Crecia-Kasuga, a joint venture for household paper products established by Nippon Paper Crecia, a Nippon Paper Group company, and Kasuga Paper Industry completed the construction of a new production facility for household paper products on the premises of Fuji Mill of Nippon Paper Industries as scheduled.
Mercer International says it intends to voluntarily de-list from the Toronto Stock Exchange on June 11, about three months after it lost a six-year-old NAFTA battle with the Canadian government.
Sonoco has signed a definitive agreement to acquire the remaining 70% interest in the joint venture of Conitex Sonoco for approximately $133 million in cash.
Bain Capital Private Equity, a leading global private equity firm, through Fedrigoni Holding Ltd, has entered into a definitive agreement to acquire Gruppo Cordenons, a leading international manufacturer of high end specialty papers for luxury packaging and premium publishing applications.
Rayonier Advanced Materials, which employs 150 people at its sawmill in Chapleau, issued a statement late Friday reporting the death of one of its employees, William Pye.
