Rengo Co., Ltd. announces that the logistics warehouse being constructed jointly with Sumitomo Corporation has been completed. The logistics warehouse is constructed on the location of the previous Yodogawa Mill (Fukushima-ku, Osaka-shi), which closed on March 31, 2018. Operations are expected to commence in Septembe...

Kadant Inc. has entered into a definitive agreement to acquire Joh. Clouth GmbH & Co. KG and its affiliates for approximately Euro 78 million in cash, subject to certain customary adjustments. Clouth is a leading manufacturer of doctor blades and related equipment used in the production of paper, packaging, and tissue.

ABB has been contracted by Arctic Paper Grycksbo to install a new drive and automation system for its Winder 10 at its mill in Grycksbo, Sweden. ABB’s Ability 800xA and ACS880 multidrive system will increase winder availability and productivity and ensure compliance with the latest legal requirements for safety.

Stora Enso has completed the co-determination negotiations concerning closing down the pulp and paper production at its Veitsiluoto site in Finland. The closure will take place during the 3Q 2021. As a result of the negotiations, 550 people will be permanently laid off. Some 28% of the redundancies can be managed throu...