A paper mill in northern Ontario will begin winding down operations after failing to secure immediate financial support from the federal government, the company announced Monday. Kap Paper said it has received $50 million in loans from the Ontario government, which helped provide short-term stability. It said it had approached Ottawa for funding, but the timing "doesn't appear to be aligning" for a solution to keep the Kapuskasing mill open. A spokesperson for Kap Paper said about 420 people are employed directly through the company and a total of 2,500 jobs in the region depend on its operation. The provincial government said it has provided Kap Paper with millions to help cover operating expenses and is "disappointed" that the federal government has failed to join in providing immediate support.

"Verso's focused product development and innovation initiatives have resulted in a portfolio of label and release liner papers that now includes more than 60 unique products, making it the largest offering in North America," said Verso President of Graphic Papers Mike Weinhold. "Verso's breadth of specialty products makes it easy for our customers to choose the paper that best fits their unique needs, and these paper selectors now make that selection easier than ever." "These paper selectors detail the light to heavyweight release liners and multipurpose to special application facestock papers Verso has developed for our customers' pressure sensitive laminating needs," said Ed Buehler, Vice President and General Manager of Verso's Specialty Papers business. "We've highlighted end-use applications, mill locations and specifications for many of our respected brands, all in one simplified printed piece that provides customers with a convenient guide to the right Verso specialty paper to meet their needs, no matter how complex the end-use application." Click Read More below for additional details.

Asia Pulp & Paper (APP) announced that it has achieved a gold rating from EcoVadis, the global leader in sustainability assessments, for its continued commitment to corporate social responsibility (CSR) throughout its business operations. This achievement places the company in the top five percent of organizations rated. This is the second time APP has received this recognition from EcoVadis. The rating is based on anextensive assessment of four key areas in APP’soperations in Indonesia and China – Environment; Labor Practice and Human Rights; Sustainable Procurement; and Fair Business Practices. Click Read More below for additional information.