Press Releases

Stora Enso has completed the divestment of its Nymölla paper production site in Sweden, and all related assets to Sylvamo, a US-based global producer of uncoated paper. The divestment announced on 15 September 2022 was closed today after regulatory approvals. The enterprise value of the transaction is approximately EUR 150 million. The Nymölla site's capacity is 485,000 metric tonnes of woodfree uncoated office papers, with Multicopy as the leading pap

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eClinicalWorks, the largest ambulatory cloud EHR, today announced Orthopaedic Institute of Ohio’s success with eClinicalWorks technology to provide comprehensive care, improve efficiency, and lower patient wait times by leveraging the industry’s first health information search tool, PRISMA. With PRISMA, Orthopaedic Institute of Ohio is able to streamline patient record retrieval from different hospitals nationwide without any custom integration, which is facilitating better medica

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GreenFirst Forest Products Inc.is pleased to announce that it has entered into a definitive agreement to sell its La Sarre and Béarn sawmills and its Abitibi and Témiscamingue forestry operations, as well as their related assets and business operations to Chantiers Chibougamau Ltée  a long-standing Quebec-based and family-controlled forestry company, for approximately $90 million in cash payable at closing, including approximately $40 million for specific working cap

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Valmet upgrades the coating section of the board machine 5 at Stora Enso Imatra Mills, Tainionkoski in Finland. In addition to electric heated OptiDry Coat air dryers, the upgrade includes a drying capacity increase in the coating section, a new wire loop to the existing dryer group and automation. The upgrade will bring energy savings and reduce emissions. The order was included in Valmet's orders received of the third quarter 2022. The value of the order will not be disclosed.

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Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced today it received a $1 million grant from the Maine Technology Institute’s Forestry Recovery Initiative to improve productivity and reduce energy in its Somerset Mill.The grant funds will be used to improve Sappi’s pulp yield in the Somerset Mill, specifically through a new chip treatment process that will improve productivity, lower energy consumption, and reduce

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GreenFirst Forest Products Inc.is pleased to announce that it has entered into a definitive agreement to sell its La Sarre and Béarn sawmills and its Abitibi and Témiscamingue forestry operations, as well as their related assets and business operations to Chantiers Chibougamau Ltée  a long-standing Quebec-based and family-controlled forestry company, for approximately $90 million in cash payable at closing, including approximately $40 million for specific working cap

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The air water spray will be installed below the last cooling cylinder to increase the paper moisture up to 3.5% with a 2-sigma value below 0.1%. The VIB MoistureTech will be installed before the machine calender to ensure highest paper quality standards. Precise steam application and the unique design comprising dwell zone provide best paper parameters for efficient calendering. The VIB MoistureTech is not only used for decor paper but also for conditioning and curl control on laminated grade

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ANDRITZ has received an order from Stora Enso to deliver a new debarking line, a new biomass boiler, and to upgrade the recausticizing plant for its Oulu mill in Finland. ANDRITZ has received an order from Stora Enso to deliver a new debarking line, a new biomass boiler, and to upgrade the recausticizing plant for its Oulu mill in Finland. New debarking line, equipped with digital Smart Wood Processing products, with a capacity of about 270 m3 solid wood over-bark

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Clearwater Paper Corporation a premier supplier of bleached paperboard and quality tissue products, today announced an update to the company’s previous outlook for the fourth quarter and full year 2022.Due to higher-than-expected major maintenance related costs at the company’s Lewiston, Idaho mill, and other operational issues, the company now expects Adjusted EBITDA for the fourth quarter of 2022 to be in the range of $28 to $34 million and full year 2022 Adjust

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Canfor Pulp Products Inc.is announcing the immediate curtailment of its Intercontinental Pulp Mill, which is expected to be in place for four weeks. The curtailment is due to the lack of available economic fibre as a result of sawmill curtailments. The downtime will remove approximately 24,000 tonnes of market kraft pulp."The sawmill curtailments occurring in BC are materially reducing the residual fibre available for pulp mills. Based on the near-term fibre outlook, we have made the dif

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