International Paper announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation to purchase up to 3,000,000 shares of International Paper Company common stock from International Paper shareholders. The offer represents approximately 0.86 % of International Paper’s shares of common stock outstanding as of the May 9, 2023 offer date. TRC Capital’s offer price of $30.67 per share is approximately 4.51% lower than the $32.12 closing price of International Paper common stock on the NYSE on May 9, 2023.
خواندن ادامه مطلبآرشیو برچسب های: Pulp & Paper
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اردیبهشت
اردیبهشت
Clearwater Paper Corporation recently announced that the Science Based Target initiative (SBTi) has validated the company’s climate targets. These targets include reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 29.1 percent and absolute Scope 3 GHG emissions by 25 percent by 2030. The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. SBTi is focused on accelerating companies worldwide to halve emissions before 2030 and achieve net-zero emissions before 2050.
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Connected motors in action: driving efficiency and cutting emissions at two Swedish mills
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اردیبهشت
The pulp and paper industry shares the twin challenge of high energy prices and a need to decarbonize. Across industry, over 90 percent of business leaders believe that rising energy costs threaten their business’s ability to compete, according to an ABB survey from March 2023. The data also reveals that businesses expect lower profitability and plan to cut investment in essential areas such as research, people, marketing, and infrastructure. Concerningly, the research also found that energy prices may impact Net Zero targets – ۵۸ percent of businesses say they may have to move their goals back by as much as five years.
خواندن ادامه مطلب
۲۴
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اردیبهشت
Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced today the debut of its latest volume of The Standard series. Designed for Sappi by Kit Hinrichs, principal of Studio Hinrichs, Volume 7 of The Standard is printed on Spectro, Sappi’s sustainably manufactured premium paperboard, and highlights the importance of sensory packaging in creating a memorable and profitable brand experience.
خواندن ادامه مطلب
۲۴
اردیبهشت
اردیبهشت
Cascades Inc. has reported its unaudited financial results for the three-month period ended March 31, 2023.
Q1 2023 Highlights:
Sales of $1,134 million (compared with $1,135 million in Q4 2022 and $1,038 million in Q1 2022)
Operating loss of $(80) million (compared with $(20) million in Q4 2022 and $(4) million in Q1 2022)
Mario Plourde, President and CEO, commented: “We had a solid first quarter.
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اردیبهشت
Paper Arabia, the very first comprehensive exhibition for paper industry in the Middle East and North Africa (MENA) region is making a strong come back this May 2023, in the backdrop of the growth context and robust prospects for the industry across the globe, and particularly the region.
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۲۳
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اردیبهشت
Mondi announced an upgrade program for its Dynäs pulp and paper mill in Sweden, which will increase efficiency and further improve the overall environmental performance of the mill.
The Dynäs mill produces high-quality sack and specialty kraft papers, used for a variety of paper-based packaging solutions for industrial and consumer industries, and is an important part of Mondi’s Flexible Packaging business.
خواندن ادامه مطلب
۲۱
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اردیبهشت
Billerud has resumed operations at its pulp and paper mill in Escanaba, Michigan, after a rare fungal disease outbreak that began in March forced the company to temporarily idle operations at the site.
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فروردین
فروردین
Dongguan Jianhui Paper Co., Ltd. has successfully started up a new mechanical pulping line from Andritz including the world’s first TwinFlo Prime refiner.
The newly developed TwinFlo Prime optimizes the pulp flow to each refining zone thanks to improved refining gap adjustment. This reduces wear on the refiner plates and thus results in longer plate lifetime and lower maintenance cost.
خواندن ادامه مطلب
۱۶
فروردین
فروردین
The Millcraft Paper Company announces that it has acquired the assets of TNT Papercraft, Cincinnati, Ohio, effective April 1, 2023. Founded by Don Trautmann in 1995, family-owned TNT has a wonderful reputation as a leading distributor of paper and office products for more than 28 years. The acquisition strengthens Millcraft’s position in Southwest Ohio and the
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