Major Expenditures

Stora Enso's EUR 1 billion investment in its Oulu mill in Finland is being financed, in part, by a new long-term bilateral loan.

Irving Pulp and Paper, a subsidiary of J.D. Irving, Ltd., offered one of its first chances for the public to learn about the proposed $1.1B expansion Thursday at the Lancaster legion branch.

The 270,000 square-foot space will be used for increased manufacturing capabilities and streamlined operations. The facility will feature cutting-edge equipment, including a 6-color plus 1-color inside RDC, a litho laminator, and a specialty folder gluer.

Mondi has completed a €125 million investment project in its Kuopio mill, which will increase production capacity by 55,000 tonnes per annum while enhancing efficiency and improving environmental performance.

With a second e-boiler, Sappi takes a further step towards sustainability and advancing decarbonisation.

Clearwater Paper will invest $22.59 million in an expansion in Shelby that will create 13 jobs paying $60,769, on average.

Södra is now establishing a new business to become a world leader in the production of kraft lignin. Södra's production facility will be the first commercial facility in Sweden and the largest of its kind in the world. This is an investment of over SEK 2 billion and expected to be in operation in 2027.

According to Klabin, the money will go towards the installation of a new recovery boiler with "cutting-edge technology."

Sundsvall's new Logistics park and SCA's new container port have been officially inaugurated. This means that a process that began in 2008 has reached its goal and one of the region's biggest investments in sustainable transport can begin to create benefits for the green transition in northern Sweden.

Norske Skog will initiate a main study aiming to enter the bleached chemi-thermomechanical pulp (BCTMP) market by starting production at Norske Skog Saugbrugs in Halden, Norway.

Ahlstrom, in its ongoing dedication to addressing the global need for clean air and water, has successfully completed a EUR 2 million investment for a new laminator at its Louveira plant in Brazil.

Smurfit Kappa, Europe's largest paper packaging producer has invested over €30 million across two projects in Spain to further reduce CO2 emissions.

Södra is investing in a production line at Värö which will create a vegetable tanning agent from bark. This new tannin can be used to process leather in a more environmentally friendly way. Scheduled to be commissioned in 2026, the plant will have the capacity to produce tannins for millions of square metres of leather.

Arauco Group has invested in the Internal Resin Injection System for their plant in Trupan, Chile. Sunds Fibertech will deliver a complete resin dosing and injection system, including automation and start-up. The start-up will be done in Q4, 2024.

Mondi is investing €200 million into a high-quality recycled containerboard machine with an annual capacity of around 420,000 tonnes at its Duino mill near Trieste, acquired in January 2023.

Gov. Brian Kemp announced a company that makes baby diapers and other items will be investing $418 million to expand its footprint in Bibb County and create 600 new jobs.

Irving Pulp & Paper, Limited has submitted a preliminary application to undertake a major upgrade to Saint John's westside pulp mill, representing a new long-term capital improvement plan and a potential $1.1-billion investment.

Project aims to sell energy to N.B. Power, but no agreement yet.

The investment has allowed the company to expand the size of the production space in La Chevrolière by 4,000 square meters (43,000 square feet) and has been made in response to an increasing demand for sustainable corrugated cardboard by existing and potential DS Smith customers in the region.

The province expects the expansion will maintain about 250 direct roles and is expected to create 20 new jobs.

Essity is investing in a new global center for research and development, in Alsace, France, dedicated to tissue hygiene products. The state-of-the-art facility will focus on tissue to meet the evolving demands of branded tissue in both Consumer and Professional Hygiene markets.

The customer focused innovation centre will help brands and manufacturers to meet increasing consumer demand for sustainable products and contribute towards a circular economy.

Two Rivers Lumber Co. LLC plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company's second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber, the Alabama Governor's Office reports.

Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas, Mato Grosso do Sul.

The enhancement will increase the mill's folding boxboard output by approximately 10,000 tonnes annually, raising its total capacity to around 310,000 tonnes.