East Millinocket closed on a deal on Tuesday to purchase the former Great Northern Paper Co. LLC mill site, for generations the home of the town’s single largest employer, on Main Street for $1.4 million in grant funds.

HARTSVILLE, S.C., Aug. 03, 2020 -- Sonoco (NYSE: SON), one of the largest global diversified packaging companies, today announced it has acquired Can Packaging, a privately owned designer and manufacturer of sustainable paper packaging and related manufacturing equipment, based in Habsheim, France, for total consideration of €41.7 million, or approximately $49 million.

Today, the U.S. Food and Drug Administration is announcing that the manufacturers of certain per- and polyfluoroalkyl substances (PFAS) used for grease-proofing in paper and paperboard for food packaging (for example, as coatings on some fast-food wrappers, to-go boxes, and pizza boxes) have voluntarily agreed to phase-out their sales of these substances for use as food contact substances in the United States.

CINCINNATI, OHIO, 30 Jul 2020 - Saica Group, one of the largest and most advanced European players in the development and production of recycled paper for corrugated packaging is establishing its first North American facility near Cincinnati, Ohio.

PURCHASE, NY—July 29, 2020—Central National Gottesman Inc. (CNG), which owns sales and distribution businesses in the global pulp, paper, tissue, packaging, wood products and metals industries, announced today that its Kelly/Spicers division has acquired Northern California-based American Packaging, further expanding its packaging business throughout the Western U.S.

While work-from-home policies are helping to make lumber a top performer as shut-in Americans build decks and fences, office closures are devastating another tree product: paper.

Ahlstrom-Munksjö announces a further investment in its Binzhou plant to be able to produce abrasive backing papers locally in China. Through this investment the company will further strengthen its leading position in abrasive backings globally.  

Weight- and the collapse in demand for writing papers during the coronavirus pandemic is almost inevitably reflected in the price of pulp and, at the same time, extensively in the Finnish forest industry.

Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt.

Rising temperatures and droughts have made trees in Germany more vulnerable to attacks by bark beetles and other insects. That's led to a nearly sixfold jump in trees destroyed by pests over the past two years.

Antalis has been informed of the completion of the acquisition by KPP on 21 July 2020 of all Antalis shares held by Sequana at a price of 0.10 euros per share, and of all Antalis shares held by Bpifrance Participations at a price of 0.40 euros per share, representing 83.7% of the share capital of Antalis (based on a share capital of 71,000,000 shares).

The Confederation of Paper Industries (CPI) is pleased to announce the publication of its Annual Review 2019-2020 – Primed for Growth.

Solid comparable EBITDA and increased margin despite the decline in delivery volumes caused by the coronavirus pandemic.

As anticipated, Metsä Group’s result improved sequentially in the second quarter of 2020. In the first quarter, the lengthy strikes which impacted all of our business areas impaired our profit-making ability.

Metsä Board’s business operations performed well in the second quarter.

Weyerhaeuser Company (NYSE: WY) today reported second quarter net earnings of $72 million, or 10 cents per diluted share, on net sales of $1.6 billion. 

LAKE FOREST, Ill.--Jul. 28, 2020-- Packaging Corporation of America (NYSE: PKG) today reported second quarter 2020 net income of $57 million, or $0.59 per share, and net income of $132 million, or $1.38 per share, excluding special items. Second quarter net sales were $1.54 billion in 2020 and $1.76 billion in 2019.

Commenting on the impact of Covid-19, Sappi Limited Chief Executive Officer, Steve Binnie said: “In response to the impact that the pandemic is having on people’s lives, we have developed a comprehensive Covid-19 action plan where our priority remains the health and safety of our employees and their families.

Sustana Fiber’s ‘Conversations with Green Champions’ explores environmental responsibility with sustainability-minded organizations like UPM Raflatac, which has launched the first paper label concept consisting of a face stock containing recycled fiber from waste label liners.

Headquartered in Boston, Sappi North America (SNA) is an industry leader with more than 2,000 employees in the United States and Canada, and four mills with the capacity to produce 1.35 million metric tons of paper and packaging and 1.17 million metric tons of kraft, high-yield and dissolving pulp.

Planting trees for future generations. 

Industry achieved four comprehensive sustainability goals 2018, including advances on workplace safety and reductions in greenhouse gas emissions.

During such uncertain times for many businesses it has arguably never been more important to foster corporate sustainability – but how will companies achieve that along with profitability?