Press Releases

International Paper  announced that Jamie A. Beggs and Scott A. Tozier have been elected to IP's Board of Directors, effective May 21, 2024. The company also announced that Ilene S. Gordon has retired from the Board citing personal and health reasons, effective May 21, 2024. Ms. Beggs, age 47, currently serves as Senior Vice President and Chief Financial Officer of Avient Corporation a premier provider of specialized and sustainable materials solutions and services. In her

Toscotec will supply a technological upgrade to Cartiera del Vignaletto at their Zevio production site near Verona in Northern Italy. The project includes the complete upgrade of the cogeneration plant and air systems of the mill’s PM4 and PM5. With this investment, Cartiera del Vignaletto aims to substantially increase the energy efficiency of its operations by installing cutting edge energy generation equipment designed for energy saving. Cartiera del Vignaletto co

Rayonier Advanced Materials Inc., the global leader in High Purity Cellulose, today announced that President and Chief Executive Officer, De Lyle Bloomquist, will meet with investors in one-on-one settings as well as a group presentation at the Stifel Cross Sector Insight Conference on June 5, 2024. The group presentation is scheduled to begin at 2:25 PM ET on June 5. Those interested in attending can register via the link provided on RYAM.com or access it directly here.

The proposals adopted by the Annual General Meeting are available on Billerud's website at www.billerud.com/about-us/corporate-governance/general-meetings/agm-2024 and minutes from the meeting will soon be published on the website. The resolutions were, in brief, as follows: Adoption of the Annual report, dividend and discharge of liability The Annual General Meeting adopted the 2023 annual report and resolved to distribute a dividend to the shareholders

Valmet is to deliver a recovery boiler upgrade to Kuantum Papers Limited in Punjab, India. The upgrade will have a significant effect on the performance of the recovery boiler, originally commissioned in 2007. The facility is equipped with two recovery boilers, and this order focuses on upgrading the older boiler. The order was included in Valmet's orders received of the first quarter 2024. The value of the order will not be disclosed. The project’s duration is approximate

Fine Hygienic Holding a global hygiene industry leader, is proud to announce its Al Nakheel paper manufacturing plant has been awarded the EcoVadis Silver Rating. The prestigious recognition underlines FFH’s position among the top 20 per cent of companies globally in terms of sustainability practices and showcases its leading role in environmental and corporate social responsibility. This EcoVadis Silver Rating for Al Nakheel Hygienic Paper Manufacturing LLC, a key part of FHH

Oasis Management Company Ltd. is the manager to funds that beneficially own approximately 18% of Japanese paper manufacturer Hokuetsu Corporation  Oasis has adopted the Japan FSA’s “Principles of Responsible Institutional Investors” and in line with those principles, Oasis monitors and engages with its investee companies. Oasis has been engaging with Hokuetsu since 2019 in efforts to help improve the Company’s corporate governance and corporate value. Un

International technology group ANDRITZ has received an order from lndah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line including a reject treatment system to the mill in Karawang, Jawa Barat, Indonesia. The new OCC line will have a design capacity of 2,000 bdmt/d and process a mixture of OCC, mixed waste and up to 30% American OCC as raw material to produce testliner. Based on the latest technology available, it will provide high pulp quality at

Spanish Mountain Gold Ltd. (SMG), a Canadian mining and exploration company, has partnered with international technology group ANDRITZ and BC Hydro (the province’s utility company) to reduce the carbon intensity of its proposed gold mine near Williams Lake in British Columbia. With the goal of building the most sustainable gold mine in Canada, SMG will use ANDRITZ’s simulation software for process optimization, energy management, and operator training. ANDRITZ'

Today Saica Group has reached an agreement with the family owners of LIC Packaging to increase its participation, becoming the major shareholder of the company. LIC Packaging is located in the province of Brescia, in Lombardy, northern Italy. This plant has a revenue of 120 million euros in 2023 and provide direct employment to 351 people. The Bertoldo family will remain in the management of the business. Saica already acquired a minority stake in the company in 2001, which allowed