Ahlstrom-Munksjö launches Trinitex® Advance W3200 for unrivaled efficiency gas turbine filtration

Avery Dennison Corporation announced that its board of directors, as a result of a planned succession process, has elected the company’s president and chief operating officer, Deon Stander, as president and chief executive officer, effective September 1, 2023. Current chairman and CEO, Mitch Butier, will serve as executive chairman of the company’s board of directors. “It has been a privilege to have led Avery Dennison for much of the past decade. I have been fortunate to have worked with such a tremendous team at this wonderful company -- a team that has raised the bar by both delivering superior results, while also positioning us for even greater successes in the future,” said Mitch Butier, chairman and chief executive officer, Avery Dennison. “With the company so well positioned, I am confident it is the right time to transition the role of CEO to Deon.”

Maine Governor Janet Mills announced an award of $1,000,000 from the final round of the Forest Recovery Initiative of her Maine Jobs & Recovery Plan to ND Paper (NDP) for an upcoming project at NDP’s Rumford Division to enhance the efficiency of its R15 packaging paper machine. “This financial support will greatly assist our efforts to increase the efficiency of our R15 paper machine and, ultimately, the long-term sustainability of the Rumford Mill,” said Ken Liu, Group Deputy Chairman and Chief Executive Officer. “With help from the State of Maine, we are able to improve critical areas on the machine that will benefit our customers and establish R15 as a leading producer of packaging papers in North America.” “The work we’re doing at our Rumford Division is a huge part of our future and our 100-year vision to thrive as a business and as a positive contributor to the communities in which we operate,” said Liu. “We would like to extend our sincere thanks to Governor Mills and the State of Maine for their support of both ND Paper and the forest products industry through this exceptional program.”

Interfor Corporation announced plans to reduce its lumber production output in the fourth quarter of 2022 by approximately 200 million board feet, or 17% of quarterly capacity, as current economic conditions and market uncertainty have led to reduced lumber demand. This temporary reduction in output is expected to be spread across each of the Company’s operating regions, primarily timed around U.S. Thanksgiving and Christmas holiday periods, and used to accelerate ongoing capital and maintenance projects. The Company’s lumber inventories are currently within normal volume parameters, and these plans are expected to maintain the balance between production and market demand through the remainder of 2022. The Company currently expects to resume its normal operating schedule in January 2023, but will closely monitor market conditions and adjust its production plans accordingly.