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International News

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Old Town Pulp Mill to Close

Expera Specialty Solutions acquired the former Old Town Fuel and Fiber pulp mill in 2014 September 29, 2015 A Wisconsin-based company announced that it will close the local pulp mill it purchased in 2014 by the end of the year, continuing the... (Continue reading)

Kruger to Convert a Newsprint PM to Recycled Containerboard Production

The converted PM 10 is expected to come online in 2017 September 16, 2015 Canada’s Kruger Inc will invest some CAD 250m to modernise and convert the PM 10 newsprint machine at the Trois-Rivières mill to recycled containerboard production. The converted PM... (Continue reading)

Sinar Mas & April to Invest in Indonesia’s Pulp Production

A combined USD 2.03 Billion investment is lined by both the companies September 26, 2015 Indonesia hopes to increase pulp production by 30 percent in the next two years on the back of the expansion of two commodity conglomerates, the Industry Ministry... (Continue reading)

Stora Enso Completes the Divestments of its Barcelona Mill and Komárom Plant

The two divestments will reduce Stora Enso’s annual sales by a total EUR 131 million October 2, 2015 Stora Enso has completed the divestment announced on 27 July 2015 of its Barcelona mill, which produces recycled-fibre based consumer board, to the private... (Continue reading)

SCA to Acquire Wausau Paper Corp. for USD 513 Million in Cash

Wausau Paper is one of the largest Away-from-Home tissue companies in North America October 13, 2015 SCA a leading global hygiene and forest products company, and Wausau Paper Corp. (“Wausau Paper”), a North American Away-from-Home tissue company, announced that SCA will acquire... (Continue reading)

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Waggeryd Cell Invests USD 7 Million in a Biomass Boiler

Waggeryd Cell Invests USD 7 Million in a Biomass Boiler

The mounting of the boiler will begin during March 2016 August 31, 2015 Waggeryd Cell in Sweden invested SEK 60 million (USD 7 million) in a biomass boiler in order to replace LPG with bioenergy as energy source for the flash dryer.... (Continue reading)

European Commission Opens Investigation Into Mondi’s Acquisition of Wlaki’s Plants

European Commission Opens Investigation Into Mondi's Acquisition of Wlaki's Plants

Commission has concerns that remaining competitors would have considerably lower production capacity than the merged entity September 02, 2015 The European Commission has opened an in-depth investigation to assess whether the proposed acquisition by Mondi of two industrial packaging plants currently owned... (Continue reading)

Stora Enso to Divest Its Packaging Plant in Hungary

The divestment is expected to reduce Stora Enso’s annual sales by EUR 14 million August 31, 2015 Stora Enso has signed an agreement to divest its offset printed micro-flute packaging plant in Komárom, Hungary to Van Genechten Packaging International S.A., a leading... (Continue reading)

Catalyst to Indefinitely Curtail R12 Paper Machine at Rumford Mill

Catalyst to Indefinitely Curtail R12 Paper Machine at Rumford Mill

The decision is due to decline in demand for coated paper September 1, 2015 Catalyst Paper announced its decision to indefinitely curtail the Rumford mill’s No. 12 paper machine, which was temporarily curtailed on May 20, 2015. This decision is fully market-related.... (Continue reading)

JP Acquires Remaining Share of Gould Paper Corporation

JP Acquires Remaining Share of Gould Paper Corporation

The acquisition makes Gould a wholly owned subsidiary within the JP Group July 01, 2015 Japan Pulp and Paper Company Limited (JP) announces the acquisition of the remaining 49 percent of the outstanding shares of Gould Paper Corporation (Gould). The acquisition was... (Continue reading)

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