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UPM has permanently closed paper production at its Shotton newsprint mill site in North Wales, United Kingdom. The site and all related assets will now be transferred to Eren Paper Ltd, a subsidiary of Modern Karton Sanayi Ve Ticaret A.Ş., the containerboard and corrugated packaging business of the Turkish industrial conglomerate Eren Holding ("Eren"), thereby closing the transaction announced in May 2021. Eren will now start working on the conversion of the site.
Nine Dragons Paper has revealed that it will have 3 million tonnes of wood pulp production capacity by 2023.
The Salamanca facility produces toilet paper and facial tissue for consumers in Spain, France and the Benelux region under brands such as Scottex®, Kleenex® and Page®.
UFP Industries announced that UFP Distribution, LLC, a wholly owned subsidiary of UFP Construction, LLC, acquired the operating assets of Shelter Products, Inc., in Haleyville, Alabama, for $6.5 million.
Metsä Board, part of Metsä Group, plans to purchase from Pohjolan Voima Oyj all the shares it owns in Hämeenkyrön Voima Oy, and thereby consolidate its local operations in the Kyröskoski mill area.
Cascades Inc. announces that the sale of its equity interest in Reno de Medici S.p.A. is now expected to be completed in the fourth quarter of 2021, versus previous expectations that it would close in the third quarter.
The facility, which SWM has owned since 1985, harvests and collects flax straw and processes this into flax "tow," which is a raw material for cigarette papers, said a spokesperson for the company in a statement on August 26.
Sustainability lies at the center of Huhtamaki's 2030 Strategy and setting science-based reduction targets and aiming for carbon neutral production are an important part of the Company's 2030 sustainability ambition, published in March 2020. The Science Based Targets initiative has now approved Huhtamaki's emission reduction targets.
A Turkish company plans to convert the Shotton paper mill in north Wales from newsprint to containerboard in an attempt to boost UK-based paper recycling.
One of northeastern Nova Scotia's largest employers and biggest companies says its new wind energy project is a "rising tide that will float all boats" - including communities in the Municipality of the District of St. Mary's.
Brazilian pulpmaker Klabin SA said on Wednesday that the chairman of its board of directors, Armando Klabin, died at the age of 89, in Rio de Janeiro.
Sustainable packaging leader DS Smith announced today it has embedded its pioneering Circular Design Metrics across all its packaging sites to support the transition to a circular economy and help customers achieve their ESG goals, furthering its commitment to meeting customer needs as the corporate world embraces ESG and works to set and meet targets that reduce environmental impacts.
Klabin started up of the first paper machine (MP27) of the Puma II Project located in Ortigueira, Paraná, Brazil , which is its largest investment to date. With production capacity of 450,000 tons, MP27 launches production of Eukaliner, the world's first kraftliner paper made 100% from eucalyptus fiber.
Verso Corp. announced Tuesday it would continue considering Atlas Holding's offer to purchase the company if Atlas increased its offer to more than $20 per share.
This program replaces the existing $500 million share repurchase program authorized in February 2019.
Cumberland Wood Products and Prince Albert Pulp sign a Letter of Understanding that sets out the intentions of all parties to build a collaborative relationship with each other in Saskatchewan, Canada./p>
The new owners of the shuttered Ponderay Newsprint in Usk, Washington, have formally requested enough power to restart the mill and build what could be one of the largest cryptocurrency mining operations in the country.
RR Donnelley issued notice it would permanently close its Lewisburg plant in November, with an estimated 70 employees losing jobs.
Glass-Gard® interleaving papers protect automotive glass applications such as windshields, backlights, sunroofs, or side windows from scratching, breakage, abrasion and hazing prior to their installation in vehicles.
Metsä Group is planning to construct a new Kerto LVL mill on its expanding mill area in Äänekoski, Finland. The final decision on the investment, the value of which is approximately Euro 200 million, is pending the completion of a local detailed plan for the area. The new Kerto LVL mill is expected to use around 375,000 m3 of log procured from Finland.
Saica Group, a leading manufacturer of recycled paper for corrugated board, recently announced it will be investing $800 million in the U.S. market, growing through strategic acquisitions or new plant construction during the next five years. This growth follows last year's announcement of Saica's first U.S. corrugated plant in Hamilton, Ohio, scheduled to open in early 2022.
Ahlstrom-Munksjö announced it plans to temporarily idle No. 8 paper machine in December 2021 at its Rhinelander mill. It will also idle its No. 20 supercalender and No. 21 rewinder in July 2022.
Roger Stone, who built his family's paper firm into a $6 billion industry leader through leveraged acquisitions that ultimately forced its sale, died Sept. 12 at his Lake Forest home, according to his daughter, Karen Stone Kaplan. He was 86 and had been in failing health.
The Carlyle Group has consulted banks about either selling or taking Novolex public in a deal that would value the South Carolina-based packaging company at around $6 billion, news outlets reported this week.
Södra is now launching its complete offering for the assembly of cross-laminated timber (CLT) framing in Denmark. This is due to the high interest in Södra's products, and it represents the first step towards an establishment of the building systems in Europe. Kenny Holm will be Marketing Manager for the business in Denmark.
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