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Atlas Holdings Acquires USA-Based Crown Paper Group

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Leading West Coast Paper and Packaging Company joins Atlas Holdings’ gobal family of manufacturing and distribution businesses. Paper industry executive Mr. Randy Nebel has been appointed as the Chairman of the Board. October 12, 2022  Atlas Holdings has completed the acquisition of Crown Paper Group, including Port Townsend Paper Corporation......
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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......
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BillerudKorsnäs: Ramped Up KM7, the World’s Most Modern Board Machine with Capacity of 500000 TPA

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2021: The year that was 2021 was a very successful year for BillerudKorsnäs as a whole but also for business area sack & kraft papers. We have had a very successful year in terms of new business developments and getting entry into newer packaging applications while at the same time......
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Billerudkorsnäs to Acquire Verso Corporation for USD 825 Million

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BillerudKorsnäs is aiming to convert Verso’s Escanaba Paper Mill into a world-class, sustainable, and fully integrated paperboard production site where one machine is estimated to be converted by 2025 and another by 2029. The total investment for the conversion project will be about USD 1 billion. December 21, 2021 Verso......
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US Continues With Antidumping and Countervailing Duties on Coated Paper Imports From China and Indonesia

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USITC determined that material injury to the domestic industry was likely to continue or recur after revocation of the existing ADD and CVD orders. December 7, 2016 There is no end to punitive tariffs on coated paper imports from China and Indonesia in the USA. Under the five-year sunset review......
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Verso Announces Plans to Temporarily Idle 200,000 Tonnes of Annual Production Capacity at Androscoggin Mill

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The idling of the No. 3 paper machine will result in the layoff of about 190 employees at the Androscoggin Mill. November 1, 2016 Verso Corporation announced plans to temporarily idle the No. 3 paper machine at its Androscoggin Mill in Jay, Maine, reducing annual coated paper production capacity by......
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Verso Corporation Plans to Temporarily Idle Paper Machine at Androscoggin Mill

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Temporarily idle paper machine No. 3 will result in reduction of annual coated paper production capacity by approximately 200,000 tonne. November 1, 2016 Verso Corporation intends to implement capacity reduction beginning in the first quarter of 2017. So the company has planned to temporarily idle paper machine No. 3 at......