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Twin Rivers Paper Company announced two new appointments to its executive leadership team. Robert Harvey joined Twin Rivers as the company’s chief operating officer in February. Tyler Rajeski was named vice-president of finance in April 2022, leading the company’s finance, accounting, treasury and tax functions.
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“West Fraser generated strong financial results again in the second quarter of 2022, supporting the return of more than $1.5 billion of capital to shareholders through share repurchases and our quarterly dividend,” said Ray Ferris, West Fraser’s president and CEO.
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Canfor Pulp Products shared its second quarter of 2022. The company reported an operating loss of $8.1 million for the second quarter of 2022, compared to an operating loss of $26 million for the first quarter of 2022. Pulp production was up six percent from the previous quarter, as NBSK productivity in the current quarter was maximized to available transportation.
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The future of the pulp and paper industry is in good hands! Armed with a strong work ethic, initiative, curiosity, and a commitment to training and safety, the 2022 winners of our Top 10 Under 40 program are positioned to take the industry forward. This week, we introduce Alexandre Desilets, junior process engineer at Cascades Tissue Group in Kingsey Falls, Que.
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Mercer International reported that its second-quarter 2022 operating EBITDA increased to a $145.1 million from $83.8 million in the second quarter of 2021 and decreased from $154.5 million in the first quarter of 2022.
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The board of directors of Kimberly-Clark Corporation recently declared a regular quarterly dividend of $1.16 per share. The dividend is payable on October 4, 2022, to stockholders of record on September 9, 2022.
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Voith Group’s sustainability performance received a B- rating this year from the international rating agency ISS ESG. According to the current rating, Voith is among the three best companies worldwide in terms of sustainability, compared with 176 other plant and mechanical engineering companies.
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