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FEDERAL WAY, Wash., June 15, 2016 -- Weyerhaeuser Company (NYSE: WY) today announced an agreement to sell its liquid packaging board business to Nippon Paper Industries Co., Ltd. for $285 million in cash. Weyerhaeuser expects to use a substantial portion of the estimated $225 million after-tax proceeds for repayment of debt...
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June 14, 2016 - Toscotec will rebuild the dryer section of Smurfit Kappa Papelsa’s PM 1 at Barbosa mill, Colombia.The customer has recognized in Toscotec the right partner to provide the best technology available in drying process and support the company for a quick growth in the South American market...
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June 14, 2016 --Neenah Packaging announces the significantly expanded offering of its Box Wrap portfolio, with new additions to its Premium Packaging Solutions and the introduction of its Luxury Packaging Solutions...
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June 14, 2016 -- Amerplast to market a new innovative product in important tissue segmentAmerplast is to offer its customers a new innovative product, tissue bags, in the important hygiene tissue segment, following the May 2016 signing of a cooperation agreement with Gaviplas SL...
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June 14,2016--Sappi has commissioned the construction of a demonstration plant at Sappi’s Ngodwana Mill in Mpumalanga Province, South Africa.The demonstration plant will extract hemicellulose sugars and lignin from Sappi’s existing dissolving pulp line...
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June 9, 2016 --Valmet will supply two Valmet IQ Moisturizer systems to SAICA's corrugated board converting plants in El Prat, Spain, and Beaulac, France. By installing Valmet's advanced moisturizing technology in their corrugators, SAICA's plants will be able to reduce corrugated board warping and consequently reduce waste and improve productivity in their converting processes...
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ATLANTA, June 9, 2016 -- Georgia-Pacific continues to expand its corrugated packaging business with the acquisition of Southern California-based Reliable Container. The acquisition includes converting plants in Santa Fe Springs, California, and Tijuana, Mexico. Terms of the deal are not disclosed...
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June 9,2016 --Kotkamills Group announced on May 18, 2016 that the start-up of the new board machine is estimated to take place during July 2016.As the project has now progressed to the very advanced stage, the Company estimates the total costs of the Board Machine project to be ca. 170 MEUR instead of the earlier estimation of 155 MEUR...
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June 10,2016 --Swedish pulp mill Rottneros Bruk in Värmland has placed an order for the handheld instrument Leonova Diamond for periodic measurement of the mechanical condition of critical assets...
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DELAWARE, Ohio--June 9,2016--Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced second quarter 2016 results. Pete Watson, President and Chief Executive Officer, stated “We are pleased to report another improved quarter at Greif...
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June 9, 2016--The investment will enhance Skutskär Mill’s profitability and long-term competitiveness by increasing fluff production by approximately 160 000 tonnes annually. The mill’s softwood capacity is expected to be reduced by 160 000 tonnes, starting from year 2018...
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June 8,2016 --The BillerudKorsnäs board has today approved a SEK 1 280 million investment program to strengthen the leading position of the company in kraft papers for packaging applications. The investment will enable further growth in attractive market segments and at the same time streamline the company’s production structure....
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June 8, 2016 --Valmet will supply an Advantage DCT 100TS tissue production machine to Papel San Francisco in Mexico. The new machine will be installed at the company's mill in Mexicali and start-up is planned for the second half of 2017...
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DELAWARE, Ohio--June 8,2016- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced that its Board of Directors has declared quarterly cash dividends of $0.42 per share on its Class A Common Stock, and $0.63 per share on its Class B Common Stock...
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MONTRÉAL, June 7, 2016 - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the temporary closure of its Kénogami (Quebec) supercalendered paper mill from June 23 to July 4, 2016...
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MEMPHIS, Tenn., June 6, 2016-- Verso Corporation (OTCPink: VRSZQ) announced today that David J. Paterson, the President and Chief Executive Officer and a director of the company, will become the Chairman of the Board of Verso immediately upon its emergence from its pending Chapter 11 bankruptcy proceeding...
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WILMINGTON, Del. – June 6,2016-- Effective June 3, 2016, Solenis, through its Australia subsidiary Solenis Australia Pty Limited, completed the acquisition of the business assets of Nuplex Pulp & Paper from Nuplex Industries Australia Pty Limited, an exclusive distributor and technology licensee of Solenis pulp and paper products within Australia and New Zealand...
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Madawaska, ME (June 6, 2016) – Twin Rivers Paper Company Limited announced today that it will invest approximately $12 million at its Madawaska facility as part of a strategic realignment to focus on growth-oriented market segments and maximize productivity...
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VANCOUVER, BRITISH COLUMBIA--(June 6, 2016) - Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) is pleased to announce that its wholly-owned subsidiary Landqart AG ("Landqart") has entered into a purchase agreement (the "Purchase Agreement") with GAM Investment Management...
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HELSINKI--June 06, 2016--Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND)...
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