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

The Watermill Group, a strategy-driven private investment firm, is proud to announce it has completed an investment in Musser Lumber and its principal operating subsidiary, Musser Biomass and Wood Products (collectively, "Musser"), the mid-Atlantic region's leading producer of premium dried hardwood fiber and associated converted products. "Musser is thrilled to partner with the Watermill Group on our next chapter of growth," said Ed Musser, President and CEO

Stora Enso estimates that the previous full year 2024 adjusted EBIT guidance will be exceeded, thanks to successful implementation of profit improvement actions and more favourable market conditions. The Company has therefore revised its full year 2024 adjusted EBIT guidance to be significantly higher (+50% and above) than the full year 2023 of EUR 342 million. The previous guidance for the full year 2024 was the adjusted EBIT to be higher (more than +15%, but less than +50%) than full year 2

Turkish cardboard manufacturer KMK Paper successfully resumed production on PM1 following an extensive rebuild supplied by Toscotec at its Kahramanmaraş facility in Turkey. PM1 produces packaging paper grades, including fluting, testliner, kraft paper, and gypsum board. Targets achieved across the full technological upgrade The rebuild has achieved the primary targets of production increase and paper quality improvement. The project involved the modification

International Paper declared a quarterly dividend of $0.4625 per share for the period from April 1, 2024, to June 30, 2024, inclusive, on the common stock, par value $1.00, of the Company, payable on June 14, 2024, to holders of record at the close of business on May 24, 2024. Today, the company also declared a quarterly dividend of $1.00 per share for the period from April 1, 2024, to June 30, 2024, inclusive, on the cumulative $4.00 preferred stock of the Company, payable on June

Weyerhaeuser Company announced the appointment of Brian Chaney as senior vice president of Wood Products, effective June 3, 2024. Chaney currently serves as vice president of Engineered Wood Products and Innovation for the company, and he will take over for Keith O'Rear, who is retiring from his role on June 3 and will serve as a strategic advisor to the company through the end of 2024. "Brian has demonstrated exceptional leadership driving safety, strategy and operational