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Billerud’s Escanaba Mill Expansion of USD 1 Billion Seeks Legislative Support of USD 200 Million

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Billerud has successfully got the nod of Michigan’s state legislation for investment support of a maximum of USD 200 million against USD 1 billion investment. The company is planning to expand its Escanaba Mill into a paperboard production facility. February 24, 2023 Billerud’s expansion plans have been approved for investment......
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BillerudKorsnäs becomes Billerud

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The name change to Billerud is in line with the company’s strategy to expand into North America and continue driving sustainable growth in global markets. October 12, 2022 BillerudKorsnäs has simplified its name to Billerud to cater to its international customers. As a leading supplier of virgin fiber-based paper and......
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BillerudKorsnäs completes the Acquisition of Verso

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With the acquisition of Verso, BillerudKorsnäs is strengthening its strategy to achieve profitability and sustainable growth, and boosting its presence in North America. April 11, 2022 Sweden-based BillerudKorsnäs has completed the acquisition of Verso Corporation for about USD 825 million in a cash deal. Ohio, USA-based Verso Corporation is a......

Acquisition of UPM's packaging paper operations approved by the requisite regulatory authorities

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May 22, 2012 The requisite regulatory authorities have approved Billerud Finland Oy’s acquisition of UPM’s packaging paper operations at Pietarsaari and Tervasaari. Billerud Finland Oy is a wholly owned subsidiary of Billerud AB. The purchase price is around EUR 130 million. “The acquisition strengthens our offering in packaging paper and......