Press Releases

MIAMISBURG, Ohio and GREENWICH, Conn., Jan. 31, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) (the "Company") and Lapetus Capital II LLC (together with its affiliates, including Atlas Holdings LLC, "Atlas") and Blue Wolf Capital Advisors IV, LLC ("Blue Wolf") and their respective affiliates, today announced that they have reache

SEATTLE, Jan. 31, 2020 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported a fourth quarter net loss of $14 million, or two cents per diluted share, on net sales of

LOS ANGELES, Jan. 30, 2020 /PRNewswire/ -- A major reform bill to fix California's broken bottle deposit system and get consumers back hundreds of millions in unredeemed deposits failed in the California Senate today after the wine and liquor industry joined with the beverage industry to unleash their lobb

UPM takes the next transformative growth step and enters the biochemicals business by investing in a biorefinery at Leuna, Germany. The biorefinery will produce a range of 100% wood-based biochemicals which enable a switch from fossil raw materials to sustainable alternatives in various consumer-driven end-uses. The investment opens totally new markets for UPM with large growth potential for the future. UPM will invest EUR 550 million in an industrial scale biorefinery to convert so

BAINBRIDGE, Ga., Jan. 30, 2020 /PRNewswire/ -- Danimer Scientific, a leading developer and manufacturer of biodegradable materials, and

HELSINKI, Jan. 30, 2020 /PRNewswire/ -- Metsä Wood took a creative approach to dramatize the spruce plywood value proposition - 'Easy on Site'. The image series and video address its core audience of construction buyers, while providing an aesthetic experience to anyone who enjoys the subtle beauty of wood. In the construction world, relying on the rig

US $Q4 GAAP net loss of $71 million / $47 million for 2019 Adjusted EBITDA of $4 million in the quarter / $213 million for full year Acquisition of three U.S. South sawmills expected to close soon  Repurchased 3 million s

MEMPHIS, Tenn., Jan. 30, 2020 /PRNewswire/ -- International Paper (NYSE: IP) today reported full-year and fourth quarter 2019 financial results.

STOCKHOLM, Jan. 30, 2020 /PRNewswire/ --  JANUARY 1 - DECEMBER 31, 2019 (compared with January 1 - December 31, 2018)Net sales increased 4% to SEK 19,591m (18,755), mainly related to higher delivery volumes due to the production increase

STOCKHOLM, Jan. 30, 2020 /PRNewswire/ -- SCA has performed a new forest survey in 2019. According to the new survey, SCA's standing timber volume is 11 million cubic metres (m3fo 1) higher than previously estimated. The survey also shows that the annual growth is 1 million cubic metres higher than the previous estimate."We manage our f