Daily News

Valmet purchasing process automation business from Metso

Only a year after Metso split the company’s pulp and paper business from its process automation operations, the two will be reunited. Valmet Corp. (formerly Metso’s pulp and paper business) has agreed to purchase Metso's Process...
Jan 21, 2015 9:40AM

Forest products M&A activity holds steady in 2014

Global merger and acquisition activity in the forest, paper and packaging sector in Q4 2014 saw an increase in deal volume and total deal value relative to the third quarter (Q3) of 2014. A total of 34 M&A deals were announced during Q4...
Jan 21, 2015 7:36AM

Saskatchewan and Alberta pair up to fight mountain pine beetle

The Saskatchewan and Alberta governments have reaffirmed their long-standing co-operation on forest insects and disease, signing a three year agreement to work together on mountain pine beetle management. Saskatchewan will provide $1.25 million...
Jan 20, 2015 8:11PM

Atlantic Packaging begins U.S. expansion with joint venture near Chicago

Toronto-based Atlantic Packaging Products Ltd. has created a joint venture company that will operate a new sheet feeder business in Carol Stream, Illinois (a suburb of Chicago). The new joint venture, BlackHawk Corrugated, will be co-owned and...
Jan 20, 2015 8:01PM

UPM begins commercial production of wood-based diesel

The world’s first wood-based renewable diesel biorefinery has started commercial production in Lappeenranta, Finland. UPM Lappeenranta Biorefinery is based on a hydrotreatment process developed by UPM, and produces approximately 120...
Jan 13, 2015 9:44PM

Catalyst adds two mills, begins a new chapter

B.C.-based Catalyst Paper Corp. has added significant paper capacity and extended its operations across North America with the purchase on Jan. 7 of two U.S. mills from NewPage: the Biron paper mill located in Wisconsin and the Rumford pulp and...
Jan 13, 2015 9:19PM

Maine mill calls Port Hawkesbury Paper "subsidized competition"

UPM’s supercalendered paper mill in Madison, Maine, is taking a temporary shutdown for several weeks, citing international competition, energy costs and market conditions, reports the Bangor Daily News.
Jan 13, 2015 8:41PM

ForestEthics says SFI certification program lacks rigour

ForestEthics has released Peeling Back the Eco-Labels, a report comparing the rigour of forest audits conducted in Canada by the two leading forest certification systems: the Forest Stewardship Council (FSC) and the Sustainable Forestry...
Jan 13, 2015 8:19PM

Catalyst purchase of U.S. mills gets the green light

Verso Paper Corp. has reached a settlement with the United States Department of Justice that will permit the company to proceed with its acquisition of NewPage Holdings Inc., which means B.C.-based Catalyst Paper can proceed with its...
Jan 7, 2015 7:04AM

Some Port Hawkesbury pensioners have to repay money received in error

A decision has been reached in a case involving two pension administration firms responsible for the pensions of former employees of the Port Hawkesbury, N.S., paper mill when it was owned by NewPage. Details of the settlement were not...
Jan 7, 2015 6:40AM

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