Press Releases

GreenFirst Forest Products Inc. wishes to announce that the Determination Date set out in our press release dated September 27, 2024 has been extended to the close of business on October 11, 2024 and as such, the Share Capital Amendments, described in our press release dated September 27, 2024, will not be effective on October 7, 2024. GreenFirst also wishes to announce that it is now proceeding concurrently with a substantive consolidation (the “Substantive Consolidation&rdqu

Seeking to tap into the booming Asian printing and packaging market? Look no further than the 31st South China International Exhibition on Printing Industry (Printing South China) and the China International Exhibition on Label Printing Technology 2025 (Sino-Label). These exhibitions will take place March 4th-6th, 2025, at the Guangzhou China Import & Export Fair Complex Area A, showcase the vibrancy of China's printing and packaging industry while serving as a crucial bridge to the g

Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale. A potential transaction would be subject to agreeing terms and conditions with investors, including a long-term wood supply and forest management agreement. A sale would reduce debt and further strengthen Stora Enso’s balance sheet, confir

Paper Excellence Group companies Domtar Corporation and Resolute Forest Products today announced $100,000 in financial support to assist four local communities following the devastation caused by Hurricane Helene. Several communities where Paper Excellence Group operates facilities were in the path of the powerful storm, affecting employees and their loved ones. Company representatives worked in collaboration with community officials to identify four charitable organizatio

On October 4, we’re proud to celebrate Manufacturing Day 2024. Also known as MFG Day, the annual event helps showcase the reality and the future of modern manufacturing careers. Sponsored by The Manufacturing Institute, MFG Day encourages manufacturers to open their doors to students, parents, educators and community leaders to build excitement about manufacturing careers.  This week, our Hawesville Mill is doing just that. For the second year, Hawesville Mill is welcomin

Laura Remes, M.Sc, has been appointed SVP, Business Development and a member of the Corporate Management Team at Metsä Board. Remes joins Metsä Board from UPM, where she has worked in various business development and management positions. She will start in her position at a time to be specified later, and will report to CEO Mika Joukio. Markku Leskelä, responsible for Metsä Board's development, will be responsible for product development and sustainability wh

Valmet is to supply an OptiConcept M board making line with automation and services to Anhui Linping Circular Development in China. The new board line PM 8 will produce recycled liner grades. The start-up is scheduled for the end of 2025. The order is included in Valmet's orders received of the third quarter 2024. The value of the order will not be disclosed, but such a board making line is typically worth between EUR 40 million and EUR 60 million. ”We chose Valm

Suzano, the world's largest pulp producer and a global leader in the manufacture of bioproducts developed from eucalyptus, recognized the socio-environmental and quality performance of its suppliers at the second edition of Suzano Valoriza, an event that took place on October 1. The awards were given to partners who stood out in practices applied to the topics of Climate, Water Security, ESG Management and in four new categories that were included in this edition: Innovability (innovation

The American Forest & Paper Association President and CEO Heidi Brock issued the following statement regarding the recent strike of ILA workers across the U.S. East and Gulf Coast ports. “This strike will have serious consequences for the U.S. economy and the manufacturing sector, including industries like ours that rely heavily on port activity for exporting goods. Without access to ports, our member companies face tough choices, including whether to pause or shut down mi

At Mercer Peace River (MPR), we are dedicated to fostering strong relationships with our communities, promoting sustainable practices, and advancing reconciliation with Indigenous peoples. This August, we participated in several meaningful activities that reflect our commitment to community support, education, and inclusivity. Here’s a closer look at these initiatives and their impact: Empowering Indigenous Youth: Outland Youth Employment Program (OYEP) Visit On August