GP reached an agreement today to sell the company‘s nonwovens business to Glatfelter, a leading global supplier of engineered materials, headquartered in Charlotte, North Carolina, for $175 million. The sale must still go through customary closing conditions and regulatory clearances from competition authorities.
International Paper Reaches Agreement to Sell Its Corrugated Packaging Business in Turkey
MEMPHIS, Tenn., Jan. 5, 2021 -- International Paper (NYSE: IP) has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately €66 million.
Paper machine catches fire at Vancouver Island mill
No one was hurt after a fire erupted Monday morning, Jan. 4, 2021, in one of the paper machines at Paper Excellence Canada in Port Alberni.
Novolex Aquires B&H Bag Company
Adds Production Capacity to Novolex Duro Bag Operations
2021 could mark a turning point for the logging of old growth trees in B.C.
Experts say changes needed for both endangered ecosystems and forestry industry to survive
E-commerce in 2020 has driven up demand for boxes, challenging cardboard manufacturers
For families stuck indoors and desperate for entertainment, cardboard boxes can transform into a makeshift playground for the kids or a refuge for the cats.Day to day, though, they have been a crucial if often overlooked link in the nation’s supply chain.
Despite pandemic, 60 new print magazines launched in 2020
The number of new print magazines launched in the US dropped by more than half in 2020 to 60, compared to 139 a year earlier.
Wood products pricing surge expected to persist, raising 2021 house, renovation costs
An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021.
We must improve how B.C. forests are managed
The forest sector has deep roots in rural British Columbia with multi-generational families working in the industry either directly in logging or in related businesses like selling logging trucks.
West Fraser and Norbord Announce Mailing of Circulars for Special Meetings of Shareholders
VANCOUVER, BC and TORONTO, ON — December 21, 2020 — West Fraser Timber Co. Ltd. and Norbord Inc. today jointly announced that West Fraser’s management information circular and Norbord’s management proxy circular.
Powell River mayor outlines paper mill conversation
While Paper Excellence has announced it will invest more than $13 million in its Port Alberni paper mill, the company remains committed to Powell River, according to mayor Dave Formosa.
Limited downtime at Canfor this Christmas period
Things are much different at Canfor’s mill here and at the company’s facilities elsewhere at the end of this year compared to the same time period of the past several years.
“We’ve seen high highs and low lows,”: Council of Forest Industries President recaps wild 2020
BC’s forestry sector is hoping for a little less volatility heading into 2021 as we slowly find our way out of the pandemic.
Study Explores Diversity-Innovation Link in Pulp and Paper Industry
Innovation is key to corporations’ success, allowing companies to identify and respond to new market opportunities. In a new analysis, researchers from North Carolina State University compared companies ranked among the world’s most innovative with the largest pulp and paper companies to understand how diversity among company leaders may affect innovation.
Coming to Your Doorstep: Recycled Containerboard from Kingsport Mill
E-commerce has forever changed the way people shop, and now recycled containerboard will change the way products are delivered.
While online shopping is always popular during the holiday season, it has increased even more this year, amidst the COVID-19 pandemic.
Protesters maintaining logging road blockade for five months to protect old-growth
A group of protesters trying to protect old-growth forests have been blocking a logging road near Port Renfrew for nearly five months and say they’ll remain as long as the trees are threatened.
Port Alberni ending year with positives in business
Port Alberni will wrap up 2020 with a $13-million gift from Paper Excellence, in the form of the most significant upgrade to the paper mill since 2008.
Forest Certification Partnership Wins Leadership Award
The Appalachian Woodlands Alliance has won the 2020 Forest Stewardship Council (FSC) Leadership Award. for its work to expand forest certification opportunities for small landowners.
Another reprieve for the rail line
The operators of the Huron Central Railway are extending their drop-service deadline until June 30, 2021.
Norbord to Resume Production at Chambord, Qc OSB Mill in Spring 2021 as Part of Flexible Operating Strategy to Meet Strong Customer Demand
TORONTO, ON (December 14, 2020) – Norbord Inc. (TSX and NYSE: OSB) today announced that in response to increased customer demand the Company intends to restart production at its oriented strand board (OSB) mill in Chambord, Quebec in spring 2021.
Court extends Northern Pulp creditor protection
Northern Pulp is safe from its creditors for another five months.
No injuries in warehouse fire at Cascades
ROCKINGHAM — The Rockingham Fire Department responded to a warehouse fire at Cascades Moulded Pulp on Cascades Way Tuesday afternoon.