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The transaction is part of Stora Enso's plan to divest four of its five remaining paper production sites as it shifts its focus to packaging.
Action Wood Solutions, established to purchase the business assets of Action Wood Technologies, Inc. in Michigan, has entered into an asset purchase agreement with the owners of Action Wood Technologies, Inc. The closing of this transaction will be dependent on the Committee on Foreign Investment in the United States (CFIUS) accepting the transaction.
Company plans up to $50 million community restoration fund for impacted residents
UPM Timber and Lassila & Tikanoja have established a new recycling concept, in which used plastic wrapping is picked up from the customers and recycled into new wrappings. The customers also receive a compensation for the recycling collaboration.
Ahlstrom-Munksjö, Metsä Fibre and 3M, with the help of Earthworm Foundation, continue their close collaboration in responsible wood sourcing. This year the partnership concentrates on the Kainuu region, Finland, where the different parties will conduct research on current forestry practices and future practices linked to Kemi Mill expansion in the area.
Around 6:30 a.m., the department was notified that a funnel disconnected spilling approximately 300 gallons of dry, combustible material. Crews said the funnel had been connected to a silo system that holds a product used to make glossy paper.
The company's Crofton mill employs about 585 full-time staff and previously faced a month-long curtailment in March 2020 due to a lack of wood amid a Western Forest Products strike.
Stora Enso Oyj said Thursday it has acquired Dutch corrugated packaging producer De Jong Packaging Group in a deal worth around 1.02 billion euros ($1.02 billion).
Where exactly the fire started remains a mystery.
In the suit, filed with Tokyo District Court, Nippon Paper Crecia demands that Daio stop making and selling similar products and pay ¥33 million in damages, the subsidiary of Nippon Paper Industries said Tuesday.
Product launched with the startup of the machine and patented by the Company is made 100% of eucalyptus and stands out for its sustainability attributes.
Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. The Siberian businessman Alexander Govor recently bought the McDonald's former restaurants in Russia.
Calvert is one of the oldest glulam manufacturers in the U.S. and has more than 60 years of experience producing high quality glulam beams in multiple species, including Douglas fir, southern yellow pine and yellow cedar, for industrial, commercial and residential projects around the world.
Ponderay Industries, LLC plans for a restart of its paper mill located in Usk, Washington and has announced it is in advanced negotiations with key industry partners. Idled since bankruptcy in 2020, the paper mill has been meticulously maintained and preserved by a team of former mill employees.
Canfor Corporation is announcing reduced operating schedules effective September 12, 2022 at its Swedish facilities due to a decrease in market demand. The reduced operating schedules will result in a 15% decrease in production capacity and are anticipated to be in effect through the fourth quarter.
With a major investment of EUR 40 million in a now operational production asset, Ahlstrom-Munksjö cements its market position, upgrading its production platform in its well-established Beverage & Casing business.
The Law Court determined Kim Boivin was not entitled to compensation for her PTSD as a result of the 2014 incident.
Company employs more than 450 people in north Louisiana.
The recent start of operations at European textile giant Lenzing's recent opening of the world's largest production plant for the eco-friendly fiber lyocell exemplifies Thailand's status as a hub for green and sustainable investments, according to an article published on the Thailand Board of Investment (BOI) website.
International Trade Minister Mary Ng says Canada is formally initiating a challenge of "unwarranted and unfair" U.S. duties on Canadian softwood lumber.
Metsä Tissue says rising energy costs are leading to temporary production stoppages.
Provides customers across the region access to Amcor's expertise to accelerate development of sustainable packaging solutions.
The production stop is due to the currently very high daily prices for electricity in Norway.
Mondi opens in-house recyclability testing laboratory in Frantschach, Austria
Georgia-Pacific plans to expand operations in Clarendon County, South Carolina. The company is investing approximately $40 million into the project.
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