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Management Side
Displaying Articles 1 - 25 of 4970
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Georgia-Pacific announces $83 million expansion of Palatka, Florida facility
Georgia-Pacific announces $83 million expansion of Palatka, Florida facility

The mill, which produces consumer tissue products, is adding a warehouse and building a new trailer yard.

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Agency approves tax credits for proposed Kimberly-Clark project in Ohio
Agency approves tax credits for proposed Kimberly-Clark project in Ohio

In the information presented at the meeting, Kimberly-Clark said the proposed plant is expected to create 491 full-time positions and generate $49,100,000 in new annual payroll by Dec. 31, 2030.

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Nordic Paper approves environmental investments for Bäckhammar of up to SEK 450 million
Nordic Paper approves environmental investments for Bäckhammar of up to SEK 450 million

Nordic Paper has decided to approve environmental investments of up to SEK 450 million relating to water at the Bäckhammar pulp and paper mill in Sweden. The investments are prerequisites in a new production permit for increasing production volume above the level permitted today.

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Amcor Receives EU Approval for Merger with Berry Global
Amcor Receives EU Approval for Merger with Berry Global

Amcor plc has announced a significant milestone in its strategic acquisition of Berry Global Group, Inc. The European Commission has unconditionally approved the merger, a crucial step towards finalizing the transaction. This approval, granted on April 25, 2025, paves the way for the merger to proceed, with an expected closing date of April 30, 2025, contingent upon the fulfillment or waiver of remaining closing conditions.

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Rengo acquires 28.6% stake in KINKI DANBORU
Rengo acquires 28.6% stake in KINKI DANBORU

Rengo Co., Ltd. announces that it has invested in KINKI DANBORU CO., LTD. through third-party allocation and acquired a 28.6% share of the company.

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Huhtamaki acquires Zellwin Farms Company for $18 million
Huhtamaki acquires Zellwin Farms Company for $18 million

Huhtamaki has acquired Zellwin Farms, a privately-owned business located in Zellwood, Florida in the United States. The $18 million enterprise value transaction will support Huhtamaki's growth within the molded fiber industry, specifically for egg cartons and egg flats.

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Stora Enso to implement new organizational structure by July 1
Stora Enso to implement new organizational structure by July 1

Stora Enso plans to implement a new organisation with seven P&L responsible business areas reflecting the importance of its core business of renewable packaging in the business portfolio. The new flatter and streamlined organisation will increase customer focus, drive operational efficiency with increased integration, reduce complexity and enhance the Group's performance culture.

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Ohio Tax Credit Authority to consider Howland Kimberly-Clark project next week
Ohio Tax Credit Authority to consider Howland Kimberly-Clark project next week

The agenda released by the authority includes Kimberly-Clark as one of the "New Projects" to be discussed. No specific details about the project were included in the agenda.

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Chillicothe's struggle is the story of small town Ohio
Chillicothe's struggle is the story of small town Ohio

"The mill does not make products that are in high demand these days," said Jim Thompson, a Georgia-based paper industry consultant who grew up in Highland County, which is directly west of Chillicothe. "That's the basic problem." Thompson also said the site will be difficult to redevelop.

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Suzano, RGE, CMPC eye International Paper's pulp assets
Suzano, RGE, CMPC eye International Paper's pulp assets

Operations generated $2.8bn in 2024 in three countries with eight mills and two conversion facilities.

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Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say
Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say

Southeast Asia's Royal Golden Eagle (RGE) and Asia Pulp & Paper Co (APP), as well as Brazil's Suzano SA are the final bidders for Kimberly-Clark's international tissue business valued at around $4 billion, four people said.

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UPM Plywood starts change negotiations in Finland
UPM Plywood starts change negotiations in Finland

The negotiations will affect approximately 100 senior salaried and directors working in UPM Plywood business organization, business functions and global functions in Finland.

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Kimberly-Clark cuts 2025 profit forecast as tariffs set to drive up costs
Kimberly-Clark cuts 2025 profit forecast as tariffs set to drive up costs

Kimberly-Clark slashed its annual profit forecast on Tuesday as the Kleenex tissue maker said it would incur about $300 million in costs this year due to U.S. President Donald Trump's broad trade tariffs.

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British Columbia contributes $11 million to forestry-sector capital projects
British Columbia contributes $11 million to forestry-sector capital projects

Through the BC Manufacturing Jobs Fund (BCMJF), the Government of British Columbia, Canada, is contributing as much as $11 million toward four forestry-sector capital projects in the province.

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Seized Weyerhaeuser MDF oil pump causes fire
Seized Weyerhaeuser MDF oil pump causes fire

Columbia Falls firefighters responded to a fire in the hot oil room of the Weyerhaeuser MDF plant early Thursday morning, April 17.

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Hood Container facility to close in June, laying off 60 workers
Hood Container facility to close in June, laying off 60 workers

The Simpsonville location specializes in corrugated packaging solutions and warehousing services.

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Kimberly-Clark Reportedly In Talks For Major Divestiture
Kimberly-Clark Reportedly In Talks For Major Divestiture

One of the potential suitors, Indonesia's Asia Pulp & Paper, has sought a $2 billion loan for its acquisition bid, according to a Bloomberg News report last week.

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Nextgreen, China partner to build 150,000-tonne pulp plant in Pahang
Nextgreen, China partner to build 150,000-tonne pulp plant in Pahang

The JV aims to develop Malaysia's first integrated pulp production facility, with an annual capacity of 150,000 tonnes.

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Pixelle Specialty Solutions Pauses Chillicothe Mill Closure
Pixelle Specialty Solutions Pauses Chillicothe Mill Closure

Senator Moreno announced this morning that the closure initially set for June 13th, 2025 has been delayed until the end of the 2025 calendar year. Congressman Taylor applauded Senator Moreno's advocacy and the resulting delay in the mill's closure.

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Ohio Governor DeWine Issues Action Steps Following Announced Closure of Pixelle Chillicothe Paper Mill
Ohio Governor DeWine Issues Action Steps Following Announced Closure of Pixelle Chillicothe Paper Mill

Ohio Governor Mike DeWine has issued a series of action steps following the recent announcement by Pixelle Specialty Solutions that they plan to close their Chillicothe paper mill in the coming months.

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Stora Enso gets approval for Junnikkala sawmill acquisition
Stora Enso gets approval for Junnikkala sawmill acquisition

Stora Enso announced in October 2024 that it would acquire the entire share capital of sawmill and processing company Junnikkala.

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International Paper shutters box plant near Hazleton, Pennsylvania
International Paper shutters box plant near Hazleton, Pennsylvania

International Paper Company says it's restructuring and shutting down its Hazle Township box plant, among three other locations across the country.

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Norske Skog Completes Sale of Boyer Mill to Boyer Capital
Norske Skog Completes Sale of Boyer Mill to Boyer Capital

Norske Skog sold its Boyer mill in Australia to Boyer Capital, ensuring local ownership and future development.

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Sylvamo Announces CEO, CFO Transition Plan
Sylvamo Announces CEO, CFO Transition Plan

Sylvamo, the world's paper company, is announcing Jean-Michel Ribiéras, chairman and chief executive officer, will retire Dec. 31.

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New CEO Takes Helm at Rottneros Mill Amidst Global Uncertainty
New CEO Takes Helm at Rottneros Mill Amidst Global Uncertainty

Nils Hauri has officially commenced his role as the new Chief Executive Officer of Rottneros Mill, a key player in the paper and pulp industry. In his inaugural statements, Hauri acknowledged the significant challenges facing the company, emphasizing the turbulent state of the global market.

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Displaying Articles 1 - 25 of 4970
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