Press Releases

Toscotec will supply two TT SYD MG Steel Yankee Dryers for Machine Glazed paper to the Indian paper manufacturer Chandpur Enterprises Ltd. at their paper manufacturing facility near New Delhi in Uttar Pradesh. The MG dryers will replace the two local steel cylinders installed on their PM1 and PM2 that produce MG Paper in the basis weight range from 40 to 70 gsm. The start-up of the two dryers is scheduled for mid-2024. TT SYD MG: Toscotec’s Steel Yankee expertise for M

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International Paper announced today that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 3,000,000 shares of International Paper Company ("International Paper") common stock from International Paper shareholders. The offer represents approximately 0.86 % of International Paper's shares of common stock outstanding as of the May 9, 2023 offer date. TRC Capital's offer price of $30.67 p

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Boise Cascade’s Building Materials Distribution (BMD) division today announced it has finalized the purchase of a five-acre site in Birmingham, AL. The property is adjacent to the Company’s existing rail-served location, which was acquired in 2019. “Since its integration into the Boise Cascade nationwide network, the Birmingham branch has grown to serve the increasing demand of engineered wood, specialty building products and commodities in the marketplac

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Toscotec has been certified to the International Organization for Standardization 45001:2018 occupational health and safety management system. The certification was issued by Certiquality, an independent third-party assurance body validated by Italy’s national accrediting agency Accredia. Health and safety culture is considered of paramount importance at Toscotec. This new certification is part of a broader effort to prioritise safety through education, training, and awareness

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Valmet will deliver a new refiner with chip washer capacity of 28 ton/h to ARAUCO’s new MDF plant located in Zitácuaro, Mexico. The start-up of the system is planned for the last quarter of 2024. The order was included in Valmet’s orders received of the first quarter 2023. The value of the order will not be disclosed. “We are proud to have had the opportunity to supply Valmet’s spear head defibrator system technology to ARAUCO’s new mil

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Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that Andrew McLellan has been promoted to President and Chief Operating Officer. As President, Andrew will lead Conifex’s business units and pursue value-added opportunities in fibre procurement, lumber manufacturing and marketing, green power generation, and other complementary businesses. Andrew retains responsibility for forest sustainability, safety, and environmental compliance, and will continue to re

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At FESPA Global Print Expo 2023, which is taking place in Munich from 23 to 26 May, leading provider of sustainable woodfibre products Sappi will be showcasing an exclusive selection of its high-quality papers in Hall B1, Stand C45. Under the theme “Maximise the visual impact of your application”, the focus will be on sublimation papers, corrugated base papers and silicone base papers for a variety of self-adhesive applications.   •    Sublimatio

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International technology group ANDRITZ will present its broad range of new and proven technologies and services for the wood industry at the LIGNA 2023 show from May 15 to 19 in Hanover, Germany. Under the motto “Building the Future Together”, ANDRITZ will be focusing on innovative technologies that enable customers to save energy, water, and raw materials in addition to reducing production costs and increasing product quality. Key innovations presented will in

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Arctic Paper S.A. announces that the group's CFO Göran Eklund will retire at the end of June 2023 and will be replaced, with effect as of May 29, by Katarzyna Wojtkowiak, who is currently Chief Accountant. Katarzyna Wojtkowiak has been Chief Accountant and Group Treasury at Arctic Paper for over 11 years and has before that worked in various roles with accounting and finance at Flexlink in Poland. She holds a master’s degree in Capital Investments and Corporate Financ

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Simpcw Resources Group (SRG), the economic-development arm of the Simpcw First Nation, has announced a significant equity investment in a whole-log chipping facility located in Kamloops, British Columbia. The acquisition transaction closed on May 1 and SRG and the Arrow Group of Companie (the Arrow Group) now operate the facility under a newly formed limited partnership, River City Fibre LP. "We strive to identify business opportunities that align with Simpcw cultural-heritage

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