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PaperAge
PAPER INDUSTRY NEWS - THURSDAY, APRIL 2, 2020

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PULP, PAPER, PACKAGING, TISSUE

International Paper to Sell its Corrugated Packaging Business to Klabin for R$330 Million
International Paper Has entered into an agreement to sell its Brazilian corrugated packaging business to Klabin S.A. for R$330 million, with R$280 million to be paid at closing and R$50 million one year thereafter. This business includes . . .
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PCA to Take Economic Downtime at its Jackson, Alabama Uncoated Freesheet Mill
Packaging Corporation of America announced plans to temporarily idle both paper machines and the sheet-converting operation at its Jackson Mill in Jackson, Alabama for the months of May and June 2020. This is expected to reduce paper production by . . .
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Kruger to Temporarily Shutdown Its Brompton Paper Mill in Quebec, Canada
Kruger Specialty Papers announced the temporary shutdown of its Brompton paper mill, effective April 3, for an indefinite period of time. Kruger said the downtime is the result of "unfavorable market conditions that deteriorated very rapidly with . . .
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Canfor Pulp to Take Three Weeks Downtime at Northwood Pulp Mill in Prince George, BC
Canfor is postponing the planned extended spring maintenance shut1 at Northwood Pulp Mill until later this year, and instead will curtail the mill for three weeks during the period the turnaround was originally scheduled to occur. This will result in a reduction of . . .
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Paper2020 Convention Dailies Available as Both Print and
Digital Editions

Paper2020, which was to take place March 15-17 at The Lotte New York Palace, was cancelled due to the increasing threat of COVID-19 being spread among attendees and beyond. The official publication of the event, the Paper2020 Convention Daily, was printed and ready to ship a few days prior to the cancellation of convention. Print copies have been mailed to all who registered for Paper2020.
      Digital editions of Dailies are available on PaperAge's homepage evzone-china.net.cn and the Paper2020 website, .


Norske Skog and Burgo Restart Paper Machines in Europe after COVID-19-Related Downtime
Norske Skog's Golbey newsprint mill in France has restarted PM 2. The machine was put back into operation on April 1 after a two-week stoppage. The machine had been shut down due to one confirmed case of coronavirus, which . . .
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Metsä Fibre Ready to Begin Second-Phase Prep Work for $1.5 Billion Bioproduct Mill in Kemi, Finland
If implemented, the new Kemi bioproduct mill would replace the current mill and would operate entirely without fossil fuels and produce 1.5 million tonnes of softwood and birch pulp and many other bioproducts annually . . .
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Greif Completes the Sale of Its Consumer Packaging Group to Graphic Packaging for $85 Million
"Given our industrial focus, we were not the rightful owner of the CPG business. The sale helps us de-lever our balance sheet, optimize our capital allocation plans and refocuses our business on our core industrial franchise and . . .
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PAPER DISTRUBUTORS

Japan's Kokusai Pulp & Paper Announces Proposal to Acquire 83.7% Stake in Antalis from Sequana and Bpifrance
"Antalis is one of the largest paper distributors in Europe, and they are distributing paper and paper-related products in 41 countries, mainly in Europe, including South America and Asia Pacific as a leading company. Their strength is in packaging business, high growth . . .
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RECOVERED FIBER - INDIA

PSI Says South Korean Government Ramps Up Recovered Fiber Inspections
The Paper Stock Industries (PSI) Chapter of the Washington-based Institute of Scrap Recycling Industries has provided an update to exporters on conditions in two nations that buy significant tonnages of recovered fiber: South Korea and India . . .
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PEOPLE

Stora Enso Appoints David Ekberg as EVP, Head of Packaging Solutions Division
Stora Enso has appointed David Ekberg as EVP, Head of Packaging Solutions division and member of the Group Leadership Team as of April 1, 2020. Ekberg has held the role of acting Head of Packaging Solutions since . . .
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SUPPLY CHAIN - FOREST PRODUCTS

Supply Chain Data: A Critical Business Component for Navigating Uncertainty
With a watchful eye on market demand, inventories and fluctuating capacities, wood products manufacturers must sharpen their focus on supply chain management to maintain profitability during this time. In particular, there are three facts about wood supply chain management that are especially applicable right now . . .
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If you missed our March 27 newsletter, it's available on the
following link and will open in your browser:

Paper Industry News - March 27, 2020

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