Recent Articles

An inaugural, green, EUR 1 billion, Regulation S, senior, unsecured, dual-tranche offering with 8-year and 12-year maturities is expected to follow, subject to market conditions.

Ahlstrom-Munksjö has been awarded with EcoVadis Gold rating for the company's sustainability management and performance for a fifth consecutive year. This places Ahlstrom-Munksjö in the top 2% of suppliers assessed in the pulp, paper and paperboard manufacturing industry. Compared with the results from the previous year, progress was made in ethics.

UPM Energy is investing in an ultracapacitor at its Ontojoki hydropower plants, in Kuhmo, Finland. The ultracapacitor will be the first of its kind to be used in a hydropower system and the investment will enable UPM Energy to deliver more and faster reserves from hydropower plants.

Resolute Forest Products Inc. announced that the board of directors appointed, effective today, Duncan K. Davies as an additional member of the company's board, and that Mr. Davies will succeed Bradley P. Martin as the company's non-executive chairman. Mr. Martin of Fairfax Financial Holdings Limited will continue to serve as vice chairman of Resolute's now eight-member board.

Global Win Capital Corporation (GWCC) ultimately owned by Shanying International, announced the appointment of Michael Grimm as its new president and chief executive officer. Grimm assumes day-to-day leadership of the North American business unit and underlying investment in North America which includes Phoenix Paper Wickliffe LLC. Mr. Grimm brings more than 30 years of relevant manufacturing experience to his new role.

The decision will have a positive impact of about EUR 4 million on Valmet's third quarter 2021 profit for the period.

The delivery includes equipment of high technological level, in terms of technical, energy and environmental performance.

Graphic Packaging International, LLC, the primary operating subsidiary of Graphic Packaging Holding Company, announced that it has entered into an agreement for $100 million aggregate principal amount of tax-exempt green bonds due 2061 with a mandatory purchase date of October 1, 2026 (the "Tax-Exempt Green Bonds"). The offering is being executed through the Michigan Strategic Fund ("MSF") Private Activity Bond Program.

The MM (Mayr-Melnhof) Group has appointed Päivi Suutari as the new Managing Director of MM Kotkamills. She will start in her role on October, 1.

Phoenix Paper finished a $5 million recommissioning project for its pulp dryer at its Wickliffe Mill. The addition of the pulp dryer will allow Phoenix Paper to more efficiently operate the back end of the mill, as well as add a secondary product of baled pulp.

Yeast made from Norwegian spruce trees is a high-quality feed ingredient that can replace imported protein. A fruitful collaboration between industry and research has for the first time successfully achieved a large-scale production of yeast from local, sustainable resources.

Pactiv Evergreen Inc. announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has reached a definitive agreement to acquire Fabri-Kal, a leading manufacturer of foodservice and consumer brand packaging solutions.

Due to wildfires in British Columbia, slowing orders for forest products, constraints on the availability of resins used in the manufacture of panel products, transportation service interruptions and overall inventory levels, West Fraser has adjusted output at its British Columbia SPF, US South SYP, North American OSB and Canadian plywood facilities by between 5% and 10% of available capacity over the first two months of the third quarter of 2021.

Truvant, a global provider of high-quality packaging services solutions, recently signed a lease and has begun interior construction of a world-class 355,517 square foot building in Hazlet, TX, within the Dallas/Fort Worth metro area.

The $250 million One Sky mill plans to have to the ability to produce 600 million square feet (3/8-inch basis) of OSB annually.

The annual Green Packaging Star Awards recognise environmentally-friendly packaging and recycling solutions, as well as packaging-related improvements in operational processes in production, logistics, and distribution. The award is presented by Kompack magazine and the Austrian Research Institute for Chemistry and Technology.

You are probably already aware that environmental stewardship is one of Monadnock Paper Mill's core beliefs. But we're also keeping a close eye on the future--that of our organization, our economy, and our planet.

I was assistant project manager in the engineering department at a mill back in the early 1980's. I have referenced this experience a number of times in this column over the years. One of the upgrades we made at the time was to go from pneumatic controls to digital computer control. This means that the machine, which only a few days ago was operated from benchboard on the floor was now operated from a control room. Now a mere month later, the bench boards are gone. Keep in mind, the crews on this machine had been running it from benchboards for about 14 years...

To meet the market demand for an increasing volume of labelled products, Mercer has committed to an ambitious goal: by 2030, at least 80% of the wood used to manufacture our products will be certified.

Andritz has received the second order in a row from Kastamonu Entegre to supply a disc chipper and a pressurized refining system for its MDF production line in Balikesir, Turkey. Start-up of the new equipment is planned for the end of 2022.

With great regret the Supervisory Board of Lenzing AG accepts his resignation and the parties mutually agreed to end the contract effective September 30, 2021.

Heinz's recyclable paperboard sleeve will replace shrink-wrapped multipacks of Heinz beanz, Heinz soups and Heinz pasta varieties on supermarket shelves.

The mill has been sitting idle since last spring when the former owners went into receivership.

The collaboration will focus on providing packaging solutions that are both reliable and sustainable for customers.

The winners of the Public Award and the General Packaging Platinum Award at the 2021 European Carton Excellence Awards were produced with paperboard from Metsä Board, part of Metsä Group. The results were announced at a virtual ceremony held on 8th September.