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Suzano has unlocked roughly R$76 million in new opportunities while aligning sustainability with profitability.
Veritiv Operating Company, a leader in specialty packaging distribution, announced today that it has signed a definitive purchase agreement to sell Veritiv Containers, the company's rigid packaging business (formerly All American Containers) to TricorBraun.
The deal represents a 32.4% premium to Pactiv's closing price on Dec. 2, a day before it was first reported that Novolex was considering purchasing the company.
There was an open area fire on Friday afternoon, Savannah Fire Department confirmed.
Enviva, LLC, a leading producer of industrial wood pellets, announced its successful emergence from Chapter 11 bankruptcy protection, marking a significant milestone in the Company's strategic transformation.
Kruger Products Inc., a company in which KP Tissue Inc. holds an equity interest, announced that, after successfully starting-up its new tissue plant in Sherbrooke, Quebec, it is evaluating advancing the construction of its next tissue plant in response to increased market competition in the fast-growing ultra-premium segment.
The negotiations involved a total of 1,100 employees at the Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele and Äänekoski mills.
Green Bay Packaging Inc. on Wednesday announced a multi-year investment to modernize its 59-year-old pulp and containerboard mill about 40 miles northwest of Little Rock, Arkansas.
Apollo Global Management Inc.-owned packaging company Novolex is exploring a potential takeover offer for Pactiv Evergreen Inc., according to people familiar with the matter.
Firefighters say there were no injuries and the fire only caused minimal damage to the baghouse equipment.
The background is that the former main shareholder, Chinese Shanying International Holding, wanted to sell its holding in Nordic Paper and therefore presented SVP as a buyer.
Two of the country's largest pulp and paper unions, Unifor and the Public and Private Workers of Canada (PPWC), have selected Kruger, Inc. in Kamloops, B.C. as the target to establish pattern bargaining across the forestry sector in Western Canada.
The statutory negotiations at the Suolahti mill concerned all the plywood mill's employees, in total about 370 people.
Swedish pulp and paper company Billerud announced it's investing in upgrades worth 1.4 billion Swedish kronor, about $127 million, at its U.S.-based production facilities. The majority, worth about $109 million, will go toward its graphic paper mill in Escanaba, Michigan, where earlier this year the company canceled a project to convert the plant into a cartonboard production facility.
Irving Paper will once again shut down 50 per cent of its operations beginning Monday December 2nd in response to NB Power's record high industrial electricity rates, and remain down for at least a week.
Domtar is a separate company from APP with its own management structure and governance. Domtar and APP will remain distinct entities, with no operational overlap and independent governance structures.
Industry minister also called to appear before natural resources committee.
Communications Advisor for Tolko Chris Downey said this temporary downtime is due to high fibre costs, poor weather conditions during the harvesting season, and the weak North American lumber and plywood markets.
Visy partnered with two solar energy companies on the initiative, which aligns with Visy's ongoing commitment to sustainability.
Ahlstrom, a global leader in fiber-based specialty materials, has acquired ErtelAlsop, a New York based manufacturer of high-performance liquid depth filter media serving end-markets in the pharmaceutical, food & beverage, flavors and fragrances, and chemical industries.
Approximately 1,600 employees were included in the scope of the change negotiations. As a result of the negotiations, a reduction of a maximum of 88 positions will take place.
The expansion works at the industrial complex located in the state of Durango include a new impregnation center and a melanin line, which will supply value-added products to the subsidiary's eight plants in Mexico, the United States and Canada.
Twelve units and 60 firefighters were able to bring the fire under control just after 8 p.m., said the FDNY. EMS units were also on scene.
Officials say no injuries or fatalities were reported.
Canada will keep tabs on promises made by Paper Excellence, Natural Resources minister says.
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