Major Announcements

Australia's richest man Anthony Pratt has donated $1million to fund the trial of two drugs that may help patients suffering from COVID-19.

LP Building Solutions announced adjustments to operating schedules, reductions in capital expenditures, and steps to enhance an already strong balance sheet. LP also announced amended guidance consistent with these plans and the uncertainties surrounding the impact of COVID-19, governmental responses, and subsequent economic recovery.

Canfor Pulp Products Inc. is announcing actions in response to the COVID-19 pandemic and resulting economic uncertainty.

Sappi has declared force majeure on the Vulindlela expansion and upgrade project at its Saiccor Mill in alignment with the South African Government's declaration of a nation-wide lockdown to combat the COVID-19 Epidemic.

Lecta says it has decided to stop production at the Cartiere del Garda woodfree coated paper mill in Italy amid the rising number of coronavirus infections in Europe and related industrial and logistical issues. Operations are to be stopped 19 March at the end of the second shift and the downtime is scheduled to last until 25 of March.

Investigators were back on the scene Monday, March 16, to determine the origin of an early morning fire that caused extensive damage to the International Paper mill in Coosa.

Work is progressing on a new headquarters of Fischer Paper Products, an Antioch-based paper packaging company for which the Village Board approved incentives worth $3.5 million last year to keep it in town.

As a precautionary and risk-minimization measure for its shareholders, Essity has decided - in consultation with experts and in response to feedback from concerned shareholders - to implement special arrangements in conjunction with Essity's Annual General Meeting on April 2, 2020.

IT Tech Packaging, Inc. , a manufacturer and distributor of diversified paper products in North China, on March 10 announced that the Company have resumed 70% of its full capacity of production as of March 5, 2020, following the strict measures put in place for the control and prevention of the Covid-19 spread. The Company expects to resume the rest of the production in the next couple days.

Oregon-based Total Fiber Recovery LLC will invest $49 million to establish its first pulp recycling facility in Chesapeake, creating 68 jobs, Gov. Ralph Northam says.

DS Smith announced the opening of its first recycling facility in the United States, the company's latest expansion of its business operations in North America.

Stora Enso is offering a possibility to follow its Annual General Meeting (AGM) via webcast as a precautionary measure to decrease any risk of infection of the new COVID-19 coronavirus.

Verso Corporation on March 11 announced that Michael A. Weinhold has resigned as President of Verso, effective March 10, 2020.

Rayonier Advanced Materials Inc. announced that the Company's Board of Directors will nominate and appoint two new independent directors to the Board.

McKinley Paper Company is producing paper at a mill that had been dormant for three years, a representative for the state agency referring job applicants to the mill said Wednesday.

LSC Communications, Inc. announced that Sententia Group, LP has nominated 6 individuals to stand for election as directors at LSC's 2020 Annual Meeting of Shareholders.

Paperitalo Publications Senior Editor Charles Edward "Chuck" Swann passed away Monday, Feb. 17, 2020 at the age of 87.

Ingevity Corp. announced that D. Michael Wilson agreed to resign as CEO, president and director, effective immediately.

Former Weyerhaeuser CEO John "Jack" Creighton died Jan. 29 at the age of 87.

Packaging and paper group Mondi Plc. said Tuesday that Andrew King, Group Chief Financial Officer and a director of the company, will be appointed as Group Chief Executive Officer or CEO with effect from 1 April 2020.

In order to gain an overview of the spread of the spruce bark beetle, Holmen has developed an analytical tool showing actual areas of damage on a map.

Neenah, Inc. announced that John P. O'Donnell will retire as Chief Executive Officer and as a member of the Board of Directors effective on May 21, 2020, and that the Board of Directors has unanimously elected Julie A. Schertell, Senior Vice President and Chief Operating Officer, to succeed him in both roles.

Södra's CFO, Peter Karlsson, will take over as Interim President after Lars Idermark from 20 February.

Glatfelter said it plans to relocate the company's corporate headquarters from York, Pennsylvania, to Charlotte, North Carolina, in mid-2020.

Sonoco Products Co. said that Chief Executive Robert Tiede has retired, after about 21 months in the role, and about 16 years with the company.