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The Watermill Group, a strategy-driven private investment firm, announces it has completed an investment in Musser Lumber and its principal operating subsidiary, Musser Biomass and Wood Products (collectively, “Musser”), the mid-Atlantic region’s leading producer of premium dried hardwood fiber and associated converted products.

Andritz has received an order from lndah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line including a reject treatment system to the mill in Karawang, Jawa Barat, Indonesia.

ABB has won an order from Södra Cell to implement optimization control for the pulp and paper manufacturer’s mill in Värö, Sweden.

Carccu, a packaging manufacturer based in Sastamala, Finland, has been awarded Forest Stewardship Council (FSC) forest certification.

Nordic Paper has chosen the digital solution AFRY PaperLine to replace the existing production support system with a new MES-system.

Stora Enso estimates that the previous full year 2024 adjusted EBIT guidance will be exceeded, thanks to successful implementation of profit improvement actions and more favourable market conditions.

According to DS Smith, the announced investment is in response to growing customer demand for corrugated cardboard by DS Smith customers in the region.

12One Equity Partners (“OEP”) recently announced that it has completed the sale of Walki Group Oy, a pan-European supplier of sustainable and high-performing packaging and engineered materials solutions, to Oji Holdings Corporation (“Oji Group”), a Japanese paper products technology company.

New data Canadian manufacturer Supremex has announced total revenues of $73.3 million for the first quarter of 2024.

Canfor Pulp Products Inc., announced that it will indefinitely curtail one production line at its Northwood facility in Prince George, British Columbia due to the decline in availability of economic fibre in the northern BC region.

PulPac announces its collaboration with Seaman Paper, a leading global manufacturer of environmentally sustainable specialty paper and packaging solutions.

Sappi Europe announces its completion of phase two of a three-phase modernisation project at Gratkorn Mill, Austria. The double-digit million-euro investment consolidates its strong position as a global coated fine paper producer.

Potential takeover Suzano Ventures, the corporate venture capital subsidiary of Brazilian group Suzano, the globe’s largest market pulp producer, is funding up to US$5 million to invest in Canadian startup Bioform Technologies.

Arctic Paper has signed a fifteen-year agreement with S.E.R. Sverige to cooperate regarding energy storage and grid system services.

After thorough analysis of the persistent shortage of economically available timber and challenging operating conditions in northern British Columbia, Canfor Corporation announced today the permanent closure of its Polar sawmill in Bear Lake, BC and the suspension of its planned reinvestment in Houston, BC.

Toscotec will supply an OPTIMA 1800 slitter rewinder to Algerian tissue manufacturer Africaine Paper Mills (APM) at their production facility in Rouiba near Algiers. The start-up is scheduled for the fourth quarter of 2024.