Recent Articles

Stora Enso has published its Green and Sustainability-Linked Financing Report for 2023. It details how the proceeds of the green bonds are allocated and outlines the environmental benefits achieved through these bonds.

RRD GO Creative advanced its position within the group of Major Contenders based on continued investments in technology and an increased scale and scope of solutions, including the use of data for better targeting and optimizing campaigns.

Huhtamaki, a global leader in sustainable packaging solutions, is proud to announce its participation in the Tube Recycling Project led by Tubes Group an initiative that aims to create a major change in the recycling environment for tube laminates.

Mondi, a global packaging and paper manufacturer, has maintained its Platinum status in EcoVadis' Corporate Social Responsibility (CSR) ratings. The Group's overall score of 87% places Mondi among the top 1% of global companies assessed for the eighth consecutive year.

SCA's Wifstamon nursery had its seed extraction premier this past winter. Using an in-house developed kiln and seed separator, SCA can now process cones to obtain seeds from its own pine seed plantations.

Rengo announces that its biotope at the Fukushima Yabuki plant was certified as a "Nature symbiosis site" for the second half of FY 2023 for the first time in Fukushima, Japan.

The AI application developed by Metsä Group and CollectiveCrunch for detecting insect damage won the international Innovation of Innovations prize. Metsä Fibre's Future Sawmill concept was recognised in the Business innovations category.

Reported insider trading since the last issue of PaperMoney.

The Greensville Volunteer Fire Department says a large fire resulted from an explosion at the Georgia Pacific facility in Emporia.

According to Longview Fire Department Fire Marshall Jon Dunaway, a fire was reported around 9 p.m. in a conveyor belt system. The damage was limited to the system, and no injuries were reported.

Four contract workers were injured in the incident that created a 'fireball' at the mill on Friday.

The cash funded at closing consisted of the previously announced transaction value of $538 million, plus $38 million for a ticking fee that compensates the seller for earnings that inure to Greif, other customary debt/cash adjustment items, and FX impact.

The proposal comes less than three weeks after DS Smith reached an in-principle agreement with its UK-listed rival Mondi, which made an all-share takeover offer valuing DS Smith at 5.14 billion pounds.

The order value amounts to just over SEK 1.5 million ($141,242). Training of the customer's staff is included in the price, but costs for commissioning are added.

A gas explosion occurred at Metsä Group's Kemi bioproduct mill in the evaporation plant during welding work on Thursday 21 March 2024. Three people were slightly exposed to hydrogen sulphide and were referred for a health check. The persons have returned to work after the check-up.

Mondi, which produces sustainable packaging such as paper wrappers and envelopes, finalized its purchase of the pulp and paper mill last month for $5 million.

Essity has completed the divestment of its entire holding of 51.59% of shares in the Asian hygiene company Vinda International Holdings Limited (Vinda) for HKD 23.50 per share.

Roseburg Forest Products will be shutting down its Missoula facility later this Spring. The company has announced it "will permanently end operations" at the particleboard plant on May 22.

Billerud will keep and continue to operate its Wisconsin Rapids converting facility and the 130 employees at that site and will sell the idled mill and related assets to Capital Recovery Group, the company said in a Thursday news release.

Stora Enso on Friday said it would start fully ramping down its Imatra and Oulu mills on Sunday due to ongoing political strikes that are hitting ports and transportation in Finland.

Production at the Rauma, Vilppula, Renko and Lappeenranta sawmills will stop on Friday 22 March. The production of board mills in Simpele, Kyro, Tako (Tampere) and Äänekoski is expected to stop on Monday 25 March.

ND Paper says it is making some changes to its mill in Rumford due to "challenging market conditions."

The pre-engineering has now been completed and Metsä Board has decided not to proceed with the investment in the Kaskinen folding boxboard mill.

Jamestown Container Companies announced an agreement to acquire Midwest Box Company's packaging business in Cleveland, Ohio. Terms of the agreement were not disclosed.

Amcor, a global leader in developing and producing responsible packaging solutions, announced today that after nine years as Chief Executive Officer (CEO), Ron Delia has informed the Board of Directors of his decision to retire from the Company and step down from the Board for health reasons, effective April 15, 2024.