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Asia

Nanning Shuixin Ketien enters particleboard business with a new production line in China

Nanning Shuixin Ketien (SciSky) invests into a new particleboard line in China. According to the announcement, the company placed an order for the particleboard plant with Siempelkamp for the forming and press
Accidents

Rayonier Advanced Materials assessed impact of Hurricane Irma on company’s financials

Rayonier Advanced Materials expects USD 6 million impact to Net Income and a USD 9 million impact to Pro Forma EBITDA due to the production interruption and the costs to restart operations. Additionally,
Companies

Stora Enso completed sale of its holding in Bulleh Shah Packaging in Pakistan

Stora Enso completed the divestment announced on July 26, 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages
Editor's choice

Norbord started-up OSB production at the Inverness OSB mill in the UK

Norbord completed GBP 95 million investment at its OSB mill in Inverness, the UK. According to the announcement, the company started up its production. The company relocated the continuous press from the Alberta, Canada
Companies

WestRock plaans to build a new corrugated box plant in Brazil

WestRock, a leading provider of differentiated paper and packaging solutions, announced plans to build a new corrugated box plant in the Brazilian state of Sao Paulo to meet growing demand from WestRock’s regional