With over 200 registrations, the first AWAVirtual™ International Fiberboard Industry Conference and Exhibition was a success. With speakers and visitors from all over the world, the virtual setup was a…
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Virtual International Fiberboard Industry Conference and Exhibition – Register now!
The latest product developments and innovations in fiberboard in all its forms coupled with explorations of current and future market status, opportunities, and challenges, as well as the related environmental…
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CCL Industries acquires InTouch Label and Packaging in the US
CCL Industries, a world leader in specialty label and packaging solutions, has acquired InTouch Label and Packaging Co., Inc. in the US. According to the announcement, the enterprise value of…
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DS Smith reports FY2019/2020 financial year results
DS Smith Plc reported full year ended April 30, 2020 results on July 2, 2020. According to the announcement, the company showed a strong financial performance and position, growing market…
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ITC orders a machine vision system for its board machine in India
ITC Limited placed an order with Valmet for supply of a new-generation machine vision system to ITC in India. The commissioning is scheduled during the third and fourth quarter of…
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BillerudKorsnäs revaluates forest land in Sweden
BillerudKorsnäs informed about revaluation of forest land. According to the disclosed information, the company had made a valuation of approximately 36 000 hectares of forest assets, of which approximately 18,000…
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The Governor of Georgia signs the Tall Mass Timber Bill
The Governor of Georgia signed HB 777 bill, to amend Chapter 2 of Title 8 of the Official Code of Georgia Annotated, relating to standards and requirements for construction, alteration,…
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Ahlstrom-Munksjö resolves on a dividend payable on July 9, 2020
The Board of Directors of Ahlstrom-Munksjö Oyj has resolved on a dividend in the amount of EUR 0.13 per each outstanding share. The dividend is being paid based on the…
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DŘEVOPODNIK HAUSNER installs a new log bandsaw at its sawmill in the Czechia
DŘEVOPODNIK HAUSNER installed a new hydraulic log bandsaw equipped with a Mudata optimization system at its sawmill in the Czech Republic. The second phase of the project which is being…
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KAMA is hiring at FBB production line in Russia
OOO “CBK KAMA” and OOO “KAMA Karton” need more than 50 new employees for its production site in Krasnokamsk in Russia. According to the announcement, the extra personnel is needed…
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Segezha Packaging invested in a new multicolor printing machine at its operation in Germany
Segezha Packaging, which consolidates the European paper packaging production facilities of Segezha Group (part of Sistema JSFC), announced start of the new multicolor printing machine operation at Segezha Packaging plant…
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Papier Union GmbH and Papyrus Deutschland become Inapa Deutschland GmbH
Papier Union GmbH and Papyrus Deutschland GmbH & Co. KG have merged and will now operate under the brand Inapa Deutschland GmbH, effective from July 1, 2020. According to the…
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Neenah announces refinancing plans
Neenah Paper announced that the company is seeking to refinance its $175 million of unsecured Senior Notes which are due in May 2021. According to the announcement, the company anticipates…
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Sveza launches a new flexible plywood production in Russia
SVEZA has launched production of an innovative product – SVEZA Flex, a flexible plywood for building structures with complex geometries. According to the announcement, the product is now undergoing the…
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Arctic Paper Kostrzyn revamps a press section of its paper machine in Poland
Arctic Paper Kostrzyn S.A., a subsidiary of the Arctic Paper Group, signed a contract with PMP for a revamp of a press section of a paper machine. The investment is…
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Setra expands range of construction timber, invests in a new planing mill in Sweden
Wood products company Setra is expanding its range of construction timber with a major investment in new planed products at its new planing mill in Hasselfors, Sweden. The new planing…
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Pinnacle Renewable reaches agreement with its lenders
Pinnacle Renewable Energy announced it has reached an agreement with its lenders to amend the company’s existing credit agreement. According to the announcement, the terms of the amendment are temporary…
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Koskisen plans to invest in a new sawmill in Finland
Koskisen group is planning an extensive sawmill investment in Järvelä, Finland. The intention is to make the investment decision during 2020, and the new mill would start operations in 2022….
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Mosaic Forest Management restarts operations in Canada
Mosaic Forest Management announced restart of the company’s operations. The company will continue to monitor market conditions going forward and make adjustments to its operations accordingly. According to the announcement,…
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Klingele acquires kraftliner mill from Klabin in Brazil
The Klingele Group, one of the leading independent manufacturers of corrugated base paper and corrugated cardboard packaging, has signed an agreement with Klabin S.A., the largest producer of paper and…
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Cartiera di Ferrara orders complete dryer section rebuild of its coreboard machine in Italy
Cartiera di Ferrara placed an order with Toscotec for a complete dryer section rebuild of its coreboard machine at Ferrara mill in Italy. The paper machine produces coreboard in the…
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Huhtamäki signs a EUR 150 million freely transferable loan agreement
Huhtamäki signed a EUR 150 million freely transferable loan agreement (Schuldschein). According to the announcement, the loan is targeted to institutional investors. It is divided into two floating rate and…
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Asia Symbol orders Valmet Recovery Boiler Optimizer advanced process control for its mill in China
Valmet announced supply of Valmet Recovery Boiler Optimizer advanced process control (APC) solution to Asia Symbol (Shandong) Pulp and Paper Co., Ltd in China. The delivery will take place in…
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West Fraser Timber declares a quarterly dividend payable on July 15, 2020
West Fraser Timber Co. declared a quarterly dividend of $0.20 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July…
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Sun Paper orders pulp dewatering and white liquor plant technologies for its new mill in China
Sun Paper placed an order with Andritz for supply of pulp dewatering and white liquor plant technologies and key process equipment for the company’s new pulp mill in Beihai, China….
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Koehler expands its railway connectivity in Germany
Koehler Paper Group increased its pulp supply chain reliability with investment in the railway connectivity. According to the announcement, the total investments amounted to EUR 1 million. Since the start…
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Segezha initiates the Container Terminal project in Russia
Segezha Group, a subsidiary of Sistema PJSFC and a leading Russian vertically integrated forest holding with a full cycle of logging and advanced wood processing, announced start of the Container…
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Maibec acquires LP’s CanExel brand and its production facility in Canada
Maibec acquired the CanExel brand and its production facility located in East River, Nova Scotia. Both the brand and the facility have been owned by LP Building Solutions (LP) for over…
Read MoreKAMA gets new General Director in Russia
Vladimir Druzhkov was appointed as the General director of OOO “CBK KAMA” and OOO “KAMA Karton”. According to the announcement, the decision was taken by the sole owner of the…
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Lenzing pays no dividend for 2019 financial year
Lenzing AG, a leading manufacturer of specialty fibers made from the renewable raw material wood, informed that the 76th Annual General Meeting of the company resolved on June 18, 2020,…
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