Press Releases
14 August 2024
nternational Paper announced today that Tom Plath, Senior Vice President of Human Resources and Corporate Affairs, will leave the company at the end of the year. During his 33-year career with IP, Plath has served in a number of roles in HR, operations, marketing and general management. He was named an officer in 2013 and was elected senior vice president in 2017. His role was expanded in 2023 to SVP, human resources and corporate affairs, with responsibilities for human resources,
Read more...GreenFirst Forest Products Inc. announced results for the second quarter ended June 29, 2024. The Company’s interim financial statements and related Management’s Discussion and Analysis for the second quarter ended June 29, 2024 are available on GreenFirst’s website at www.greenfirst.ca and on SEDAR+ at www.sedarplus.ca. Highlights Q2 2024 net loss from continuing operations was $14.5 million or $0.08 per share (diluted), com
Read more...13 August 2024
Navigator Paper Setúbal's PM 1 and PM 3 operate with seamed felts, supplied by Voith, in all press positions, marking a significant milestone for the paper machines. The successful transition resulted from a three-year-long collaborative development between the Setúbal and Voith teams with the common goal of transitioning all press felt positions to seamed felt designs. Using seamed press felts makes changing felts faster with less workforce and without the need to
Read more...International Paper Chief Executive Officer Andy Silvernail will speak at Jefferies 2024 Industrials Conference on September 4, 2024. The presentation is scheduled to begin at 8:05 a.m. eastern time and will be followed by a question and answer session. All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/events-presen
Read more...13 August 2024
National multifamily developer Wood Partners expands its presence in Charlotte with Alta 10th and Seigle and Altera Mint Hill, bringing its total to 16 developments in the city and 30 in the state. These new multifamily properties will bring more than 550 units to one of the fastest-growing cities in the country. "Wood Partners' expansion in Charlotte includes both our attainable and luxury line, providing ample living opportunities that support the vibrant and growing comm
Read more...Suzano, the world’s largest pulp producer, announces its financial results for the second quarter of 2024 Adjusted EBITDA totaled R$6.3 billion, a 60% increase on 2Q23, reflecting higher pulp prices, favorable FX rates, increased sales volume, and reduced production costs compared to the same period last year. Operating cash generation totaled R$4.5 billion, the strongest quarterly result since 1Q23, and net revenue came to R$11.5 billion, the strongest quarterly result
Read more...12 August 2024
Long Island Waste Services announced today that it has completed a recapitalization transaction with a significant equity investment from Terramont Infrastructure Partners, a North American middle market-focused infrastructure investment firm Founded in 2020, LIWS’ comprehensive services encompass efficient waste collection, state-of-the-art transfer stations, materials recovery facility and environmentally responsible disposal. LIWS specializes in materials processing and com
Read more...Flow Link Systems a Voith subsidiary, is proud to announce that the company has been honored with an award recognizing its commitment to the use of renewable energy in industrial activities. This award underscores FLS's dedication to achieving a low- carbon footprint and promoting ecological sustainability. FLS has made substantial efforts to integrate renewable energy into its energy mix. The company has focused on optimizing energy consumption and improving energy efficie
Read more...Port Hawkesbury Paper, a leader in paper manufacturing and innovation in North America, announces the hiring of Eric Huard as the Director of Specialty Sales. Eric received his bachelor’s in chemical engineering from Ecole Polytechnique (University of Montreal). He started his career with a leading paper machine clothing company, later acquired by Voith, as a technical support representative before moving into sales. His responsibilities included accounts in Eastern Canada and
Read more...9 August 2024
Weyerhaeuser Company today announced that its board of directors declared a quarterly base cash dividend of $0.20 per share on the common stock of the company, payable in cash on September 13, 2024, to holders of record of such common stock as of the close of business on August 30, 2024. Under Weyerhaeuser's cash return framework, the company expects to supplement its quarterly base cash dividend, as appropriate, with an additional return of variable cash to achieve a targeted t
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