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Showing 11 articles from September 14, 2022.

People in the News

DS Smith's Finance Director Adrian Marsh to retire

DS Smith Plc announces that Adrian Marsh has informed the Company of his intention to retire from the Board and from his role as Group Finance Director once a successor is in place.

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Sonoco Announces New Vice President of Global Mergers and Acquisitions

Munday has over 20 years of experience in financial consulting, investment banking, and transaction advisory.

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Industry News

Huhtamaki and Stora Enso launch industrial scale recycling programme for paper cups in Europe
Huhtamaki and Stora Enso launch industrial scale recycling programme for paper cups in Europe

Huhtamaki and Stora Enso have joined forces to launch a new paper cup recycling initiative, The Cup Collective. The programme, which is the first of its kind in Europe, aims to recycle and capture the value of used paper cups on an industrial scale.

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International Paper to Pay $260 Million in Federal Income Taxes Under IRS Settlement
International Paper to Pay $260 Million in Federal Income Taxes Under IRS Settlement

International Paper Co. said that it and the Internal Revenue Service agreed to settle a previously disclosed timber monetization restructuring tax matter.

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UPM Specialty Papers introduces heat sealable and recyclable UPM Confidio and UPM Confidio Pro barrier papers designed for dry and frozen foods
UPM Specialty Papers introduces heat sealable and recyclable UPM Confidio and UPM Confidio Pro barrier papers designed for dry and frozen foods

UPM Specialty Papers presents the latest innovative additions to its extensive selection of sustainable and recyclable packaging papers. UPM Confidio™ and UPM Confidio™ Pro combine moisture-, and grease resistance with excellent heat sealing properties. This makes the materials stand out in the market and offers a concrete competitive edge.

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Leading Stories

CatchMark Timber Trust, Inc. Stockholders Approve Merger with PotlatchDeltic Corporation
CatchMark Timber Trust, Inc. Stockholders Approve Merger with PotlatchDeltic Corporation

Upon the closing of the transaction, CatchMark common stock will no longer be listed on any public market.

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Essity presents new organization and changes to the Executive Management Team
Essity presents new organization and changes to the Executive Management Team

To strengthen its competitiveness and increase efficiency, Essity is today announcing the following changes to its organizational structure and Executive Management Team, valid as of December 31, 2022.

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Resolute Forest Products breaks ground on planer mill in Quebec, Canada
Resolute Forest Products breaks ground on planer mill in Quebec, Canada

Resolute Forest Products Inc. breaks ground on construction of new planer mill adjacent to Senneterre sawmill in Quebec, Canada. The planer, expected to be functional by the end of this year, will optimize fiber supply, enhance overall efficiency of the sawmill and reduce production costs for Abitibi regional operations.

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Weyerhaeuser Reports Work Stoppage in Oregon and Washington
Weyerhaeuser Reports Work Stoppage in Oregon and Washington

Weyerhaeuser Company announced that as of this morning a work stoppage involving members of the International Association of Machinists and Aerospace Workers union is impacting its operations in Oregon and Washington. Weyerhaeuser has approximately 1,200 employees who are members of IAM, including employees in the company's Wood Products and Timberlands organizations.

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Supplier News

Andritz acquires environmental company J. Parpala Oy in Finland

Andritz has acquired J. Parpala Oy, a major player in the maintenance and repair of environmental equipment for industrial production and power generation plants in Finland. The company was founded in 2011 and operates sites in Kokkola and Kaskinen.

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Valmet to supply pulp technology equipment to Zellstoff Pöls in Austria

Valmet will supply pulp technology equipment for a new pulp stream of unbleached kraft pulp to Zellstoff Pöls AG, Austria. The company is a part of the Heinzel group. The delivery is planned for June 2023.

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