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August 14, 2019

Canfor Corporation receives buyout offer from Great Pacific

Canfor Corporation has received an offer from Great Pacific Capital Corporation to purchase the remaining Canfor shares it doesn't already own for $16 per share.

Northern Pulp closure would eliminate 2,700 jobs, says Unifor study

Unifor, the union representing workers at Paper Excellence's Northern Pulp mill, has commissioned a study that indicates 2,700 jobs would be lost across the province if the mill closes.

N.S. premier responds to Unifor's plea for Northern Pulp build

Nova Scotia's premier has dismissed Unifor's request to allow Northern Pulp's new effluent treatment plant to begin construction ahead of the company finishing its due diligence for the province.

Kruger Products sees revenue increase in Q2 2019

KP Tissue Inc. (KPT) has reported the Q2 2019 financial results of KPT and of Kruger Products L.P. (KPLP), citing a 7.9 per cent revenue increase for KPLP in Q2 2019 over Q2 2018.

Cascades announces record sales for Q2 2019

Cascades Inc. has reported its second-quarter financial results, citing an increase in sales and operating income over both Q1 2019 and the year-ago period.
Featured News 

ABB names Björn Rosengren as new CEO

ABB has appointed Björn Rosengren, currently president and CEO of Sandvik, as its new chief executive officer effective March 1, 2020. » Read More

Fortress Global reports disappointing Q2 and an uncertain future

After a disappointing 2019 second quarter, Fortress Global Enterprises Inc.'s latest financial report indicates it will need access to additional sources of liquidity from investors in order to continue operating. » Read More

Kruger renews lease for Gatineau paper plant

Kruger Inc. has renewed the lease for its Laurier paper plant in Gatineau, Quebec, which will allow operations to continue until 2053. » Read More

Rayonier Advanced Materials reports Q2 2019 net loss of $15M

Rayonier Advanced Materials Inc. has filed a second-quarter 2019 net loss of $15 million compared to net income of $54 million for the year-ago period in 2018. » Read More

Kadant Black Clawson sells 10,000th FibreWall screen cylinder

The subsidiary of Kadant is celebrating a company milestone after manufacturing and selling its 10,000th FibreWall screen cylinder, designed for the high-efficiency removal of debris and contaminants from pulp. » Read More

ABB to supply automation for Sappi pulp project in South Africa

Sappi, a producer of dissolving wood pulp, has chosen ABB to supply engineering, procurement and construction for the electrical, control and instrumentation portion of a project in South Africa. » Read More

PAPTAC Atlantic Branch Conference

September 18-20, 2019
Location: Edmunston, NB
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TissueCon 2019

October 1-4, 2019
Location: Orlando, FL
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FPInnovations Pulp, Paper & Bioproducts Course

October 7-11, 2019
Location: Montreal, QC
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BLRBAC Fall 2019 Meeting

October 14-16, 2019
Location: Atlanta, GA
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October 27-30, 2019
Location: St. Louis, MO
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FPInnovations Applied Tissue Course

November 5-6, 2019
Location: Montreal, QC
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