Partners Group, a leading global private markets firm, acting on behalf of its clients, has agreed to acquire Velvet CARE, Central Europe’s fastest-growing consumer tissue producer, from Abris Capital Partners and plans to build value through initiatives including expansion in Central Europe and beyond. Velvet CARE is one of the largest manufacturers of hygiene tissue […]
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Canfor Corporation recently announced it will curtail operations at its Polar Sawmill located in Bear Lake British Columbia, north of Prince George, following an orderly wind-down. The curtailment is the result of a shortage of economically available fibre in the region and is expected to be in place for a period of approximately six months. […]
Tissue World Miami announces its initial line up of confirmed speakers. Key note speaker will be Jean-David Tardif, President & COO of Cascades. Jean-David will join industry experts in providing both internal and external perspectives on tissue’s role in a rapidly evolving world, allowing you to navigate the path forward with informed insights. Tissue World […]
Cascades deeply regrets and is saddened to announce the death of one of its cofounders, Mr. Bernard Lemaire, at the age of 87. Bernard Lemaire was born in Drummondville, Québec in 1936. In 1960, he joined the family business of waste recovery, Drummond Pulp and Fiber. Four years later, under his impetus, and with the […]
Jessica Nordin is taking up the role as new Director of Sustainability at Södra with responsibility for leading and developing Södra’s overall sustainability agenda moving forward. A major focus will lie on strengthening efforts and knowledge concerning biodiversity and sustainable forestry, which are important topics for Södra. Jessica Nordin most recently served as Environmental Manager […]
The South Ostrobothnia Centre for Economic Development, Transport and the Environment issued its statement on the EIA report for the Kaskinen paperboard mill of Metsä Board, part of Metsä Group, on 22 September 2023. This concludes the mill project’s environmental impact assessment procedure. The results of the impact assessment will be considered in the ongoing […]
The Paper Receipts Converting Association (PRCA) is pleased to announce that California Bill AB 1347, which proposed stringent regulations on the use of paper receipts in the state, failed to move past Senate Appropriations last week. A victory for consumers and industry alike, the bill will not move forward in the state’s 2023-24 legislative session. […]
Huhtamaki is making a significant investment in its Paris, Texas facility in the U.S. The investment consists of an expansion of its manufacturing capacity as well as a consolidation of an external warehouse. The investment into production assets is approximately $30 million, and the warehouse and manufacturing facility will be leased. This will significantly increase […]
Stora Enso has completed the negotiations concerning the consolidation of its book paper production and the permanent closure of one of the two paper machines at the Anjalankoski site in Finland. The closure will take place during the fourth quarter of 2023. In April 2023, Stora Enso announced a plan to permanently close one of […]
Suzano on June 2 said it expects to reduce its production volume of market pulp by approximately 4% throughout the year when compared to its nominal production capacity and historical volumes. Suzano said its decision is based on the fact that this volume production would not bring adequate returns for the company during a more […]