Sylvamo owns the Svetogorsk Pulp and Paper Mill in Leningrad region, Russia. The Svetogorsk mill employs more than 1700 people and produces printing papers, liquid packaging board and innovative BCTMP.
The collective agreement covers approximately 700 employees. The details of the agreement are confidential until union leadership presents its terms to members in the coming days.
Stora Enso has divested its three corrugated packaging plants in Russia. The Company's Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management.
Weyerhaeuser Company today announced the appointment of David M. Wold as senior vice president and chief financial officer, effective immediately. Wold has served as vice president and chief accounting officer since May 2019, and he replaces Nancy Loewe, who is leaving the company.
