Leading Stories

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.

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.

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.

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

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.

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

Roseburg Forest Products held a groundbreaking ceremony at the site of its new Roanoke Valley Lumber sawmill in Weldon, North Carolina. The company announced it planned to expand its operations in the Southeastern U.S. last summer with the new 375,000-square-foot, high-capacity dimensional lumber mill, during an event with N.C. Gov. Roy Cooper.

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

Stora Enso and wood technology company Modvion are partnering to establish wood as the material of choice for wind turbine towers. The collaboration's purpose is to demonstrate the vast possibilities in using wood in demanding constructions.

Jim Irving one of 26 Canadians on new banned list from Russian Foreign Ministry.

Sonoco, one of the largest sustainable global packaging companies, today announced that Julie Albrecht, who has served as Vice President and Chief Financial Officer since March 2019, will be departing the Company on June 30, 2022. Albrecht will remain in the CFO role through that date to ensure a smooth and orderly transition of responsibilities. Her successor will be the subject of a future announcement as the Company is undergoing a retained search of internal and external candidates.

The WorkSafeBC inspector gave Howe Sound Pulp & Paper several safety suggestions after May 12 gas incident sent several HSPP workers to the hospital. All of the workers were able to return to work the next day.

Investment of SEK 200 million in innovative companies

Four contractors at West Fraser's Cariboo Pulp and Paper mill in Quesnel were sent to G.R. Baker Hospital after a brief exposure to a by-product of the manufacturing process.

Kimberly-Clark Corp is planning to sell its tissue paper assets in Brazil and Latin America, newspaper Valor Economico reported, saying the company is in talks with JPMorgan to reassess its business in the region.

All employees have been accounted for; one employee was injured and sent to hospital, and they are now recovering.

Valmet's Rautpohja factory in Jyväskylä produces paper and board machines, pulp drying machine wet ends and special components. Valmet employs approximately 1,850 people at the Rautpohja site.

If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!

Resolute Forest Products Inc. announced ratification of a four-year collective agreement by Unifor union members at seven of the company's pulp and paper mills in Canada, following an agreement-in-principle reached on May 15, 2022.

Ahlstrom-Munksjö Holding 3 Oy's Board of Directors has agreed an ownership reorganization plan under which the production assets, debts, and liabilities relating to its Decor business will be transferred from Ahlstrom-Munksjö Holding 3 Oy, without liquidation, to a newly formed company that will be named Munksjö.

Terms of the transaction were not disclosed.

Stora Enso owns 1.4 million hectares of land in Sweden, and the company is one of the country's largest forest owners.

AquaStop™ is the latest Better Planet Packaging innovation.

MM Kotkamills is investing about Euro 30 million in two state-of-the-art cross cutters with automated core and waste handling. The investment is aimed at strengthening MM Kotkamills' position as a supplier of cartonboard sheets in the European cartonboard market.

It's been almost a month and a half since WestRock made the announcement to close the Panama City Paper Mill. Some would say they never expected the day to come when the Panama City paper mill would close its doors for good.