Recent Articles

Valmet and Orora Limited have signed a multi-year Mill Maintenance Outsourcing (MMO) agreement to continue taking care of the site maintenance of Orora's Botany B9 board making line in New South Wales, Australia.

The company has received a sufficient number of shareholders' proxies and cancellations of attendance, allowing the meeting to be held in accordance with the regulations set by authorities following the coronavirus pandemic.

The Board of Directors' previous assessment of a dividend of SEK 6.25 per share remains. The final assessment on the size of the dividend will, however, be taken at a later date when the effects of the current COVID-19 pandemic are better understood.

The COVID-19 pandemic is creating disturbance in Huhtamaki's global trading conditions and the demand for food-on-the-go packaging is being significantly impacted.

In response to the continuing COVID-19 pandemic West Fraser is taking additional steps to respond to changing operating and market conditions.

The Company is postponing the planned extended spring maintenance shut at Northwood Pulp Mill until later this year, and instead will curtail the mill for three weeks during the period the turnaround was originally scheduled to occur. This will result in a reduction of approximately 35,000 tonnes of Northern Bleached Softwood Kraft pulp production.

Weyerhaeuser Company announced the completion of the sale of its 630,000 acres of Montana timberlands to Southern Pine Plantations for approximately $145 million in cash.

In October, Orora entered into a binding agreement with Nippon Paper Industries to sell its Australasian Fiber Business for $1.72 billion.

New-Indy Containerboard has chosen technology leader ABB to provide the integrated electrical and automation systems and equipment for its Columbia paper machine rebuild in Catawba, South Carolina, USA. New-Indy Containerboard is rebuilding its paper machine 3 to diversify its product capabilities.

The start-up of the rebuilt paper machine is scheduled for the second half of 2021.

Based on received proxies and voting instructions, UPM confirms that it has received a sufficient majority of votes to support the proposed resolutions on the agenda of the Annual General Meeting on 31 March 2020. Therefore, decisions on items on the meeting agenda can be made in accordance with the proposals if the meeting will be arranged.

Greif, Inc. announced the election of Robert M. Patterson, Chairman, President and Chief Executive Officer of PolyOne Corporation, to the Greif Board of Directors effective immediately.

Pratt said his facilities were hiring more staff to cope with surging demand. Visy has had to radically adapt. Staff are getting temperatures checked daily, social distancing is in place and office staff are working split shifts to minimise contact.

As a provider of goods and services that consumers and businesses rely on for their everyday needs, Kruger Inc. announced that it will be maintaining all of its operations that have been declared essential by Canadian and U.S. authorities or COVID-19 government guidelines, including the manufacture of tissue products, food packaging and containerboard, newsprint, publication and specialty papers, as well as recycling services, the bottling of beverages and the production of electricity.

This adjusted operating configuration will initially result in a 25% reduction to Norbord's currently operating North American mill capacity.

As a provider of goods and services that consumers and businesses rely on for their everyday needs, Kruger Inc. announced that it will be maintaining all of its operations that have been declared essential by Canadian and U.S. authorities or COVID-19 government guidelines, including the manufacture of tissue products, food packaging and containerboard, newsprint, publication and specialty papers, as well as recycling services, the bottling of beverages and the production of electricity.

As a provider of goods and services that consumers and businesses rely on for their everyday needs, Kruger Inc. announced that it will be maintaining all of its operations that have been declared essential by Canadian and U.S. authorities or COVID-19 government guidelines, including the manufacture of tissue products, food packaging and containerboard, newsprint, publication and specialty papers, as well as recycling services, the bottling of beverages and the production of electricity.

As a provider of goods and services that consumers and businesses rely on for their everyday needs, Kruger Inc. announced that it will be maintaining all of its operations that have been declared essential by Canadian and U.S. authorities or COVID-19 government guidelines, including the manufacture of tissue products, food packaging and containerboard, newsprint, publication and specialty papers, as well as recycling services, the bottling of beverages and the production of electricity.

The first thing that popped into my mind was to dress all your maintenance people in pre-Civil War hoop skirted ball gowns. Although it will maintain the distance, I can think of many other reasons this won't work. For the future, this just emphasizes more predictive maintenance and solid maintenance monitoring. If you know the condition of your equipment and the failure curve it is on, you can plan on how to prepare it in a timely fashion.

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In order to mitigate a potentially stronger than expected decline in earnings, Lenzing has already started to implement cost saving measures across its sites globally.

Rayonier Inc. announced with great sadness that Richard D. Kincaid, Chairman of the Rayonier Board of Directors, passed away unexpectedly on March 20, 2020. Mr. Kincaid had served on the Rayonier Board of Directors since 2004, and was appointed Chairman in June 2014 in connection with Rayonier's spin-off of its Performance Fibers business.

We feel a huge responsibility during the COVID-19 crisis, says the mill's president.

Sappi has declared force majeure on the Vulindlela expansion and upgrade project at its Saiccor Mill in alignment with the South African Government's declaration of a nation-wide lockdown to combat the COVID-19 Epidemic.

Resolute Forest Products Inc. provided an update on the impact of the COVID-19 situation to its business.

Clearwater paper, which produces toilet paper at its mill in Lewiston, confirmed that the company was gifting 36 rolls of bathroom tissue to each of its 3,300 employees.