Leading Stories

Södra and Lenzing, a leading supplier of wood-based specialtyfibres, have been working together for 10 years to develop wood-based textile pulp. The companies are now taking the next step by strengthening the cooperation to develop Södra's OnceMore further.

The $100 million project in Cedar City is just the first of three planned phases. APC will begin recruitment and hiring efforts for the new facility this year.

The investment includes a new corrugator and an extension of the building.

Amounting to a total investment of almost $100 million, the expanded facility covers circa 23,000 square meters and will be built adjacent to Huhtamaki's existing Hammond manufacturing unit. Huhtamaki has operated in Hammond, Indiana, since 1948 and currently has approximately 140 employees. It expects to employ a further 100 new employees when fully operational.

Paper Excellence investing $13 million to switch paper-making process for food packaging.

Gatik's class 6 autonomous box trucks will deliver goods to Sam's Club locations in the Dallas-Fort Worth metroplex to enhance service levels and product flow within the Georgia-Pacific-KBX on-road transportation network.

Creating the First Zero-Carbon Manufacturing Site for Wallboard in North America and Increasing Capacity by 40%

A press release from Packaging Corporation of America said the victim was a third-party contractor.

The shutdown left approximately 450 workers without a job.

Stora Enso's Langerbrugge site currently has two paper lines in production, one for newsprint and one for supercalendared (SC) magazine paper. The feasibility study will focus on the conversion of the site's newsprint paper line.

The cause of the fire is still under investigation.

Crews fought the blaze for more than five hours. According to officials, they tried to work quickly as to contain the fire from the nearby lumber yard.

PotlatchDeltic Corporation is investing $131 million to expand and modernize its Waldo sawmill located in Columbia County, Arkansas. The project will increase the mill's annual capacity from 190 million board feet of dimensional lumber to approximately 275 million board feet. The investment will also reduce the mill's operating costs significantly.

The Kamloops facility, which manufactures northern bleached softwood kraft pulp (NBSK) and unbleached softwood kraft pulp, will continue to operate as usual, honouring all existing volume commitments and agreements with customers and suppliers. The Mill's 320 jobs will be maintained. In addition, Kruger intends to maintain ongoing initiatives to continue modernizing the Mill.

The paper company and Crow Holdings Development announced plans to construct a 206,000-square-foot, state-of-the-art distribution facility on a portion of the Marcal property.

Stora Enso's new 100% virgin fiber-based kraftliner, AvantForte WhiteTop, is now commercially available. The white top kraftliner targets demanding premium segments, such as fresh food, e-commerce, and shelf-ready packaging.

Paper Excellence Canada has published its second sustainability report: Building Strong Relationships.

Baksht has more than 20 years of strong and diverse financial experience across multiple industries, including six years as Chief Financial Officer for Valaris.

Rayonier Advanced Materials Inc. on Tuesday said Vito Consiglio has stepped down as president, chief executive and a director by mutual agreement with the board after just five months at the helm of the cellulose-products maker.

Stevens Point Fire Chief Jb Moody confirmed there was a sulfuric acid spill at Pixelle Specialty Solutions in Stevens Point. The department called in the help of surrounding departments including the Plover Fire Department's Hazmat team.

The combination is structured as a merger valued at approximately $919 million based on the closing price of PotlatchDeltic's stock on May 27, 2022, including $273 million of CatchMark's net debt.

The company update stated it is expected it will take several weeks to determine the detailed repair plans and the timing for a restart.

The transaction is expected to be closed latest in Q3, 2022.

These capacity reductions are expected to result in an incremental impact of approximately 275 million board feet by the end of August, in addition to the 100 million board feet reduction previously announced on March 30th.

Smurfit Kappa Group PLC said it investing over EUR35 million in the construction of a new packaging plant in Morocco.