Recent Articles

Dissolving pulp and paper-based solutions company Sappi has launched a skin- and planet-friendly hand hygiene ingredient - Valida - which is based on cellulose and is intended to be used by hygiene product manufacturers in products like hand sanitizers.

Effective July 14, 2020, Solenis LLC ("Solenis") completed the acquisition of 100% of the outstanding shares of Poliquímicos, S.A. de C.V. ("Poliquímicos").

German containerboard manufacturer Aviretta selected Toscotec to rebuild the post dryer section of its PM4 at Ettringen mill, Bavaria. PM4 produces test liner and fluting from 60 to 130 g/m². Start-up is scheduled for the 4Q 2020.

Valmet will supply pulp production upgrade technology to PT. Tanjungenim Lestari Pulp and Paper (PT TEL) in Indonesia.

Valmet has become aware of Alfa Laval's announcement on public cash tender offer for all shares in Neles. Valmet completed 14.88 percent share acquisition of Neles' shares from Solidium Oy on July 1, 2020.

Alucha and AkzoNobel are collaborating on technology that turns paper sludge into resources for making paint.

Valmet will supply a new-generation machine vision system to ITC in India. The new Valmet IQ Web Inspection System (WIS) will be installed on ITC's packaging board machine - BM7, replacing the existing WIS system. The commissioning is scheduled during the 3Q and 4Q 2020.

Valmet has received an order to supply wash press technology to Phoenix Pulp & Paper Public Company Limited's (PPPC) hardwood bleached pulp plant at the Nam Pong mill, located in Khon Kaen province in Thailand.

Reported insider trading since the last issue of PaperMoney.

Washington's Employment Security Department on Tuesday confirmed the Ponderay Newsprint Co. paper mill in Usk is permanently shutting down and laying off 148 workers.

Kingsport's Domtar paper mill will continue to be idled by the COVID-19 pandemic through the end of August, the mill's manager told the Kingsport Economic Development Board.

A $125 million recycled paper pulp mill in Pennsylvania will source more than 500,000 tons per year of mixed paper and OCC. The facility will ship its product to China.

Packaging Corporation of America (PKG) said both paper machines and a majority of the converting operations at the Jackson, Alabama mill would continue to be temporarily idled during the months of July and August.

A difficult equipment fire has been extinguished at the Resolute Forest Products Saw Mill, which threatened a nearby wood supply.

Mondi has successfully completed the implementation of a new state-of-the-art paper sack converting machine at its Nyíregyháza site in Hungary.

This innovative truck was built by the Forestry Unit, which brought the technology from Australia and, in partnership with a specialist company, deployed it in the company's truck, adapting it to the area's daily routine. Initially, the truck will operate together with the traditional fleet but in the test phase.

Georgia-Pacific announced Wednesday that 100 hourly employees will be laid off as the mill temporarily ceases operations for a second time this year.

Georgia-Pacific's mill in Perry will be laying off 150 employees, the company confirmed, citing reduced product demand during the COVID-19 pandemic.

Conifex Timber Inc. announced that at its annual general and special meeting of shareholders held on June 22, 2020, all management nominees were elected as directors of the company.

Prerequisites for the Euro 1.5 billion investment decision are estimated to be fulfilled in the autumn of 2020 after the environmental permit process is completed.

Norske Skog will take a major step in its continued transformation towards a growing and high-margin business by converting two newsprint paper machines into renewable containerboard production. The conversions at Golbey and Bruck will introduce 765,000 tonnes of competitive containerboard capacity to meet the growing demand for renewable packaging.

Canfor Corporation announced that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital.

PotlatchDeltic Corporation announced an agreement to sell approximately 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million in cash. The transaction is subject to customary closing conditions and is expected to close in the second half of 2020.

J.D. Irving Ltd. says work will get under way next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

BillerudKorsnäs intends to implement a simplified organizational structure as of August 1, 2020. The new organization will be built along the business flow around three functional areas: Wood Supply, Operations and Commercial. In parallel, the resources for sustainability and innovation will be grouped in a common new function, Sustainability & Strategic Development.