Major Announcements

Pro-Gest Group's founder Mr Bruno Zago announces that Mr Francesco Zago will be taking over the role of the Group CEO from 2021.

The new mill would add 2.2 million tonnes of annual pulp capacity to Suzano's operations.

Stora Enso is investing EUR 14 million to build a granulation and packing plant for lignin, allowing easier packing and handling of lignin compared to powder and wet form.

International Paper announced a plan to pursue a spin-off of the Company's Printing Papers segment into a standalone, publicly traded company ("SpinCo").

UPM has completed the employee consultation process started in October on its plans to improve efficiency in global functions.

Mondi, a leading global packaging and paper manufacturer, will open its new state-of-the-art paper bags plant in Cartagena, Colombia in January 2021.

Paper Excellence Canada has announced it plans to restart the No. 3 paper machine at its Catalyst paper mill in Crofton, effective in early January 2021, which is good news for some 58 employees who will head back to work after a prolonged layoff.

Continued talks with representatives of a company interested in perhaps acquiring the shuttered Verso paper mill in Duluth have intensified in recent weeks, drawing increased attention to the fate of the facility and the 220-plus people it employed before a shutdown was announced in late June.

The feasibility study will evaluate a possible upgrade and expansion of existing integrated pulp capacity from 370 000 tonnes to 780 000 tonnes annually and a possible increase of 120 000 tonnes in board capacity.

PotlatchDeltic Corporation's board of directors today announced that Eric J. Cremers, currently the company's president and chief operating officer, has been appointed president and chief executive officer of the company, effective January 1, 2021.

Resolute Forest Products chief executive Yves Laflamme will retire next year and be replaced by chief financial officer Remi Lalonde, the company announced.

U.S. Senator Tammy Baldwin (D-Wisconsin) has sent a letter to the Verso Corporation Board of Directors to either run the mill or sell it, for the sake of their employees.

Cabinet Secretary Alicia J. Keyes announced that a long-time paper mill in McKinley County will receive economic assistance from the state so it can install new equipment and remain in business for the next decade, retaining at least 125 well-paying jobs.

Peter Secchia -- a West Michigan businessman, Michigan State University donor and longtime figure in Republican politics -- died Wednesday at the age of 83, his wife, Joan Secchia, confirmed in a statement.

The new machine will be one of the most technologically advanced machines in North America producing 400,000 tons per annum of high performance light weight medium and liner. Production is scheduled for the first quarter of 2022.

Verso Corporation announced that Adam St. John has resigned as President and Chief Executive Officer and as a member of the Board of Directors, effective as of September 30, 2020. The Verso Board of Directors has named Randy J. Nebel, a current member of the Board, as interim President and Chief Executive Officer.

Ox Industries has restarted the White Pigeon Paper Mill after it is was closed for almost three months. Ox acquired the mill from Graphic Packaging in June and has since converted the mill from clay-coated recycled paperboard (CRB) to high strength uncoated recycled paperboard (URB).

Tony replaces Tim Lowe, who will return to his role on the Board of Directors after acting as Interim CEO.

The paper mill in Park Falls is opening their doors after being closed for over a year.

Mary Laschinger, one of Georgia's most prominent female executives, will retire as CEO and chairman of Veritiv Corporation on Sept. 30, the company announced.

LSC Communications, formerly known as Courier Kendallville, was adding multi-million-dollar expansions to the city as soon as three years ago. Now, the plant is expected to permanently close, with employee terminations starting on Oct. 1 and expected to be completed just before Christmas.

Mondi, a global leader in packaging and paper, has successfully completed the installation of major new equipment at its corrugated box production plant in Szczecin, Poland to meet growing e-commerce demand.

International Paper Co. says it will invest $175 million during the next 10 years in its Eastover mill.

To ensure future competitiveness of UPM Communication Papers, UPM announces plans for permanent closing of UPM Kaipola paper mill in Finland, sale of UPM Shotton paper mill in Wales and streamlining Communication Papers business function teams. In addition, UPM Biorefining and UPM Specialty Papers announce plans for reorganising and streamlining activities in Finnish pulp mills, UPM Forest and UPM Tervasaari mill in Finland.

Weyerhaeuser Company has announced leadership and organizational changes that position the company to further enhance the long-term value of its timberlands portfolio.