Global pulp prices have fallen steadily since late 2022, when they reached record highs. The most significant decline has been for hardwood pulp, traded at a substantial discount to softwood pulp. Global pulp inventories were down during the summer, and there were signs that the market tightened, and pulp producers were starting to see opportunities […]
Tag Archives: North America
WestRock, a leader in sustainable fiber-based paper and packaging solutions, today announced it has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE S.A. and global leader in the net zero energy transition. The VPPAs are designed to add renewable energy to the U.S. energy grid and […]
Demand for more greener packaging is aligning with innovation in industrial applications to future drive sales of specialty papers, according to the latest Smithers research. Data from its new study – The Future of Specialty Papers to 2028 – show production of these engineered premium paper grades will reach 26.52 million tons in 2023, up […]
Specialized Packaging Group (SPG), a leading, vertically integrated provider of protective packaging products, today announced the acquisition of Monroe, Michigan-based Complete Packaging (Complete), a portfolio company of the Spell Family Office. Complete provides custom-designed packaging solutions for a diverse array of end markets, including automotive, heavy truck, energy, aerospace, defense, heavy equipment, and general industrial. […]
One Equity Partners announced that it has entered into a definitive agreement to sell Walki Holding Oy, a pan-European supplier of sustainable and high-performing packaging and engineered materials solutions, to Oji Holdings Corporation, a Japanese paper products technology company. Founded in 1930 and headquartered in Espoo, Finland, Walki is a specialty packaging materials manufacturer, […]
International Paper announced a series of actions to further strengthen and optimize its manufacturing system to meet customers’ needs. The company will permanently close its containerboard mill in Orange, Texas, and will permanently cease production on two of its pulp machines – the #20 machine in Riegelwood, N.C., and the #4 machine in Pensacola, Fla. […]
In Amsterdam, across the 12-13 December 2023 the Plastics and Paper in Contact with Foodstuffs 2023 conference promises to be an exceptional gathering of the whole food contact supply chain, who look to address all topical concerns in the food contact industry and develop their knowledge on how to best comply with all the latest […]
The development program for Metsä Board’s white kraftliner mill in Kemi has been completed in parallel with Metsä Fibre’s new bioproduct mill. Metsä Board and Metsä Fibre are part of Metsä Group. In addition to increasing the mill’s capacity by 40,000 tonnes per year, the development program will reduce the mill’s energy consumption by 5% […]
BTG, a leading global supplier of integrated process solutions for the pulp and paper industry, is pleased to announce the appointment of Xin Shun Cui as the new President and CEO of the BTG Group. This strategic move comes as Robert Crossman, the former President and CEO, took on a new role as President Products […]
Smurfit Kappa Group CEO Tony Smurfit said that the combination of Smurfit Kappa and WestRock is a promising and complementary deal. The two companies signed a definitive agreement to combine in what would create a $34 billion company with 23 million tons of mill capacity and 500 converting plants focused on containerboard, as well as a large […]