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The closures will take place at the Ashdown, Arkansas pulp and paper mill, and the Port Huron, Michigan paper mill.
Visy intended to undertake feasibility studies on future uses including the production of packaging-grade papers at the site.
Quad/Graphics Inc will pay $9.9 million to settle U.S. Securities and Exchange Commission charges it conducted bribery schemes in Peru and China and violated U.S. sanctions by dealing with a Cuban state-owned telecommunications company.
To-date, Fortress' wholly-owned subsidiaries, Fortress Specialty Cellulose Inc. ("FSC") and Fortress Bioenergy Ltd. (together, the "Borrowers"), have drawn down an aggregate of $5,000,000 under the previously announced senior secured credit facility, which has provided the Company with supplemental liquidity.
Escambia Fire Rescue responded to a reported fire at International Paper in Cantonment midday Tuesday.
Finnpulp increases its investment assessment in bioproduct mill in Sorsasalo, Kuopio, Finland, to Euro 1.6 billion, or nearly Euro 200 million more than previously announced.
Södra Cell International will be split into two product categories - Paper Pulp and Bioproducts - to strengthen Södra's market position as a first-class supplier of paper pulp, while increasing the underlying earnings potential of new products. The change will come into effect on 1 October.
With this consolidation, Stora Enso will permanently close the Kitee sawmill by the end of this year, leading to making 73 employees redundant.
More than 70 workers at the Catalyst Crofton pulp and paper mill have been laid off.
Arauco announced its commitment to achieve carbon neutrality by 2020, meaning the company aims to capture more greenhouse gas emissions than its emissions at a global level, which in addition to being a significant contribution and real step forward to deal with the climate crisis, position Arauco as the world's first forestry company to achieve this important goal.
CelluStraw™, a new fiber based solution for drinking paper straws, has been recently launched and is specially designed to address the food industry's emerging initiatives to phase out single-use plastic straws.
The approximately 160 employees at the Battle Creek mill were notified of the decision on Tuesday. Company intends to begin phasing out the Middletown, Ohio, mill as well.
Annica Bresky will become chief executive of Finnish pulp, paper and packaging board maker Stora Enso Oyj from December, taking over from Karl-Henrik Sundstrom.
The Company will invest $600 million in the project, and the machine is expected to have an annual capacity of approximately 500,000 tons.
An order conditionally approving the sale of the Park Falls Flambeau River Papers mill was approved by Price County Judge Kevin Klein following a hearing Thursday afternoon.
The agreement aims to improve Nordic Paper's productivity, health and safety and sustainability performance.
Arkansas environmental officials have approved an air permit for a Chinese company's $1.8 billion paper mill that has been delayed by President Donald Trump's trade dispute with China.
Indonesia has not imposed serious enough penalties on pulpwood and palm oil firms that had large fires on their land from 2015 to 2018, and more fires on some of those farms also polluted the region's air quality this year, Greenpeace said on Tuesday.
"Mr. President, if it weren't for your presidency, this mill would not be here today," said Anthony Pratt, executive chairman of Pratt Industries, at his company's new paper mill in a small Ohio city best known for being the birthplace of astronaut Neil Armstrong.
In 2020, Stora Enso's estimated capital expenditure will be Euro 800-850 million, including Euro 200-230 million for the Oulu mill conversion and Euro 80-100 million for biological assets.
If you are looking for goods and services in the pulp and paper industry, you need to check out the Paperitalo Directory!
The 250-year-old Stoneywood Mill was plunged into chaos in January when its owner Arjowiggins Fine Papers, and its parent company Sequana, went into administration.
WestRock Company has provided an estimate of the impact of Hurricane Dorian on its fiscal fourth quarter financial results.
The jewel in his crown is a new mill in Wapakoneta, Ohio, which cost $US270m to build and represents Mr Pratt's biggest US investment in what is the small home town of astronaut Neil Armstrong.
Columbia Pulp is in the final stages of launching the first straw pulp mill of its kind in North America.
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