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.
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.
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.
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.
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.
August 12, 2019 – ABB has appointed Björn Rosengren, currently president and CEO of Sandvik, as its new chief executive officer effective March 1, 2020.
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.
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.
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.
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.
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.
Published in 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.
August 6, 2019 – BillerudKorsnäs recently commissioned KM 7, the largest board machine in the world, at its production facility in Gruvön, Sweden.
Published in 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.
Published in Global Trends
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.
August 1, 2019 – Domtar Corporation has reported weaker performance in its pulp and paper division than expected in Q2 2019.
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.
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.
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.
Published in Innovation
N.S. premier responds to Unifor's plea for Northern Pulp buildAugust 12, 2019 – Nova Scotia's premier has dismissed Unifor's…
Canfor Corporation receives buyout offer from Great PacificAugust 12, 2019 – Canfor Corporation has received an offer…
AMETEK Surface Vision appoints sales manager for CanadaAugust 14, 2019 – AMETEK Surface Vision, a provider of…
ABB names Björn Rosengren as new CEOAugust 12, 2019 – ABB has appointed Björn Rosengren, currently…
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