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HALIFAX - Forestry workers who have been out of work welcome Paper Excellence’s announcement to spend $350 million to transform the Northern Pulp kraft pulp mill in Pictou that has been in hibernation since 2020.
Investment to Convert
Company Announces Intentions to Close 70,000 Tons/Year of Capacity at
Crossroads Paper recently drew capital from an investment firm as it continues to develop a $320 million containerboard mill that would serve as a big buyer of recycled fiber in the western U.S.
A preliminary offer to buy out Verso Paper has brought new uncertainty to an effort by timber-industry businesses that have formed a cooperative to buy Verso’s shuttered Wisconsin Rapids plant and reopen it.
MIAMISBURG, Ohio, July 14, 2021 -- Verso Corporation (NYSE: VRS) confirmed that it has received an unsolicited proposal from Atlas Holdings LLC regarding a potential transaction to acquire all outstanding shares of Class A common stock of Verso for $20.00 per share in cash.
When Chuck Daniels explains working forests to a 6th grader, he tells them they're full of life. He also says we depend on the forests, and the forests depend on us.
FORT MILL, S.C.–Jul. 15, 2021–
Northern Pulp to become a best-in-class operation and one of the world's cleanest, most environmentally focused, and community-based mills.
Remi G. Lalonde, president and chief executive officer, and Hugues Simon, president, Wood Products, recently visited Resolute’s Senneterre and Comtois sawmills in the Abitibi and Nord-du-Québec regions where they met employees and discussed the US$22 million capital investment planned for Senneterre.
THUNDER BAY – Twenty-nine new forest fires were discovered in the Northwest Region by late afternoon on Wednesday. There are currently 97 fires active in the region.
Solenis to Merge with Sigura, Creating Diversified Leader in Sustainable Solutions
Recent media reports by CBC and others concerning the provincial Large Industrial Renewable Energy Purchase Program are flawed.
PulPac’s “Dry Molded Fiber” is a patented manufacturing technology for the circular economy – using renewable pulp and cellulose resources to produce low cost, high performance, fiber-based packaging, and single-use products.
(All financial information is in U.S. Dollars)
RICHMOND, British Columbia--Paper Excellence, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, today announced that Paper Excellence and its subsidiaries (“Paper Excellence”) have received a debt commitment letter from leading financial institutions for the commitment of an aggregate of $1.95 billion of financing.
Valmet Oyj (“Valmet”) and Neles Corporation (“Neles”) announce that their respective Boards of Directors have today signed a combination agreement (the “Combination Agreement”) and a merger plan to combine the two companies through a merger (the “Combined Company”).
July 6, 2021 – Powell River, British Columbia – Tla’amin Nation (“Tla’amin”) and Western Forest Products Inc. (“Western”) today announced the signing of the Renewal Agreement (“Agreement”) which builds upon their current 2019 Memorandum of Understanding.
[Prince Albert, SK] – Paper Excellence announced today that it recently donated 9,000 jack pine seedlings to the James Smith Cree Nation. James Smith Cree Nation is located on Treaty 6 territory, approximately 60 kilometres east of Prince Albert.
MONTRÉAL, July 8, 2021 - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) expects to announce its second quarter financial results on July 29, 2021, at 7:00 a.m. (ET), and to hold a conference call to discuss the results at 9:00 a.m. (ET).
There are now 15 wildfires classified as highly visible or potentially threatening
TERRACE, B.C.—The forest industry in B.C.’s northwest is working together to use more waste wood from logging operations and reduce greenhouse gas emissions.
Our Resolute-LP – Larouche (Quebec) engineered wood facility won the equipment-based innovation in safety award at the APA – The Engineered Wood Association’s 2020 Safety and Health Awards.
Bathroom sinks made of wood fibre, energy derived from garbage, skyscrapers built of cross-laminated timber, and carbon fibre that is used in Formula 1 cars are all examples of bioproducts that are helping us replace the use of fossil fuels in our everyday lives.
