Veritiv Corporation, a leading distributor of packaging, facility solutions, and print products, today announced that an affiliate of Clayton, Dubilier & Rice, LLC (CD&R) completed its acquisition of the company. On August 7, 2023, CD&R and Veritiv announced they had entered into a definitive agreement under which each share of Veritiv common stock issued and…
Ivar Vatne appointed CEO of Billerud
The Board of Billerud has appointed Ivar Vatne to be the President and CEO of Billerud. Ivar Vatne has been acting President and CEO since July 2023 and enters the permanent position with immediate effect. “The Board has conducted a thorough recruitment process and has evaluated both internal and external candidates. We are very pleased…
Weyerhaeuser to enhance southern timberlands portfolio
Weyerhaeuser Company recently announced it has entered into two distinct agreements with Forest Investment Associates to divest approximately 69,600 acres in Upstate South Carolina for $170 million, and to purchase approximately 60,700 acres of high-quality timberlands in Coastal North Carolina, South Carolina and Mississippi for $163 million. Key attributes of the transaction: Adding high-quality timberlands…
Mativ announces completion of sale of engineered papers business
Mativ Holdings, Inc. announced today that it has completed the sale of its Engineered Papers business to Evergreen Hill Enterprise, Pte. Ltd. Julie Schertell, CEO of Mativ, commented, “We are very pleased with the completion of the sale of Engineered Papers. They have a great team and strategy in place for a successful future. For…
Andritz starts up largest high-kappa fiberline in China for Nanning Sun Paper
Andritz has started up a state-of-the-art, highly efficient fiberline and lime kiln plant at Nanning Sun Paper’s pulp and paper mill in Nanning, Guangxi Province, China. Zang Zijia, Project Director, Nanning Sun Paper, said, “Start-up of the fiberline and lime kiln went very smoothly. The project progressed quickly, the start-up test was completed within…
Upcoming event: Pulp & Beyond 2024
Pulp & Beyond is the leading forum bringing together the latest forest-based bioeconomy innovations, products, services and technologies as well as key people throughout the ecosystem. The traditional PulPaper event has been fully redesigned. The next generation for PulPaper, Pulp & Beyond 2024 is the leading forum bringing together the latest forest-based bioeconomy innovations, products,…
Georgia-Pacific to invest $150 at its tissue mill in Halsey, Oregon
Georgia-Pacific announced a $150 million investment in its retail consumer tissue business at its mill in Halsey, Oregon. Investments to the Halsey mill will increase production capacity for high quality bath tissue, with initial production expected in 2025. By the end of this project, Georgia-Pacific will have invested over $200 million in paper machine and converting assets at Halsey since 2022. Georgia-Pacific announced a $150…
Saica Group acquires Ecovidal to strengthen its presence in the Madrid region
Saica Group has reached an agreement to acquire the total shares of the waste management and collection company, Ecovidal-Miguel Vidal e Hijos. Through this acquisition, Saica Natur strengthens its presence in the Henares corridor, an important business, industrial and residential area in the north-east of Madrid region. The acquired company has 25 employees and in…
Clearwater Paper announces achievements in its 2023 Sustainability Report
Clearwater Paper Corporation has released its 2023 Sustainability Report, an annual update on the company’s progress against its multi-year sustainability goals. The report also announces Clearwater Paper’s new strategic sustainability framework, Everyday Responsibility. This forward-looking strategy centers the company’s sustainability work and initiatives on three distinct pillars: Resource Stewardship, Trusted Products, and Thriving People and…
Andritz to supply dewatering and dispersing equipment to Rondo Ganahl’s paper mill in Austria
Andritz has received an order from Rondo Ganahl AG to supply dewatering and dispersing equipment to be installed in its paper mill in Frastanz, Austria. Start-up is scheduled for end of 2024. This upgrade will help the customer make his paper mill fit for the future to meet growing demands in the production process. ANDRITZ…