Recent Articles

LSC Communications, Inc. announced that it received notification from the New York Stock Exchange that the NYSE has determined to commence proceedings to delist the Company's common stock from the NYSE and that trading in the Common Stock on the NYSE has been suspended, effective immediately.

Layoff notices were handed out to employees at Northern Pulp in preparation for the closure of the company's mill on Jan. 31, 2020.

The Oregon Department of Environmental Quality levied fines last month totaling $27,106 against the Georgia-Pacific Pulp and Paper Mill in Toledo regarding three separate incidents -- two involving unexpected releases from the mill's wastewater treatment system and one involving a lab testing issue.

The Lenzing Group and Duratex will build a 500,000 tons dissolving wood pulp plant in the State of Minas Gerais, Brazil. The start-up is planned for the first half of 2022.

Huhtamaki has agreed to acquire full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part of Amcor.

Nova Scotia Premier Stephen McNeil has rejected a pulp mill's plea for a deadline extension that would have allowed it to continue dumping wastewater near a First Nation after Jan. 31.

A Delaware judge has temporarily halted arbitration between the DuPont Co. and Chemours as he weighs DuPont's request to dismiss a lawsuit claiming that it massively downplayed the cost environmental liabilities imposed on Chemours.

Pinnacle Renewable Energy ("Pinnacle") announced the planned construction of a new industrial wood pellet production facility in the southeast United States in close proximity to Pinnacle's Aliceville, Alabama facility.

Sonoco announced it has joined 4evergreen, an international industry alliance dedicated to boosting the role of fiber-based packaging to create a circular and more sustainable economy that reduces climate change and other environmental impacts.

The state is asking a judge to order Verso Co., owner of the Luke Mill, to put a stop to the pollution and, potentially, to pay civil penalties.

Oji Holdings Corporation announces that Oji HD and ISHIZUKA GLASS Co., Ltd. have concluded a basic joint venture agreement on paper container-related business.

Voith signed a purchase agreement to take over 70% of shares in electric motor manufacturer ELIN Motoren GmbH.

Voith is planning on acquiring 90% of the shares in Toscotec S.p.A. Both parties agreed not to disclose the purchase price.

Domtar Corporation congratulates three of its board members, Giannella Alvarez, Mary A. Winston and Pamela B. Strobel, on being named to WomenInc. Magazine's list of 2019 Most Influential Corporate Directors.

Canada Infrastructure Bank (CIB), Port Hawkesbury Paper and IFE Project Management Canada (IFE) sign a Memorandum of Understanding (MOU) formalizing their collaboration on the potential Pirate Harbour Wind Farm in Nova Scotia.

"We believe New Brunswicker's deserve to see the maximum environmental and economic benefits on their investment."

BillerudKorsnäs is launching Repel Pure, a paper where the grease-resistant barrier is plant-based and totally biological.

Be safe -- and healthy

Reported insider trading since the last issue of PaperMoney.

The investments in maintenance planned for 2020 will amount to R$3.6 billion, while investments in expansion and modernization projects will require approximately R$300 million.

The expected purchase price is approximately US$93 million.

Verso is seeking to replace the leadership of its board of directors to ward off the election a competing slate of nominees chosen by a group of investors that Verso says is waging a proxy war for control of the company.

Fortress Global Enterprises Inc. announces that it has failed to receive any indications of interest pursuant to its previously announced strategic and financing initiative by the required deadline under the financing agreement entered into among the Company's wholly owned subsidiaries, Fortress Specialty Cellulose Inc. and Fortress Bioenergy Ltd.

The Ministry of Labour is investigating an industrial accident at Resolute Forest Products' Thunder Bay sawmill.

An explosion at Georgia Pacific's Clarendon plant injured one person Monday afternoon (Dec. 9).