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Displaying 3976 - 4000 of 19884 articles

WestRock closing Fridley, Minnesota facility, laying off 70 employees

The company, which laid off 130 employees at its St. Paul facility about a year ago, notified the state's Department of Employment and Economic Development last month that it planned to begin layoffs in Fridley on Nov. 13.

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Norske Skog Skogn to start thermomechanical pulp production next year

By building the new TMP line at Skogn, the Company ensures that it can produce on all machines without recycled fibres.

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Georgia-Pacific Perry mill closing: DeSantis sets up job fair; Dunn slams Georgia-Pacific as 'Scrooge'

In all, 516 workers will be without jobs when the shutdown is complete, and nearly 2,000 additional loggers will have to find buyers elsewhere. The mill is expected to be closed by year's end.

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Metsä Tissue chooses Goole, East Riding of Yorkshire as site for its planned new tissue paper mill in the UK

Metsä Tissue announces that it has chosen Goole, East Riding of Yorkshire as the site for its planned new state-of-the-art tissue paper mill in the UK. This landmark investment of several hundreds of millions of pounds will deliver the largest tissue mill in the UK and significantly reduce the quantity of tissue products that are currently imported into the UK and Ireland each year. The new mill will create 400+ jobs at the facility, as well as thousands more across the supply chain and the local economy.

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SCA inaugurates Obbola paper mill in Sweden

SCA's new facility in Obbola, outside Umeå, Sweden, has now been inaugurated. This means that the paper mill has the world's largest machine for kraftliner and with it a significantly increased capacity to produce climate-smart packaging material.

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Fire at International Paper facility in Omaha, Nebraska

According to a news release, employees told firefighters a forklift caught fire inside the building, sparking the blaze.

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WestRock packaging company to close Louisville, Kentucky locations

On Tuesday, Sept. 19, the packaging company WestRock announced to its employees that its shutting down operations in Louisville.

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Ahlstrom completes investment of new calendering and embossing capabilities in South Korea

Ahlstrom has successfully started the production of new, calendered, and embossed synthetic filter media for the first commercial orders from its Huyn-Poong plant in South Korea. The new materials offer extended filter lifetime and generate less flow restriction due to a higher available surface area. This makes these media a more sustainable alternative to competing materials.

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International Paper Opens Its Newest Corrugated Packaging Facility in Atglen, Pennsylvania

International Paper celebrated the opening of its newest state-of-the-art corrugated packaging facility in Atglen, PA on Friday, September 15, 2023. The new $100 million facility is providing more than 100 manufacturing jobs to Atglen and the surrounding communities.

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Mondi announces agreement to sell Mondi Syktyvkar in Russia for Euro 775 million

Mondi plc announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest LLC for a total cash consideration of RUB 80 billion (Euro 775 million) to be paid in a series of instalments.

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International Paper Completes Sale of Ownership Interest in Ilim Joint Venture

International Paper announced that it has completed the sale of its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for $484MM (USD) in cash.

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UFP Global Holdings Ltd. acquires controlling interest in Palets Suller Group, Spain

UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc., has acquired 80% of the equity in a newly formed company, UFP Palets y Embalajes SL, for approximately $52 million.

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Stora Enso appoints Hans Sohlström as new President and CEO

Hans Sohlström has over 30 years of experience in business leadership, including over 10 years as CEO predominantly in the forest and renewable materials industries. Most recently he led Ahlstrom Corporation, Ahlström Capital and Rettig Group.

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The Boards are Restless
The Boards are Restless

If you are in your thirties or forties, you may not have previously seen the kinds of turmoil going on in the pulp and paper industry now. Today, demand is soft and thus prices are soft, thus squeezing profits and cashflow. This has not happened in the surviving grades for a long time (we have nearly stopped producing any grades that were designed for their communicating ability, today the industry is composed largely of those grades demanded for their physical properties). We have been remarking for the last few weeks that the containerboard segment is undergoing unprecedented turmoil. Now this turmoil has hit the board rooms.

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PM40

The PM40 closed Friday, 29 September 2023, at 4976.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

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RearView

The PM40 closed 29 September 2023 up 13.2% from the 30 September 2022 level.

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Disconnected Comparisons

In this issue of Disconnected Comparisons, we evaluate Mercer International and International Paper.

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Kadant to Supply Green Liquor System Upgrade for Södra Cell

Mörrum is a specialty mill with two dedicated lines, one producing a wide range of premium paper pulps and the other dedicated to dissolving pulp for textiles and other applications together with the unique OnceMore® process.

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Valmet to supply a fine paper making line to Yueyang Forest Paper in China

The delivery is scheduled for the third quarter 2024.

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Albany International completes acquisition of Heimbach Group

Headquartered in Düren, Germany, Heimbach is a global supplier of paper machine clothing for the production of all grades of paper and cardboard on all machine types as well as high-tech textile products used in a variety of sectors, such as the food processing, chemicals, construction materials and automotive industries.

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Andritz to supply new debarking and chipping line to Nordic Paper's mill in Sweden

Andritz has received an order from Nordic Paper to deliver a new wood room with chip and bark handling for its Bäckhammar mill in Sweden.

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Holmen Paper initiates second stage in online system upgrade on PM11 at Hallsta mill in Sweden

Holmen Paper takes another stride toward innovation by upgrading its online monitoring system on PM11 to the advanced Intellinova Parallel EN system from SPM Instrument.

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Ledinek to deliver new generation planer line to Moelven in Sweden

Ledinek will manufacture and deliver a new planer line for exterior elements to Moelven Edanesågen AB from Sweden, part of the Norwegian-Swedish Moelven Group, which produces wood elements and systems for the construction sector. As part of a major investment at the Edane site in Sweden, a new production line for planing and sorting will also be built.

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Sennebogen supplies new timber handler to Züfle in Germany

The new 723 E material handler is equipped with a 1.25 m² grapple and is responsible for cutting to length and sorting logs after they have been delivered to the log yard. Thanks to its compact dimensions, the handling machine can be maneuvered quickly and easily over the entire company premises.

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Toscotec to supply production upgrade to Paper Prime in Portugal

Toscotec will supply a technological upgrade of Paper Prime's PM1 at their Vila Velha de Rodão mill in Portugal. Planned for mid-2024, the project aims to achieve substantial energy savings and production increase.

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Displaying 3976 - 4000 of 19884 articles

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