The new mill will have a flexible line designed primarily to produce dissolving pulp. The scope of supply encompasses the dynamic models, DCS checkout, and Operator Training Simulator (OTS). ANDRITZ’s proprietary simulation tool IDEAS™ will be used to model the following process areas: fiber line, pulp drying machine and recovery boiler supplied by ANDRITZ, as well as the white liquor plant (including biomass gasification) and evaporation plant (including recrystallizati

Sonoco, one of the largest diversified global packaging companies, today announced that its Board of Directors has approved an $83 million investment to strengthen its uncoated recycled paperboard (URB) mill system in the United States and Canada. The majority of the investment includes transforming its Hartsville, S.C., corrugated medium machine (No. 10 machine) into a state-of-the-art URB machine with annual production capacity of approximately 180,000 tons. The new Hartsville mac

The US molded pulp packaging market is forecast to grow 6.1% annually to $1.3 billion in 2024, a new Freedonia Group analysis finds. Though near-term disruptions in supply and demand will result from the COVID-19 novel coronavirus pandemic, the key trends driving molded pulp packaging sales  – namely, rapidly expanding demand for sustainable packaging alternatives – are expected to support a quick return to strong growth as the effects of the virus subside.

ATLANTA, April 10, 2020 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a North American leader in business-to-business distribution solutions, announced today that in response to continued public health precautions regarding in-person gatherings given the coronavirus (COVID-19) pandemic, and out of concern for the health and well-being of share

ATLANTA, April 9, 2020 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) announced today the appointments of two new independent directors to the board—Tim E. Bentsen and James M. DeCosmo—effective immediately. CatchMark also announced that current independent board member Douglas D. Rubenstein

STOCKHOLM, April 9, 2020 /PRNewswire/ -- The coronavirus epidemic in China has sharply reduced importation of forest products in early 2020. During January and February, the import value of logs, lumber, pulp and wood chips totaled 4.6 billion dollars, down 26% and 14%, from the same periods in 2018 and

ORLANDO, Fla., April 9, 2020 /PRNewswire/ -- Tupperware Brands Corporation (NYSE: TUP) today announced an organization redesign aimed at driving long-term sales and profitability growth, along with the appointments of three new executives to the Company's leadership team.

MEMPHIS, Tenn., April 9, 2020 /PRNewswire/ -- International Paper (NYSE: IP) will release first-quarter earnings on Thursday, April 30, 2020, before the opening of the New York Stock Exchange. The company will host a webcast to discuss earnings and current market conditions, beginning at 10 a.m. ET (

PRODESA has signed an agreement to accomplish two pellet plants under turnkey contracts in Belarus. The projects expect to come online in early 2021 and deliver up to 20 ton/hour of industrial wood pellets. The plants will be located near Vitebsk and Polotsk cities, in the northeast part of the country. The facilities consist of; a wet line, which includes debarking, chipping and milling line; a belt dryer; and the pelleting line, storage and product output. PRODESA has si

DALLAS, April 8, 2020 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) announced that it will host its 2020 annual meeting of stockholders virtually due to the public health impact of the coronavirus outbreak (COVID-19) and to protect the health and well-being of our employees, stockholders, and our community. The annual meeting will be held over the in