International Paper has entered into an agreement to sell the Kwidzyn pulp and paper mill and supporting operations to Mayr-Melnhof Karton AG for €670 million (approximately $812 million) in cash, subject to closing adjustments for net debt and net working capital. The Kwidzyn mill employs approximately 2,300 people and has the annual capacity to produce 740,000 metric tons of folding boxboard, uncoated freesheet, specialty kraft papers, and market pulp on four machines.

Metsä Board launches a development programme for its white-top kraftliner mill in Kemi, enabled by Metsä Fibre's new bioproduct mill investment announced today. The development programme is a significant step towards the company's sustainability targets for 2030. Metsä Board and Metsä Fibre are parts of Metsä Group. Metsä Board owns 24.9 per cent of its associated company Metsä Fibre. The development programme will increase the mill's a

ReStalk, Inc has entered into a licensing agreement with Sustainable Fiber Technologies (SFT) of Renton, WA, enabling the company to utilize the Sustainable Fiber Technologies' suite of IP to process hemp into cellulose pulp and biopolymers. "Consumer demand for new sources of sustainable packaging is accelerating worldwide. Along with forest-based fibers, we see tremendous interest in hemp and similar alternative agricultural fibers. We believe ReStalk has the potential to

INTERFOR CORPORATION announced that it has reached an agreement with WestRock Company (“WestRock”) (NYSE: WRK) to acquire its sawmill located in Summerville, South Carolina (the “Summerville Mill”) for cash consideration of US$59 million.   For the 12 months ended December 31, 2020, the Summerville Mill produced approximately 125 million board feet of lumber. A new permit was received in 2020 that allows for the production of up to approximately 200 mill

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Valmet will supply Valmet IQ Steam Profiler and Valmet DNA Machine Monitoring systems with condition monitoring analysis and diagnosis services to Zhejiang Jingxing Paper Co., Ltd. in China. The systems will be installed on Jingxing Paper’s paper machines PM12 and PM16 to provide effective moisture profile management and predictive condition monitoring, and to improve production runnability and end-product quality. The order was included in Valmet's orders received of the

Paper Excellence has recently invested more than $600,000 in engineering and consulting work focused on restarting the Prince Albert pulp mill. Paper Excellence originally purchased the Prince Albert pulp mill in 2011. It now plans to restart the facility as soon as possible once the current non-compete agreement with the former owner expires in March 2021. “We plan to replace the entire fibre line from the digester to the last bleaching stage. This will replace the heart of t

SCA has decided to discontinue publication paper production and during the first quarter of 2021 all three paper machines on the site will be closed. LWC1 produced coated publication paper for magazines and commercial print. It started production in 1990 and had a capacity of 250 000 tonnes of publication paper per annumn. SCA has decided to invest SEK 1.45 bn in the production of chemically pretreated thermomechanical pulp on the Ortviken industry site. For furt

Kemira, a global chemicals company serving customers in water intensive industries, announces a 5-15% price increase for most process and functional chemicals used by pulp and paper customers in the Americas region. The price increases will be effective on shipments made on or after March 1, 2021 or as contracts allow. Rapidly escalating costs for raw materials, energy, packaging, and transportation make this price adjustment necessary. Kemira remains committed to adding v

Business Wire IndiaTeam WYN Studio (L-R) Bijay Gautam (Co-Founder & Chief Creative Officer) and Souniya Khu