|
|
The purchase agreement includes options for PalletOne to purchase the remaining 50 percent of Dempsey after three years.
No injuries were reported and the fire was contained to the site of origin.
The episode will spotlight the day-to-day activity of International Paper's dedicated employees as they help to provide some of the biggest companies in the world with products made from renewable resources.
Although the particleboard line was already commissioned in July 2020, it was only now possible to formally open the new production facility due to the Covid-19 pandemic.
Canfor's investment is modernizing the facility with cutting-edge technology and equipment to position the company to meet growing global demand for its wood products. The upgrades are expected to be completed by the end of 2022.
With over 130 years of history and experience, CR Meyer's mission is to be a trusted expert in industrial contracting; to drive the success of our industry partners in safely visualizing, designing, and building their future.
An ammonia leak from a tank at McKinley Paper mill was isolated in a containment area and did not drain into water or the environment, said Capt. Kelly Ziegler of the Port Angeles Fire Department.
The NYSE American staff determined that the Company's continued listing is predicated on it effecting a reverse stock split of its common stock or otherwise demonstrating sustained price improvement within a reasonable period of time, which the staff determined to be until December 23, 2022.
According to some employees from Ox Industries, the fire started towards the back of the building and started to cave into the roof. All employees that were inside the building during the outbreak were able to evacuate the building safely.
The acquisition of Essentra Packaging implements MM Packaging's strategy to grow in profitable and resilient segments such as pharma secondary packaging and strengthens its position in the European pharma carton & leaflets market. In addition, this acquisition will expand MM's footprint into the US market with an important position in the East-Coast pharma hub.
It will have a capacity to process 2.5 million tonnes of hardwood pulp per year, which alone is almost half of Arauco's current capacity of 5.2 million tonnes, the company said.
Attorneys general representing 14 states have sent a letter to the U.S. Environmental Protection Agency that criticizes its proposed plan to regulate downwind emissions, arguing it will be a "death knell for certain industries" unable to adjust to the new guidelines.
Ennis has assumed leadership of the organization and will work in partnership with Mill Rock Capital on future growth initiatives. He replaces Eric Popham, a board member of Mill Rock Packaging and a Senior Principal at Mill Rock Capital, who has served as interim CEO for the past six months.
A spokesperson for the company said all team members were safely evacuated and there were no injuries.
Central National Gottesman Inc. (CNG) announced that its North American Distribution Division has acquired Lewis Paper International, Inc., a leading distributor of paper, packaging and wide-format products headquartered in Addison, Illinois.
The acquisition includes LP's laminated veneer lumber and I-Joist manufacturing facilities in Wilmington, North Carolina; Red Bluff, California; and Golden, British Columbia, associated timber license assets, and the SolidStart® brand.
Over 30 firefighters from several localities put out a fire at the WestRock paper mill early Tuesday morning.
Upon close, the new company name will be Mativ, Inc. ("Mativ") and its shares will begin trading on the NYSE under the ticker symbol "MATV." The "SWM" and "NP" ticker symbols will be deactivated.
The transaction comprises the UPM Steyrermühl site with approx. 400 employees, including the newsprint paper machine with an annual capacity of 320,000 tonnes and the Steyrermühl sawmill operations with an annual timber capacity of 370,000 cubic meters. The parties have agreed not to disclose the value of the deal.
Kruger Products officially inaugurated its Sherbrooke Tissue Plant, which was commissioned in 2021, and also broke ground at its expansion project where another tissue plant will be built on a site adjacent to the Sherbrooke Plant by 2024.
OnceMore® is the world's first large-scale process for recycling blended fabrics. The process combines post-consumer textile waste with renewable wood from responsibly managed forests to produce high-quality textile pulp.
The project, "Hygiene is our right", highlights the rights of children and young people in relation to health, education and gender equality.
The feasibility study will take place over the next several months, with a decision anticipated by the end of the year.
The initiative will focus on companies operating within at least one of four bioeconomy applications: improving the measurement and management of carbon sequestration, accelerating and maximizing agroforestry yield, developing new technologies and applications for pulp biomass, and creating more efficient pulp packaging from renewable sources.
Cascades continues to roll out its expansion plan in the isothermal packaging market by enhancing its line of meal boxes with technology that's 20% more efficient than its current home delivery solution, and by commissioning a new production facility in York, Pennsylvania.
|
|
|
|
