Sylvamo is announcing a senior leadership change for its Latin America division. Tatiana Kalman has been elected senior vice president and general manager, Latin America, effective June 1. Kalman joins Sylvamo from BASF, most recently serving as managing director and senior vice president, Business Unit Personal Care Europe. “We welcome Tatiana to our company. She will […]
Tag Archives: Tennessee
08
May
May
Sylvamo has announced senior leadership changes effective July 1. Greg Gibson, senior vice president and general manager, North America, will be elected senior vice president, Commercial Excellence, until his retirement March 31, 2024. Gibson joined the industry in 1982 and has served in various sales, marketing, general management and senior leadership roles in North America […]
08
Oct
Oct
Sylvamo announced it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received approximately $390 million in cash proceeds. “We made a principle-based decision to exit Russia and believe Pulp Invest is the best option […]
24
Aug
Aug
Georgia-Pacific is making a significant investment of more than $20 million at its plant in Lebanon, Tennessee. Its existing corrugator will be replaced with a new one to provide the plant with more throughput and provide customers with a better-quality product. “This is as much an investment in our current and future customers as it […]
27
Dec
Dec
Resolute Forest Products recently announced the indefinite idling of pulp and paper operations at its Calhoun (Tennessee) mill. Tissue manufacturing and converting will continue at the site and the adjacent distribution center will remain in full operation. The company anticipates that the decision will directly affect 350 hourly and salaried positions at the Calhoun mill. […]
18
Dec
Dec
Resolute Forest Products recently announced the indefinite idling of pulp and paper operations at its Calhoun (Tennessee) mill. Tissue manufacturing and converting will continue at the site and the adjacent distribution center will remain in full operation. The company anticipates that the decision will directly affect 350 hourly and salaried positions at the Calhoun mill. […]
18
Nov
Nov
Nine Dragons Paper, a paper manufacturing company headquartered in Hong Kong, had the highest net income of any forestry and paper company worldwide in 2020, at 911 million U.S. dollars. This was followed by the British multinational packaging and paper group Mondi, which had net earnings of 848 million U.S. dollars. Based on revenue, International […]
31
Aug
Aug
CatchMark Timber Trust, Inc.announced a definitive agreement to sell 18,063 acres of prime Oregon timberlands – known as the Bandon property – for $100 million in cash, or approximately $5,536 per acre, to Roseburg Resources Co. CatchMark purchased the property in August 2018 for $88.8 million, or $4,916 per acre, exclusive of transaction costs. The company expects to recognize a gain on the sale in excess of $20 million in […]
12
Aug
Aug
International Paper announces Sylvamo Corporation as the name of its global papers spinoff, with headquarters planned for Memphis, Tennessee. The name Sylvamo speaks to the company’s connection to trees and highlights its role as a steward of sustainable forests. Sylvamo combines the Latin words for forest, “silva,” and love, “amo.” Company leaders translate this unique […]
28
May
May
ProJet won a tender for the supply of a total of 6 new high-pressure showers, 2 for the Forming Section, 4 for the Dryer Section. Domtar is converting the Kingsport, Tennessee, paper mill into the company’s first packaging facility – a transformation that is expected to be complete in the first quarter of 2023. When […]
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