Recent Articles

An ex-accounting manager who worked at Weyerhaeuser's Springfield office has pleaded guilty to mail fraud, aggravated identity theft and tax evasion after stealing more than $4.5 million from the timber company by contracting with bogus vendors, including one in her mother's name.

Boise Paper, a division of Packaging Corporation of America (PCA), has announced their sponsorship of Reach Out and Read, a U.S. non-profit entering its fourth decade promoting childhood literacy.

Excess heat from the industrial processes at Stora Enso's Maxau paper mill in Germany, will be used to provide renewable, biomass-based district heating for the city of Karlsruhe.

Domtar Corp. has warned of an expected operating loss for the fourth quarter and sales that are below analyst expectations.

Cotton is about to get its biggest new competitor since polyester emerged some decades ago. That's the hope of pulp producers looking to upend the textile industry with a green, price-competitive fiber.

In an encouraging move with the potential to create transformative market change, China recently amended its Forest Law to include a nationwide ban on buying, transporting, and/or processing illegally sourced timber, as well as an added focus on traceability.

Smurfit Kappa has continued to demonstrate its leadership in sustainable and innovative packaging solutions by winning eight 2020 WorldStar Awards.

International Paper was once again named by FORTUNE magazine as one of the "Worlds Most Admired Companies."

Sonoco has been selected to FORTUNE magazine's World's Most Admired Companies list for 2020. For the third year in a row, the Company also was listed first in the Packaging/Container industry.

Adding to this recognition is the fact that Cascades is the only Containers and Packaging company on the list and is one of 12 Canadian businesses.

It is the fifth-consecutive year WestRock has been named to the prestigious list.

Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, has once again achieved a place on CDP's prestigious 'A List' for climate change.

Valmet launches a completely redesigned Valmet Microwave Consistency Measurement - Valmet MCA (patent pending) for pulp and paper makers.

Valmet introduces a full range of new, data-driven Industrial Internet solutions to pulp, board, paper, tissue and energy producers.

Valmet will supply a Defibrator™ system to Çamsan Entegre Ağaç Sanayi ve Ticaret A.Ş in Turkey. The start-up of the system is planned for the middle of 2020.

Valmet will deliver key process islands for Lenzing's and Duratex's joint venture named LD Celulose S.A.

The main target of the rebuild is to increase the customer's production capacity.

Freight Waves, in a recent article, stated that LTL carrier rates will continue to increase in 2020.

Reported insider trading since the last issue of PaperMoney.

Georgia-Pacific announced Monday, Dec. 13, that it is permanently closing its Cuba facility.

Citing a drop in publisher demand for print publication titles and significant structural changes impacting the industry, Chicago-based LSC Communications filed a Form 8-K with the Securities & Exchange Commission (SEC) on Jan. 14 announcing it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.

Officials said a large part of the warehouse was filled with smoke when crews arrived, and a paper converting machine was on fire. Officials said firefighters quickly extinguished the fire and ventilated the warehouse.

Rayonier Inc. and Pope Resources, A Delaware Limited Partnership announced that they have entered into a definitive merger agreement under which Rayonier will acquire all of the outstanding limited partnership units of Pope Resources for consideration consisting of equity and cash.

Metsä Tissue announced that a fire broke out late Friday evening, Jan. 10, involving PM5 at the company's paper mill in Düren, Germany.

"We urge Verso Stockholders to not be fooled by the deceptive practices employed by Lapetus, Atlas and Blue Wolf to confuse you and to deflect attention from their ultimate objective - to control the Company without paying for it."