Tag Archives: economy

UPM Timber invests in modernization of Korkeakoski sawmill

UPM invests nearly 10 million euros in the modernization of the Korkeakoski sawmill. A new split saw supplied by USNR will start operating at the sawmill in 2025. This is a very significant investment in the efficiency and competitiveness of the Korkeakoski sawmill. “The sawmill industry has a long history of over 60 years in […]

Nippon Paper announces liquid-packaging carton price revision

Nippon Paper Industries Co has announced a price revision for liquid-packaging cartons for milk and beverages. Product subject to price revisions includes all liquid-packaging cartons. The markup will be 10% or more. Timing of implementation is deliveries from April 1, 2024. In a press release, Nippon Paper states: “We implemented a price revision in April […]

New paper recycling plant to be built in South East Queensland, Australia

One of Australia’s biggest paper recycling facilities will be built in South East Queensland with plans to turn 220,000 tonnes of waste paper and cardboard from across Queensland and northern New South Wales into pulp annually for export. The Albanese and Queensland Labor Governments have partnered with Brisbane-based national company AusWaste Recycling to build a […]

EcoVadis Platinum again for Holmen Paper

Holmen Paper Braviken and Hallsta have once again achieved the prestigious EcoVadis platinum medal, making it seven consecutive years of recognition. “This remarkable accomplishment reflects our dedication to sustainability across all aspects of our operations, including environmental impact, business ethics, and labor and human rights. It proves that you can buy from us or use […]

Computerworld names International Paper to 2024 list of Best Places to Work in IT

Foundry’s Computerworld announces International Paper as a 2024 Best Places to Work in IT. This award recognizes the top organizations that challenge their IT staffs while providing great benefits and compensation. Organizations will be included in coverage on Computerworld.com along with results from the 2024 Best Places to Work in IT survey.   “It’s an […]

Paper Excellence extends curtailment of paper operations at Catalyst Crofton mill

Paper Excellence Canada announced that the curtailment of its paper operations at the Catalyst Crofton facility will be extended to the end of February 2024 due to challenging market conditions which have not recovered as anticipated. The continued curtailment means that approximately 70 paper operations employees will not return to work in December. Paper Excellence […]

Why printed receipts still matter

Printed receipts are important for consumers and retailers alike. Here’s why. Holiday spending is expected to increase as much as 4 percent this year. That may not sound like much, but Americans are on track to spend a record $960 billion celebrating the December holidays. For retailers and consumers alike, printed receipts can help make […]

MM Group Reduces and Refocuses Investments at Kwidzyn Mill in Poland

Mayr-Melnhof Karton AG (MM Group) has decided to significantly reduce the planned multi-year strategic investment project at its pulp and paper mill in Poland, MM Kwidzyn. The project will now focus investments on renewable energy, further pulp integration and product portfolio. MM Group said the decision is due to “uncompetitive wood prices from the Polish […]

ABB launches Real Progress campaign to accelerate global sustainability

ABB has launched its new global sustainability initiative, showcasing the power of technology and expertise to accelerate sustainability while enhancing productivity. ABB’s Real Progress campaign is a rallying call to customers, partners and suppliers, inspiring them to harness technology leadership and the solutions that exist today to amplify their own impact across process industries such […]

PPWR – EU Parliament strikes a balance for circular packaging

The corrugated cardboard industry supports the European Commission’s intention “to reduce the negative environmental impacts of packaging and packaging waste while improving the functioning of the internal market” via the Packaging and Packaging Waste Regulation (PPWR). Therefore, FEFCO welcomes the outcome of today’s European Parliament Plenary session vote on the legislation. The vote has established […]