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Auction dismantles mill, cuts off chances for a new owner to run it again.
A worker at the Cascades containerboard packaging facility in Niagara Falls sustained serious injuries on Friday, November 19th when he got caught in a piece of heavy machinery.
They say operations will resume in the next few weeks for Paper Machine Number 2. Paper Machine Number 1, along with the balance of the mill, is expected to be fully operational early next year.
While the merger of Domtar and Paper Excellence has been approved by the Competition Bureau of Canada, part of the approval means the Kamloops pulp mill must be sold to a third party.
Pratt Southeast Displays, has informed the N.C. Commerce Department that it is closing its Whitsett facility in Guilford County on Jan. 15, eliminating all 81 jobs.
Several fire engines responded to the scene.
The curtailment is targeted to begin in the week of November 22, 2021 and we will evaluate conditions for potential restart in early January 2022.
The new $150 million plant employs 215 workers in full-time manufacturing jobs.
Paper Excellence warned that its customers may see pulp and paper delivery delays due to ongoing supply chain disruption in North America and particularly British Columbia.
Mondi, a leading global packaging and paper company, is investing €20 million to further improve the sustainability of its pulp production at the Frantschach mill in Austria. The mill, which is celebrating its 140th anniversary in 2021, has already been self-sufficient in terms of energy for many years and supplies surrounding communities and industrial companies with surplus heat from the pulp production process.
Paper Excellence B.V. and Domtar Corporation jointly announced that they have received Canadian Competition Act approval for their business combination whereby Karta Halten B.V., an affiliate of Paper Excellence, will acquire all of the issued and outstanding shares of Domtar common stock for $55.50 per share in cash pursuant to an agreement and plan of merger dated May 10, 2021 (the "Merger").
A new survey of 12,000 consumers in six countries worldwide shows that 76% of them would like to recycle more than they do now.
Ahlstrom announced in May that they planned to invest $70 million in a new glass fiber tissue production line, creating almost 50 jobs in Madisonville.
Manufacturer K.T.G. is looking to expand its Memphis operations, investing more than $21 million in a facility expansion, new equipment and the creation of 36 jobs. The average annual wage for the new jobs will be about $54,000.
Celadon Development Corp. said it has already opened a processing facility in coastal Georgia and plans to build a facility that will produce 450,000 tons of pulp per year. A second phase doubling production to 900,000 tons per year could come later, depending on demand, according to CEO Tim Zosel.
Chatham offered to buy Donnelley for $7.50 a share in October, but Atlas Holdings has since offered to buy the company for $8.52 a share.
The second version of the 'Mill Bill' which would seek to provide state funding to help the purchase of the Verso and Park Fall paper mills passed near-unanimously in the Assembly Thursday.
The Alabama Department of Environmental Management, or ADEM, has confirmed that there were no environmental impacts identified in relation to a weekend incident at a Prattville paper mill.
Authorities said a fire at an International Paper facility early Tuesday morning was contained to one machine, but that did not stop the entire building from filling up with smoke.
Georgia-Pacific has begun construction of a $50 million distribution center in De Pere.
As part of the transaction, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company, for a total combined transaction value of approximately $6.5 billion.
Flames broke out at the log yard at West Fraser's WestPine MDF plant near Quesnel, B.C., at 2 p.m.
The Hämeenkyrön Voima power plant, from which Metsä Board's Kyro mill buys energy, has replaced the peat it burns with renewable energy.
Crews are assessing the damage to determine the steps needed to resume partial and full operations. The mill is completely shut down in the meantime.
Firefighters said the man died on the lift while it was still nearly 40 feet in the air.
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