Valmet will supply cooking and fiberline to Guangxi Sun Paper Co., Ltd’s new Beihai mill in China. The pulp mill will have a capacity of 800,000 air dried tonnes per year of bleached hardwood kraft pulp. The order is included in Valmet's orders received of the second quarter 2020. The value of the order will not be disclosed. Valmet’s delivery is part of Sun Paper’s new greenfield mill in Beihai, which will eventually have a total pulp and paper capac

Latvijas Finieris, a global leading developer, producer and supplier of birch plywood products, has together with Stora Enso taken the next steps towards replacing phenol- in resins used in plywood -with lignin. This new lignin-based glue significantly reduces the carbon footprint of plywood products all the way from production to final end-use applications without compromising on technical performance. Across markets, there are calls for change as consumers are increasingly turning

MIAMISBURG, Ohio, June 9, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that it is taking immediate actions to offset unprecedented market decline due to the COVID-19 pandemic and to reposition the company for future success.Verso will indefinitely idle paper mills in Duluth, Minnesota, and

HEIDELBERG, Germany, June 9, 2020 /PRNewswire/ -- Comprehensive transformation to secure the future underway Clear focus on core business and profitability Agreement on reduction in force by about 1,600 jobs Stable financial framework with sufficient liquidity

BERLIN, June 9, 2020 /PRNewswire/ -- Global forests are valued at $50 trillion to $150 trillion, with the single largest component of that value coming from the role forests play in regulating the climate. But with a variety of threats—led by land-use change and rising temperatures—cau

ZURICH, June 8, 2020 /PRNewswire/ -- Amcor  (NYSE: AMCR) (ASX: AMC) has today joined the World Wildlife Fund-led activation hub, ReSource: Plastic, a global consortium of companies and organizations collaborating to keep waste out of the environment.

TORONTO, June 8, 2020 /PRNewswire/ - GripMetal™ is a disruptive surface modification technology that improves the performance of metals in a variety of applications and in industries as diverse as Construction, Automotive, Aerospace, Electronics, and Heat Transfer.  The first successful application for GripMetal™ technology was in automotive brake p

IRVINE, Calif., June 8, 2020 /PRNewswire/ -- Two truckloads of surplus milk donations arrived last week at Southern California's Second Harvest Food Bank of Orange County from an innovative dairy production facility in Kansas. An extraordinary differentiator and potential g

Valmet will supply a complete steam boiler plant to Norske Skog’s paper mill in Bruck an der Mur, Austria. The order was included in Valmet’s orders received of the first quarter 2020. The value of the order is approximately EUR 40 million. The boiler plant will be handed over to the customer in 2022. The investment will improve the mill’s cost competitiveness, reduce its carbon footprint and create new business beyond publication paper by generating reve

Clearwater Paper Corporation, a premier supplier of quality tissue and bleached paperboard products, today announced a preliminary update to the company’s previous outlook for second quarter 2020 Adjusted EBITDA of $45 to $55 million. Due to demand, production, and cost trends in April and May that were more favorable than previously anticipated, the company now expects Adjusted EBITDA for the second quarter of 2020 to be in the range of $71 to $77 million. A reconciliation of