Weyerhaeuser Company announced an agreement for the sale of nearly 32,000 forest carbon credits at $29 per credit. This agreement marks Weyerhaeuser’s first transaction in the voluntary carbon market and represents the sale of all credits issued by ACR for the first year of the company’s Kibby Skinner Improved Forest Management (IFM) Project in Maine. […]
Tag Archives: business
AV Terrace Bay announced the temporary idling of its pulp operations in Terrace Bay, Ontario, Canada, with immediate effect. The company said idling of the mill is “due to prevailing market conditions” and “will affect approximately four hundred employees.” The pulp mill is located on the north shore of Lake Superior and produces 320,000 Air […]
The ecological transformation project of the Grand-Couronne paper manufacturing site in France, formerly Chapelle-Darblay, has reached a new stage in its implementation with the takeover of the operational management of the site by Fiber Excellence. Veolia, a major partner in the project, is committed to ensuring the supply of recycled paper and cardboard for the […]
Graphic Packaging Holding Company, a leading provider of consumer packaging, today named Mark Connelly Senior Vice President, Investor Strategy and Development. This new role augments Graphic Packaging’s outreach capability with an aim to expand and diversify the company’s investor network globally. Connelly brings more than 20 years of experience as a securities analyst and strategy […]
The Paperboard Packaging Council (PPC) has promoted Emily Leonczyk to Executive Director and Vice President. A servant leader with a strong business and nonprofit association management career — including five years in the paperboard industry — Leonczyk will oversee PPC’s operations while facilitating stakeholder collaboration and driving strategic initiatives. Leonczyk has served PPC since 2018, […]
Heinzel Group recently announced the successful completion of its acquisition of the Steyrermühl paper mill in Upper Austria from UPM. This strategic move reinforces Heinzel’s commitment to sustainability and growth in the paper and packaging industry. The acquisition agreement for the mill including its roughly 400 employees was signed in June 2022 for a takeover […]
Metsä Group has selected Arup as one of its partners to design a planned new, state-of-the art tissue paper mill in Goole, East Riding of Yorkshire. With the planned investment Metsä Group’s tissue paper business aims to replace almost half of imported essential tissue products and bring locally produced, sustainable tissue products to the UK, […]
International Paper announces the appointment of Santiago Arbelaez as the Chairman of the Paper and Packaging Board (P+PB) Board of Directors. This leadership appointment was made by USDA Secretary Tom Vilsack and marks a pivotal moment for the organization. As the Chairman, Arbelaez will collaborate closely with the P+PB leadership team and the eight-member Board […]
In September 2023, exports of toilet paper from Italy contracted to 10K tons, reducing by -5.8% compared with the month before. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 with an increase of 27% month-to-month. In value terms, toilet paper exports reduced to $23M […]
Kyoto Group announces that it has signed a term sheet for delivering a Heatcube to one of Germany’s major paper and packaging manufacturers—Klingele. The designated site for installing a first Heatcube is at Klingele’s facility in Werne, a corrugated board plant in Germany. Klingele Paper and Packaging Group, a global manufacturer with 13 corrugated board […]