Brad Thorlakson, President and CEO of Tolko Industries, announces that Pino Pucci, Vice President of Sales, Marketing and Logistics will assume a newly created interim role as Tolko's Chief Operating Officer.
Hans Sohlström has over 30 years of experience in business leadership, including over 10 years as CEO predominantly in the forest and renewable materials industries. Most recently he led Ahlstrom Corporation, Ahlström Capital and Rettig Group.
International Paper announced that it has completed the sale of its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for $484MM (USD) in cash.
International Paper celebrated the opening of its newest state-of-the-art corrugated packaging facility in Atglen, PA on Friday, September 15, 2023. The new $100 million facility is providing more than 100 manufacturing jobs to Atglen and the surrounding communities.
Mondi plc announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest LLC for a total cash consideration of RUB 80 billion (Euro 775 million) to be paid in a series of instalments.
Finnish-Swedish forestry firm Stora Enso, battery producer Amperex Technology Ltd (ATL) and other parties have invested $18 million in start-up CarbonScape to commercialise bio-graphite for use in batteries, they said on Tuesday.
