This month marks a new milestone for paper production for Willamette Falls Paper Company (WFPC). On October 1, WFPC expanded its capacity on a third paper machine to manufacture additional coated freesheet paper.
Previously only running at 50% capacity, this paper machine is now operating at 100% capacity to meet customer demand. This has increased our ability to produce additional tons of 60# and 70# text, as well as a new higher yield 75# Sonoma® coated grade.
more at: https://whattheythink.com/news/112492-willamette-falls-paper-company-expands-manufacturing-capacity-meet-demand-coated-freesheet-paper/?utm_source=newsletter&utm_medium=email&utm_campaign=daily
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West Fraser Timber Co. Ltd. announced that it has entered into an agreement to acquire Georgia Pacific’s oriented strand board (“OSB”) mill near Allendale, South Carolina for approximately $280 million. The transaction is anticipated to close following successful completion of U.S. regulatory reviews and satisfaction of customary conditions. Management will provide an update and further details about the transaction on West Fraser’s third quarter earnings call on October 28, 2021. All dollar amounts in this news release are expressed in U.S. dollars. The Allendale facility, which initially began producing OSB in 2007, has been idle since late 2019 and has an estimated stated capacity of approximately 760 million square feet (3/8-inch basis). The Company intends to invest an estimated $70 million of additional capital to upgrade and optimize the facility in preparation for its restart and this upgrade is anticipated to take approximately nine months to complete. The mill is expected to directly employ approximately 135 people and be one of the lowest cost mills in the Company’s OSB portfolio after the optimization is complete and the mill has ramped up to full production, a process that typically takes 18-24 months after restart.
Catalyst Paper will continue to vigorously defend itself against an unwarranted and onerous U.S. trade action following today’s disappointing decision by the U.S. Department of Commerce that it will impose a 22.16% anti-dumping duty deposit on the company’s exports of uncoated groundwood paper products. Uncoated groundwood directory paper was excluded from the duty. “We are very disappointed with this decision,” says Ned Dwyer, President & Chief Executive Officer. “This U.S. trade action is unwarranted and without merit.” Click Read More below for additional information.
“Though Democrats and Republicans disagree about many things in an election year, members in both parties and in nearly all states support having a paper record of some kind to ensure that election results are accurate,” says Tom Howard, vice president of government relations for Domtar. In 2018, Congress approved $380 million to assist states in improving the security of federal elections. Legislators gave states flexibility in spending but sent clear signals about the importance of having a voter-verified paper record of every vote. Those paper records would be valuable in case a post-election audit is needed to ensure that voting machines produced accurate results.