22 September 2023
Weyerhaeuser Company today announced it has received approval from the American Carbon Registry for its Improved Forest Management (IFM) carbon credit project in Maine. Covering approximately 50,000 acres and verified through a third-party auditor, the Kibby Skinner IFM Project is the first issuance of credits for Weyerhaeuser through the voluntary carbon market. The project has an estimated initial credit issuance of nearly 32,000 mtCO2e, with one credit equal to one metric ton of carbon dio
Read more...22 September 2023
The Government of Canada is committed to advancing economic reconciliation, closing socio-economic gaps and providing more sustainable solutions that tackle climate change and grow a prosperous low-carbon economy. Enhancing Indigenous leadership in forestry-related opportunities, businesses, careers and governance is an important step in this direction. Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, launched a call for expressions of interest (EO
Read more...22 September 2023
The global wooden cutlery market is expected to be valued at US$ 193.2 million in 2023. Shifting consumer preferences towards natural and organic lifestyle choices, bolsters the overall scope for the wooden cutlery market, which is projected to grow at a CAGR of 4.8% between 2023 and 2033, totaling around US$ 308.8 million by 2033. The shift towards natural and organic lifestyle choices is a significant trend that is expected to boost the growth of the wooden cutlery market. Consume
Read more...22 September 2023
The global paper bubble wrap market size was valued at around US$ 600 Mn in 2021 and it is expected to reach US$ 629 Mn in 2022. With growing usage across industries like manufacturing, e-commerce, and logistics, the overall demand for paper bubble wrap is projected to grow at a CAGR of 5.0% between 2022 and 2032, topping a valuation of US$ 1.1 Bn by 2032. The total paper bubble wrap market is estimated to hold 18% of the global packaging market worth US$ 33 Bn, in 2022. The unbleac
Read more...21 September 2023
Sippy Cups Market Outlook (2023 to 2033) The sippy cups market is estimated to be valued at US$ 9,744.02 million in 2023 and is expected to reach US$ 15,000 million by 2033. The adoption of sippy cups is likely to advance at a CAGR of 4.4% during the forecast period. The global infant care industry has been surging at a significant rate in terms of value sales, which can be attributed to an increase in concerns among parents regarding the safety and hygien
Read more...21 September 2023
UPM Specialty Papers now offers a compostable solution for paper-based food stickers. UPM LabelCoatTM and UPM LabelCoatTM Prime label face papers are certified as both industrially (EN13432:2000) and home compostable (NFT51-800:2015), helping customers and brand owners meet EU’s Packaging and Packaging Waste Regulation proposal (PPWR) requirements. PPWR aims to ensure that all packaging in the EU must be reusable or recyclable by 2030. It also sets out the requirements that st
Read more...UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), has acquired 80 percent of the equity in a newly formed company, UFP Palets y Embalajes SL, for approximately $52 million USD. UFP Palets is comprised of the former pallet manufacturing operations of Palets Suller SL, Serrería y Palets Chiva SL and Drevex Castellón SL, collectively known as Palets Suller Group. The company had trailing 12-month sales of approximately $38 million USD through August 202
Read more...20 September 2023
Clearwater Paper Corporation today announced that President and Chief Executive Officer, Arsen Kitch, and Senior Vice President and Chief Financial Officer, Sherri Baker, will participate in a fireside chat at the 2023 TD Paper & Forest Products Conference in Toronto on Tuesday, September 26th beginning at 10:00am EST. Mr. Kitch and Ms. Baker will also be available for one-on-one and group meetings. ABOUT CLEARWATER PAPER Clearwater Paper is a premier
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