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Smurfit Kappa introduced innovative trucks for reducing CO₂ emissions at Piteå paper mill, Sweden

Smurfit Kappa has introduced innovative new trucks which have increased capacity and slashed CO₂ emissions by 20%. The vehicles, which have been pioneered at the Piteå paper mill in Sweden, can handle heavier loads, resulting in a 30% reduction in the number of trips annually, as the company said in...
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Metsӓ Group inaugurates new Ӓӓnekoski pulp and bioproducts mill in Finland

Metsä Group celebrated the inauguration of its next-generation bioproduct mill in Äänekoski, Finland, on 18 October 2017. With a cost of Euro 1.2 billion, the mill is the largest investment in the history of the Finnish forest industry, as the company says in the press release received by Lesprom Ne...
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Sappi Europe announces price increase for packaging and speciality papers

Sappi Europe announces price increases for all packaging and speciality papers with effect of January 1st, 2018. The increase will be 7 % for all uncoated grades and 5 % for all coated grades for flexible packaging, label papers, containerboard, silicon-base papers and paperboard. The price rise wil...
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Japan’s imports of plywood rose 11% in August

Japan’s August imports of plywood rose 11% year-on-year but compared to a month earlier August import volumes were flat, as ITTO reported.Over the past 12 months shippers in Malaysia, mainly Sarawak have provided the largest volume of plywood to Japan. The second ranked shipper is Indonesia followed...
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West Virginia Great Barrel Company to build hardwood manufacturing plant in West Virginia

West Virginia Great Barrel Company will build a hardwood manufacturing plant in Greenbrier County. The 90,000-square-foot plant will be situated on a 23-acre site in White Sulphur Springs, West Virginia. West Virginia Great Barrel Company has been approved for a $6 million loan from the West Virgini...
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DS Smith to acquire EcoPack and EcoPaper in Romania

DS Smith Plc has entered into an agreement to acquire EcoPack and EcoPaper, for an enterprise value of circa Euro 208 million, as the company said in the press release received by Lesprom Network.EcoPack and EcoPaper is a leading integrated packaging and paper group in Romania; family owned for many...
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New Forests to acquire California timberlands from Roseburg Resources

New Forests announced an agreement to purchase a 170,000-acre timberland estate in northern California from Roseburg Resources Co. The properties will be acquired by Shasta Cascade Timberlands LLC, an investment entity managed by New Forests. Settlement is expected in early 2018, as the company says...
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Monadnock introduces Kona portfolio of packaging substrates

Monadnock introduces the Kona® portfolio of packaging substrates that is made with non-wood fiber from used burlap bags diverted from the landfill.Monadnock entered an exclusive licensing agreement with Arch Paper LLC and Whiting Paper Company for the production of a range of Kona paper and board pr...
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U.S.containerboard production in September essentially flat year-over-year

U.S. containerboard production in September 2017 was essentially flat compared to September 2016. The month-over-month average daily production compared to August 2017 was 3.8% lower, as the American Forest & Paper Association reported.The containerboard operating rate for September decreased fr...
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Clearwater Paper's 3Q net sales down 2% to $426.5 million

Finance93  
Clearwater Paper Corporation reported net sales of $426.5 million for the 3Q 2017, down 2% compared to net sales of $435.3 million for the 3Q 2016.Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the 3Q 2017 were $0.9 million, comparable to net earnin...
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