|
|
Södra Ädla is a new partner of Nordic Forestry Automation (NFA). The company develops next-generation operator support systems for forest machines based on sensor technology from autonomous vehicles and AI algorithms. The investment is done together with Sveaskog and Almi Invest Syd and comprises a total of SEK 10 million.
The hygiene and health company Essity has completed the divestment of its operations in Russia for a purchase price of approximately SEK 1.2bn on a cash and debt-free basis. Essity has thus exited Russia.
Huhtamaki is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately $30 million, and the warehouse and manufacturing facility will be leased.
Construction is expected to begin in the next 18 months, once the sale closes.
These two plants have a revenue of Euro 105 million in 2022, and provide direct employment to 247 people.
The paper mill currently owned by Billerud Wisconsin has been idle since Verso shut down operations in 2020, although converting operations have continued on-site.
Following the announcement of a tentative agreement in the labour dispute at B.C. ports, Canfor Pulp Products Inc. is announcing that Northwood Pulp Mill in Prince George will resume production next week (the week of July 17).
Ilim Group announces that Kseniia Sosnina has stepped down from her role as the Company's CEO due to the expiration of her employment contract. Aleksey Lomko, Senior Vice President Legal, has been appointed Acting CEO.
Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has established a subsidiary in Suining City, Sichuan Province, China through its wholly owned subsidiary. The new subsidiary, Tri-Wall Bozheng Packaging Technology Co. Ltd., manufactures and sells heavy duty and general corrugated board and cases, and has started operation of its plant.
Roseburg has announced that Grady Mulbery will retire from his position as President and CEO, effective Sept. 30, 2023. As part of this planned leadership succession, Roseburg's board of directors unanimously elected Chief Operating Officer Stuart Gray to succeed Mulbery as president and CEO, effective Oct. 1, 2023.
The curtailment is due to limited storage space for pulp products that cannot be transported overseas as a result of the ongoing labour dispute at B.C. ports. The downtime is expected to remain in place for the duration of the labour dispute and will remove approximately 11,000 tonnes of market kraft pulp per week.
The Rock Hill facility manufactures recycled paperboard tubes. The location was one of 80-plus Caraustar facilities Greif acquired in the U.S. in a $1.8 billion deal in 2019.
In a notice of violation issued Monday, July 10, the N.C. Department of Environmental Quality has accused Pactiv Evergreen of dumping chemicals directly into its wastewater treatment system rather than disposing of them properly, as required by the company's permit.
The country's location enables Smurfit Kappa to serve not only the local market but wider regions in Africa.
A federal judge refused to toss out claims of private nuisance and negligence in a class action lawsuit against Kalamazoo paper mill, Graphic Packaging International, according to court records.
Transaction Represents 67th Acquisition for Leading Distributor of Foodservice Packaging and Janitorial Sanitation Products
Mondi plc (Mondi), a global leader in the production of sustainable packaging and paper, has agreed to acquire the 250,000 tonne per annum Hinton Pulp mill in Alberta, Canada, from West Fraser Timber Co. Ltd (West Fraser) for a total consideration of USD 5 million.
Fire crews from Port Alberni, Cherry Creek, Beaver Creek and Sproat Lake fire departments took hours to put out a fire in the Paper Excellence Catalyst paper mill in Port Alberni on Friday, July 7.
The Canadian government has announced an investment of $3.5 million in the construction of 2150 Keith Drive, an innovative hybrid mass timber commercial office building in Vancouver's False Creek Flats neighborhood. The funding will be provided through the Green Construction Through Wood (GCWood) Program, which aims to promote the use of wood as a low-carbon construction material in infrastructure projects.
Sappi Stockstadt Mill is an integrated pulp and paper mill located in Germany, producing 145,000 tpa of pulp which is used to produce 220,000 tpa of coated and uncoated woodfree paper mainly sold into the European print market.
In combination with the PM3 paper mill next door, the new power plant will deliver an additional saving of around 80,000 t of CO2 each year.
Lead Fire Investigator Kyle Murray reports that the fire began at a power reactor outside the plant and Macon-Bibb County Fire crews were able to keep the blaze contained to that area.
The curtailment will affect about 450 workers.
Georgia-Pacific recently invested $120 million into Pineland Lumber in Pineland, Texas, making it the largest sawmill in the South.
Following the announcement on 15 December 2022 of the agreement to sell its three Russian packaging converting operations to the Gotek Group for a total consideration of RUB 1.6bn, Mondi plc ("Mondi") confirms that Gotek Group received all requisite approvals and the sale has now completed. Mondi has received net proceeds of €30.4m from this disposal into its Austrian bank account.
|
|
|
|
