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Greif, Inc. announced that it has entered into exclusive negotiations to acquire I PACKCHEM Group SAS, a global leader in premium barrier and non-barrier jerrycans and small plastic containers, from an affiliate of SK Capital Partners, in a cash transaction valued at $538 million.
Developed by the Sustainable Apparel Coalition (SAC), the Higg FEM is part of a suite of tools that enables manufacturing facilities of all sizes to measure and score their environmental performance against a standard set of criteria, allowing for meaningful and credible performance benchmarking in the apparel and textile sector.
UPM supports the third and final phase of the Hiitolanjoki river restoration project in South Karelia, where the dam of the Ritakoski hydropower plant was demolished and the rapid restored. The restoration will allow Ladoga's landlocked salmon to rise to its old spawning waters and improves the status of the aquatic habitat of the river.
The Putnam County Fire Rescue reported a fire at the Georgia Pacific Paper Mill in Palatka Wednesday night, Oct. 25.
Resolute Forest Products Inc., in collaboration with Performance BioFilaments, has taken another step toward developing a viable market for cellulose filaments (CF), an innovative wood-based biomaterial, by conducting field tests in Quebec sidewalks.
The total investment of R$1.66 billion, announced during the disclosure of the 3Q23 results, is aligned with Suzano's strategic business avenues and underscores its commitment to constantly adapt its operations to evolving demand in Brazil and the global markets.
Metsä Board, part of Metsä Group, will initiate change negotiations on possible temporary layoffs for its paperboard and BCTMP mills in Finland. The negotiations involve a total of approximately 1,100 employees at the Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele and Äänekoski mills.
Massive investment in corrugated board-processing machinery is expected to ensure growth and quality.
The three unions representing workers at Woodland Pulp in Baileyville say that the mill has hired about two dozen temporary workers to cross the picket line and replace those on strike.
There were no injuries in the fire and a damage estimate is not available.
Massimo Reynaudo has been appointed President and CEO of UPM-Kymmene Corporation as of 1 January 2024. Jussi Pesonen will continue as the President and CEO until 31 December 2023, after which he will work as an advisor to the Company and its management until he will retire from UPM on 30 April, 2024.
Atlanta-based Hood Container is cutting 88 jobs at its Matthews facility, according to a Worker Adjustment and Retraining Notification Act (WARN) filed recently with the North Carolina Department of Commerce. The layoffs are effective Dec. 19.
Boise Cascade's Building Materials Distribution (BMD) division has completed the purchase of a new 120,000 sq. ft. warehouse and distribution facility in West Palm Beach, Florida.
The paper mill in Crofton will not resume operations until the end of November at the earliest, meaning 70 workers will not be back on the job until December.
Metsä Group is conducting a pre-study related to the construction of a first commercial mill for producing Muoto packaging products on its Rauma mill site, Finland. The goal is to determine the mill's technical feasibility and economic profitability.
The number of UPM employees affected is 401. Graphic paper production on the two machines is expected to end on 15 November (PM 11) and on 22 November (PM 1), reducing the coated and uncoated publication paper capacity by 595,000 tonnes in Europe.
Ilim Group presented to Chinese partners its new pulp and paperboard mill (the KLB Mill) in Ust-Ilimsk, Russia. The Mill's output will reach 600 thousand tons of kraftliner per year. Thereby, Ilim's aggregate exports to China will surge to 2.4 million tons per year.
Sofidel has opened an automated warehouse at its plant in Ciechanów, Poland. The new 11,000 m2 warehouse can handle 32,000 pallets of goods and is designed to ensure higher efficiency and safety standards.
An environmental group has accused Weyerhaeuser of violating the Clean Water Act by discharging wastewater and stormwater containing pollutants from its lumber mill near Raymond, Wash.
A move by RGE could add a new dimension to the bidding for Essity AB's 52% stake in Vinda, which has drawn bidders such as Suzano SA, the world's largest producer of hardwood pulp from Brazil. Buyout firms Bain Capital, CVC Capital Partners and DCP Capital also advanced in the process, it was reported in August.
The actual demolition will start in early 2024 and the project will run until 2025.
According to reports, most of the money will go toward new machinery and equipment for the facility.
IP announces plans to permanently close its Orange mill and to permanently cease production on pulp machines in Riegelwood and Pensacola.
The agreement alleges that Evergreen failed to control hazardous air pollutants at its facility, did not meet fuel specifications for boilers and failed to close washer windows/hoods during operation. Evergreen Packaging must pay a civil penalty of $256,973, according to the release.
Arauco, a forestry company linked to the Angelini Group, reported this Tuesday morning Oct. 18 the layoff of about 300 workers nationwide.
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