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Displaying 1476 - 1500 of 18623 articles

Funds Managed by BTG Pactual Timberland Investment Group Sell Nearly 70,000 Hectares to Suzano in Mato Grosso do Sul, Brazil

One of the largest timberland transactions to date in Brazil, and the largest ever in the state of Mato Grosso do Sul.

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Ahlstrom to close its Bousbecque plant in France

Ahlstrom will proceed with the closure of the Bousbecque plant in France. The plant has an annual capacity of approximately 12,000 tons and employs 117 people. Ahlstrom continues to explore options to divest the property.

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Sofidel Makes a Significant Step To Accelerate Its Growth in North America

The transaction includes an annual production capacity of 340,000 metric tons distributed across four production sites in Shelby, North Carolina, Lewiston, Idaho, Las Vegas, Nevada, and Elwood, Illinois. The completion of the acquisition is expected within 2024, subject to receipt of customary regulatory approvals and satisfaction of other customary closing conditions.

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Weyerhaeuser Acquiring High-Quality Timberlands in Alabama

Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets.

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Saica Group and Schumacher Packaging reach an agreement for Poland

With a capacity production of 440.000 tonnes of paper and 535 million square meters of corrugated board packaging, Schumacher Packaging employs 1,540 people in Poland. The turnover of the Polish sites was 327 million euros in 2023 (aggregated sales).

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Stora Enso invests in its corrugated packaging production in Poland

Stora Enso invests EUR 3O million to upgrade and grow its corrugated packaging production in Ostrołęka, Poland, where the company already has a solid foothold. Stora Enso's corrugated products are currently being used in many industry segments, such as food and beverage, electronics, furniture and e-commerce.

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Update: Fire at Sappi Saiccor Mill

With reference to the fire and subsequent explosion which occurred on a supplier truck delivering liquid oxygen to the Sappi Saiccor Mill in Umkomaas, KwaZulu-Natal, the following update can be provided.

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Canfor announces CEO retirement, leadership transition

John Baird, Chairman of the Canfor Corporation Board of Directors, announced that Don Kayne, President and Chief Executive Officer, plans to retire at the end of the year.

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Suzano looks for new deals after IP failure

Brazil's Suzano, the world's largest pulpmaker, is looking to expand its paper footprint internationally while continuing to increase production at home, the company's chief financial officer said.

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Clearwater Paper Enters into Definitive Agreement to Sell Tissue Business to Sofidel America Corporation for $1.06 Billion

Clearwater Paper Corporation, a premier supplier of quality consumer tissue and bleached paperboard, today announced that it has entered into a definitive agreement to sell its tissue business to Sofidel America Corporation, a subsidiary of Sofidel S.p.A., a leading manufacturer of paper for hygienic and domestic use, for $1.06 billion, subject to adjustments for debt, cash, transaction expenses and net working capital.

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Weyerhaeuser closing Craven County, N.C. mill, 73 losing jobs

Weyerhaeuser will close a lumber mill in Vanceboro in September, resulting in the loss of 73 jobs, according to paperwork filed with the state.

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Suzano starts operation of the world's largest pulp production line

Cerrado Project required investment of around US$4.3 billion and will contribute to increase Suzano's production by more than 20%.

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Sappi mill staff evacuated after tanker explosion at Umkomaas, South Africa facility

No injuries as all personnel and onsite contractors taken to safety.

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275 layoffs take effect at Rayonier Advanced Materials Temiscaming facility

In late April, the company announced the plant would shut down this month, for an indefinite amount of time.

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Mercer Mass Timber invests in its Okanagan Falls facilities

New support for a mass-timber production facility is protecting sustainable forestry jobs in Okanagan Falls, British Columbia (B.C.), Canada, and continuing to strengthen B.C.'s position as a leader in mass-timber innovation.

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Sappi mourns death of six firefighters in South Africa

Sappi has paid tribute to the six heroic employees of Famusa Contracting who lost their lives on Sunday fighting fires which destroyed hundreds of hectares of farmland in the KZN Midlands.

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Beto Abreu takes over as CEO of Suzano

Suzano announces that Beto Abreu has assumed the role of CEO. As Suzano celebrates its centennial year and finalises construction of the Cerrado Project, the world's largest single-line pulp production facility in Ribas do Rio Pardo, Mato Grosso do Sul state, Abreu will now be responsible for leading the company's ambitious growth strategy.

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Heinzel Group to close its Raubling Papier in Germany

Heinzel Group has made the decision to close its subsidiary, Raubling Papier GmbH, in Germany, due to persistently difficult market conditions and challenging economic circumstances. This decision follows comprehensive discussions with the local works council, resulting in a successfully concluded social plan.

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Fire at West Fraser Timber facility

Fire Chief Dave Bissat said crews were called out to the mill at 5:37 a.m. on Saturday, July 13 for a fire "inside a fine dust silo." The silo was around 120 feet tall and 30 feet wide. Around 15 firefighters responded and Bissat said that the fire was brought under control by mid-morning, however, the fire was still burning inside the silo.

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Lindenmeyr Munroe expands distribution operations into Georgia market

The new Atlanta facility will begin operations in early September 2024.

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Suzano Agrees US$110 Million Purchase of Two US Industrial Facilities from Pactiv Evergreen

The transaction is valued at US$110 million and includes two mills in Pine Bluff, Arkansas, and Waynesville, North Carolina, that manufacture liquid packaging board and cupstock.

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Montana state to support displaced lumber mill workers

Montana governor Greg Gianforte and the Montana Department of Labor & Industry (DLI) announced the state secured a nearly $2 million investment to provide workforce retraining and support services for workers impacted by the closures of Pyramid Lumber in Seeley Lake and Roseburg Forest Products in Missoula.

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DS Smith Calls for Investment Into the UK and Alignment with Europe to Boost Growth

DS Smith's Group Chief Executive has called for the new UK government to help make the UK a more attractive place to invest, and to align with EU regulation to support trade.

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Greif Announces Sale of Delta Petroleum Company

Greif, Inc., a global leader in industrial packaging products and services, announced it has sold Delta Petroleum Company, Inc. ("Delta"), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries.

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Berry and Glatfelter Announce New Brand Name and Identity in Connection with Proposed Merger of Berry's Business and Glatfelter

Berry Global Group, Inc. and Glatfelter Corporation announced that the proposed merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films ("HHNF") business with Glatfelter progressed further today with the creation of the Magnera brand (pronounced 'Mag-nair-uh'), a global leader in the specialty materials industry.

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Displaying 1476 - 1500 of 18623 articles

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