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August 14, 2019 – Resolute Forest Products's long-idled mill in Fort Frances, Ontario won't be restarted, according to a non-competition agreement signed alongside its sale to a redeveloper, despite the Town of Fort Frances's hopes to the contrary.
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Industry News
August 14, 2019 – AMETEK Surface Vision, a provider of automated online surface inspection solutions, has appointed Éric Charette-Béchamp as its regional sales manager for Canada.
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Industry News
August 12, 2019 – Kruger Inc. has renewed the lease for its Laurier paper plant in Gatineau, Quebec, which will allow operations to continue until 2053.
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Industry News
August 12, 2019 – Nova Scotia's premier has dismissed Unifor's request to allow Northern Pulp's new effluent treatment plant to begin construction ahead of the company finishing its due diligence for the province.
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Industry News
August 12, 2019 – Canfor Corporation has received an offer from Great Pacific Capital Corporation to purchase the remaining Canfor shares it doesn't already own for $16 per share.
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Industry News
August 12, 2019 – ABB has appointed Björn Rosengren, currently president and CEO of Sandvik, as its new chief executive officer effective March 1, 2020.
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Industry News
August 9, 2019 – Cascades Inc. has reported its second-quarter financial results, citing an increase in sales and operating income over both Q1 2019 and the year-ago period.
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Financial Reports
August 8, 2019 – KP Tissue Inc. (KPT) has reported the Q2 2019 financial results of KPT and of Kruger Products L.P. (KPLP), citing a 7.9 per cent revenue increase for KPLP in Q2 2019 over Q2 2018.
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Financial Reports
August 8, 2019 – Rayonier Advanced Materials Inc. has filed a second-quarter 2019 net loss of $15 million, or $(0.37) per diluted common share, compared to net income of $54 million, or $0.83 per diluted common share for the year-ago period in 2018.
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Financial Reports
August 7, 2019 – Unifor, the union representing workers at Paper Excellence's Northern Pulp mill, has commissioned a study that indicates 2,700 jobs would be lost across the province if the mill closes.
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Industry News
August 7, 2019 – Sappi, a producer of dissolving wood pulp, has chosen ABB to supply engineering, procurement and construction for the electrical, control and instrumentation portion of a project in South Africa.
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Supplier News
August 7, 2019 – After a disappointing 2019 second quarter, Fortress Global Enterprises Inc.'s latest financial report indicates it will need access to additional sources of liquidity from investors in order to continue operating.
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Financial Reports
August 6, 2019 – BillerudKorsnäs recently commissioned KM 7, the largest board machine in the world, at its production facility in Gruvön, Sweden.
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Supplier News
August 6, 2019 – Packaging solutions have delivered greater value over the past five years, indicates a new research study by research and consulting firm McKinsey & Company.
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Global Trends
August 2, 2019 – merQbiz, a solutions and analytics provider for buyers and sellers in the recovered paper (RCP) industry, has introduced BaleVision, a quality assessment tool to provide companies actionable insights into their RCP quality.
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Test & measurement
August 2, 2019 – Mercer International Inc. has reported a decrease in net income and operating EBITDA in its second-quarter 2019 results over the first quarter, but cites better performance in its pulp segment over the year-ago period.
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Financial Reports
August 1, 2019 – Domtar Corporation has reported weaker performance in its pulp and paper division than expected in Q2 2019.
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Financial Reports
August 1, 2019 – Rayonier Advanced Materials is selling its Matane, Quebec pulp mill and related assets to Sappi Limited, a global diversified wood fibre company, for a purchase price of approximately US$175 million.
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Industry News
August 1, 2019 – Resolute Forest Products Inc. has reported a decrease in net income for Q2 2019, of $25 million, or $0.27 per diluted share, compared to $72 million, or $0.77 per diluted share, in the same period in 2018.
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Financial Reports
July 31, 2019 – Metsä Fibre, part of Metsä Group, is starting preparatory work on the land of its Kemi mill site in Finland as part of pre-engineering for a potential bioproduct mill.
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Innovation
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PAPTAC Atlantic Branch Conference September 18-20, 2019 |
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TissueCon 2019 October 1-4, 2019 |
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FPInnovations Pulp, Paper & Bioproducts Course October 7-11, 2019 |
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BLRBAC Fall 2019 Meeting October 14-16, 2019 |
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PAPTAC Alkaline Pulping Committee Meeting October 22-23, 2019 |
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TAPPI PEERS 2019 October 27-30, 2019 |
