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Agreement will expand ArborGen's presence and availability of genetically improved Eucalyptus seedlings in the state.
Crews from the Longview Fire Department responded to a fire Monday evening at Nippon Dynawave Packaging facility.
Western Pulp will cease production operations at its Jacksonville facility at the end of the month, while continuing its shipping operations to help customers manage the transition to new suppliers, according to the company's announcement Tuesday, Aug. 15.
UPM Blandin will now under go a "phased startup" dictated by returning demand for coated magazine papers.
Ostrest GmbH to assume ownership effective August 15, 2023 with site to remain fully operational.
Hank Ketcham, Chairman of West Fraser's Board of Directors, announced that Ray Ferris, President and Chief Executive Officer, plans to retire on December 31, 2023.
Cascades inc., a leader in the recovery and manufacturing of green packaging and hygiene products, announces that the second paper machine at its St. Helens, Oregon Tissue plant will be closed, resulting in the complete shutdown of the facility. The end of operations will be effective at the beginning of October.
After this accident, people created ruckus by keeping the dead body of the deceased laborer on the road and demanded permanent job and compensation to the affected family.
Ms. Baker joins Clearwater Paper with extensive finance and executive leadership experience. In her last two roles she served as CFO, first at PGT Innovations and then at Hyliion Holdings.
The investment will be financed by bank loans and equity and is expected to be completed during the first half of 2025.
Timothy Hess has decided to step down from his position as President and Chief Executive Officer for health reasons, effective August 7, 2023. In addition, the Company's Board of Directors announced that following a comprehensive search process, it has selected Ross Bushnell to succeed Hess as Pixelle's President and Chief Executive Officer.
Shareholders to Receive $170 Per Share in Cash
One employee was transported to the hospital to be treated for heat-related injuries.
First Quality Enterprises, LLC announced the successful closing of its previously announced acquisition of Domtar Corporations' pulp mill located in Dryden, Ontario, Canada. The Dryden Mill produces high quality Northern Bleached Softwood Kraft pulp for customers in North America.
No injuries were reported. The fire was extinguished shortly after firefighters arrival.
The proposed acquisition is expected to add approximately $200 million in sales, $30 million in Adjusted EBITDA and will support strategic priorities of increasing integration rates and expanding customers and categories.
DS Smith, a leading sustainable packaging provider, announced it has entered into an agreement to acquire Bosis doo, a high-quality packaging company in Serbia.
The company announced in mid-July that it would be shutting down the facility and all other upstate facilities, leaving about 350 employees without work in South Glens Falls. Facilities affected include a warehouse and distribution center in Saratoga Springs and a converting facility in Greenwich.
The Cerrado Project will produce 2.55 million tons of pulp a year, increasing Suzano's market pulp installed production capacity to 13.5 million tons a year.
The curtailment at the Crofton site will be extended to the end of August. This includes pulp, paper and shipping operations. Global pulp and paper prices have continued to decline through July, mainly driven by high inventories and weak demand.
The Tacoma mill employs approximately 400 people.
Headquartered in Toronto, Canada, Hanna processes 300,000 tons of paper annually through its eight recovery facilities across North America. The company employs approximately 200 employees and services over 1,000 customers.
UPM Biochemicals has acquired SunCoal Industries GmbH, a German-based company that developed a unique technology portfolio to produce performance products from renewable raw materials.
Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, today announced that, on August 1, 2023, it completed the previously disclosed sale of the Thunder Bay (Ontario) pulp and paper mill to an affiliate of Atlas Holdings, pursuant to the terms of the asset purchase agreement dated May 26, 2023.
Company intends to use net sale proceeds of approximately $575 million to reduce debt.
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