Press Releases

Press Releases

UPM has concluded the sale of 100% of its shares of Tilhill Forestry Ltd to BSW Timber Ltd in the United Kingdom. The transaction does not have an effect on the employment contracts of the employees of Tilhill Forestry. “Despite the sale, our close relationship with Tilhill Forestry continues and…

Press Releases

Caverion has signed a contract with Valmet AB on the installation of mechanical process piping and equipment at Södra Cell AB’s pulp mill at Värö, Sweden. The contract covers multiple deliveries. Installation work started in spring 2015 and will be completed by spring 2016. The value of the contract will…

Press Releases

The wood products company Setra is to streamline and further develop its processing business in order to strengthen long-term competitiveness. Setra will invest in the processing unit in Skutskär to meet new customer demands. Negotiations will be initiated under the Co-determination at Work Act (MBL) on closure of the planing…

Wednesday, Sep 02, 2015
Press Releases

Smurfit Kappa Group confirms that Mr Tony Smurfit has succeeded Mr Gary McGann as Group Chief Executive Officer with effect from 1 September, 2015. Liam O’Mahony, SKG Chairman, commented: “The Board would like to thank Gary for his substantial contribution in leading the Group over the last 13 years and…

Press Releases

Patrick Industries, Inc. announced today that it has completed the acquisition of the business and certain assets of Edwardsburg, Michigan-based North American Forest Products, Inc. and its wholly owned subsidiary, North American Moulding, LLC (collectively, "North American").  North American is a major manufacturer and distributor, primarily for the recreational vehicle…

Press Releases

Orient Paper, Inc., a leading manufacturer and distributor of diversified paper products in North China, today announced the results of the Company's 2015 Annual Meeting of Stockholders (the "Annual Meeting"), which was held on August 29, 2015, in Beijing, China. At the Annual Meeting, Orient Paper's stockholders: •    Elected two…

Press Releases

Patty Bedient, executive vice president and CFO of Weyerhaeuser will represent the company at the upcoming UBS Global Paper & Forest Products Conference on Thursday, Sept. 10 in New York City. Bedient is scheduled to present at 8 a.m. Eastern time. The webcast links and presentation materials can be accessed…