CURRENT HEADLINES

• Canopy In Davos To Release Report On Transforming The Paper And Textile Industries To Halt Climate And Species Crisis

  International environmental group Canopy today launched a visionary action plan. It describes how to transform the unsustainable global paper packaging and viscose textile industries by removing 50% of the forest fibre from pulp manufacturing and replacing it with Next Generation alternative fibres such as agricultural residues and waste cotton textiles

• Karelian Wood Company LLC Becomes Part Of Segezha Group

  Karelian Wood Company LLC, a logging and wood processing enterprise, has been officially included in the forest industry Segezha Group (part of Sistema JSFC), said Vladimir Vinogradov, member of the Board and Vice President for Strategy and Business Development, commenting on completion of the transaction to acquire the new asset. The wood processing plant near the city of Kostomuksha in the Republic of Karelia, with the output capacity of up to 250,000 cubic meters of sawn wood a year, has been acquired from Pin Arctic Oy Company (Finland)

• Adhoc: The Decision Has Been Made: Lenzing Joint Venture To Build Dissolving Pulp Plant In Brazil

  The Lenzing Group, world market leader for wood-based cellulosic fibers, and Duratex, the largest producer of industrialized wood panels in the southern hemisphere, announce that they will build a 500,000 t dissolving wood pulp plant in the State of Minas Gerais, near Sao Paulo (Brazil)

• Yukon Supports Industrial Opportunity Partners’ Investment In Midwest Paper

  Yukon Partners (“Yukon”), a provider of mezzanine capital for middle market private equity transactions, is pleased to announce that it has partnered with Industrial Opportunity Partners (“IOP”) to support the acquisition of Midwest Recycled and Coated Containerboard Mill, LLC (“Midwest Paper” or the “Company”). Midwest Paper is a paper mill headquartered in Combined Locks, Wisconsin

• Resolute Invests $38M In Its Kénogami Mill In Quebec

  Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the construction of a commercial plant specializing in the production of cellulose filaments, a new sustainable biomaterial derived from wood fiber, at its Kénogami paper mill in Quebec as well as the optimization of the mill, at a total cost of $38 million

• Valmet Launches A New Microwave Consistency Measurement For Pulp And Paper Makers

  Valmet launches a completely redesigned Valmet Microwave Consistency Measurement – Valmet MCA (patent pending) for pulp and paper makers

• Konecranes Redefines Heavy Lifting With New M-Series Winch

  Global crane technology leader Konecranes has retooled its flagship heavy winch design, incorporating the best features of its Uniton and Smarton models into the new M-series winch

• Clearwater Paper Announces Ratification Of Labor Contracts

  Clearwater Paper Corporation announces the ratification of its labor contracts with the United Steelworkers and International Brotherhood of Electrical Workers at its Lewiston, Idaho facility.

• Sappi North America's Somerset Mill Certified To ISO 22000:2018 Food Safety Management System Standard

  Sappi North America, Inc., a leading producer and supplier of diversified graphic and release papers, packaging products and dissolving wood pulp, today announced that its Somerset Mill in Skowhegan, Maine is certified to the ISO 22000:2018 Food Safety Management System (FSMS) standard.

• Resolute To Acquire Conifex's Three U.S. Sawmills

  Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced it has entered into an agreement to acquire Conifex Timber Inc.'s three sawmills in the U.S. South for $163 million plus working capital delivered at closing, which is currently estimated at $7 million