GreenFirst Forest Products Inc. and Kap Corporation are pleased to announce that further to its press releases of July 2, 2024, September 19, 2024, October 4, 2024 and October 7, 2024, it has now closed the Plan of Arrangement that has resulted in the distribution of the outstanding shares of Kap Corporation to the GreenFirst shareholders on the basis of one common share of Kap Corporation for each ten common shares of GreenFirst held (the “Spin-out”). Commencing Novembe

The Lenzing Group, a leading supplier of regenerated cellulosic fibers for the textile and nonwovens industries, continued to gradually improve its business performance in the first three quarters of 2024. By contrast, the recovery of the markets relevant to Lenzing proved to be sluggish. While fiber sales volumes continued to rise during the reporting period, fiber prices remained at a low level. Raw material and energy costs remained high, and logistics costs also rose significantly.

Metsä Wood has developed a new wood wall panel solution that combines exceptional load-bearing capacity with material efficiency. This innovative wall structure offers significant benefits, especially as a load bearing and stiffening exterior and partition wall solution for high-rise residential and office buildings. The new wall element is a structural glued wall element made of Kerto® LVL beams and panels. It complements the Kerto-Ripa® element concept, which has alre

Kruger Inc. announced today a $23.75 million investment in an innovative demonstration project for carbon capture and reuse at its Wayagamack Mill in Trois-Rivières. The R&D project was unveiled at a press event in the presence of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry of Canada and Member of Parliament for Saint-Maurice -Champlain; Jean Boulet, Member of the National Assembly for Trois-Rivières, Minister of Labour of

Domtar Corporation today announced the successful acquisition of Iconex Paper from Atlas Holdings. Iconex Paper converts thermal paper parent rolls into point-of-sale (POS) receipt rolls, serving customers in industries such as food service, retail, pharmacy, and financial services from its five North American locations in Arizona, Kansas, Tennessee, Virginia, and Mexico. “Receipt products used by consumers every day — such as ATM, gas pump, food service and retail recei

Clearwater Paper Corporation a premier independent supplier of bleached paperboard to North American converters today reported financial results for the third quarter and nine months ended September 30, 2024. Third Quarter Highlights With the consummation of the sale of our tissue business on November 1, 2024, all periods presented include our former tissue segment as discontinued operations and the paperboard segment plus corporate expenses as contin

Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on 14 October 2024. Sweden Timber is a Swedish-owned company that produces wood, paper, and wood composite products for a global market. The company is looking to broaden its product portfolio by adding pulp production capabilities, which offers a good platform for Aspa to develop. The divestment is a key step in Ahlstrom's growth transformation journey and allow

Clearwater Paper Corporation, today announced the successful completion of the sale of its tissue business to Sofidel America Corp., a subsidiary of Sofidel S.p.A. (“Sofidel”), for $1.06 billion in cash, prior to customary purchase price adjustments. The transaction represents a significant step in the Company’s transformation into a premier independent supplier of paperboard packaging products to North American converters. Terms of the sale were first announced on

International Paper today announced the decision to review strategic options for its global cellulose fibers (GCF) business. The decision to explore alternatives for the GCF business is consistent with the Company's strategy to focus on sustainable packaging solutions. IP's GCF business creates safe, high-quality absorbent pulp for a wide range of applications like feminine care, incontinence and other personal care products that promote health and wellness. In addition, its

Voith's stock preparation solutions are used by paper manufacturers all over the world. Since 2014, the full-line supplier's innovative BlueLine technologies have represented an exemplary level of sustainability, cost savings and futureproofing. The resource-saving, low- maintenance BlueLine product range has established itself in the industry as the gold standard for robust and efficient stock preparation systems and now comprises over 20 product families. Worldwide, BlueLine systems