Canfor Corporation (TSX:CFP), further to its announcement on November 9, 2018, completed the purchase of Elliott Sawmilling Company Inc. (“Elliott”) on May 31, 2020.
Elliott adds over 210 million board feet of production capacity.
https://www.canfor.com/docs/default-source/news-2020/nr2020-06-01-canfor-elliott-acquisition-news-release.pdf?sfvrsn=41bee91_2
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Appleton Coated, a mill that shut abruptly last fall when it went into receivership, has been inching back to life, with its third machine restarted Monday (March 26) and 230 of its 600 employees recalled to work.
Its improbable rebirth is coming under an equally improbable owner, used machine dealer Industrial Assets Corp.
Other mills that shut in the past, like NewPage in Kimberly, are no more than a pile of rocks today.
Appleton Coated, instead, is getting back on its feet.
Crown Native is available for sale starting from February 2021 after 2 years of development. Environmental friendly and food compliant. The commercialization of the sugar beet paper makes Crown Van Gelder the first in the world to produce 'sugar beet paper' at an industrial level. The new product line called 'Crown Native' reduces the environmental impact by 16% through the usage of less wood fibers compared to traditional paper. A second advantage of using sugar beet pulp is that it is FDA* compliant. Crown Native is also approved by the BfR36** and suitable for food packaging, unlike most types of recycled papers that contain print ink residue. This makes sugar beet paper the ideal choice for product packaging and also for shopping bags or promotional print. Crown Native is the perfect fit for brands with a sustainability ambition.
Independent German paper mill Feldmuehle Uetersen has confirmed that it has been acquired, with more than 95% of jobs saved. Following reports last month that the business, which filed for insolvency in January, had been acquired by a holding company, the buyer’s identity has now been unveiled as a subsidiary of Berlin-based private equity company Beteiligungsgesellschaft Kairos Industries. “The successful completion of this refurbishment is largely thanks to the dedication, flexibility and responsiveness of the Feldmuehle employees," said Thies. Click Read More below for additional information.