Press Releases

At interpack 2020, Syntegon Technology, formerly Bosch Packaging Technology, will showcase two innovations, including its “paper-ON-form” upgrade kit for horizontal flow wrapping machines to form cold-sealable barrier paper. The solution was engineered in the company’s own development center in Beringen, Switzerland, and consists of a patented flow-wrap forming unit and sealing jaws for paper cold-sealing applications. The new kit is already being used on existing lines from

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Valmet introduces a full range of new, data-driven Industrial Internet solutions to pulp, board, paper, tissue and energy producers. The Valmet Industrial Internet (VII) solutions combine advanced monitoring and prediction applications, Advanced Process Controls (APC), dynamic process simulators and remote services from Valmet Performance Centers into comprehensive solutions that provide tangible benefits to customers. VII solutions are tailored for each customer industry

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PURCHASE, N.Y., Feb. 3, 2020 /PRNewswire/ -- Central National Gottesman Inc. (CNG), a leading sales and marketing organization in the global pulp, paper, packaging, tissue, wood products and metal industries, announced today that its Spicers Canada division has acquired the assets and business of All Graphic Supplies, expanding its position in the distribution of wi

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BOSTON, Feb. 3, 2020 /PRNewswire/ -- Fastmarkets RISI, the definitive source of commodity data and insights for the forest products industry, has announced that Ksenia Sosnina, CEO of JSC Ilim Group,  has been named the Fastmarkets RISI 2020 European CEO of the Year. The award will be presented at

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New Orders and Production Growing; Employment Contracting; Supplier Deliveries Slowing at Slower Rate; Backlog Contracting; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Increasing; Exports and Imports GrowingThis report reflects the recently completed annual adjustments to the seasonal factors used to calculate the indexes. TEMPE, Ariz.,

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CLEVELAND, Feb. 3, 2020 /PRNewswire/ -- According to the Freedonia Group study Global Forestry Equipment, demand for felling equipment is projected to rise 2.9% annually through 2023 to $3.3 billion, supported by two main trends:

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GURNEE, Ill., Feb. 3, 2020 /PRNewswire/ -- Nosco, Inc., a subsidiary of Holden Industries, Inc., announced today that it has acquired the assets of Haapanen Brothers, Inc., a full-service graphic arts and printing company located in Gurnee, Illinois. Through this investment, Nosco will be better equipped to serve the needs of its exp

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MIAMISBURG, Ohio, Feb. 3, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso" or the "Company") today announced preliminary results of matters voted upon during its 2019 Annual Meeting of Stockholders held on January 31, 2020.Preliminary results of the voting at the annual meeting indicate that stockholders:

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Resolute Forest Products Inc. announced that, on February 1, 2020, it completed the previously disclosed acquisition of Conifex Timber Inc.'s three sawmills in the U.S. South, pursuant  to the terms of the securities purchase agreement dated December 23, 2019. The total purchase price was $163 million, plus working capital, which is estimated at $13 million. The three sawmills, with combined production capacity of 550 million board feet, are located in Cross City (Florida),

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