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PAPER INDUSTRY NEWS

Verso Corporation Reports First Quarter 2021 Financial Results

May 7 - "Verso delivered improved first quarter Adjusted EBITDA of $30 million compared to $9 million in the fourth quarter of 2020. We continue to maintain a strong balance sheet and liquidity with no outstanding debt...

ANDRITZ to Supply Major Expansion of OCC Line to NORPAC in Washington

May 7 - ANDRITZ will install a FibreFlow drum pulper as well as various fiber cleaning and reject handling equipment to upgrade the existing OCC line and expand the mill's...

NSK AMERICAS
Northern Pulp Withdraws Environmental Assessment Registration for Replacement Effluent Treatment Facility

May 6 - Northern Pulp Nova Scotia announced it has notified Nova Scotia's Minister of Environment and Climate...

Burger King Rolls Out Green Packaging Pilot Program

May 6 - Burger King is committed to being part of a more sustainable future by reducing our environmental footprint and is launching a green packaging pilot program focused on finding scalable solutions for eight of its most-used...

Sappi Continues Steady Recovery in Fiscal 2021 Second Quarter

May 6 - "EBITDA continued to improve quarter-on-quarter from a low of US$26 million in our third quarter of 2020 through US$98 million in the previous quarter to...

KaiCell Fibers and Regional Energy Group Loiste Sign Letter of Intent

May 6 - KaiCell Fibers announced that a letter of intent has been signed by KaiCell Fibers and Loiste Oy, a Finnish power service group, which sets the framework for...

WestRock Reports Fiscal 2021 Second Quarter Results; Increases Quarterly Dividend

May 5 - WestRock reported record second quarter North American per day box shipments up 5.5% compared to the prior year quarter...

Valmet Signs Industrial Internet Services Agreement with Arauco for New Pulp Line in Chile

May 5 - Valmet and Arauco have signed an agreement to jointly develop the Arauco Mill Line 3 in Chile to become the world's most autonomous pulp mill. Valmet will supply its...

Domtar Responds to Speculation about Potential Acquisition by Paper Excellence

May 4 - Domtar said that it has been made aware of press speculation regarding discussions between itself and Paper Excellence with respect to a possible...

Escalating Pressure for European WFU Producers Raises Essential Questions

May 4 - The ground continues to shift across the EU as demand patterns in the woodfree uncoated (WFU) segment have driven manufacturers to make some difficult decisions...

Ahlstrom-Munksjö Reactivates Strategic Review of Its Decor Business

May 4 - Ahlstrom-Munksjö is exploring strategic options for its Decor business, including the possibility of divesting the business. The review process, first announced on...

International Council of Forest and Paper Associations Releases Global Sustainability Progress Report

May 4 - The International Council of Forest and Paper Associations (ICFPA) has released its biennial Sustainability Progress Report which demonstrates...

Kadant Successfully Starts Up OCC Systems at Sun Paper in Laos

May 4 - Kadant Fiberline (China) Co. Ltd. announced it successfully started up two OCC systems at Sun Paper's PM1 and PM2 in Muang Phin, Laos. The OCC systems...

Nordic Paper to Discontinue Pulp Production at Säffle Mill, Will Purchase Pulp Externally

May 3 - Nordic Paper announced its decision to initiate consultations with trade unions regarding a restructuring of production at its pulp and paper mill in Säffle...

Mercer International Reports First Quarter 2021 Results

May 3 - "Our strong first quarter results reflected improved pulp pricing across all of our markets. First quarter average European NBSK list prices were up $157 per ADMT, and...

Zanders Paper Discontinues Business Operations; to Go Into Full Liquidation

April 30 - Zanders Paper GmbH announced that its business operations will be discontinued as of, 30 April 2021. As the provisional insolvency administrator...

Resolute Forest Products Swings to First Quarter 2021 Profit

April 30 - "This has been a very good quarter for our strong and growing wood products business as the lumber tailwind...

International Paper Reports First Quarter 2021 Results

April 29 - "International Paper delivered solid earnings and strong cash generation in the first quarter. Operationally, we performed well to mitigate the significant impact of the winter storm and support strong customer demand in...

Norske Skog Moving Forward with Conversion of Newsprint Machine at Bruck Mill to Containerboard

April 29 - Norske Skog announced a final investment decision to convert one machine at its Bruck mill in Austria from newsprint to recycled containerboard production. The conversion...

UK-based Portals to Acquire Fedrigoni's Security Business Based in Bollate, Italy

April 28 - Portals, a UK-based producer of banknote and security paper, and Fedrigoni jointly announced that Portals has agreed to acquire Fedrigoni's security business based in...

Graphic Packaging Reports First Quarter 2021 Results; Announces Intent to Acquire Americraft Carton

April 28 - "The underlying robust demand environment and resulting volume and pricing momentum we have...

MSC Introduces New Electronic Bill of Lading for Customers Worldwide Using Wave BL'S Platform

April 28 - WAVE BL is a blockchain-based system that uses distributed ledger technology to ensure that all parties involved in a cargo shipment booking can issue, transfer...

UPM CEO Says Market Turn and Efficiency Improvement Boosted Q1 2021 Earnings

April 27 - UPM's President and CEO, Jussi Pesonen, said 2021 has started off with healthy demand for...

Greif to Hike Price for Paper Tubes, Cores, and Protective Packaging Products in the U.S. and Canada

April 27 - Greif announced that it will increase the price for all of its paper tubes, cores, and protective packaging products in the United States and Canada...

OASIS Alignment Services Announces Organizational Change for Midwest Service Center

April 27 - OASIS Alignment Services announced that Larry Kubale, Midwest Regional Manager, will retire on May 5 after 16 years with the company. Justin Moker, currently...

Packaging Corporation of America Reports First Quarter 2021 Results

April 26 - "Packaging segment demand remained very strong throughout the first quarter as we set a new all-time...

ND Paper Starts-up New Recycled Pulping Operation in Old Town, Maine

April 26 - ND Paper announced the launch of a new recycled pulping operation at its Old Town Division in Maine (USA). The new production line will produce...

Sonoco Announces Price Increase for Paperboard Tubes and Cores

April 26 - Sonoco announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the...

ANDRITZ to Supply New HERB Recovery Boiler for BillerudKorsnäs' Mill in Frövi, Sweden

April 26 - ANDRITZ has received an order from BillerudKorsnäs to supply a HERB recovery boiler for its mill in Frövi, Sweden. The new boiler will replace...

Huhtamaki to Acquire Jiangsu Hihio-Art Packaging in China for EUR 27 Million

April 23 - Huhtamaki has entered into an agreement to acquire the assets of Jiangsu Hihio-Art Packaging Co. Ltd., a leading manufacturer of paper bags, wraps and folding carton...

Stora Enso Reports "Solid Results" for January-March 2021

April 23 - "Global trade has rebounded faster than expected this year and the economic recovery in China and USA are...

Kimberly-Clark Announces First Quarter 2021 Results

April 23 - "Our first quarter results and updated outlook reflect a volatile and challenging environment. First quarter comparisons were impacted by COVID-19 related stock up in the year-ago period, consumer tissue...

Smurfit Kappa Investing EUR 35 Million to Boost Capacity of PM2 at Hoya Mill in Germany

April 21 - Smurfit Kappa has announced a significant investment in its Hoya paper mill and board manufacturing plant in northwest Germany. It is the latest phase of...

Sappi's Ultracast Viva Wins Green Product Award 2021

April 21 - Sappi North America announced that its Ultracast Viva release paper has won the Green Product Award 2021 jury prize in the fashion category. The award program recognizes companies and...

BillerudKorsnäs Launches New Generation of Coated Liner

April 21 - BillerudKorsnäs is introducing its latest development in White Top Kraftliner, DecorX. The launch opens up great improvement potential for decorative...

Kemira Appoints Terhi Kivinen as Chief Communications Officer

April 21 - Kemira has appointed Terhi Kivinen as Chief Communications Officer of Kemira Oyj starting from May 1, 2021. Kivinen joined Kemira as as Director Global Communications and Stakeholder...

Stora Enso to Permanently Close Kvarnsveden and Veitsiluoto Mills, Reducing Paper Capacity by over 1.3 Million Tonnes

April 20 - Stora Enso will start co-determination negotiations with employees at its Kvarnsveden Mill in Sweden and...

Graphic Packaging International Adds Paperboard Punnet to ProducePack Portfolio

April 20 - Graphic Packaging International announced the launch of its ProducePack Punnet, an innovative paperboard alternative to plastic punnet trays for fresh fruit and vegetables...

SCA to Increase Prices on Its White and Brown Kraftliner in Europe

April 20 - SCA said that it will increase the prices of its white and brown kraftliner in Europe by EUR 50 per tonne. The new price is valid from...

Paper Excellence Permanently Closes Mackenzie Pulp Mill; to Restart One Paper Machine at Powell River Mill

April 19 - Paper Excellence announced the permanent closure of the Mackenzie Pulp Mill located in Mackenzie, British Columbia, Canada. Production at the mill was...

Total U.S. Boxboard Monthly Production Essentially Flat in March 2021

April 19 - The American Forest & Paper Association (AF&PA) has released its March 2021 Boxboard Monthly report. According to the report, total boxboard...

U.S. Containerboard Production Increased Nine Percent in March 2021

April 16 - The American Forest & Paper Association (AF&PA) has released its March 2021 Containerboard Monthly report. According to the report, total containerboard...

Total U.S. Printing-Writing Paper Shipments Decreased 20 Percent in March 2021

April 16 - The American Forest & Paper Association (AF&PA) has released its March 2021 Printing-Writing Monthly report. According to the report, total printing-writing paper...

Total U.S. Packaging Papers & Specialty Packaging Shipments Increased Three Percent in March 2021

April 16 - The American Forest & Paper Association (AF&PA) has released its March 2021 Packaging Papers & Specialty Packaging Monthly report. According to the report...

Sappi Europe Increases Price for All Mechanical Coated Paper Grades in Europe by 10-12%

April 16 - Sappi Europe has announced a price increase for all its mechanical coated paper grades by 10-12% for all European customers with immediate effect as contracts permit...

Market Pulp Price Surge: What's Driving Prices Higher?

April 15 - Market pulp is a critical global commodity within the pulp and paper industry. As such, market pulp is a constant fixture in global trade flows because of its primary role in in manufacturing numerous paper grades...

FSC Launches Interactive Portal for Consumers to Shop FSC-Certified Products

April 15 - The Forest Stewardship Council (FSC) launched a new interactive portal to make it easier for U.S. consumers to buy products sourced from responsibly managed forests...

BillerudKorsnäs Appoints Matthew Hirst as Executive Vice President Commercial

April 15 - BillerudKorsnäs announced the appointment of Matthew Hirst as new Executive Vice President Commercial. He will take office on 16 August and will be a member of the Executive Management Team...

Valmet to Deliver New Evaporation Plant to Södra Cell Mönsterås Pulp Mill in Sweden

April 14 - Valmet will deliver a new evaporation line 3 for Södra Cell Mönsterås pulp mill in Sweden. The new line will replace the oldest evaporation line 1 at the mill...

ND Paper Names Bruce Hogan as VP and GM of Old Town Division

April 14 - ND Paper announced that Bruce Hogan has been named the new Vice President and General Manager of ND Paper's Old Town Division. A pulp and paper...

Sappi Europe Announces Price Increase for All Coated and Uncoated Paper Grades

April 14 - Sappi Europe has announced a second price increase for all its woodfree coated and woodfree uncoated paper grades by 7 - 10% effective June 1 for all markets in Europe. This is...

The Navigator Company to Increase Prices in Europe for Its Range of Papers

April 13 - The Navigator Company announced that it will increase paper prices in Europe from 6% – 9%, effective with deliveries from May 10. The company said that it will provide...

Liberty Diversified International Acquires Houston-based Southern Container

April 13 - Liberty Diversified International (LDI) announced the acquisition of Southern Container, a Houston-based...

Monadnock Paper Mills Now Sustainable Green Printing Partnership Patron

April 12 - Monadnock Paper Mills announced that it has joined as a patron of the Sustainable Green Printing Partnership, a non-profit organization that certifies...

Rayonier Advanced Materials to Sell Its Lumber and Newsprint Businesses to GreenFirst Forest Products for $214 Million

April 12 - Rayonier Advanced Materials and GreenFirst Forest Products, a Canadian lumber company, announced that the parties have entered into a binding asset...

Lecta Announces Second Price Increase on Its CWF and UWF Sheets and Reels

April 12 - Lecta has announced a second price increase of 8% on all its 2-side CWF (coated woodfree) and UWF...

LEIPA Names Mike Petersen as Head of Sales Packaging Paper

April 12 - LEIPA Group announced that Mike Petersen will be joining its sales team as Head of Sales Packaging Paper, effective May 1. Peterson will have overall responsibility for all related end-to-end...

Neenah Completes Purchase of ITASA, a Coater and Converter of Release Liners

April 8 - Neenah announced that it has completed the previously announced agreement to acquire Global Release Liners, S.L., the parent company of ITASA, a leading...

Valmet Supplies First AI Based Machine Vision System to Progroup's Containerboard Machine in Germany

April 8 - Valmet will deliver the world's first artificial intelligence based Valmet IQ Web Inspection System to Progroup's paper machine PM2 in Germany. The new machine vision...

Graphic Packaging International Supports Estrella Damm's Plastic Replacement Initiative

April 8 - Graphic Packaging International has partnered with Estrella Damm to replace 100 percent of its plastic...

Heinzel Group Reports "Respectable" Result in Challenging Environment of 2020

April 7 - Heinzel Group increased production in both the paper and pulp segments in 2020, with total production rising to 1,607,030 metric tons in 2020. The growth in paper...

Essity Announces Price Increases for its Consumer Tissue

April 7 - Essity has announced price increases for its Consumer Tissue in the company's key markets. Essity said the percentage increases are, on average, in the mid-to-high...

Sappi Europe Increases Prices for all Graphical Paper Grades for Export Markets

April 7 - Sappi Europe announced price increases for all of its mechanical coated, woodfree coated and woodfree uncoated paper grades by 8-11 % with immediate effect as...

Paper Excellence Acquires Interest in Atli Chip Limited Partnership in BC

April 6 - Paper Excellence has acquired an interest in the Atli Chip Limited Partnership. The Partnership has acquired the assets of the North Island Chipping facility situated...

PPC Honors Former WestRock CEO Steve Voorhees with Robert T. Gair Award for Lifetime Achievement

April 6 - The Paperboard Packaging Council (PPC) has selected Steven C. Voorhees, former CEO of WestRock, as the recipient of its 2021 Robert T. Gair Award. Named after the man whose innovation gave birth to...

Pixelle Acquires Two Specialty Papers Businesses

April 5 - Pixelle Specialty Solutions today announced it has completed two strategic investments that will further strengthen its portfolio and enhance service to new and existing customers...

Hood Container Acquires Sonoco's U.S. Display and Packaging Business for $80 Million

April 5 - Hood Container Corporation has acquired Sonoco Display and Packaging business for $80 million in cash. The business produced net sales of approximately...

Stora Enso Exiting the Dissolving Pulp Business

April 2 - Stora Enso has announced its decision to permanently discontinue the production of dissolving pulp, which is used around the world to produce viscose...

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