "Terry" McGraw III has decided to step down as chairman of the board for McGraw Hill Financial after more than three decades with the company.

Andritz Oy has filed a summons application with the Stockholm District Court against Valmet AB, a subsidiary of Valmet Corporation, regarding patent infringement.

Catalyst Paper Corporation announced that Brian Baarda, Vice President, Finance and Chief Financial Officer, has decided to leave the company to advance his career in a more senior leadership role with another organization.

Quad/Graphics Inc. announced that it has purchased Marin's International, a French company known for its patented, pop-up displays for in-store advertising

The 44,000-square-foot facility would be built on land already owned by the company and will produce specialty filter papers using a proprietary system.

Solenis LLC announced this week that it has completed the previously announced acquisition of Clearwater Specialties LLC, a privately-held specialty chemical company dedicated to the tissue and towel market. The deal includes all assets, intellectual property and business associated with Clearwater Specialties LLC and Clearwater Chemicals LLC.

Universal Forest Products, Inc. (UFPI) closed on the acquisition of certain assets of Caldwell, Idaho-based Rapid Wood Mfg., LLC, a supplier of lumber products to the region's manufactured housing and recreational vehicle industries.

Company is planning a reduction of approximately 1,000 jobs worldwide.

KapStone plans to modernize its facility and upgrade equipment. The new machinery will allow the company to increase production to satisfy customer demand and take on new contracts.

Taylor Pulp employs 106 people and has an annual production capacity of 220,000 metric tons of bleached chemi-thermo-mechanical pulp.

The $2.1 billion expansion of the Guaiba pulp mill will add 1.3 million tons of eucalyptus pulp capacity, bringing CMPC's total hardwood and softwood pulp capacity to 4.1 million tons per year.

Hadera Paper Ltd. announced that it is selling its 49.9% stake in the Hogla-Kimberly diaper company to its partner Kimberly-Clark Corp. for US $160 million. This sum includes US $10 million, for Hadera Paper not to compete in the diaper market, for at least four years. Hadera Paper said that the sale will yield a profit after tax of US $126 million.

An employee burned on the job Friday morning at the International Paper mill in Ticonderoga, New York, has died.

MeadWestvaco Corp. is selling its European-based tobacco folding carton business. The Richmond, Virginia-based company said Thursday it has signed a definitive agreement with Swedish company AR Packaging Group AB.

Four US papermakers--Domtar Corp., Packaging Corp. of America, Finch Paper LLC and P.H. Glatfelter Co.--are lodging petitions with the US Dept. of Commerce and the International Trade Commission to protest "dumping" in the US of uncoated, sheeted printing and copying papers. The protesting companies are seeking duties on these papers coming from China, Indonesia, Brazil, Portugal and Australia.

UPM announced that it will permanently close down paper machine 2 at UPM Kaukas and paper machine 5 at UPM Jämsänkoski in Finland, along with paper machine 1 at the UPM Shotton mill in the UK. UPM said that production will end by the end of March 2015 at the latest, adding that employee consultation processes

Mohawk Industries, Inc. announced that it has entered into a definitive agreement to acquire the IVC Group, which expands the company's position as the leading global flooring manufacturer. Mohawk is acquiring IVC for approximately $1.2 billion through a combination of cash and equity.

Loggers found a coworker unresponsive on Plum Creek timberland and drove to a high point in the mountains to get cell service to call 911 on Monday

MeadWestvaco's board has approved plans to spin off its specialty chemicals business into a separate, publicly traded company

Clearwater Paper Corp. announced that it has sold its specialty products business and mills to Dunn Paper Inc. for $113.5 million

Twin Rivers Paper Company a global leader in the manufacture of innovative printing and technical specialty papers, has announced the acquisition of specific envelope assets of the Cascades division in East Angus Quebec Canada.