Lumin, a leading timberland, and forest products company, will invest approx. US$ 136 million to build its third industrial plant in Uruguay, which is expected to create more than 300 jobs and significantly increase the country’s sustainable plywood production. Following approval by Lumin’s Board of Directors, which includes representatives of the BTG Pactual Timberland Investment […]
Tag Archives: Latin America
16
May
May
International Paper announced today that Sharon R. Ryan, Senior Vice President, General Counsel and Corporate Secretary, will retire effective June 30, 2022. “Sharon has been an exceptional business partner and mentor throughout her 34 years of service,” said International Paper Chairman and Chief Executive Officer Mark S. Sutton. “I appreciate all her accomplishments and contributions […]
22
Feb
Feb
The Navigator Company announced today that it will increase again its Uncoated Woodfree Paper prices in Europe by 8-15%, following already implemented price increases during January and early February in USA, between 6 and 9%, and in overseas namely in Middle East, North Africa and Latin America, between 7 and 10%. New European prices will […]
29
Dec
Dec
BillerudKorsnäs has entered into a merger agreement to acquire Verso Corporation, a leading producer of coated papers in North America. The acquisition of Verso is fully in line with BillerudKorsnäs’ strategy to drive profitable growth in paperboard, and the ambition to expand into North America. BillerudKorsnäs aims to build one of the most cost-efficient and […]
22
Dec
Dec
Internetional Paper recently announced it will build a state-of-the-art corrugated packaging plant in Atglen, Pennsylvania. The facility will employ approximately 150 team members. “We are excited to expand our footprint and continue serving our customers with the highest level of safety, quality, operational excellence and customer service,” said Greg Wanta, senior vice president, North American […]
09
Sep
Sep
Latin America’s largest paper and pulp producer Suzano has reported operating cash generation of R$4.9 billion (US$940 million) for the second quarter of 2021. This represents an increase of 47% compared with the same period last year, and the best quarterly result since Suzano’s inception, the Brazilian company said in a statement. The world’s […]
21
Jul
Jul
Neenah, Inc. recently announced a number of operational changes consistent with the Company’s commitment to accelerating growth, strengthening margins, and creating value for customers and shareholders. Actions include: – Investing $13 million in new release liner coating capacity in support of its growing specialty coatings business and the recent ITASA acquisition – Restarting an idled […]
08
Jul
Jul
Neenah, Inc. recently announced a number of operational changes consistent with the Company’s commitment to accelerating growth, strengthening margins, and creating value for customers and shareholders. Actions include: – Investing $13 million in new release liner coating capacity in support of its growing specialty coatings business and the recent ITASA acquisition – Restarting an idled […]
24
May
May
Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019, according to the Wood Resources International. Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulp logs prices in […]
14
Apr
Apr
International Paper has purchased two state-of-the-art corrugated box plants in Spain, further growing its capabilities in Madrid and Catalonia, the largest industrial regions in the country. The terms of the transactions were not disclosed. Corrugated packaging is a strategic business for International Paper in EMEA and offers customers high-quality packaging solutions in the industrial, fresh […]
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