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Global Advanced Materials Manufacturer to Expand in Virginia: Hollingsworth & Vose to invest $40.2 million, create 25 jobs in Floyd County

RICHMOND, VA – Governor Glenn Youngkin today announced that Hollingsworth & Vose (H&V), a global manufacturer of advanced materials used in filtration, battery, and industrial applications, will invest $40.2 million to expand its operation in Floyd County.

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International Paper Reaches Agreement to Sell Ownership Interest in Ilim Joint Venture

International Paper today announced that it has entered into an agreement to sell its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for US$484 million equity value.

The sale is subject to regulatory approvals in Russia.

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Mondi supports Noel Alimentaria on their journey to reduce plastic in fresh food packaging

Mondi, a global leader in packaging and paper, has partnered with Noel Alimentaria, supporting them and their choice of a paper-based solution for food products that greatly reduces the use of plastic.

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Global companies propose list of actions to reduce energy costs in 2023

ABB, a global technology leader in electrification and automation, partnered with energy efficiency experts from the International Energy Agency (IEA), Microsoft, DHL Group and other notable companies to publish the “Industrial energy efficiency playbook” which includes 10 actions that a business can take to improve its energy efficiency, reduce energy costs and lower emissions right now. It focuses on mature, widely available technology solutions that will deliver rapid results and ROI – and are capable of being deployed at scale.17

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ABB invests in new QCS ASM program to provide new features for pulp and paper mills

ABB has introduced its new QCS Automation Software Maintenance (ASM) program that not only allows system evolution from older versions to the latest, but also provides continuous improvements between versions through access to regular software updates, therefore helping pulp, paper, packaging and tissue mills to maximize their system investment.

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China’s imports of wood chips grow 18% in 2022

In 2022, China’s imports of wood chips expanded 18% year-on-year to 18.5 million tonnes.

The value of imports increased 46% to $4.0 billion. Average price of wood chips grew 24% to $218 per tonne.

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In December, price for lumber imported to China down 5%

In December 2022, the average price for lumber imported to China slid 5% compared to the previous month at $246 per m3.
This is 20% less than a year ago when it was $306.
The imports of lumber from China grew 6% year-on-year to 2,336 thousand m3 in December.

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Mercer International announces downtime at its Celgar mill

Mercer International Inc. reports that, due to a lack of appropriate fiber availability, its Celgar mill in British Columbia, Canada, is planning to take approximately three weeks of downtime. This curtailment is expected to commence in March 2023.

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Polymer Packaging acquires The William-Allen Company

Polymer Packaging, Inc., (PPI) has acquired The William-Allen Company, a leading supplier of flexible packaging and containers.

William-Allen Company offers a full range of services including design, production, quality control, inventory management, warehousing and distribution. The company ships nationally and internationally from its 33,000 square foot warehouse/distribution center in North Canton.

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Joining forces: Optimized stock preparation portfolio from Voith and Toscotec for tissue production

For more than two years now, the Italian company Toscotec has been a subsidiary of Voith and since then has been serving the business with new lines and major rebuilds in the tissue paper sector for the entire Voith Group.

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Domsjö Fabriker to increase price for Domsjö Cellulose with $75 in China

Domsjö Fabriker AB in Sweden increases the price of Domsjö Cellulose (softwood dissolving) by USD 75 effective January 20, 2023, until further notice.

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In November, price for wood pellets imported to United Kingdom down 0.1%

In November 2022, the average price for wood pellets imported to United Kingdom slipped 0.1% compared to the previous month at $254 per ton.
This is 41% more than a year ago when it was $180.
The imports of wood pellets from United Kingdom lost 10% year-on-year to 648.4 thousand tonnes in November.

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Domtar’s Kingsport Mill resumes operation; produces first containerboard roll

Domtar’s Kingsport Mill recently produced its first 100% recycled containerboard. The milestone marks the culmination of a two-year, $350 million investment project to convert the former uncoated freesheet paper mill into Domtar’s first 100% recycled packaging facility.

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Sodra Wood to expand lumber supplying to Japan

Sodra Wood, which is a Sweden’s largest forest owners association and an international forest industry group, will expand supplying lumber to Japan of 90,000 m3 as a total volume in a year or two years. About 60,000 m3 of 90,000 m3 will be JAS (Japanese Agricultural Standards) lumber.

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Imports of wood chips to European Union fall 55% in November

In November 2022, the imports of wood chips to European Union fell 55% year-on-year to 280 thousand tonnes.
the average price for wood chips imported to European Union increased 22% compared to the previous month and amounted to $138 per ton.
This is 67% more than a year ago when it was $82.

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Premier Paper Group acquires Dublin GPMI in Ireland

Premier Paper Group acquires Dublin-based GPMI in Ireland.
Michael Beever, CEO of the Premier Paper Group says: “GPMI is an exciting addition to the Group and opens up a new geographical market for Premier. These latest acquisitions are consistent with our strategy of achieving good organic growth, based on our traditional paper merchanting foundations, together with selected acquisitions in new but complementary markets.”

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PulPac Announces US-based SustainaPac has Joined Its Licensee Network

PulPac announced that USA-based manufacturing venture SustainaPac LLC has joined its licensee network and will use Pulpac’s “Dry Molded Fiber” technology to produce single-use food service packaging products for the North American QSR (Quick Service Restaurant) market.

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Mondi celebrates eight WorldStar Awards for outstanding packaging solutions

Mondi, a global leader in sustainable packaging and paper solutions, has received eight awards in five categories at this year’s WorldStar Global Packaging Awards.

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Voith Expands Regional Service of OnPerformance.Lab with New Location in China

Voith announced that it has opened an OnPerformance.Lab (OPL) in Kunshan, China. Other OPL locations can be found in Heidenheim, Germany, and Tokyo, Japan.

Voith’s OPL offers data-based services such as data analysis, condition monitoring, smart monitoring and expert advice.

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