News for August 2018

Green Bay Packaging Inc. Breaks Ground on New Green Bay Mill

Just two months after announcing plans to replace its current, 71-year-old Green Bay Paper Mill, leaders from Green Bay Packaging Inc. formally broke ground on constructing the first new paper mill in the State of Wisconsin in over 30 years. Wisconsin Governor Scott Walker, City of Green Bay Mayor Jim Schmitt, and Brown County Executive […]

Resolute Forest Products to sell its recycled pulp mill in Fairmont, West Virginia (to Nine Dragons)

Resolute Forest Products Inc. has entered into a definitive asset purchase agreement with NDPaper LLC, a subsidiary of Nine Dragons Paper (Holdings) Limited, for the sale of itsFairmont, West Virginia, recycled bleached kraft pulp mill, for$55 millionplus certain elements of working capital, payable in cash. Full Story Source: Container Board

International Paper Co (IP) Insider Timothy S. Nicholls Sells 17,000 Shares

International Paper Co (NYSE:IP) insider Timothy S. Nicholls sold 17,000 shares of International Paper stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $52.53, for a total value of $893,010.00. Following the sale, the insider now directly owns 108,538 shares of the company’s stock, valued at $5,701,501.14. […]

China: Cardboard prices will rise sharply in August

Since November last year, the price of raw paper has risen from 3,000 yuan per ton to more than 6,000 yuan per ton, and the price has doubled. The madness of rising paper prices has brought great pressure on related industries. Full Story Source: Container Board

Diamond Packaging Wins Four Awards, Including Three for Sustainability, in 2018 package PRINTING Excellence Awards

Diamond Packaging today announced that it won four awards, including all three nd in the “Sustainability – Folding Cartons” category, in the 32 annual packagePRINTING Excellence Awards, the industry’s only competition recognizing the highest level of printing quality and technical achievement across the full range of packaging segments – labels, flexible packaging, folding cartons, and […]