Press Releases

Mondi, a global leader in packaging and paper, has improved the circularity of material flows in two release liner production sites in Germany and the Netherlands. 95 % of the production waste is now used as secondary raw material for other industries, thanks to its strategic partnerships. By collaborating closely with industry stakeholders along the value chain, Mondi has tackled the siliconised and coated paper waste produced at its release liner plants in Jülich, Germany, an

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French tissue manufacturer Papeteries du Cotentin purchased a TT SYD Steel Yankee Dryer and a complete high-performance steam and condensate plant from Toscotec to fully replace their existing cast iron dryer and steam system on PM3 at their Orval sur Sienne mill in Normandy. The project includes modifications to the machine for the new steam system and it is planned for start-up in the third quarter of 2024. Targets: Production increase and energy efficiency Compared with

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Weyerhaeuser Company and Lapis Energy LP announced today the execution of an exclusive exploration agreement for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi. The agreement covers 187,500 acres of subsurface rights owned by Weyerhaeuser and spans five potential sequestration sites, including two locations that were previously identified by Weyerhaeuser as prospective opportunities for carbon capture and sequestration (CCS) development. Under the exc

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X-Rite Incorporated, a global leader in color science and technology, proudly announced the appointment of Jeff McKee from Chief Financial Officer (CFO) to the role of President. The strategic promotion reflects McKee’s 20 years of unwavering dedication to X-Rite and his commitment to customer excellence. In his new role, McKee will lead the company into the future of digi

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Local government representatives joined Western Forest Products employees to celebrate the completion of the first continuous dry kiln on the coast of B.C. at the Company’s Saltair sawmill. The Company also plans to continue accelerating its transition to higher value products with approximately $35 million of investments for two additional continuous dry kilns. First Continuous Dry Kiln on B.C. Coast The newly installed $12 million continuous dry ki

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84 Lumber, the nation's largest privately held building materials supplier, celebrated the opening of its new location at 1315 17th Street East, Palmetto, Florida during a circus-themed event at the site on Feb. 21, 2024. Formerly a Ringling Bros. property, the location is comprised of three buildings on 10 acres, with each building at approximately more than 20,000 square feet. The entire location employs over 60 associates. 84 Lumber had been operating in Bradenton, Florida si

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Ingka Investments, the investment arm of Ingka Group which represents the largest IKEA retailer, today announced it has acquired 23,883 hectares (19,276 hectares of forestland) in Finland, Estonia and Latvia as part of its long-term commitment to responsible forest management. The properties in Finland comprise a total of about 8,600 hectares (8,000 hectares of forestland), and are located in North Savo and the North Karelia regions. The Estonian (total of 9,500 hectares, out of whi

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The Supervisory Board of ANDRITZ AG will propose to the next Annual General Meeting on March 21, 2024 that two new members be elected to the Supervisory Board, maintaining the number of elected members at six. The mandates of Dr. h.c. Monika Kircher and Dr. Alexander Leeb as members of the Supervisory Board of ANDRITZ AG will expire at the close of the forthcoming Annual General Meeting. Monika Kircher has been a member of the Supervisory Board since 2014. Alexander Leeb has been a

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Board manufacturer WEIG is relying on Voith's technology expertise to upgrade its BM 6 at the Mayen mill in Germany to stabilize production quality. Voith is not only supplying an intelligent quality control system (QCS) consisting of scanners, actuators and controls but will also ensure seamless integration into a PCS7 environment. The BM 6 is undergoing a decisive modernization by Voith in order to increase production efficiency. The project includes the supply, installation a

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Valmet will supply consistency measurements to DS Smith Paper Italia S.r.l’s site in Lucca, Italy to complement the wide automation package to be delivered with the new container board making line (PM3). The order was included in Valmet’s orders received of the fourth quarter 2023. The measurements will be delivered during the fourth quarter 2024. The value of the order will not be disclosed. The customer chose Valmet because of the company’s extended exp

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