Further to Canfor Corporation’s (TSX:CFP) announcement on June 17, 2020, its 70%- owned subsidiary, Vida Group, has today completed the purchase of three sawmills located in Sweden from Bergs Timber.
https://www.canfor.com/docs/default-source/news-2020/canfor-subsidiary-closes-bergs-acquisition.pdf?sfvrsn=330fee91_2
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Verso Corporation today announced the launch of its redesigned website, featuring all-new content that covers numerous topics and areas of interest, from its library of paper promotions to sustainability information and much more. "At Verso, we saw an opportunity to create a more impactful online presence that's better aligned with our industry leadership and innovative, resilient spirit," said Verso Director of Communications Shawn Hall. "New technology enabled us to build a much more dynamic, user-friendly site for an experience that both informs and inspires." The new website takes the user through sections for products, careers, sustainability and education—featuring Verso's highly popular Ed® series—as well as investor and customer resources. The showstopper: the product promotion section, which shows visually stunning photo layouts of printed Verso product promotions, many providing the opportunity to order the actual printed piece. "It's just beautiful," said Hall. "A perfect expression of the vibrant future we see for our company."
Headquartered in Mexico City, Mexico, Poliquímicos is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the pulp and paper markets in Mexico. The business will be integrated into Solenis as part of its direct-to-market strategy. “The acquisition of Poliquímicos will enhance Solenis’ direct sales channel in the Mexican market and improve our production capabilities in the region,” said John Panichella, CEO, Solenis. “With more than 46 years of history in Mexico, we are thrilled to welcome the Poliquímicos team and are excited to provide them with the full suite of Solenis products to better serve our customers.”
International Paper (NYSE: IP) today announced plans to invest approximately $300 million to convert its No. 15 paper machine at the Riverdale Mill in Selma, Ala. from uncoated freesheet to high quality whitetop linerboard and containerboard. The conversion is targeted to be completed by mid-year 2019. The investment will add 450,000 tons of annual capacity, with flexibility to shift between containerboard products.
Converting Riverdale No. 15 will position International Paper to grow its Industrial Packaging business, continue to provide attractive jobs to Riverdale team members and remain a significant supplier of uncoated freesheet in North America.
"Our customers expect us to support their growth and this machine conversion will meet their needs," said Tim Nicholls, IP's senior vice president, Industrial Packaging the Americas. "Our Industrial Packaging business continues to focus on our customers in strategic channels including our box business, domestic and export containerboard and specialty grades."Click Read More below for additional detail.