Valmet will supply an extensive rebuild for Sappi’s Somerset paper manufacturing facility in Skowhegan, Maine, USA. Previously, Valmet rebuilt paper machine 1 (PM1) and with its success, Sappi has chosen Valmet again to rebuild paper machine 2 (PM2). The order is included in Valmet’s orders received of the fourth quarter 2022. Its value will not […]
Tag Archives: North America
27
Jan
Jan
ABB has established a new regional operations center for North America, bringing technology expertise closer to customers and building on its similar resources globally. An initial $1 million investment has been made for the new Mexico Technology and Engineering Center (MXTEC) in the city of Merida, Yucatan, to help the technology leader to reach higher […]
26
Jan
Jan
(Press Release) – The sustainability agenda means corrugated board, folding cartons, moulded pulp, flexible and speciality papers, are all receiving new interest from packaging buyers. Worth a total of $425.4 billion in 2022, each of these have their own established places in the world market, but the need to implement more sustainable packaging strategies is […]
12
Jan
Jan
The U.S. Department of Agriculture announced the appointment of three members to serve on the Paper and Packaging Board. The appointees from the South Region will serve three-year terms beginning immediately to December 31, 2025, and one appointee from the Rest of the U.S. Region will serve a one-year term beginning immediately to December 31, […]
12
Dec
Dec
Maine Governor Janet Mills announced an award of $1 million from the final round of the Forest Recovery Initiative of her Maine Jobs & Recovery Plan to ND Paper for an upcoming project at the company’s Rumford Division to enhance the efficiency of its R15 packaging paper machine. “This financial support will greatly assist our […]
03
Dec
Dec
Prices for thermal point-of-sale (POS) paper in October were unchanged compared with September for the fifth month in a row despite global price increase announcements by major suppliers including Hansol Paper and Koehler, according to Fastmarkets’ PPI Pulp & Paper Week survey. Domtar, the sole thermal POS producer in North America, increased prices by 10% in June and since then […]
21
Nov
Nov
Dunn Paper, a leading manufacturer and supplier of high-performance, advanced paper and tissue products for use in food, medical, and specialty markets announced today that its first lien-secured lenders have acquired select assets of the company as part of a recapitalization of the business. Pursuant to this transaction, the company’s name has been changed and […]
13
Aug
Aug
WestRock Company (NYSE: WRK) today announced that it has entered into an agreement to acquire the remaining interest in Grupo Gondi for $970 million, plus the assumption of debt, representing an estimated implied enterprise value of $1.763 billion. Upon completion of this transaction, WestRock will further enhance its leading position in the growing Latin American […]
12
Aug
Aug
Cascades noted in its second quarter report that its strategic investment in a paper machine conversion project at its Bear Island paper mill in Ashland, Virginia, is progressing well despite the current environment of important cost inflation and delays in the completion of certain construction milestones due to labor and material availability. The project involves […]
26
May
May
WestRock today announced the publication of WestRock’s 2021 Sustainability Report, detailing the comprehensive efforts the company is making for, and with, customers to imagine and deliver on the promise of a sustainable future. The report reveals validation of WestRock’s greenhouse gas (GHG) emissions reduction target by the Science Based Targets Initiative (SBTi) alongside its refreshed sustainability […]