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Tag : U.S.

One Rock Acquires Weyerhaeuser’s Norpac Paper Mill

Manik Seth
Weyerhaeuser’s nearly 90-year papermaking presence in Longview comes to an end as it sells Norpac Paper Mill to One Rock Capital Partners, LLC. October 7, 2016 Established in 1976 in Longview, Norpac has weathered the declining newsprint market as newspapers closed and downsized. Part of a joint venture between Weyerhaeuser...

65 North American Companies Remove “Go Paperless – Go Green” Claims

Manik Seth
Two Sides campaign continues to gain traction as major brand name companies change marketing campaigns used to promote electronic services. September 22, 2016 Two Sides North America, Inc. confirmed that over 65 leading North American companies have removed inaccurate anti-paper claims as a result of the group’s efforts. The list...

Is International Paper the Next Takeover Target?

Manik Seth
Even after the quarter topping consensus forecasts of USD 5.27 billion, IP faces speculation of being the next takeover target. August 17, 2016 Amid speculations that the paper-products maker could be a takeover target, shares of International Paper (IP) rose 1.6 percents to USD 46.79, the highest since August 19....

WestRock’s Montville Paper Plant to Shut Down Permanently

Manik Seth
The Montville mill produces about 166,000 tons of corrugated cardboard packaging per year January 13, 2016 The WestRock corrugated packing plant in Uncasville will close permanently on February 1, according to a company spokesperson. Officials from the Georgia-based company informed the 85 local employees that the mill would be closing,...

International Paper announces two agreements to sell three U.S. containerboard mills

Manik Seth
June 2, 2012 International Paper announced that it has reached two agreements to sell three U.S containerboard mills in order to satisfy the company’s obligations in its February 2012 settlement agreement with the U.S. Department of Justice. Under the terms of the DOJ settlement agreement, entered into in connection with...
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