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

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

Toscotec will supply a technological upgrade of Paper Prime’s PM1 at their Vila Velha de Rodão mill in Portugal. Planned for mid-2024, the project aims to achieve substantial energy savings and production increase. Turnkey Technological upgrade Toscotec will rebuild the press section of the AHEAD 2.0 tissue line it supplied on a turnkey basis to Paper Prime in 2017. Originally equipped with a suction press roll with the possibility to upgrade to

ANDRITZ has received an order from Nordic Paper to deliver a new wood room with chip and bark handling for its Bäckhammar mill in Sweden. The new wood room contributes to meeting the very high pulp quality standards at the Bäckhammar mill. The plant will have the capacity to process over 1.4 million m3 sob of pine and spruce logs annually. Start-up is scheduled for the fourth quarter of 2025. Christian Persson, Director of Operations at Nordic Paper, says: “The inves

International Paper today announced that it has completed the sale of its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for $484MM (USD) in cash. In addition, the Company completed the sale of its outstanding shares in JSC Ilim Group to its JV partners for $24MM (USD) in cash and is divesting other non-material residual interests associated with Ilim. With the completion of these transactions, International Paper has dives

Pixelle Specialty Solutions a leading manufacturer of specialty papers in North America, has improved safety and productivity at its Spring Grove, Pennsylvania facility by installing a smelt spout robot manufactured by Valmet. The smelt robot is essential for keeping recovery boiler spouts open and improving efficiencies in the liquor recovery cycle. The first smelt robot installation of its kind in North America, the robot regularly cleans the recovery boiler smelt spouts ensuring stable sme

Lessebo Paper, one of the world’s most environmentally friendly boutique paper mills, has inked a new wholesale contract with the Swedish firm Addbrand, a distributor specialising in selling graphic products and services aimed at printers, branding companies, and packaging producers in the Nordic graphic intermediary sector. During 2022, Lessebo Paper launched Lessebo Colours, a new series of environmentally friendly papers in a palette consisting of 48 carefully curated shade

Spahn & Rose Lumber Co. has entered into an agreement to purchase City Lumber Co., a lumber and building-materials supplier, truss manufacturer and hardware store in Huntsville, Alabama. "This longtime, family-owned business has a deep commitment to its community, customers and employees," says Dave Davis, Spahn & Rose's CEO. "Those values dovetail beautifully with Spahn & Rose. We're extremely proud to have City Lumber join the Spahn & Rose fa

Beacon announced today that it has opened new locations in Grand Haven, MI and Joplin, MO to serve residential and commercial contractors and lumberyards. The new branch in Grand Haven, MI is in the Grand Rapids metropolitan area. “This location will serve the popular lake-side community as part of our Western Michigan Beacon OTC® network. Our product range and digital tools, like Beacon PRO+, make us the supplier of choice for the Grand Rapids area,” explained Jake

A.Celli successfully started up on schedule the third E-WIND® P100 paper rewinder supplied to the Chinese company. The paper rewinder, delivered to the Maanshan Huawang’s plant in Anhui, has been installed in the PM16 to process decorative specialty paper Jumbo rolls at 2200 mpm. This rewinder joins the other two P100 provided by A.Celli in 2019 and 2021. This new success, along with the new contract for a fourth P100 that has entered into force on June, furthers