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The collective agreement covers approximately 700 employees. The details of the agreement are confidential until union leadership presents its terms to members in the coming days.
Stora Enso has divested its three corrugated packaging plants in Russia. The Company's Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management.
Fire crews responded early Friday morning, May 13, to a fire at the WestRock facility in Camillus, New York.
Weyerhaeuser has until May 19 to make the payments, according to court documents.
Pregis, a leading global manufacturer of protective packaging, recently started production at its new 298,000 square foot manufacturing facility in Reno, Nevada. The facility is producing the Pregis EverTec™ cushioned mailer, a durable, lightweight, curbside recyclable, paper cushioned shipping solution.
Howe Sound Pulp & Paper (HSPP) Mill was evacuated for about two hours on the morning of May 12.
A date for auctioning the former Luke paper mill's assets has been set by Capital Recovery Group, the property's owner.
Appvion on Thursday announced "a significant investment in new equipment."
From 1-4 p.m. Saturday, June 11, there will be a "Verso Paper Corporation Mill Remembrance" at the Sartell Community Center. The event is a joint presentation by the Sartell Historical Society and the Sartell Senior Connection. Former paper-mill employees and the general public are welcome to attend the free day of remembrance. It will take place right after the Grand Parade of the annual Sartell SummerFest that day.
The Paper Excellence Group, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, announced its subsidiary, Domtar Inc., has entered into an agreement with an affiliate of Kruger Specialty Papers Holding L.P. to sell its Kamloops pulp mill for an undisclosed amount.
Iconex, the world's leading provider of highly differentiated label solutions and low-cost paper receipts, announced the acquisition of Liberty Greenleaf. Founded over three decades ago, Liberty Greenleaf is one of the premier manufacturers of point-of-sale (POS) and industrial packaging solutions, with operations in Phoenix, Arizona and Morristown, Tennessee. Financial terms of the transaction were not disclosed.
The company says the project will allow the company to add capacity for their molded fiber products.
The company currently expects a loss of about 10,000 tonnes of NBSK pulp production in total across all three sites.
UPM had permanently ceased production and agreed a social plan for its employees at its Chapelle mill in Grand-Couronne, France already in June 2020.
UFP Industries announced that its affiliate, Deckorators, Inc., acquired Cedar Poly LLC, for $17 million. The purchase price includes incentive payments of up to $1.5 million over three years if Cedar Poly meets certain performance goals.
Mondi announced €125 million investment to expand and upgrade its Kuopio mill in Finland with expected start-up by the fourth quarter of 2023.
Reemphasizes Need for the Board to Immediately Repay Debt and Refinance RYAM's 2024 Senior Notes.
The fire that started at a workshop during a roll test has been now extinguished. The origin of the fire is under investigation.
Plaintiff alleges company's negligence led to third-degree burns over 45% of body
Stora Enso invests in ACDF Industrie SAS and becomes a 35% shareholder of the French wood processing company.
Paper Excellence announced that it is nearing completion of a significant project to winterize the pulp mill at Prince Albert Pulp Inc (PAPI). Winterizing the mill means that the interior of the mill is now heated for the first time since 2014, when the site last operated. The project will cost approximately $500,000.
Mondi said the net asset value of its Russian operations was 687 million euros ($724.9 million) as of Dec. 31 and that it has suspended all significant capital expenditure projects in the country.
Atlas Packaging, based in Barnstaple, North Devon, is a corrugated packaging provider with a strong market presence in shelf ready packaging, gift boxing and the e-commerce sector.
The evaluation of options is expected to be completed by the end of 2022.
UPM Biochemicals and KRAHN Chemie Deutschland GmbH signed an exclusive distribution agreement to market UPM BioMotionTM Renewable Functional Fillers (RFF) in Germany, Austria and Switzerland. RFF are a completely new category of functional fillers, replacing fossil-based carbon black and precipitated silica.
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