Thursday February 25, at 7.07 am, SCA closed permanently paper machine LWC4 at Ortviken paper mill. With this, SCA’s all production of publication paper has come to an end. Publication paper production started at Ortviken in the year 1958 with production of newsprint. Ortviken has grown as a producer of first newsprint and then coated publication paper for magazines and commercial print. Ortviken has produced up to 800 000 tonnes per annum and was one of the world’s largest mills for publication paper production.

Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced it has completed the previously announced acquisition of Georgia-Pacific’s U.S. nonwovens business for $175 million, subject to customary purchase price adjustments. The transaction includes an airlaid manufacturing operation in Mount Holly, NC along with a nonwovens product development operation in Memphis, Tenn.

GreenFirst Forest Products Inc. is pleased to announce that it has entered into a definitive agreement to sell its La Sarre and Béarn sawmills and its Abitibi and Témiscamingue forestry operations, as well as their related assets and business operations (the “Quebec Assets”) to Chantiers Chibougamau Ltée (“Chantiers Chibougamau”), a long-standing Quebec-based and family-controlled forestry company, for approximately $90 million in cash payable at closing, including approximately $40 million for specific working capital items (subject to customary closing adjustments). Quebec-based employees are expected to continue to be employed by Chantiers Chibougamau post-closing. GreenFirst expects to use the net proceeds from the sale to strengthen its balance sheet and continue investing in its Ontario operations. The sale of the Quebec Assets is expected to close in Q1 2023.